Millennial Management Style in today's generation Essay

Millennial Management Style in today's generation - Essay Example Growing companies need this millennial generation who have innovative ideas that can help them improve performance. Deciding new millennial management style is extremely crucial for maximizing generation-Y potential in the companies. Therefore, the growing companies can win the generation game because with the millennial management style they can lead their managers and employees to help them perform better in the business world. Millennial management style is different from the conventional management style that is adopted by generation-X. The purpose of millennial management style is to satisfy generation-Y expectation in working force so that the millennial generation can perform at their best. This implementation positively impacts the future of growing company because of the rising number of generation-Y workers. The millennial generation expects active, involved leadership, income, personal enrichment, teamwork, and most importantly flexibility. Therefore, the growing companies must focus on following aspects to integrate the new millennial management style: Millennial management style applies flat management structure or teamwork based roles. The old tradition of a companys hierarchy structure doesnt work effectively in millennial management as in Generation-X Company. In millennial management, everyone has the same right to express his or her aspiration and his or her need for high interaction with his or her team. Set clear expectation with relationship-style focus appeals to millennial employees. When the company assigns a job or project to millennial employees, they should address the expectation with clear guidelines, priority, and intention that the millennial needs to follow. A clear expectation is very useful in millennial management system; this is because a companys management can set up a deadline that the millennial employees will fulfill when they submit the project. Autocracy leadership style doesnt work effectively in