Formulating Leadership Part II
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Formulating_Leadership_Part_I_Presentation.pptxFormulating Leadership
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This Presentation will focus on the apple company.
Apple Inc. is an international corporation which develops and distributes consumer electronics , online services ad computer software (Harrison, 2017).
Apple
The company's hardware products include the iPhone smartphone, the iPad tablet computer, the Mac personal computer, the iPod portable media player, the Apple Watch smartwatch, the Apple TV digital media player, and the HomePod smart speaker.
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There are various strategies that the team can use to promote the number of millennial leaders.
Challenging millennials to improve their technical skills.
This involves placing them in smaller projects to challenge their technical skills and gain experience.
This will help millennials develop confidence and allow them to make important decision without requiring approval.
Enhancing Millennial Leaders
To lead effectively, millennials must face situations that challenge their skills and perceptions.
As a company we need to prepare for the influx of millennials in the work place. So how do we prepare for our future leaders in the work place. As current leaders we need to understand the mentality of the millennial. Millennials have a drive we just need to know how to tap into this resource and work on focusing their potential to make our company succeed. There are two types of millennials driven and not driven. Millennials are very flexible. So we need to make our company flexible but with structure. As leaders we know that times evolve and so do employees. We need to pursue these millennials and show them that we have a company that is marketable and able to make a change in our respected field. Millennials want a source of purpose and that they will make a change. So as leaders we need to chow that we care about our company and that we feel we have a purpose and believe in the mission of our companies future. Millennials eventually will notice this and want to be part of this change. This drive of “change “ can make our company grow and gain on our competitors. Lets watch this video to see what I am talking about.
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2. Prioritize transparency and communication.
Millennials lead well in a setting where transparency is a priority and communication is key.
Enhancing Millennial Leaders Cont’d
Encourage open communication throughout all layers of management. Then, familiarize the millennials with policies and procedures while also providing them with explanations of these policies.
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3. Offer regular feedback
Millennials value honesty and frequent feedback.
Giving them regular feedback provides an opportunity for them, to improve.
The more the organization is able to give feedback to millennials the better they are able to grow.
Enhancing Millennial Leaders Cont’d
Specifically, 41% of millennials want to be recognized for their work at least monthly, if not more frequently. This makes it easier for them to develop the skills and habits they will need as leaders. It also helps to model great personal leadership.
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4. Give Millennials leeway that they can justify.
Millennials always want a balance between life and work.
They also expect organizational policies to make sense (Graham, 2015).
Enhancing Millennial Leaders Cont’d
According to a recent study by Fidelity Investments, most millennials will accept an average pay-cut of $7,600, if it stood for better work or life balance, more purposeful work and superior company culture.
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5. Provide mentorship programs
Millennials can develop leadership skills through mentorship.
Senior level executives can be used as mentors.
Mentors can give them direct advice on leadership.
This could also help them to align with the procedures of the company.
Enhancing Millennial Leaders Cont’d
In the end, the best ways to prepare millennials for leadership roles are simply modeling the leadership behaviors that they aspire to.
Millennials need Mentors, and leaders. We didn’t come into our area of expertise with a Masters on our backs. We as leaders had past leaders showing us the way. Millennials want that, but they want to be heard as well. Millennials ideas are fresh, new and upcoming. As company we do not want to be left in the dust gasping for whatever is left to feed on. We need to mentor young leaders, some may go, some may stay but the mentorship and drive again is what we would want to focus on. Millennials are have surpassed us and population and to see our future of our company thrive we need to mentor leaders and not shy away from this next generation of future leaders.
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The team would start strongly with this presentation to gain the confidence of senior managers that will use their time wisely.
We would also use the time allocated wisely.
Presenting Information
Senior managers’ time is valuable. They have 20+ other things they could be doing in the 10-60 minutes they have given us. We will be prepared to cover our content in the time allotted.
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The team would also be flexible while presenting.
Executives may interrupt the presentation and request that the team clarifies some information in a particular slide.
In that case we would extend discussion on that particular area.
We would also be ready with supporting data for our recommendations (Roberts, 2016).
Presenting Information Cont’d
An extended discussion on a particular slide may mean we would need to whip through other less important slides in order to get back on track in terms of covering all of your slides.
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This information will be presented to the executive mangers through power point presentation and therefore there are costs associated with them.
The organization will therefore need to budget for this presentation.
Presenting Information Cont’d
It would be difficult to achieve the goal of the presentation if the organization does not budget for it.
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Some of the costs associated with presentation includes:
Costs for template design
Content finalization
Creation of visuals and supporting charts by an external agency.
The Cost
Basically the strategy will require costs to hire a designer and the time of both the team and the managers which equals money.
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Graham, C. M., Daniel, H., & Doore, B. (2015). Millennial leadership: The oppositional relationship between leadership type and the quality of database system's development in virtual environments. International Journal of e-Collaboration (IJeC), 11(3), 29-48.
Harrison, A. E. (2017). Exploring millennial leadership development: An evidence assessment of information communication technology and reverse mentoring competencies. Case Studies in Business and Management, 4(1), 25-48.
Roberts, B. F., Relyea, D. H., & Lemus, A. M. (2016). U.S. Patent No. 9,380,331. Washington, DC: U.S. Patent and Trademark Office.
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