Gen Z, a generation raised on tech, devices, social media, and a rapidly evolving job market, is at a crossroads. The traditional college pathway—once considered a near-necessity for success—is being scrutinized like never before. On one side, there’s a growing wave of disillusionment with accumulating debt for a degree that might not guarantee employment. Conversely, innovative colleges are reimagining education to offer real-world skills and unparalleled value. The question is: Is it time for Gen Z to ditch college altogether, or can they find a new breed of institution that prepares them for a future defined by rapid change and opportunity?

The Ditch College Movement: Reevaluating Traditional Paths

In recent years, a notable trend has emerged among Gen Z—many are questioning the return on investment for a college degree. With skyrocketing tuition fees and a competitive job market, the idea of entering the workforce without the burden of student debt is incredibly appealing.

Several factors contribute to this shift:

  1. Exploding Tuition Costs: With student debt in the U.S. topping $1.7 trillion, many young people are reevaluating whether a degree is worth the financial strain.
  2. Alternative Learning Platforms: The rise of online courses, boot camps, and vocational training offers high-demand skills without the hefty price tag of a four-year college.
  3. Real-World Experience: Internships, apprenticeships, and entrepreneurial ventures provide hands-on experience and networking opportunities that some argue are more valuable than classroom learning.

The allure of bypassing traditional education is strong. As startups, freelancing, and gig economy jobs proliferate, the pressure to conform to old standards diminishes. For some, the traditional degree seems like a relic of the past, unable to keep pace with modern career demands.

The New Wave of Colleges: Reinventing the Educational Experience

Yet, amidst this growing skepticism, a new wave of colleges is emerging—one that blend traditional learning with innovative, practical approaches designed to meet the needs of today’s students and the future of work. These institutions are not just surviving; they are thriving by redefining what it means to offer value.

Key features of these forward-thinking colleges include:

  1. Curriculum Integration: Schools like Northeastern University incorporate real-world projects, global experiences, and internships into their core curriculum, ensuring students gain practical skills alongside academic knowledge.
  2. Industry Partnerships: Colleges like Purdue University are partnering with companies to create programs that align closely with industry needs, offering students a direct path to employment.
  3. Skill-Based Learning: Institutions like General Assembly and Holberton School focus on high-demand coding and digital marketing skills, equipping students with immediately applicable expertise.

The Critical Need for Soft Skills and Building a Holistic Educational Experience

Beyond technical skills and job-specific training, there is an emerging recognition of the importance of soft skills and that Gen Z has not learned them. For Gen Z, the first generation of mobile smartphone users, relationship skills tend to be lacking. Navigating a world of rapid change and complex interpersonal dynamics is challenging enough without a strong command of these critical skills. For Gen Z, their lack of soft skills tends to be their employer’s biggest complaint.

What are these soft skills, and how do you cultivate them both as an individual and as an employer when bringing on new hires?

Soft Skills for Success:

  1. Communication: Effective communication remains a cornerstone of professional and personal success. Courses and programs focusing on public speaking, writing, and interpersonal communication are essential for articulating ideas, leading teams, and building relationships.
  2. Emotional Intelligence: Understanding and managing one’s own emotions, as well as empathizing with others, is vital in the workplace. Training in emotional intelligence can improve leadership, teamwork, and conflict resolution.
  3. Relationship Building: Networking and forming meaningful connections can open doors and create opportunities that technical skills alone may not. Programs emphasizing relationship-building, mentorship, and networking are critical for long-term success.
  4. Entrepreneurial Skills: The ability to think creatively, take initiative, and innovate is invaluable. Education that fosters entrepreneurial thinking can help empower students to start their own ventures, drive change, and adapt to evolving market needs.

These soft skills not only complement technical expertise but are often the differentiators in career advancement and personal fulfillment. Programs and institutions that integrate these skills into their curriculum are helping students prepare for success in the workplace.

Finding the Balance: Making the Right Choice

For Gen Z, the decision to embrace or bypass college isn’t black and white. It requires a nuanced evaluation of personal goals, career aspirations, and financial realities. Here are some considerations to help you make an intentional and informed choice:

  1. Evaluate ROI: Research the return on investment for your specific educational path, considering not just tuition costs but real skills you will learn and how they will leverage potential earnings and job prospects.
  2. Explore Alternatives: Consider nontraditional education options such as trade schools, online courses, and certification programs to see if they better align with your career goals.
  3. Consider Hybrid Models: Institutions offering a blend of traditional and practical learning might provide the best of both worlds, offering academic depth while preparing students for real-world challenges.
  4. Emphasize Soft Skills: Seek programs that teach technical skills and also foster essential soft skills like communication, emotional intelligence, and entrepreneurial thinking.

A New Era of Education

The landscape of higher education is undergoing a profound transformation. Gen Z stands at the forefront of this change, empowered to choose paths that best align with their aspirations and the realities of the modern world. While some may opt to bypass traditional college altogether, others may find immense value in innovative institutions that offer a blend of academic rigor, practical experience, and soft skills training.

