Formulating Leadership I: Millennial Workforce Leadership Strategies

This report examines the critical role of leadership in engaging and developing the millennial workforce. It emphasizes the potential of millennials and the need for organizations to cultivate them as effective leaders. The report discusses the objectives of millennial leader cultivation, highlighting the importance of technology expertise, strong career progression, a solid educational base, and innovation. It outlines methods to achieve these objectives, such as challenging skills, building communication networks, and providing regular feedback. The report also explores the impact of millennial leaders on organizational functioning and evaluates their cultivation through transformational leadership, which motivates and inspires employees to drive innovation and change. The report concludes with a discussion of transformational leadership styles and their effectiveness in cultivating millennial leaders.

LEADERSHIP INNOVATION
Reference to Millennial Workforce
Student Details

INTRODUCTION
 Leadership is the process of leading the people
with the aim of accomplishing common goal as
well as the individual goals.
 Millennial are the individuals which reached in
their adulthood in starting phase of 21st century.
It is important to lead them in such a way that
they can be cultivated as effective leaders
(Maier, Tavanti, Bombard, & Gentile 2015).
 This is important, as millennial are considered to
have lots of potential as well as skills in them to
bring efficiency in the organization.

CULTIVATION OF MILLENNIAL AS
LEADERS
 Millennial are considered to be efficient
employees, which have the potential to
provide competitive advantage to the
organization they are working.
 It makes the cultivation of millennial
necessary for the betterment of the
organization in the long run.

VIDEO ABOUT MILLENNIAL
LEADERSHIP

OBJECTIVES OF MILLENNIAL LEADER
CULTIVATION
It is important for organizations now days to bring millennial in their
managerial functions as they posses various characters that in
together can help the organization in achieving competitive
advantage over others.

There are some objectives of cultivation of millennial
leaders, which are as follows:
 Technology Experts
 Strong Career Progression
 Strong Educational Base
 Highly Socialized
 Creative and Innovative

The objectives specified earlier in terms of cultivation of millennial as effective
leaders can be achieved with the help of some practices that a organization
can undertake (Maier, Tavanti, Bombard, & Gentile 2015).
In order to achieve specified objectives of cultivation of millennial leaders, the
organization need to take following measures:
Challenge skills of Millennial
Build Good Communication Networks
Offer Feedbacks on Regular Intervals
METHODS OF ACHIEVING MILLENNIAL
LEADERS’ CULTIVATION OBJECTIVES

SUCCESS MEASUREMENT OF
MILLENNIAL LEADERS
 Millennial word some time misinterpreted by
individuals as the group of lazy entitled kids,
however prepared for professional working
environment.
 Some believed that they are the young adults
of 21st century and enjoying the benefits they
got to be born in such phase.
 Irrespective of the myths, the millennial is the
group that have the advanced potential to
work effectively for the organization then the
older employees.
 They are the one, which benefit the
organization in many ways.

The ways in which millennial leaders can affect
the functioning of an organization are listed
bellow:
Advanced Technology Centric
Reduction of Involved Cost
Innovative Functioning
Fresh Perspective

EVALUATION OF MILLENNIAL LEADER
CULTIVATION THROUGH TRANSFORMATIONAL
LEADERSHIP
 The large group of highly optimistic and advanced
individuals, which are young adults are known as
millennial. Their cultivation as top leaders is very
important in today's world.
 Cultivation of millennial leaders can also be done
with the help of a major leadership style that is
Transformational Leadership.

MILLENNIAL LEADERSHIP THROUGH
TRANSFORMATIONAL LEADERSHIP
STYLE
 In Transformational
leadership style the
employees are
motivated, encouraged
and inspired by the
leaders or managers in
order to bring
innovation, change,
growth in the activities
of the company.
 Transformational
Leadership style can
helps in cultivation of
millennial as effective
leaders.

BIBLIOGRAPHY
CNB News. (2015). Millennial Leadership Changing the Management
Game. Retrieved July 31, 2019, from You Tube:
https://www.youtube.com/watch?v=iNhIjt0MHRI
Maier, T., Tavanti, M., Bombard, P., & Gentile, M. (2015). Millennial
generation perceptions of value-centered leadership principles. Journal
of Human Resources in Hospitality & Tourism , 14 (4), 382-397.