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challenging as Millennials can be to manage – managers cannot shrink from embracing them and their attitudes. After all, as he points out, they and the generation following on from them will account for more than half the workforce within 10 years.

Among the Millennials’ attributes are a willingness to collaborate, a tendency to do extensive research before making a decision and an eagerness to network.

The research by Accenture referred to above mentions the need for organizations to adapt to the increasing numbers of women in management positions.

businesses need to ensure they are adapting their strategies to recruit, reward and retain these talented and valued leaders.” Then there is the matter of businesses becoming genuinely ethnically diverse

And if they don’t want to work with you because you’re ‘too old,’ perhaps you don’t want to work with them either,” she said.

Millennials are living longer and are the best-educated generation in history.

This is how things get interesting for the RealiSM project: the prototype works as an integrated video recording, editing, and playback system – all working hand in hand to generate what they call reality substitution. A custom-built camera rig, consisting of 18 high-definition cameras which are pointed in all directions, seamlessly shoots a 360-degree spherical imagery that is stitched together in all three dimensions of space. These 18 high-def cameras are paired with 4 omnidirectional microphones, able to pick up sound from all directions relative to the prototype. The 3D spherical video capture is then processed and is rendered by a custom-built HMD that also features a front camera to orient the user’s presence in both the virtual and outside environments.

Aside from the usage focus of the prototype in the medical field, it is also seen as a potential tool for bringing immersive, real-time teleconferencing – bridging the gap caused by time zone issues between the two ends of the communication medium; and also to enhance entertainment experiences – particularly in games – by introducing extremely immersive and true-to-life visuals and audio experiences.

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.

Stae is starting with a compliance and payment platform for the sharing economy. Stae wants to create an API that would let Airbnb seamlessly pay (for example) $.75 to the city for a one night stay

Boston is the first partner city to test the platform.

Art now comes in the form of neon signs or graffiti. Some of the most successful artists in the stratosphere have made their very considerable fortunes by churning out pieces based on Disney cartoons.

We have adults playing in ball pens, colouring in their colouring books, never able to settle down with each other because that’s something adults do.

Millennials, it seems, have discovered that the need to socialize face-to-face is waning, as food, shopping, friends, entertainment and even sex are all an app tap away.

The study also found that millennials spend about 3.1 hours a day on their mobile devices, compared with Generation X’s 1.7 hours.

You know, the whole ‘Netflix and chill,’ whatever you think about it . . . it’s kind of a trend,” he says.

They’re not consuming alcohol, but they’re consuming a lot of media — and it’s depressing them,

"We believe entertainment needs to continue to evolve with a more immersive experience,"

Movie screens will continue to morph into ever-wider configurations

That footage will be shown in a special 360-degree OmniCam theater installation planned for the FIFA World Football Museum in Zurich. Meanwhile, startup Jaunt is developing a 360-degree camera for use in virtual reality

High-tech interactivity also may play a role in the next generation of theaters.

They would include a theater where a 3D movie is projected onto a 360-degree dome-shaped screen and real-time facial replacement would be used to project audience members into the action

"You'd have a wristband that identifies who you are, and if you elect to, your body and face can be scanned, allowing the attractions to include you in them and allow you to interact with them

The invention of 3D printing, in which every home or office will be equipped with an in-house printer that can spew out the goods we want – from shoes to pills – anticipates a world of what Summers calls automated "doers". They will do everything for us, eliminating the need for much work.

we have come to the end of the great "general purpose technologies" (technologies that transform an entire economy, such as the steam engine, electricity, the car and so on) that changed the world. There are no new transformative technologies to carry us forward, while the old activities are being robotised and automated.

The second is in human wellbeing. There will be vast growth in advising, coaching, caring, mentoring, doctoring, nursing, teaching and generally enhancing capabilities.

Notwithstanding robotisation and automation, I identify four broad areas in which there will be vast job opportunities.The first is in micro-production

The third is in addressing the globe's "wicked issues" . There will be new forms of nutrition and carbon-efficient energy, along with economising with water, to meet the demands of a world population of 9 billion in 2050.

And fourthly, digital and big data management will foster whole new industries

the truth is, nobody knows. What we do know is that two-thirds of what we consume today was not invented 25 years ago. It will be the same again in a generation's time

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

Harford argues that much can be done to make public space safe for children. “I would like to see pedestrian-friendly crossings more frequently on streets. I would like to see the streets be more kid-oriented with wider sidewalks, as well as a more coherent attitude amongst people on the street to be watching out for kids.”

in “real life, only from the ordinary adults of the city sidewalks do children learn – if they learn it at all – the first fundamental of successful city life: People must take a modicum of public responsibility for each other even if they have no ties to each other.

Ronda Howard, a Vancouver senior city planner, notes that when there are greater incentives for people to walk in their neighbourhoods, there are more eyes on the street: thus the streets become safer.

Despite the challenges facing parents raising children in the city, different social networks can augment child involvement in public space. Harford says that strong social ties help increase her son’s autonomy in Vancouver

When we actively engage with others who are different from us, we have the opportunity to become more sophisticated and tolerant citizens. When we get to know the diverse members of our communities, we create social networks that make our cities safer and more enjoyable. Public spaces are integral to making this happen. These spaces are an antidote to the inward gaze of individualism. We need to reclaim public space and work to expand its boundaries. It’s time for us to leave the house of the self in the background, and go outside