Ultimately, the key is to stay informed and flexible, leveraging new opportunities and making decisions based on what will truly set the stage for a successful and fulfilling future. The choice may not be between college or no college, but rather how to craft an educational experience that equips students with the skills and experiences needed to thrive in a rapidly evolving world.

Leaders always want to up their game. They want to become high performance work athletes!  Whether they’re new to their leadership position, switching teams or companies, or just want to level up and be their best, real leaders know they have to put in the work to see the results. Use these 5 simple and proven leadership tips to up your game and create the impact you want to have at work this year. 

Leadership Tip #1: Use Your #1 Communication Tool

What is the #1 communication tool in any leader’s toolkit? Simple – your ears!

Great communicators are great listeners. They listen in order to understand, to make the other person feel heard, and to inquire about solutions with great questions. If you find yourself talking more than you listen, start there. Houston, there is a problem. Challenge yourself to recognize when you are overtalking and really listen to the people around you, your team, your bosses, your customers, family, etc. Then, stop, breathe, and shift to ask one great question that deepens your understanding and insight of your audience. Guaranteed you will be surprised how the simple act of listening changes results for you.

Leadership Tip #2: Let Go of Making it All About You and Needing to Always Be Right

Many leaders are leaders for a reason. They like to be in charge and to take control of situations and solutions. So, one of our most effective leadership tips to simply let go of that need to always be right and replace it with the desire to serve others. Accept and expect that your answer or your idea isn’t always the best one. You need to include diversity of thought. If you create space for others to step up and make their own ideas heard you will win every time. People want to feel that what they do matters, that they are contributing and creating impact. Part of your job as a leader is to simply back off and allow it to happen in the way that makes the most sense at the time.

Leadership Tip #3: Figure Out What People Want

The Platinum Rule has replaced the Golden Rule and it reminds us to treat people how they want to be treated, not how we want to be treated. Start by figuring out what it is your people want! As their boss or manager, figure out what motivates them and their passions, skills, and values. The simplest way to figure that out is to ask them: turn your organization upside down. Having your audiences’ desires firmly in mind will allow you to frame your conversations and interactions accordingly. If you know one team member wants to be a manager, this allows you to tailor your communications and coaching to move them toward that goal. Likewise, if you know someone desires to be home with their family as much as possible, you know you can appeal to them by offering greater flexibility with the time and place of work.

Leadership Tip #4: Improve Your Communication Skills

To step up as a leader who creates real-deal impact, focus on improving your communication skills this year. Learn the art of the question, make a habit of using inquiry to go deeper, listen twice as much as you speak, and use our GPS communication strategy for tough conversations. If you need help and guidance to get you where you want to go, reach out to us about our personalized and on-demand coaching. We ask our client to ask themselves what is in it for the them (WIFThem): the audience.  And then to continue to use inquiry as a tool to solve and bridge any gap. 

Leadership Tip #5: Adopt Simple Systems

On a recent podcast I was asked about my best leadership tip and it is this:

KISS. Keep It Simple Stupid.

The principles of leadership are easy. What’s not easy is the execution. Adopt simple systems to support growth and sustain permanent change. Our launchbox coaching systems focus on actionable and easy to implement 3 – 4 step processes each time. We provide a practical approach not a theoretical one. Our systems meet our clients where they, and their workplace culture, are. It’s been finetuned and tested thousands of times.

Don’t overthink the problem. Tap into something that is proven to work so you can start making big leaps in your career.

Taking the next step in your leadership journey starts with you. Implement our best leadership tips to drive your success and reach out to us to learn more about our leadership coaching for driven and motivated individuals.

Now that we’re back to work for 2021, it’s performance review season! Whether formal or informal performance reviews or day-to-day coaching, it’s important you really understand how to discuss performance in a manner that serves the employee. Specifically, performance discussions must connect with and make a difference for your employee. Your people want to do a good job for you, and they want these 3 simple things:

  1. To feel safe on the employment journey
  2. To feel like they belong to a team
  3. To have the ability to learn and grow.

So, show them how! Use these 5 tips to make sure you’re having great performance reviews and discussions which encourage your employees’ growth and fulfillment in the workplace.

Make It Relevant

Performance reviews must be relevant and directly correlated to the employee’s experience and their growth journey. You should be discussing things you’ve covered with your employee all year long and, although you can and should talk about new places for improvement, make sure that’s not all you’re talking about. Remember it’s about their growth and their journey.  Help them gauge whether they’ve been aware and conscious of the feedback as the first step.  Have they corrected or improved their behavior and results since you last discussed? Remember: your people want to learn and grow so make sure they understand that you have their back and show them the way!

