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Formulating Leadership

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Formulating Leadership Part II Learning Team B LDR/300 November 20, 2017 Dr. Arrington Cultivating Millennials As Leaders Leadership development remains a key area of focus among successful organizations of all sizes in this time of constant change. • Millennials have a different set of expectations from their employers and are aggressive with their career development. • Engage millennials and provide them with experiences as well as retaining them within your organization. A company’s ability to attract and retain millennials as well as the investment they make in developing them will either make or break the company. • Employers can address the leadership ambitions of millennials not just by expanding or enhancing their internal leadership programs, but making different career paths available. Providing specialist tracks, opening up avenues beyond regular full-time positions to ensure employees can rotate between departments and job roles. • Millennials have more self-esteem while also having more anxiety and a higher need for recognition. • It is important to note that there is no single approach to developing these leaders of tomorrow. Each organization must consider its business objectives, understand talent preferences and consider using their career objectives to create the right fit. Preparing Future Leaders • As older leaders retire, new leaders must be created to fill their shoes therefore it is vital for practices to be developed to pass on skills ...
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