Millennial leaders are a diverse and innovative group of individuals who are poised to make a significant impact on the world. As a generation, they have been shaped by unique experiences, including rapid technological advances, globalisation, and economic uncertainty. Here are some ways that millennial leaders are likely to change the world:
- Embracing diversity and inclusivity: Millennials are the most diverse generation in history and place a high value on inclusivity and diversity. Leaders are likely to champion the importance of diversity in the workplace and promote more equitable policies and practices.
- Prioritising social and environmental responsibility: Millennials are more likely than previous generations to prioritise social and environmental responsibility when making decisions. Leaders will likely prioritise sustainable practices, responsible governance, and ethical leadership.
- Embracing technology: Millennials have grown up with technology and are likely to leverage it in new and innovative ways to solve problems and drive change. They are likely to be early adopters of emerging technologies, such as artificial intelligence and blockchain, and to use these technologies to promote greater efficiency and transparency.
- Collaborating across sectors: Millennials are likely to be more collaborative and less hierarchical in their leadership style. They are likely to seek partnerships and collaborations across public, private, and non-profit sectors to achieve their goals and drive positive change.
- Empowering others: Millennials value empowerment and believe in the power of collective action. Leaders will likely prioritise empowering others, including employees, customers, and community members, to drive positive change and create more inclusive and equitable societies.
Overall, millennial leaders are likely to bring a fresh perspective to leadership and to prioritise social and environmental responsibility, collaboration, and inclusivity. These values are essential for building a more sustainable and equitable future, and millennial leaders are poised to play a critical role in shaping the world in the coming years.
Gen Z, the generation following Millennials, are coming of age in a world that has already been significantly shaped by Millennial values and innovations.
Here’s how Gen Z leaders may differ from their Millennial predecessors and continue to influence change:
- Digital Natives with a Twist: While Millennials grew up during the rise of the internet and social media, Gen Z leaders have never known a world without them. This hyper-connected reality means they are even more tech-savvy and reliant on digital solutions, potentially pushing the boundaries of technology even further in leadership roles.
- Heightened Value on Authenticity: Gen Z has been noted for valuing authenticity and transparency, even more so than Millennials. As leaders, they may place an even greater emphasis on genuine brand representation, corporate honesty, and transparent communication.
- More Pragmatic and Security-Oriented: Having observed the hardships faced by Millennials during economic uncertainties, Gen Z leaders might approach decision-making with a more pragmatic and cautious lens, valuing job security and financial stability alongside innovation and social impact.
- Advanced Adaptability: This generation has been marked by rapid change and global upheaval. Gen Z leaders may therefore be exceptionally adaptable and resilient, ready to pivot strategies and business models in response to global trends and challenges.
- Stronger Focus on Mental Health: Gen Z has been vocal about the importance of mental health. As leaders, they might prioritize mental health initiatives, work-life balance, and the overall well-being of their employees more systematically than their Millennial counterparts.
- Even Greater Emphasis on Inclusivity: While Millennials have championed diversity and inclusivity, Gen Z leaders may take this a step further by actively dismantling systemic barriers and promoting intersectionality within their approaches to diversity.
- Reevaluation of Traditional Education: Millennials value traditional higher education, but Gen Z might question its necessity and ROI even more, possibly leading to a shift in how educational qualifications are viewed in the professional realm.
- Action-Oriented Approach to Activism: Millennials are known for raising awareness about issues, but Gen Z could be more action-oriented in their activism, leveraging leadership positions to enact concrete changes regarding social and environmental issues.
Incorporating these attributes, Gen Z leaders are set to build upon the foundation laid by Millennials, possibly steering the world towards even more technologically integrated, socially conscious, and adaptable leadership paradigms.