Make Them Feel Safe

Few people, unfortunately, enjoy and look forward to having performance reviews or discussions. That’s why it’s important your employee feels safe from the very beginning. The safer they feel the more they will receive the information and start to understand that these discussions are gifts along the journey.  As I mentioned above, your people do want to learn and grow. So, remind them that’s all a performance review/discussion is – an opportunity to discuss areas of improvement so they can be their best. Even if you’re giving a positive performance review for someone who’s exceeding expectations, there’s always opportunity to learn, grow, have an aha moment and do better. Make sure your employee understands the performance review is about them and not about you – you’re sitting down to mentor, coach and show them the ways where they can level up, create impact, and make a bigger difference.

Remind Them That You’ve Got Their Back

In order to make your employees feel safe during their performance review, show them you’ve got their back. Be vulnerable. Share your experiences and for God’s sake, demonstrate gratitude for their service. Everyone needs that type of empathy. In this new world of work, people want to work for bosses and managers who are authentic, transparent, and who demonstrate over and over again that they want to see their team succeed. That is what we call other focused leaders. A little reassurance goes a long way, especially for your Millennial and Gen Z employees. Focus on creating trust within the conversation. For a roadmap on what NOT to do, click here to check out a list of common behaviors that actually create feelings of mistrust.

Ask Deep Questions to Spur Thought & Accountability

Nobody likes to be talked at or even worse, talked down to. To ensure you’re being heard and understood, make sure to ask “great” questions. And not just any questions. Good, deep questions that are open-ended, nonjudgmental, supportive, and ask them to grow and become accountable, are what constitutes a “great” question. Understanding the art of the question is one of the most important tools a next gen leader can have in their toolbox. Practice it now during this round of performance reviews and daily thereafter. There is no more important skill a real leader can learn.

Use Our GPS Communication System

Systems really work. They are the best tools one could ever use. GPS is our favorite communication tool here at launchbox because it friggin’ works. GPS stands for Gratitude, Permission, and Shared Experience. Using GPS allows you to deepen your relationships with anyone through effective communication. With our teams working remotely during COVID-19, it’s more important than ever that we get this right. Click here to check out more about our GPS communication strategy and download your free worksheet to put it into practice today.

Liked this post? Want more actionable ideas, tips, and tools? Reach out to us and ask about our virtual keynotes, remote workshops, and personalized one-on-one coaching. We can help every member of your team start creating success now. Get in touch!

We get inquiries all the time from people who are seeking strategies and tools to deliver effective communication and feedback in the workplace. Why? Because we all generally (technical term here) suck at communication and relationships and they really, really matter. Now more than ever in this new era of remote and disconnected work, we must hear each other clearly. With 60-93% of all communication happening nonverbally (depending on which study you’re referencing), there’s not a lot of room for mistakes. We must be able to effectively communicate with others, no matter what the medium, if we want to be successful in the rapidly evolving future world of work.

Below, we’ve compiled 5 of our best tools for the most effective communication and feedback in the “new” workplace:

Listen More Than You Speak

One of the most important tools for effective communication and feedback in the workplace is to practice the art of actually listening to the person you’re speaking to. Too many times we ask questions without bothering to listen to the answer. Your ears are the #1 most important communication tool you have! Yet, we’re often too busy thinking about what we’re going to say next or worrying about something else entirely to really listen to the person who’s speaking. So, make the commitment to listen more than you speak – it will shift your focus from “self” to “others” which is a critical component of relationship building.

Give Feedback 365

The old way of annual performance reviews is dead and has been dead for a long time. The workplace changes too rapidly, especially in this era of forced remote work, for annual reviews to be of practical use to us. Instead, give real-deal feedback in the moment when it’s needed. When you give continuous feedback to employees, peers, clients, and even your bosses, you allow for iterative micro-adjustments. We’re not always going to get everything right or have the correct response for every situation. Feedback allows for those tiny shifts that can add up to massive change to actually happen.

Ask Great Questions

You’ve heard me say this over and over again. Learn how to ask great questions. It is one of the most effective communication tools in your toolbox. Great questions are open-ended, nonjudgmental, supportive, and help you go deeper to mine for the crystals below the surface. The power of the question can move a room, create trust in an instant, create empathy and connection immediately. Questions are a lifeline in communication, and don’t forget to listen to the answer for the follow up of a whopper question. If you’re not sure how to ask great questions, pick up a copy of Chasing Relevance or reach out to us for help.

Communicate Better

If you’re reading this post, you’re probably looking for ways to up your communication game and learn how to better connect with others. One of the most effective ways to do that is to change the way you communicate. Adopt our GPS Communication Strategy and watch how your conversations and relationships change. GPS stands for Gratitude, Permission, and Shared Experience. It’s a framework you can apply to every conversation, but especially the tough ones. Click here to check it out. Let’s practice anytime you need it.

Recognize What is Needed from Your People and Celebrate Success

Finally, we must make a habit of recognizing the good and bad and speaking of them and celebrating all the wins from big to small. Beyond fostering stronger relationships with our team members, recognizing the status, fatigue or challenges and speaking of them creates trust and empathy. People feel heard and part of the tribe. Of course, recognizing the successes throughout and the wins also allows you to give positive feedback in the moment (remember Feedback 365) and reinforces the behaviors you want to continue. Plus, everyone likes to feel like they’re understood and doing a good job, that they’re making a difference, and that what they do has meaning.

