Formulating Leadership Part I Your company’s Vice President of Human Resources has approached your team for assistance in recruiting and developing your organization’s future leaders. Approximately 60% of your company consists of millennials and your team has been charged with how to successfully increase the number of millennials as leaders in your organization. At this time, senior management is reluctant and uninformed as to how they should promote the millennials as leaders. This first step is to create a plan. Write a 550- to 700-word summary in which you: Examine the best practices that your team can cultivate to enhance the number of millennial leaders. Explain how you would present this information to senior managers in your organization. Cite a minimum of two references other than the text. Format your paper consistent with APA guidelines

 

Formulating Leadership

Student’s Name

Institution Affiliation

Course

Date of Submission

 

Enhancing Millennial Leadership

Enhancing the number of millennial leadership within the institution should become one of its priorities due to the adverse benefits it brings to the organization’s operations towards meeting its set goals and objectives. Lack of enough employees within the organization is not just a challenge to the business, but also to the board of management as this is capable of hindering production processes. As part of the study conducted, by the coming year 2030, it is approximated that only 20 percent of the labor pool will comprise of age groups other than millennial. It is therefore essential that there should include a formulation of an appropriate plan that will highlight the best practices for leadership growth among this age group with a full understanding of the differences with millennial.

Therefore, there are some best practices that when regularly practiced will lead to an increased number of millennial leaders. The first step is through coming up with regular meetings as this will create an opportunity for interacting with the workers through answering their questions, providing feedbacks to pressing issues and encouraging them to grow. These meetings should not only take place in a conference room table but can also be done through the use of modern technology such as the use of Skype or even group chats (Myers & Sadaghiani, 2010). These regular meetings are essential as the management will be meeting with their group leaders and coming up with appropriate expectations. It is necessary to create a condition where the team members are free to ask questions while giving them the required support as millennial workers are likely to be loyal when they feel connected with the institution and its operations.

According to Myers, K. K., & Sadaghiani, K. (2010), millennial employees should be subjected to both internal and external leadership training and programs as these opportunities are a right tool of encouraging workers to grow and earn their loyalty. A well-structured leadership program will strategically provide a direct link to an employee’s next phase of the business and their regular duties. Employees being mentored will find confidence in operating with a knowledgeable, willing participant, giving them the needed sense of leadership. This kind of program often inspires future leaders in putting their best initiatives as they will new fresh ideas and techniques presented by an outside trainer.

Presenting the Information

 

References

Myers, K. K., & Sadaghiani, K. (2010). Millennials in the workplace: A communication perspective on millennials’ organizational relationships and performance. Journal of Business and Psychology, 25(2), 225-238.