The corporate world is constantly evolving, with policies and approaches changing according to the needs of the times, and this has become more evident in the last two decades than ever before. The professionals who were responsible for being in leadership positions in the past are slowly beginning to retire, move on to other things, or simply unable to have better results now than they did before. IT is all indicative of a much larger shift in the business world- with technology slowly seeping into all core aspects of the business landscape. This has never been more evident than with the current composition of the global workforce, consisting primarily of those individuals who are classified as millennials. Comprising the international markets as a majority, it is only natural to expect them to be at the helm of major corporate endeavors in the future, and to better understand them and their potential, we must understand what makes them different and how this might impact organizations in the coming years.

Keep that fact in mind, there must be some fundamental realignments to the way businesses will approach their operational functions and organizational priorities. This is due to different needs arising and altering the perceptions and, by extension, the meaning of success. Millennials do not constrain the definition of success to financial well — being, rather they seem to have a tendency to favor growth and development, alongside holistic approaches to organizational well-being. This is a good place to lead with, as millennials are the ones who are poised to take up key leadership positions in the coming decade, whether it is as a team leader, department head or even upper management positions like director, Vice President, CEO, CFO, etc.

Here are some expectations from millennial workplace leaders, based on our analysis of their core traits and characteristics-

1. Millennial leaders are conscious and proactive leaders. Holistic awareness is the name of the game, and this reflects in the priorities they give to the self, their work and their community.

2. Millennials tend to plan for the future and not just present needs, giving them both foresight and understanding.

3. Millennials embrace complete and immediate transparency at the workplace to bypass communication mishaps.

4. Millennial leaders are collaborative, and as such, they are much more efficient at their problem solving capabilities, making them ideal for a fast-paced work environment

5. Millennials lead with “innovation and change”, and allow technology to serve as a facilitator rather than a tool for success. They understand the need for integration and alignment.

6. About half of millennials define leadership as “empowering others to succeed”, indicating a sense of belonging to their peers and junior team members.

We’re here to give to the full picture with our in-depth analysis of the sustainable approach to leadership that millennials are looking to adopt for the future. Our whitepaper seeks to enable a clearer understanding of the situation, through graphical representation and statistical clarity. Our aim is to allow others to understand what is changing and recognize the alignments required to have a satisfying experience at the workplace.

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