The business world is changing on an international level. Each new generation causes a tremendous shift in the way industries operate, and millennials are having the same effect. But one New Jersey man says this change is for the better. That man is Jim Kirkos, CEO of Meadowlands Regional Chamber. To discuss his findings about the impact millennials have on business, Kirkos went One-on-One with Steve Adubato.
The Pew Research Center specifies that millennials are the generation of people born between the years 1981 and 1996. As of 2018, that puts millennials between the ages of 22 and 37. Though “millennial” is the colloquial term for people within this age group, Kirkos has another name for them; he prefers to call them “emerging leaders.”
How Millennials are Changing The Way Businesses Operate
In addition to speaking about millennials in the workforce, Kirkos further spoke about a reverse mentoring program; specifically, one that allows current industry professionals and emerging leaders to collaborate.
Kirkos knows there’s a misconception that the overwhelming majority of millennials are lazy and don’t want to work. However, while some out there help support this stereotype, most are ready and eager to work and learn.
“I think that the word ‘experience’ is really what [millennials are] looking for,” says Kirkos. “And they’re hungry for that type of information and that knowledge.”
Kirkos notes that while many millennials prefer flexible hours, most often go above and beyond in terms of work ethic. Particularly, he says they’re not afraid to work or to “put in that energy,” which is important; because this dynamic work ethic is changing the way businesses operate. As companies look to hire younger generations of employees , they must adapt in order to attract willing employees. According to Kirkos, doing so can pave the pathway for success.
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- Hero (Top) Feature Image: © One-on-One with Steve Adubato / Caucus Educational Corporation