When it comes to effective communication and feedback in the workplace, it isn’t something you perfect overnight or that you ever even master. Instead, it’s something that needs constant attention and cultivation if you want to reap the benefits. However, with the right tools, tips, and strategies at your disposal, you can up your game quickly and create success. If you liked the concepts we shared in this article, reach out to learn how we can support you with personalized, on-demand coaching, workshops, and training for yourself and your team. Make sure to ask us about our new coaching product, Hooga!

(Today we’re sharing a guest post from our friends over at Career Karma. Attracting and retaining talented employees is the name of the game for any business, but especially in the rapidly-changing technology sector. To help you compete and stay ahead of the competition, here are three ideas you can implement to help you hold onto your most talented employees.)

The American workforce is going through a period of disruption, the likes of which have never been seen before. Advancing technology was always going to merge with the workforce, that much was clear. However, the recent Covid-19 pandemic accelerated this change via the widespread integration of remote work at companies. Rather than first getting their feet wet with technology, many companies were forced to take the plunge.

Not surprisingly, traditional jobs have begun to decline more than they already were, as more and more companies see the importance of tech jobs. Online business is the way of the future, and securing tech employees who can propel your company above the competition should be the number one priority of any human resources division. The question, however, revolves around where to find this talent and how to attract them to your company. Fortunately, both aspects of that question have prominent solutions.

Source From Different Educational Backgrounds

Far too often, companies focus solely on going to universities and colleges around the country in an attempt to hire recent graduates who have no experience. However, one of the best ways to attract top tech talent is to show that you are willing to source employees from different educational backgrounds.

An alternative to the traditional four-year path, that has been rising in popularity, is attending an intensive trade school that prepares students for specific fields. In fact, CNBC discussed how the premium that comes with a college degree is declining while trade school attendees are able to become skilled workers and already have some industry experience.

Popular options such as General Assemblyoffer multiple courses in pressing tech fields such as web development and engineering immersion. An added benefit of attracting potential employees from trade schools is that they graduate far quicker than their college counterparts. When it comes to finding talented tech employees, the specialized training received from trade schools makes this a great option.

Offer Jobs With a Wider Variability of Tasks

In the past, employees with traditional jobs typically had one daily task that they excelled in. Tech students and employees are different than these traditional workers, though, and provide more freedom and variability in their work. Harvard Business Review discusses how employees of today want to feel as if they are performing meaningful work.

To that end, offering numerous tech jobs at your company can attract new types of tech talent. One such dynamic tech field is data science which is growing at an exponential rate. The day-to-day tasks of a job such as this change daily and can provide a great source of dynamic work to any talented employee.

As a company, numerous tech jobs need to be offered to employees to keep them interested in applying to your company. The best way to stay up to date on this is by modernizing your company and ensuring you are adapting to the times as they change.

Competitive Benefits

When it comes to actually retaining your employees, it is incredibly important to offer competitive benefits. Keep in mind that the different generations of your employees will require different things to retain them. Millennials typically prefer benefits that are structured to give them more freedom and paid time off.

Consistently offer feedback options amongst your employees and ensure that none of the criticisms that arise line up with some of the common reasons for leaving a job. This can help you to keep your company as an attractive place to work for tech talent. The most important key to retaining talented tech employees is to understand what they desire and to be knowledgeable about their specific demographics.

In the end, one of the best benefits of a job is undoubtedly the salary. It is also important to make sure that you are offering comparative salaries to your employees and not giving them less than they are owed.

When it comes to attracting and retaining talented tech employees, it’s important to think outside the box. The workforce is changing and so are the employees who make it up. Benefits and perks that attracted workers from past years are no longer relevant. Millennials and Gen Z are the future of the workforce and benefits that appeal to them do not appeal to older employees. Understanding the demographic of your company and where you are hiring your employees is important to take the steps needed to retain your talented workforce.

Employee development really matters. It always has. But now look at this: we’re all working remotely, interacting virtually, and dealing with uncertainty, stress, and anxiety surrounding the pandemic. It’s never been more important to invest in employee development, especially for the younger generations, Millennials and Gen Zs. They want to matter in the workplace and want a career plan. We all did. How do we know all this? Easy, we just asked them! They’re human beings, too.

In Deloitte’s recent Global Millennial Survey, they found that 41% of Millennials and 43% of Gen Zs expressed concern over their longer-term financial future. Similarly, 40% of Millennials and 46% of Gen Zs worried about their job or career prospects. From start-ups to Fortune 500 companies, in diving deeper, they discovered that respondents felt less confident that they possessed all of the skills and knowledge necessary for future success.

