29 May Article: 4 reasons millennials are the leaders of the new corporate world
I wrote this article that originally appeared on the BellMTS Business Hub blog. Writing on various business topics, I like to keep keenly aware of the landscape in many different industries. You can find this and more articles written by me on the BellMTS Business Hub.
There are a variety of compelling reasons why millennials, now between 20 to 40 years old (give or take), will inevitably take over current leadership roles. This cohort is coming into its own and entering the prime of their careers when a variety of brand new industries, life-altering technologies and completely different types of leadership positions are also being created. Not only are they ready for this challenge, but in many cases, they’re already taking charge.
For a group that is often seen as less-than-motivated, it might come as a surprise that millennials are making such waves in the world of business. Here’s what has led to the surge in stature for the group often named as the reason for major changes in beer, fabric softener, focus groups, gyms, casual restaurants and even retirements.
1. There’s more of them than ever before
Generally, the largest populations tend to define the zeitgeist and the direction of culture. Millennials now are the majority segment of the population within Canada, and that extends to the workforce as well.
With that comes employer shifts in things like office style and compensation, but also in terms of perks and rewards. This change in direction lends more support to the idea that employers are catering to millennials and ultimately want to bring in the best and brightest of them.