Sometimes change happens slowly and sometimes it forces itself on you before you’re ready. One thing that is certain, however, is that it can’t be avoided.
Therefore, understanding what change is in store for your business needs to be every manager’s top priority.
And arguably no facet of a business is more important than the people who work there.
The modern workplace is changing.
Gone are the days when employees were simply concerned with job security and a competitive salary.
Studies tell us that by 2025 millennials will make up roughly 75% of the workforce. Which means that catering to the needs and desires of Gen Y is essential to the future health of any business.*
The question is: what are millennials looking for when it comes to choosing a career or position?
Do you know the Peter Principle? It was a management theory developed by a man called Lawrence Peter in 1968.
It says that people rise to their level of incompetence. They get promoted based on their good performance in previous roles. Once they reach a role where they perform poorly, they don’t get promoted further and stay where they are.
It’s really easy to fall into this trap if, as a first time manager, you aren’t provided with the training and skills needed to effectively manage a team.
Here’s 9 signs that you may be a bad manager who needs to brush up on team management skills.
Imagine you have an employee who performs well but has bad habits: He comes in late, leaves early, and watches Netflix during working hours.
With a poor performer, it’d be easy. But in THIS scenario, the employee is GOOD.
The problem is that you’re concerned how this kind of behaviour impacts the rest of the team, some of whom don’t perform as well as this guy.
So how do you resolve this issue?
In this blog post, we’ll give you the word for word script that millennials and Gen Z respond to the most, we’ll break down the script sentence by sentence and why it is so powerful, and then we’ll analyse how it ties back into one of the main motivating factors for millennial employees: