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show notes

Stages of Development

How To Connect with Millennials - CEDRICK LAFLEUR

14/10/2020

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Cedrick LaFleur - "Talk Leadership with Cedrick on the Radio"

​IBGR.Network - PROFIT Radio.
Everything a business owner needs to start, grow or exit a business. GROW WITH US.


Talk Leadership with Cedrick on the Radio (IBGR.network)

Introduction
You have a dream. You’re sitting on an idea that you can turn into a great entrepreneurial journey. What if you knew how to develop and grow a sustainable business - fast, even in today’s (post) pandemic economy?

That is exactly what we will be sharing in the Season 3 programming here on the IBGR Network. Talk Leadership with Cedrick focus will be our leadership practices, concepts and ideas to help you optimize business performance.  Proven strategies delivered by seasoned business owners, sharing what works and what doesn’t work at each of the six stages of business growth.

From concept, through startup, to maturity and even through to how to exit your successful business. Whatever stage you’re at in your business, this is the place to learn and grow – and to pick up tips on how to do what you do – better!

Welcome to the world of entrepreneurship!


Show Objectives
My purpose on Talk Leadership With Cedrick today is to briefly give you a run down of what I will cover in Season 3, then I want to spend the bulk of our time helping you understand, “How to Connect with Millennials.” 

Millennials are the largest demographic group and currently make up over 50% of the workforce and some data states that they will make up 75% of the workforce by 2025.  It is imperative to your business to connect with Millennials. 

What You Need to Know
​Season 3 Lineup:
  1. How to Connect with Millennials (8OCT20)
  2. Comfort Zone vs End Zone Leadership (15OCT20)
  3. 3X Formula for Gaining The Edge in Leadership (22OCT20)
  4. 5 Habits That Kill Team Unity (29OCT20)
  5. 10 Ways of Being Successful (5NOV20)
  6. Core Values of Winning Teams (12NOV20)
  7. Having Crucial Conversations (19NOV20)
  8. Empowering Others to Develop Others  (3DEC20)
  9. Failing Forward: Redefining Failure in your Organization (10DEC20)
  10. From Stuck to Start: Shifting Your Team’s Mindset (17DEC20)
  11. OPEN (24DEC20)
  12. OPEN (1JAN20)


What You Need to Do

THE SETUP:                      CURRENT AGE:
GEN ALPHA                        2013-2025           1-7
GEN Z    (iGen)                    1995-2012           8-25
MILLENNIALS (Gen Y)      1980–1994          26-40
GEN XERS                            1965–1979          41-55
BABY BOOMERS               1946–1964          56-74
TRADITIONALISTS             1900–1945          75+
 
 Important Facts About Millennials in the Workplace
  1. Millennial turnover costs the U.S. economy $30.5 billion annually.
  2. 29% of Millennials are engaged at work, 16% are actively disengaged, 55% are not engaged.
  3. 26% of Millennials say recognition motivates them to do their best work.
 
 
Throughout Some Millennial Facts:
  • Millennials make up over 50% of the people in the workplace.
  • Millennials are the largest generational cohort in American history, with approximately ninety million members and, of these, roughly 43 percent are people of color. 
  • PEOPLE OFTEN ASK GALLUP, “Are millennials really that different?” The answer is YES — profoundly so. Millennials will change the world decisively more than any other generation. 
  • Millennials will continue to disrupt how the world communicates — how we read and write and relate. 
  • Millennials are disrupting retail, hospitality, real estate and housing, transportation, entertainment and travel, and they will soon radically change higher education. 
  • They don’t accept “that’s the way it has always been done” as a viable answer.
 
Big 6 Functional Changes that Companies/Parents Need to Make to Attract/Teach Millennials(Y) & iGen Generations(Z)
 
 
Past        ———>        Future
  1. My Paycheck                           1. My Purpose
  2. My Job Satisfaction                   2. My Personal Development
  3. My Boss                                       3. My Coach
  4. My Annual Reviews                    4. My Ongoing Communication
  5. My Weaknesses                          5. My Strengths
  6. My Job                                          6. My Life
 
  1. They don’t want to work just for a paycheck
  2. Millennials are not pursuing job satisfaction, they are pursuing personal development. 
  3. Millennials want responsibility faster than you want to give it. 
  4. Millennials don’t want bosses, they want coaches.   They want their parents to be a coach as well.
  5. Millennials don’t want annual reviews, they want ongoing conversations. 
  6. Millennials like culture compatibility 
 
ALL EMPLOYEES ARE ASKING NOW: 
  • Does this organization/program value my strengths and my contribution? 
  • Does this organization/program give me the chance to do what I do best every day? 
 
**If your values are the same as the teams, you become more valuable to the team.**

Next Show: Comfort Zone vs End Zone Leadership (15OCT20)

Written by: Cedrick LaFleur, LaFleur Leadership Institute
          www.lafleurleadershipinstitute.com
          cedrick.lafleur2@gmail.com
          832-722-0522
             
 Talk Leadership with Cedrick on Radio airs Thursday, 4pmCST  https://www.ibgr.network/

Talk Leadership with Cedrick on live on FB & YouTube Monday 630pmCST

Talk Leadership with Cedrick on live on FB & YouTube Tuesday 530pmCST

         IG: lafleurleadership   Twitter: @lafleurleaders   
         FB: https://www.facebook.com/lafleurleadershipinstitute

​

P6.01.03NA

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