Millennials are looking for different things in a working environment than their parents. The crucial elements millennials care about are purpose, communication, work / life balance and technology.
This generation has seen their parents go through the 2008 crash, which has changed their perspective on what work should look like. They aren’t willing to give up their entire life for their work. We also need to understand that as digital natives they grew up in an era of rapidly changing technologies and quick connectivity, so they expect their worklife to mirror this. These shifts call for some managers to become inspirational, visionary leaders. This requires companies to identify their inspirational leaders vs their operational leaders. Operational leaders serve to focus on the processes and maintaining structure while inspirational leaders serve as the point of contact and development leader to millennial workers. This approach can benefit all generations of workers.