Millennials at Work- Reshaping the Workplace Culture

Running head: INTEGRATED BUSINESS MANAGEMENT PROJECT
Integrated Business Management Project
Millennials at Work- Reshaping the Workplace Culture
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Table of Contents
1. Introduction to research topic......................................................................................................2
1.1 Problem statement.................................................................................................................2
1.2 Research questions.................................................................................................................3
2. Literature review..........................................................................................................................3
2.1 Performance of Millennials at workplace..............................................................................3
2.2 Changes brought by millennials at workplace.......................................................................3
2.3 Challenges and benefits are given by millennial at workplace..............................................4
3. Summarising relevant subject areas.............................................................................................5
4. Conclusion...................................................................................................................................6
Reference List..................................................................................................................................7

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1. Introduction to research topic
Millennials are also known as Generation Y and they are following Generation X.
Millennials are the young generation who reached their adulthood at the turn of 21st Century (De
Vaney 2015). Millennials are marked by the increased utilisation of communication
technologies, media and they are familiar with digital technologies. Post-war of Baby Boomers,
Millennials were brought up in a liberal way and they are civic-minded. In this study, the
working styles of Millennials are described with the theoretical approach with taking help of
secondary data sources. Regardless of the age of Millennials, the people are emotionally
committed to the workplace and they try to find the works that suit them.
1.1 Problem statement
Millennials in the workplace are young, smart, brash and they are savvy with
technologies and latest gadgets. Management in the workplace understand the generation gap
and they deploy the employees in such a way where bonding among the employees must be
good. There can be a cultural clash between baby boomers and Millennials as their process of
thinking and working style may not match. Millennials are the pioneer of technologies and open-
minded thinking, baby boomers and Gen-X think that Generation Y brings attitude at the
workplace (Smith and Nichols 2015). Millennials are goal oriented, they have expectations, they
do not afraid of workplace changes and they find creative challenges at the workplace.
Millennials' differ in the application of new age workplace culture of gig economy, work-life
balance, flat corporate culture and social consciousness (Pomarici and Vecchio 2014). In the
Australian workplace, 18% of the employees in the workplace are aged after 58 and this
projected to reduce by 11% by 2030 (Pwc.com 2018). Millennials mainly bring the workplace

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culture by bringing the technologies, social media at the workplace, immediate feedback culture
and doing knowledge-based jobs. They choose the career paths that are less predictable and more
dynamic.
1.2 Research questions
1. How are Millennials reshaping the workplace culture?
2. What changes are employed in the workplace by the Millennials?
3. What could be challenges and advantages brought by Millennials at the workplace?
2. Literature review
2.1 Performance of Millennials at workplace
Millennials are born after 1982 and their thinking process is different than baby boomers.
Managers in the workplace try to exploit the Millennials as they have positive outlook and
qualities that the managers seek. Within a workplace, team bonding can become weaker if the
poor management style is employed. Baby boomers, Gen-X and Millennials need to work
together with the cohort. As stated by Pinzaru (2016), the performance of the Millennials is
different from Gen-X and Baby Boomers as they are the top employees and organisation's most
effective assets. They can use technologies, they are fresh thoughts of the organisation, they
believe in work-life balance and they focus on social-entrepreneurship. The performance of the
Millennials is an important matter for the employers as they have been entering the workplace in
vast numbers and they will shape the workplace for many years to come. Millennials already
take 26% of the overall work and it will reach 50% of the global workforce (Deal et al. 2014).