It is important to groom Millennials to take over responsibility in the best manner possible.
Leaders need to think differently and act differently, they need a new mindset and tool sets while leading.
A study by the Association for Talent Development found many of those born between 1980 and 2000 lacked “soft skills,” such as diplomacy and communication.
As large a number of Millennials or Gen Y move into the into the workplace, it is believed that businesses will be encountering a leadership development crisis. The New Leader’s Council and Virtuali have published a report which underscores the impact that changes in the workplace with a growth of 30 per cent or more of millennials becoming the majority of workers. Further, the report notes that 50 per cent of millennials are already in leadership positions.