Guess what employers – you have to be the guide! As an employer, it’s your job to make sure your people get what they need from your organization. And organizations that provide that support outperform their counterparts. It does not just happen and how you do training and mentoring matters. Good news, while the Deloitte survey found that companies are doing a better job of this (with 65% of Millennials and 68% of Gen Zs saying their employers are providing enough support in this area) we need to be doing more to win. Investing in your people is one of the key ways to make sure your organization not only survives this pandemic but thrives in the world that comes after.

At launchbox, here is how we help. We know each client is different and they need customized products and solutions to reach their goals. Increase your employee development offerings in the months ahead with these 3 simple ways to give your people what they need and want to achieve success:

 

Virtual Workshops

In this disconnected world, help your team pull together to solve the disconnect because we can’t afford for our people to be anything other than highly engaged in the workplace. We need them to bring their best selves to work every day. Offer a transformative system that will help your team find, build, and share connection. Then empower them through simple and unique tools and strategies to own their growth and get to that next level.

 

On-Demand Training

We’ve worked with thousands of young Millennials and Gen Zs and if there’s one thing we know about them, it’s this: they want things on their own terms. And that includes access to employee development training. MEET THEM WHERE THEY ARE. Try a system for coaching and mentoring that is sustainable over time. We use virtual training systems that employees can access anywhere on-demand called Hooga, however, just make sure they can access people when they need help. Help your people figure out how to work from the inside out, to discover who they are, and the value they have to contribute to the world. Then show them how to use their learnings about their own Strengths & Story to connect with others and build better relationships. Ask us how you can try Hooga for free today!

 

Individual One-on-One Coaching

For the employee, manager, or executive who desires to take their development to the next level, we believe in direct individual or group high-performance coaching that is tailored to the needs of the individual. Make sure you place an emphasis on creating a connection to self first, so they can then build the tools to win with others. Through one-on-one coaching you will help them discover, develop, and articulate their own impact: we call it Strengths & Story. Once you help them become self-reliant and create the work competency of knowing who they are, you can believe they will better connect to coworkers, team, boss, clients, etc. to deliver value and create greater impact for them and you.

 

The world as we knew it has changed. It’s time for us to step up and invest in developing next-generation leaders within our own organizations. We are here to help! If you’re not sure how to start, click here to reach out and book a free call with us.

Now the need for connected and engaged workforces has never been greater, thanks to COVID-19! Remote and separate work is killing us. Our 5-year focus has been connecting the generations in the workplace. We developed a winning workplace formula to connect the Millennials, Gen Zs, and every generation. B.R.I.D.G.E. the Gap.

Companies of all sizes and shapes around the world are now forced to confront heightened culture issues inside the workplace.  The need for a system to help them B.R.I.D.G.E. the gap around generation, gender, race, religion, whatever, is daunting. Our workplace connection system is guaranteed to work when companies authentically believe and deploy it.

FACT: The most important life/work skill is relationship building. The ability to build relationships is your connection currency. B.R.I.D.G.E. is a 6-step framework that solves today’s most challenging workplace issues. Learn more about how to B.R.I.D.G.E. the Generation and Diversity Gap below and if you’d like help implementing, reach out to us.

B.R.I.D.G.E. the Gap in Your Workplace

 

B: Bust Myths

No matter what specific challenge you’re facing in your workplace, it starts by checking your assumptions at the door. We all buy in to myths, biases and beliefs about the people we work with that may or may not be true. But make a commitment right here, right now, to stop placing people in a box. Instead, lean in and really listen. Understand and welcome that diversity, it creates better business results – just check out this study from Deloitte. If you connect to yourself by busting myths you are free to inquire and listen to your own strengths.  Once you understand yourself, you’re ready to engage with others to find the strengths in them. Busting myths starts with understanding and identifying what people are really bringing to the table – not the baggage or labels you’ve assigned to them.  That is what leaders that transform the workplace do.

R: Real Deal

Authenticity and trust are two of the most important ingredients for creating strong relationships and real leadership. And, now that we’re all working remote and dealing with the uncertainty, anxiety, and frustration of life during a pandemic, it’s become more important than ever that your workplace colleagues know you’re there for them. Be interested and interesting.  Care and put in the effort to be vulnerable.  It pays in connection currency.  Stop making excuses and blaming others (colleagues, friends, etc.) and start becoming genuinely interested in your team, their ideas, solutions, and strategies. Challenge yourself to learn as much as you can about everyone: What makes them tick? What motivates them? What inspires them?  What are their goals? Simply ask great questions and then go deeper to form rock-solid relationships.  My 19-year-old son told me this week that the greatest gift I gave him was the ability to understand, practice, and shape question asking. He said with that he could enter any room of 200 and find something in common with every person and build relationships.  Now I want to test that skill.  Anyone have a room of 200 during COVID?

I: I Own It

Let’s face it: it’s easier to blame others and make it someone else’s problem when you don’t have to hang out with them in the break room or stare at their cubicle all day. But real leaders step up and own their side of the street. When things go wrong, take responsibility. And when things go right, own that too. You must have personal accountability in everything you do if you want others to own their stuff, grow, change, and show up differently.  You want to change the world change yourself because what happens to you is because of you.

