Are you hesitant to put Millennials in managerial roles because of their youth and lack of experience? This hesitancy is certainly understandable. As an experienced professional manager, you’re well aware that years in the industry provide insights that no newcomer can automatically acquire. However, it turns out that your company can still benefit from the unique skills younger staff members can bring to leadership roles. Here are three reasons you should look for Millennials with characteristics of a good leader and give them a chance to shine.
Millennials are big on transparency
Younger managers can command loyalty from their direct reports by creating an atmosphere of transparency throughout the work environment. This openness extends from compensation to strategy and company process. With this outlook, Millennial managers will expect productivity to rely on the shared efforts of the group. When problems arise, they can sidestep resentment of their authority, drawing on the collective mind for solutions.
Millennials seek networks, not hierarchy
Training Magazine points out that young adults grew up in a networked social media environment, where they’re related to a web of connections rather than a chain of command. Freed from a preoccupation with preserving authority, they can easily solicit and accept feedback. This willingness to put mutual goals ahead of personal aggrandizement can foster an open exchange of ideas, increasing company-wide trust and leading to valuable innovation.
Millennials give more frequent feedback
Millennials don’t measure productivity in terms of hours at a desk, and they’re not usually fans of formal, scheduled performance reviews. Instead, they’ll use their emotional intelligence to stay connected with their staff, rewarding effort and productivity with frequent, informal expressions of appreciation.
Fast Company reports that Millennials are ready and eager to lead: 82 percent of workers in this age group express an interest in managing, compared with only 57 percent of employees of other ages. Chief Executive Magazine advises that up-and-coming young leaders can be groomed by whetting their curiosity and exposing them to new ideas, then personalizing their contribution and activating their inherent desire to do good in the world.
When you give your most talented young leaders a chance to step forward, and balance their innovative style with the insights of more experienced staff, you’re taking steps toward establishing a robust basis for transitioning your company well into the coming decades.