The Millennial Generation, born from the early 1980s to the early 2000s, is getting ready to move up in the U S economy. Mind you, they were already a force but 2015 and beyond is ushering them into the high corridors of business.
Unlike my Baby Boomer Generation, which went from typewriters and landline telephones through word processors and cellphones and finally to 7-nanometer technology and smartphones, the Millennial Generation was the “Digital First” Generation. Millennials were born digital and use digital technology more than does any other generation.
Now at least some of the Millennials are hitting their 30s and it’s time for many of them to move up in the business world. They are well-suited for the modern business climate. Their technological savvy is, of course, a huge asset. But their generation’s other characteristics bode well for their inclusion in corporate management.
Business, particularly due to its global aspects, requires new and different skills than those associated with earlier generations. According to business experts, new leaders must be facile citizens of the world in many aspects. They must be at ease with multiple new and ever-developing technologies, diverse and sophisticated in their approach to international stakeholders, laws and cultural aspects.
The Millennial Generation is also noted for its sense of purpose and values, ability to easily work on multi-disciplinary teams, social skills, and demands that the businesses in which they engage reflect their values.
I have seen these characteristics in Millennial Generation members of my own family. Their multiple national citizenships, bi-lingual and tri-lingual facility and effortless high-tech multi-tasking is breathtaking to behold. In some respects, they seem like an advanced type of being.
While this is an impressive array of skills and characteristics, it also places special demands on US business. The business world itself must strive to keep pace with this multi-faceted, sharp and demanding generation of emerging leaders.
Note from HandelontheLaw.com: This article is to be used as an educational guide only and should not be interpreted as a legal consultation. Readers of this article are advised to seek an attorney if a legal consultation is needed. Laws may vary by state and are subject to change, thus the accuracy of this information can not be guaranteed. Readers act on this information solely at their own risk. Neither the author, handelonthelaw.com, or any of its affiliates shall have any liability stemming from this article.