Millennials work survey: workers believe their skills not being utilised
Published 22/10/2015 | 08:35
Businesses in the 21st century should focus on developing their people and having a purpose, according to a new survey by Deloitte.
The survey of 7,800 individuals from 29 countries said six in ten millennials want to work for an organisation "with a sense of purpose".
Over three quarters said their organisation's purpose was one of the reasons they wanted to work there.
Only 28pc said their organisation made full use of their skills.
"This insight into the mind-sets of Millennials is invaluable, however it does present challenges to Irish CEOs," Deloitte Ireland human capital partner Cormac Hughes said.
"The development of leadership capability is critically important in Irish organisations so that they can scale and grow their businesses. Millennials are the future of that capability. In order to address this, CEOs must be certain that the organisation’s purpose is clear, and that leaders within that organisation are communicating that purpose," he added.
"Secondly, how organisations can create a culture that supports the organisation’s ability to deliver on objectives and goals, and ultimately fulfil its purpose, is also important. Moving to a change-focused, innovative and empowering culture represents a shift for many organisations. The challenge for CEOs is to ensure that culture shift is defined, visible and understood”.
Google EMEA senior executive Louise Morrissey said that "in the past employers chose the people they wanted to work for their company but now in many cases it appears that millennials have just as much say in the companies in which they want to work".
Mr Hughes was among the speakers at the Deloitte/Enterprise Ireland CEO forum.
The technology, media, and telecoms sectors were seen as most desirable.