The Business Exchange Swindon & Wiltshire Edition 24: April/May 2016 | Page 19

THE AGE OF THE MILLENNIAL Meet the Wiltshire Millennials under 25 While the answers on the previous page may throw some light on the employee or employer, equally illuminating are the social ‘norms’ for those Millennials who are in the younger age bracket. Here are some questions and answers from Siobhan Cran, aged 16, Simon Davies, aged 23 and Sammie Scott, aged 16. Expert voices So why is any of this important? I’ve asked two entrepreneurs who are not Millennials but who have researched this generation, to share why they think Millennials need to be considered carefully. Delia Zanatta and Teresa Fox are cofounders of online flexible working recruitment company VennPoint. Sammie Scott Simon Davies Siobhan Cran If you want to buy an object, item of clothing or a gift where would you start? What do you use your phone for? If you forget your telephone how do you feel? Siobhan – ‘Internet.’ Siobhan – ‘Youtube, Google, calls, messages, social media, games, news.” Siobhan – ‘I panic…’ Simon – ‘Google.’ Sammie – ‘Local supermarket.’ Simon – ‘Playing games and checking Facebook. Making and receiving phone calls and texts infrequently because I use Facebook messenger where possible.’ Sammie – ‘Listening to music, taking photos, talking to my friends on social media, Netflix, occasionally using apps, texting, making a call.’ Simon – ‘Miffed off but not the end of the world. Not a massive issue.’ Sammie – “I feel a bit insecure in that I feel unsafe but that’s because I couldn’t get hold of anyone if I needed to.’ Delia said: “Millennials are now coming of age in terms of purchasing power. They are avid and highly-educated, savvy consumers who are used to plenty of choice. They are incredibly comfortable with technology, enjoy experiences and adventure and are used to instant gratification. When they like or dislike a product or service, they will often “amplify” their experience and shout about it over social media.” She says those who are selling to this generation need to: 1. Offer a good deal but also good quality. 2. Ensure the purchase process is mobile and simple providing relevant information and online support. 3. Be responsive on social media – not just promoting products or services but also generating intelligent, relevant ‘content’ and actively engaging in conversations. When recruiting Millennials, Teresa said: “Miillennials are often labelled as being very self “me” focused and ‘needy’. Actually they are highly ambitious and want varied and meaningful work together with a clear path to career progression and self development with plenty of feedback and support. They are hungry for responsibility, so it’s key to make progression opportunities clear. Take time to learn about their goals and demonstrate how they will fit within the bigger picture of the organisation.” She says Millennials want to: Develop long term relationships… but on their terms. Blend their career with everything else they see as important: family, community, self development and so on. Tech savvy but they are also very peopleoriented. Be valued at work – not only with money but through achievement, sense of purpose, social and charitable benefits and flexibility. Nicola McHale is founder of Vi International and chair of Vistage Group Chair for Swindon, Bristol and Bath. She said: “I see time and time again the Generation X or the Baby Boomers trying to force a Millennial down their own welltrodden route. Don’t do that - they like to forge their own paths not yours.” She believes you can motivate a Millennial by playing to their strengths such as: using them to improve your business and bring it up to date especially with social media. tapping into their needs for growth and development – provide life skills training as well as work related training. allowing them to take risks, make mistakes BUT learn from them. giving them a mentor. Nicola said: “With Millennials talk about the future not the past – they only want to move forward! Allow flexibility of working – don’t try and control them. They want an influential role in the big picture vision and mission – so use them. Don’t try and stop them. “Try some of these tips and keep your high potential Millennials and whatever you do DON’T expect them to follow your rules – they will just walk away.” THE BUSINESS EXCHANGE 2016 19