D: Deliver Value

If you’re familiar with my views, you know I’m always talking about delivering value to others. Without that, you’re dead to me and everyone else. Value is a big freakin’ deal! I believe if you show up, serve, and focus on how to consistently give values to others, your life and your results will change tremendously. So how do you personally connect, mentor, lead, motivate, engage, and add value to those around you? Where are you crushing it and where could you do better? And has it changed since the pandemic began? When will you recapture some of the magic you had before you went remote? And, how?

G: Goals in Mind

In the virtual workplace, it’s more important than ever that people have a clear sense of what a company’s goals are and what the vision is for the future. A shared vision and shared goals allow people to get into alignment with each other, regardless of their differences or past experiences. If you’re a leader, it’s up to you to create that vision and then lead with transparency and purpose. If you’re a team member, check in with yourself and ask great questions like: How does what I do help achieve the company’s goals? Why am I important to the company? Most importantly, given the radical changes we’ve gone through, what goals in mind do you have for workforce development?  Now more than ever, adapting to change in economies is not just about cost-cutting and risk assessment, it’s about finding and training the right leaders that will persevere in the new uncertainty. DO you have a system for that goal? If so, it better relate to connecting people.

E: Empower Success

Our signature program, Strengths & Story, centers on helping individuals discover and articulate their own strengths to others. Why do we focus on highlighting strengths rather than correcting weaknesses? Because we want to empower people and help them discover what is already special about them. Everyone has their own innate superpowers so help your team recognize and cultivate their gifts. Then, celebrate them when they succeed!

 

As we went through the B.R.I.D.G.E. acronym, I hope you noticed that even though we’re using B.R.I.D.G.E. as a means to close the gap between self and others, we kept the focus on the self – specifically, on you! That’s no accident. The only person we can control in all situations in ourselves. So creating change and getting the results we want starts with us doing the work from the inside out. If you need help stepping up and becoming the leader you want to be, we offer personalized, on-demand coaching. Contact us to learn more about what we can do for you and your team!

Each year, Deloitte releases their annual survey about the youngest generations in the workforce, Millennials and Gen Zs. I look forward to their report because it’s full of valuable research and statistics we use to inform much of the work we do here at launchbox by bridging the gaps with our clients.

Conducting a study of this size and magnitude is a serious undertaking that takes months and months of work. So what do you do when a global pandemic arrives and changes the world as we know it almost overnight? If you’re Deloitte, you take your original research and back it up with a pulse survey to see how some of the original respondents are faring amidst extreme change. Then, you use that data to publish a survey that offers one of the most informative and well-researched pictures of how young people are doing at work and at home even as they face an uncertain future.

Hint: they’re doing better than a lot of us would have thought. And the younger they are, the better they’re doing with uncertainty.

Below, we break down some of the key findings in the 2020 Deloitte survey and what this means for employers who are struggling to connect their remote employees to each other and their teams.

 

Key Finding #1: Millennials and Gen Zs Are Less Stressed Now Than They Were and That Means No More Business as Usual

Deloitte’s original survey was conducted between November 2019 and the early weeks of 2020. In that survey, 48% of Gen Z respondents and 44% of Millennial respondents reported that they were “stressed all or most of the time.” But in the pulse survey Deloitte conducted in April and May of 2020, they discovered an 8% decrease in stress for both generations. This is despite the fact that about 25-30% of respondents actually lost their jobs as a result of the pandemic. Pretty crazy what a huge reset will do to a generation or two.

What does this mean for employers? It means that many of your younger employees aren’t going to want to go back to business as the old usual. For some, the pandemic has had measurable benefits and they’re going to want to keep them. Things like the ability to work remote, flexible schedules, a reduction in calendar obligations, and more. 69% of Millennials and 64% of Gen Zs reported that they believe having the option to work from home in the future would relieve stress. After the pandemic is over, 64% of Millennials and 60% of Gen Zs said they would like the option to work from a remote location from frequently. So as an employer, ask your people what they want from you and their workplace. What parts of life pre-pandemic do they miss? And what do they hope stays in the past? We know they miss connection – look at the bars! However, do they need work connection 24/7 like we thought? No. They want to be trusted and also have more control and freedom about how and where they live and work. Pandora’s box is open.

 

Key Finding #2: Job Loyalty is Increasing Amongst the Younger Generations

A common complaint I hear from the older generations is that Millennials and Gen Zs “aren’t loyal.” They job hop a lot and when something’s not working for them, they are quick to seek alternative employment rather than stick it out to see if it improves. It’s one thing I love about the youth – they refuse to settle for anything less than what they think they deserve.

