As of next year, 2020, Millennials will represent almost half of our workforce and an equal number of leadership positions in companies both large and small. Have you been taking the time to develop these leaders? Have you been looking around your team to identify who stands out as your next leaders?
Here are four ways to develop Millennial leaders and keep them engaged.
1. Set up regular meetings - Give your future leaders goals, answer their questions, provide feedback, and encourage growth. While it would be ideal for meeting to happen in person, they don’t have to. Meetings can take place electronically, over video chat, or by telephone. The point is to be checking in and showing interest in the development of your leaders. Set expectations accordingly and create an environment that allows your team to ask questions while giving them needed support. Millennials are more likely to express loyalty when they feel connected and heard.
2. Delegate responsibility - While this may be difficult for some, it is vital that you delegate responsibility. Give your new team leads the opportunity to show what they can do for you and the company. Delegating work will also free up your time to focus on the bigger picture of your team’s goals. Delegating also allows you to provide important feedback, both positive and constructive criticism about their leadership abilities.
3. Provide them with internal/external leadership training - Internal mentorship programs are a great way to encourage employee growth and loyalty. These leadership training programs provide structure and the steps to take to rise within the company. Alternatively, external training programs can offer a fresh perspective to your teams. This kind of program often inspires future leaders to do better by learning new ideas or techniques presented by an outside trainer.
4. Engage them on social media - Acknowledging your employees’ accomplishments via social media is a powerful way to spotlight members of your team. Millennial employees have grown up utilizing social media to document their lives and connect with their peers. Connecting with them on social platforms is a great way to keep your future leaders engaged with your company. Showing how much you appreciate them can lead to your employees feeling more inspired, empowered, and proud to be a part of your company.
Millennials want to feel as though their work matters and is making a difference in the company. The more you can provide a clear path to success and incorporate a strong message of connection and gratitude into your company culture, the more likely you are of cultivating loyal leaders that are excited about the future and empowered to be their best today.