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Maria Gurova

Motivating Millennials Takes More than Flexible Work Policies - 0 views

hbr.org/...re-than-flexible-work-policies

Social HR trends talent management Workforce shifting organizational structure motivation openness flexibility flexible hours work life balance work from home risk-tolerant environment feedback

shared by Maria Gurova on 03 Apr 16 - No Cached
  • A 2015 Gallup Poll found that Millennials are the least engaged cohort in the workplace, with only 28.9% saying that they are engaged at work. This, combined with high turnover rates and greater freelance and entrepreneurial opportunities, means that if companies want to retain these valued workers, they will have to double their efforts to meet Millennials where they are
  • A 2015 report on Millennials from the U.S. Chamber of Commerce emphasized flex-time as one way to do this — it found that three out of four Millennials reported that work-life balance drives their career choice
  • Multiple studies have revealed that Millennials are keen to see their work as addressing larger societal concerns
  • ...4 more annotations...
  • the number one reason this cohort leaves a job is directly related to a boss. Other research has found that Millennials want communication from the boss more frequently than any other generation in the workforce.
  • Millennials are strongly drawn to the “anything is possible” spirit of entrepreneurship. Rather than chase these workers away, companies that embrace a risk-tolerant culture and promote learning and experimentation will benefit from the heightened energy around innovation
  • “[Millennials] expect to work in communities of mutual interest and passion – not structured hierarchies,”
  • Shifts in organizational design—including fewer management layers, matrix structures, shared services, and outsourcing
  • Maria Gurova on 03 Apr 16
     
    Key factors that influences Millennials' workplace choices and keep them loyal
Maria Gurova

Reinventing the company | The Economist - 2 views

www.economist.com/...capitalism-reinventing-company

Technology Social Economy Generation Conflict Future of Talent workforce New Establishment Hybrid Business Models Generation Y Shared Economy Organizational Structure Generation Gap

shared by Maria Gurova on 24 Oct 15 - No Cached
  • Across industries, disrupters are reinventing how the business works. Less obvious, and just as important, they are also reinventing what it is to be a company.
  • The rise of big financial institutions (that hold about 70% of the value of America’s stockmarkets) has further weakened the link between the people who nominally own companies and the companies themselves.
  • The number of companies listed on America’s stock exchanges has fallen by half since 1996, partly because of consolidation, but also because talented managers would sooner stay private.
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  • Astute investors like Jorge Paulo Lemann, of 3G Capital, specialise in buying public companies and running them like private ones, with lean staffing and a focus on the long term.
  • But the most interesting alternative to public companies is a new breed of high-potential startups
  • The central difference lies in ownership: whereas nobody is sure who owns public companies, startups go to great lengths to define who owns what.
  • New companies also exploit new technology, which enables them to go global without being big themselves.
  • They can incorporate online for a few hundred dollars, raise money from crowdsourcing sites such as Kickstarter, hire programmers from Upwork, rent computer-processing power from Amazon, find manufacturers on Alibaba, arrange payments systems at Square, and immediately set about conquering the world.
  • Maria Gurova on 24 Oct 15
     
    The hot and innovative private startups challenge the existing corporate structures used in the public companies. in order to attract and hold the young talent public companies must adapt new organization structures and people management approaches. can private business change the notion of what is a corporation or are they simply not influential enough?
Maria Gurova

What Happens When Millennials Run the Workplace? - The New York Times - 0 views

www.nytimes.com/...millennials-mic-workplace.html

Social HR trends Generation Conflict Millennials Workforce shifting organizational structure flexibility accessibility openness ME Brand self-branding

shared by Maria Gurova on 05 Apr 16 - No Cached
  • Maybe this is because I’m young, but, like, I don’t think that there is a lot about my personal life that I wouldn’t want to incorporate into what I’m doing professionally,”
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