« Dress For Success | Main | Three Questions Found in Interviews »

Mar14
You're Not the Boss of Me... Or Anyone Else

It's interesting to see how the work world is continuing to evolve.  College Recruiter points out two interesting book-ends that are accelerating this change:

  • Baby Boomers are retiring in droves
  • Generation Y is choosing entrepreneurship over corporate citizenship.

That means more and more companies will have to find ways to attract and deal with this rapidly changing landscape of business life.  If you're not thinking seriously about Talent Management, it's, seriously, about time.

I like how Rothberg says it

Employers need also take note: the desire by Gen Y to be entrepreneurs does not mean that those candidates are lost to you. To the contrary. If you understand and embrace that need, you may use that as a competitive advantage. Create intrapreneurship opportunities. That is, create opportunities within the structure of your organization that will allow those with entrepreneurial skills and aspirations to leverage those talents while also providing them with the resources and support system that so many small businesses lack. Rather than forcing employees to climb the corporate ladder, instead create project-based units. Move employees from project-to-project. These quasi start-up organizations will appeal to this generation, many of whom see themselves more as entrepreneurs than corporate cogs and most of which see themselves more as free agents than lifers for any particular organization.


5 Comments/Trackbacks




This is really cool forward thinking. Now, give them a percentage interest in their success (let's not forget that money is the key measure of success - yes, it is!) and you just might have a winning formula. But can corporate America give up the goods like this?

Hmmm...it'll be interesting to see...I'd bet NOT. Look at all the hellabaloo over Michael Homula's idea to tie recruiter pay to performance...what'll we have next...free agents?

;)

I live and work in Boston so I have a lot of respect for the energy and insight that people in their early 20s can bring to the workplace. But my experience is that none but a very, very few are really ready for independent responsibility in a professional environment until they've been on the street for 3-5 years. It's kind of like what Mark Twain said about leaving home at 16 and returning at 21 and being amazed by how much wiser his parents had become in just five years.

While I agree with Maureen that money is an essential measure I do not think it's the best strategy for employers to take with early twentysomethings. The most valuable thing for these kids is professional development especially in the soft and mushy skills of how to deal with clients and coworkers, conflict resolution, and personal accountability. Part of workforce development is setting realistic expectations when people *aren't* ready for a bigger opportunity.

Colin, I wonder how my career would have shaped up if, in my 20s, my employers put me on an aggressive 'personal development' track as part of my career development. Even something as simple as a mentor in the company--someone possibly unrelated to my 'day-to-day' life, but was willing to help me set and achieve goals... that would have prevented some of the literal burnout (and then personal fallout) that I faced as a bright, unemployed 25 year-old as the bubble burst.

I learned my lessons thanks to the school of hard knocks. Would I trade them? Never... but I wonder how many people were spun out onto the street like I was when the economy crashed last time, who are, unfortunately, stiull paying that tough tuition called 'life'.

Hmmm...imagine this. Someone works hard and produces a result that generates revenue for a company and they get paid a fee/commission that is directly proportional the amount of effort exerted and the amount of revenue/production that comes out at the end. That pretty much sounds like capitalism to me.

Recruiter puts out effort, hires a talented high performer who generates revenue for a company. Recruiter should get paid, in direct proportion, to the results of the person they hired. Call me crazy. Oops, some have already beat you to it.

Gen Y is as entrepreneurial as they come and will not put up with static base pays that don't grow or improve based on what they produce. If ever, in the history of corporate America, there was a generation more poised to accept and get rewarded by performance based pay/commissions it is Gen Y. Will corporate America, and in my industry recruiting, be able to create the right situation for them to truly reach their full potential? I am skeptical!

Incredible thoughts, Michael. I don't know that corporate America can react that fast. But it's amazing how many new industries are being created, like mushrooms popping up overnight where a tree has fallen.

Companies do a great job of holding assets inside themselves. But these forces at work seem to be pulling assets apart and forcing companies to do business not on mass-media scales, but in one-to-one, private interactions, multiplied and duplicated a billion times over.

You can no longer air a commercial--you must also provide a feedback channel via the Internet or mobile phone to allow people who like your product or promotion to 'sneeze' it forward (ala viral marketing)

So it goes with Gen Y and the careers they choose: 'Give me something to get passionate about' they seem to be yelling...

...and they will be heard.

submit a trackback

TrackBack URL for this entry:

post a comment

Name, Email Address, and URL are not required fields.





Comment Preview

« Dress For Success | Main | Three Questions Found in Interviews »

Advertise

sponsored ads



Incredible Hall of Acclaim.

subscribe


Prefer Email?
Subscribe below-

Enter your Email:


Powered by FeedBlitz What's this?

Current News

Support This Blog

I'm a C-list Blogebrity

business social media

Use these fast growing business social media sites to promote your business, feature your products, spotlight your business leaders, create links, and drive traffic back to your company site, all for free!

BIZZlogos - Add your logo - free link to your site
BIZZphotos - Add photos of your products and people
BIZZprofiles - Submit your profile and build your online visibility
BIZZspotlight - Spotlight your business with free links
BIZZvideos - Videos about businesses, products and business people.
BIZZbites - "Digg" for Business - Submit your articles and posts

know more media network

View Network Map

Network Feed List (OPML)

Know More Media Network
Feed


we support unitus

PRWeb

Influencer



GoodRecruits is a member of the Know More Media network of business related blogs.

Here are some current headlines from some of our business publications:

ProductivityGoal

CallCenterScript

AdHurl

TheBizofKnowledge

LandingTheDeal

CustomersAreAlways

HealthCareVox

WebMetricsGuru

TheInsurancePolicy

MarketingBlurb