Yet in Deloitte’s primary survey, and contrary to popular belief, “more millennials said they’d like to stay with their employers for at least five years than would prefer to leave within two years.” In fact, just 31% of Millennials respondents to the primary survey shared that they intend to leave their current employment within the next two years, down from 49% in 2019! Interesting because we are seeing this with our clients too. They really want more safety and belonging. If you trust them and grow them, they will want to stay. Imagine that.

Deloitte hypothesized that the increase in job loyalty amongst the younger generations is due to their employers doing a better job addressing their needs, creating a diverse and inclusive working environment, and supporting their development through training and mentorship, among other factors. Across both generations, 71% of respondents felt that their employers were doing a fairly good job at creating a working environment that is inclusive and diverse. And roughly 70% of Millennial and Gen Z respondents felt their employer was making a positive impact on the local community. As an employer, pay close attention to these findings. We know that some of the things young people want from their employers include opportunities to learn and grow, transparency, real-deal authentic communication, and purpose and contribution. Make sure you have a system in place that gives your people what they want. Need help? Reach out to us – we have actionable tips and hacks that will help you create that system inside your business.

 

Key Finding #3: The Pandemic Has Increased Individual Responsibility and Empathy

If there’s one thing we can all agree on about the pandemic, it’s that we’ve all been affected in one way or another. Some of us dramatically, others marginally. Yet the coronavirus pandemic has emerged as one of the defining moments in living history, uniting us against a common enemy. For our young people, it’s had the positive effects of increasing their empathy for others and encouraging them to get more involved in supporting their local community. In Deloitte’s pulse survey, 75% of respondents across both generations reported, “once restrictions are lifted, they will take actions that have a positive impact on their communities. Seven in ten said they already have done so.” Three-quarters of respondents also mentioned that the pandemic had made them more aware of and sympathetic towards the needs of different people around the world.

What does this mean for employers? It means your younger generations, who were already pre-disposed to wanting to make a difference by doing work that matters, have had their innate generational desire towards purpose and contribution reinforced by recent events. Which means you really have to get this right with them! You need to connect them to their purpose, help them see that the work they’re doing matters, and give them the tools to create impact for others. It’s a tall order, but we think you’re up to the challenge. And we recently launched a new virtual product, Strengths & Story, to help. Your employees will learn how to identify their strengths and connect to their story so they can create an impact that matters. Contact us to learn more about getting access to this product for your team.

 

Click Here to Read the Full 2020 Survey From Deloitte

 

Did any of these key findings surprise you? Are their areas you know you need help in? We’re here for you. We’ve helped companies from start-up to Fortune 500 bridge the gap in their workplaces and solve for success. Reach out to us to claim your complimentary call and learn what we can do to help you succeed!

For the younger generations, Millennials and Gen Z, the effects of the COVID-19 pandemic will be particularly profound. For some of them, too young to feel the full weight of other recent, life-changing events like 9-11 and the 2008 market and jobs crash, this pandemic is their first exposure to real hardship. And, the most profound hardship most of us for any generation have experienced; it’s taking away the in-person human connection that is our primary source for safety and belonging. For other generations, the effects of the last recession, 9/11, wars, swine flu, still haven’t faded away.

As the employer and future employer, to the next leaders of our world and your workforce, you must truly understand this younger generation’s experience. And what they need from you in the workplace or the marketplace. They currently account for 38% of the workforce and by the end of the decade, 58% of employees will be either a Millennial or a Gen Z. If you and your business want to continue to survive and thrive in the new world of work, it’s not an option to ignore the needs of the younger generations and the effects the pandemic is having on them. You must meet them where they are and give them what they want in order to build your high-performance team and extend their reach to connecting with your clients. These generations actually account for 3 trillion dollars worth of annual spending!

Really, what Millennials or Gen Z employees want from their employers is no different than what any of us want. They just tend to be more vocal about it and more insistent that they get the support they’re seeking. This is one reason I love working with young people – they are absolutely determined to make it a better world and they’re not shy about going after it.

To help your Millennial and Gen Zs learn to be resilient from all the change we’ve had over the past few months and thrive, focus on these simple things:

 

Help Them Feel Safe

This is a big one and we covered it in our last blog. People need to feel safe at work. Physically safe (make sure they know the steps you’re taking to protect them from the virus), but also emotionally and psychologically safe. They need to know the workplace is a safe place to speak up, to tell it like it is, and to call out toxic or damaging behaviors. The depth and spread of the #MeToo and #BlackLivesMatter movements have shown how much the younger generations value creating spaces of inclusivity, equality, and safety. As I tell all of my clients, listen and listen like a trampoline, meaning bounce back with even better questions.

 

Help Them Feel Like They Belong

We all want to feel like we’re part of something that matters and again, Millennials and Gen Zs are no different. They place a high value on finding workplaces that allow them to do work that is meaningful. And it’s up to you to make sure they can clearly see how their work has meaning and how it’s contributing to your overall organizational goals. If you need help, we’re here. We’ve helped hundreds of organizations and teams solve the crisis of disengagement by helping connect team members to their personal and professional purposes (their why) threaded to your corporate missions through our flagship online program, Strengths & Story.

