Leaders: The Next Generation
More and more baby boomers are retiring, and millennials are taking on more leadership roles than ever. Yet millennials and current CEOs have vastly different perspectives on what makes an ideal future leader. Research conducted last year included 14 CEOs from organizations such as Verizon, UPS, KPMG, Johnson & Johnson, and more, along with 2,800+ leaders of varying levels and generations. Millennials listed the following traits as important for future leaders: inspiring, strong interpersonal skills, compelling communication, and the ability to empower others. In comparison, current CEOs value efficient decision makers, business savvy leaders, and skilled stakeholder managers. Despite these differences, both groups generally agreed on what empowers growth for the next generation of leaders, namely receiving coaching from mentors and leading an organization through “strategic or cultural transformations.” Additionally, having “chances to practice, receive feedback, and engage in shared learning experiences with peers” are key. Agreed.