Skip to main content
New World of Work

How Millennials Are Changing the Way We Work and What Organisation Needs to Do About It – Part 2

By 17 June 2020No Comments

I am back with some further extractions from my previous book ‘The New World of Work’, at that time the book and its contents were looking to the future but now, due to COVID-19 perhaps it’s looking at the present…

Moving forward, often the best way to predict the future is to look How Millennials Are Changing the Way We Work – And What Your Organisation Needs To Do About It…?

Expertise:

Millennials bring new voices and adopt new technology early. It’s a new sort of expertise that can be threatening to older managers if still viewed through the ‘old’ lens of manager: worker. Instead, “Companies will need a new generation of entrepreneurs, engineers, mathematicians and technologists to harness technology and drive innovation.” and is a key finding from PwC’s 19Th Annual Global CEO study.

A Desire for Flexibility Does Not Mean Disloyalty

Organisations – and their HR departments – must prepare for increasing diversity, changing employee demographics and evolving definitions of work. There is a great shift in generational thinking with the nature of employment itself undergoing a transformation.

A freelancing boom is underway. Various estimates of the freelancing market indicate that nearly one-third of the workforce has taken part in some freelancing work in the past year.

The impacts on recruitment, HR, organisational culture, leadership and management style. How do you recruit this new generation of talented workers? How is your organisational culture impacted as freelancers ‘fly in fly out’? as a new generation joins the market and employment options evolve in an increasingly global and knowledge-based economy, having an effective workforce is a strategic imperative. Opportunities abound in this new environment, for both employers and employees – but so do risks. It requires a new way of working, looking at ‘traditional’ HR models with anew lens.

Next week I will share with you the cultural, leadership & management style of how millennials would like to work and how technology and your organisation would be interconnected in the New World of Work… Meanwhile, please have a look at The New World of Work book… Do you think it’s still true? I would love to know your thoughts…

If you would like to discuss further, please don’t hesitate to contact us…

John Glover, Managing Director, Pendragon

 

Purnima Kabra