 

Provide Access to Mentoring and Coaching Opportunities

Though COVID-19 has done away with a lot of our traditional ways of providing professional development through the method of sending our people off to workshops and conferences, the younger generations were craving something different even before the pandemic. In a recent blog, we discussed how today’s young workers want the freedom and flexibility to seek out their own mentors and coaches, to learn on demand and in the way that suits them, sometimes even informally. They also need to take ownership in their mentoring relationships. With our teams working remotely and feeling isolated, helping your young people access new mentoring and coaching opportunities and techniques is critical.

To help, we recently launched our online portal, Hooga, to provide a virtual and on-demand coaching options for your people to learn the principles of our Strengths & Story workshops. Reach out to us to find out how you can get access!

 

Show Them How to Build Resilience

With all the uncertainty and stress that’s invaded our lives recently, one of the most important things Millennial and Gen Z employees need from you is to learn how to build and cultivate their own resilience. Sometimes called “grit” but even deeper, a person’s resilience is simply a measure of their ability to bounce back quickly when things get tough. And things have never been tougher for our workers than the challenges of COVID-19.

We have a 3-step system you can use to help them build better resilience. Click here to check it out now.

 

Reskill Them on Emotional Intelligence

Emotional Intelligence is key for success in the future world of work. And with so much stress, anxiety, and uncertainty, people need people. We need to feel connected to each other and that we have strong relationships, whether it’s with our bosses, coworkers, clients, or friends and family. Make sure your younger employees are equipped with the skills they need to up their game when it comes to their own Emotional Intelligence. Learn how to reskill them and coach them on Emotional Intelligence here.

 

Your Millennial and Gen Z employees need you to step up and help them in the wake of COVID-19. Start here with these five ideas. If you need help implementing any of the above strategies or would like a personalized recommendation for your team, reach out to us to learn how we can support you to success.

As we get used to a new normal and over the shock and grief of COVID-19, it’s never been more important to care about our workplace. Our employees and teams really need a sense of safety and belonging. Both in the psychological and in the physical sense, as COVID-19 leaves us with new rules and regulations.

Simply put, if people don’t feel safe at work and if they don’t feel like they belong, they won’t do their best work. It really is that simple. The key to creating a successful culture that helps your company thrive and deliver high performance is to make sure your employees are safe. That means addressing their fears and concerns over their physical and psychological safety in a post-COVID19 world. Here’s how:

 

Ask, “What Can I Do Differently to Serve You?”

To solve any problem in your workplace, start by asking great questions. Questions that encourage the other person to go deep and really mine for the crystals so you can help solve for the challenges. I love these ideas from Google’s Head of People Analytics – start this week by asking these questions of every person on your team:

1) What am I doing now that you want me to continue to do?

2) What am I NOT doing frequently enough that you’d like to see more of?

3) What can I do to make you more effective?

Asking great questions demonstrates to the other person that you care about them, that you’re willing to listen, and you’ve got their back. When people know you care, they’ll trust you. Trust goes a long way toward creating a true culture of safety and belonging. In this new world you actually may want to share your procedures for physical safety and further check to see if they do feel physically safe and social distanced.

 

Ask, “What Makes Work Meaningful?”

We all want to do work that is meaningful, that makes a different for someone else or the world. With all this time at home, worrying about what’s going to happen to our families, our friends, our jobs, it’s got a lot of people thinking about what’s really important in life and questioning if they’re living in alignment with those principles.

Make sure you’re helping everyone on your team connect their work to their meaning and purpose. Help them see why they’re doing something and how it’s contributing to larger team or organizational goals. When people can see that they are part of something and helping to meaningfully create progress, they will feel that they belong. Again, COVID-19 is a game changer. Is there something you can do to help your employees or clients create meaning while protecting them at this time?

 

Seek to Reskill on Emotional Intelligence and Behaviors to Create Safety and Belonging

In previous articles we’ve discussed the importance of cultivating Emotional Intelligence (EQ) in our changing workplace. As we reenter the world and workforce with differing fears, anxieties, and stresses, demonstrating EQ has never been more important. Self + Others = Success. EQ helps us get there.

Reskill your team on the basics of EQ and make sure they understand how to really listen in a meaningful way, how to ask great questions, how to have empathy for the other person, and how to tap into their own strengths and story to connect. Also, make sure that you understand the real challenges of the current times and be sensitive to how they are feeling. Seek to address how their colleagues and clients may be feeling as well.

Check out our toolbox here for free resources you can use to help your people level up and let us know if we can help you apply them to our current day scenarios.

 

If you make a conscious choice to intentionally create a culture of safety and belonging, your team and company will thrive. We’ve seen it happen over and over again with our clients – and we’re sure these simple hacks will make the difference for you, too.

Need some support? Reach out to us – our Strength & Story system guarantees you will create a culture of safety and belonging and see real results with your team and business in 100 days or less. Contact us to find out more about how we can help you grow and thrive.