Millennials Impact on the Workplace

15 Jan

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I came across an interesting article about how millennials are changing the work environment by Tom Davenport the President’s Chair in Information Technology and Management at Babson College, where he also leads the Process Management and Working Knowledge Research Centers. His article can be found here about his opinion regarding millennials and the workplace.

After reading his 2 cents I became curious thinking about this subject. Reviewing the kinds of jobs that people my age have these days and the type of multi million dollar companies millennials are creating every days gives this argument a lot of validity.

Do the stringent dress codes and 9-5 work hours really matter? Most people I know do not have a dress code or 9-5 but with that being said they are usually working much more than 8 hours a day.  So what matters most in the workplace to the employer? I would think that productivity and performance would be at the top and if these can be accomplished if your employees are wearing converse and rolling in at 10am then do those things really matter?

Keeping the employees content and making sure they are enjoying their job and environment has a direct affect on productivity and therefore increase it tenfold.

Obviously if you choose to work for a young employer at a dot com versus a prestigious law firm there are definitely going to be differences in the way things are run, so ultimately this too influences the environment and the amount of impact that millennials can have on their workplace.

What are your thoughts on this topic? Do you think we have the power to completely revamp the way the working world runs business?

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2 Responses to “Millennials Impact on the Workplace”

  1. Verity January 16, 2009 at 6:25 am #

    The young entering workforce will undoubtedly change the face of business. The entire culture is changing to revolve around our need for instant gratification and our lax approach to old-fashioned rules. It’s not going to take our generation getting older before the workplace adapts because it’s such an exciting and different approach to life that the older generation is going to want to join in. Besides that, employee engagement is a strong concern of many companies and by adapting to the ideas of the millenials , companies can keep engagement up and productivity up since our preferences of clothing and work schedules don’t negatively impact the success of the business.

  2. Scott Lansing January 18, 2009 at 4:13 pm #

    Definitely think Millennials have something to bring to established businesses, as well as the ability to establish themselves within a market. We grew up with the Internet, and whether we work for dot coms or not, it’s a major asset that we for business and personal reasons. I also think Millennial politics and capitalism are evolving as the economic climate worsens.

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