Attracting the Next Generation of Leaders
In a few weeks, another class of eager (and relieved) college students will step out from the world of academia and into the world of business. And if I were you, I’d be doing everything possible to attract these young and innovative minds to your organizations. Why? These students will be the future leaders of your company, and the sooner you begin to develop their skills, familiarize them with your brand and culture, and give them a reason to want to stay, the better. Millennials, who will account for 75 percent of the global workforce by 2025, seek organizations that lead the way with innovation and social responsibility.
What are successful organizations doing to attract, retain, and engage millennials? Consider these HR Tech World disruptHR finalists: Cabanna provides “a social platform for employee engagement”; Impraise “brings a mobile, social and real-time solution for continuous feedback”; and Praditus “focuses on creating more fulfilling careers and highly engaged workplaces.” It’s these efforts – engagement, real-time feedback, and careers – that will help you attract young leaders.
As we continue to experience a seismic shift in the workplace, HR leaders will be charged with:
- Working closely with marketing executives, to align branding and marketing with talent management efforts.
- Innovating new structural arrangements that are focused more on mentorship and development than on hierarchy.
- Refocusing leadership development initiatives on creating globally aware, tech savvy, forward-thinking teams.
- Employing a more fluid approach to talent acquisition and management that emphasizes collaboration, cross-functionality, real-time feedback, and innovation.
The face of leadership is changing. Developing new leaders and attracting millennial talent are high on talent management agendas, but the same old approaches simply will not work anymore. HR executives will need to be at their most nimble and creative, to attract and retain the talent needed. It is certainly an exciting time to be working in the area of leadership development.
As the CEO & Founder of East Tenth Group, Michelle leverages 25 years of business and experience as a strategic advisor and executive coach to help drive actionable people solutions and provide practical insights on business strategy to senior leaders. she and her team and are fiercely committed to the development and growth of people and companies because we believe that when people thrive, business thrives.