Working with Millennials in the Partner Community
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Millennials are the Future of Partnership. Many of them are already in the working world and more are entering the workforce every day. - 10,000 Millennials are reaching the age of 21 every day - By 2025, 3 out of every 4 workers globally will be Millennials - Today there are 55 million Millennials in the workplace Helping them become understand the opportunities with partnering is the responsibility of today's generation. Microsoft needs to play a role as a platform provider. Current partners, which are often comprised of Baby Boomers and Gen X'ers have a role to play too. Baby Boomers play a big role here: - 10,000 Baby Boomers are reaching retirement age every day. - They aren't (necessarily) retiring ... they have Big Plans. - The bring The FEM Factor In this presentation you'll see some of the factors that are impacting the partner community and what collectively we can do about it ... together. Note: Millennials and Gen Z's are starting business every day. This is a good thing. The challenge is ... How do we get them to consider doing this in the Microsoft partner ecosystem.
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Working with Millennials in the Partner Community
- 1. Working with Millennials in the Partner Community
- 2. Working with Millennials in the Partner Community Jeff Shuey President, IAMCP Seattle WPC 2016
- 3. Three Things Plus One 1. A Definition 2. Understanding Millennials 3. Working with Millennials What’s Next?
- 5. The Millennial generation is the biggest in US history Bigger than the Baby Boom Digital Natives* Transformative in the workplace
- 6. • By 2025, 3 out of every 4 workers globally will be Millennials • Currently there are 55 million Millennials in the workplace • 10,000 turn 21 every day** THE FACTS:
- 8. In 2015 Millennials surpass Gen X’ers as the largest generation in the US labor force
- 9. A Deeper Look at The Generation Gap
- 10. How to work with Millennials?
- 11. What do Millennials care about? • Career Growth • Feedback • Work Life Balance • Meaning
- 12. Can I get an 8 count? This is what we are dealing with. The attention span of humans has fallen from 12 seconds in 2000 to eight seconds today. Source: Microsoft
- 13. You May See the Light You May See The Light at the end of the tunnel You may not hear the bell. You may not hear the rumble. But, it’s coming! Be Ready!
- 14. • What do Millennials bring to the table? • What do you bring to the table? • What to do today and tomorrow? Hiring Millennials – What to look for?
- 15. • The Most Educated Generation in Western History • Technologically Savvy • Global Citizens • Entrepreneurial Millennial Characteristics
- 16. Pop Quiz ====== What is the fastest growing segment of entrepreneurs?
- 17. Hint: ====== Don’t Discount Those That Have Gone Before You
- 18. They bring something that takes years (literally) to Acquire
- 20. **10,000 Baby Boomers PER DAY… are reaching retirement age for the next 20 years **This is the corollary to the 10,000 Millennials turning 21 every day
- 21. Connecting Millennials with Boomers is a logical fit – It’s the Future of Partnership • Boomers will pay for services that keep them active and involved • Boomers bring The FEM Factor • Millennials will create new businesses to support these efforts • Millennials will start businesses with Boomers
- 22. Cater to Millennials, Females … … add Boomers to this mix
- 23. • Gen Z • Coming of Age: 2013-2020 • Alpha’s • 2050 - The eldest Alphas turn 40 What’s Next?
Editor's Notes
- Hidden Slide
- Born between - 1980 and 1996-2000 Ranging in age from 18 – 34
- Born between - 1980 and 1996-2000 Ranging in age from 18 – 34
- https://ihumanmedia.com/2015/09/14/gen-x-millennials-vs-baby-boomer-real-estate-baby-work-travel-politics-shopping/ 10,000 turn 21 every day - https://www.aabacosmallbusiness.com/advisor/22-shocking-stats-millennials-help-chart-tomorrow-change-112531305.html
- Source: http://res.dallasnews.com/interactives/generation-of-debt/employment/
- Source: Pew Research http://www.pewresearch.org/fact-tank/2015/05/11/millennials-surpass-gen-xers-as-the-largest-generation-in-u-s-labor-force/
- Source: https://ihumanmedia.com/2015/09/14/gen-x-millennials-vs-baby-boomer-real-estate-baby-work-travel-politics-shopping/
- Source: https://ihumanmedia.files.wordpress.com/2015/09/millennial-work-force.jpg
- Living in the Age of the Goldfish Response Rate http://jshueywa.blogspot.com/2015/05/recent-studies-have-shown-that-humans.html Microsoft source – NY Times http://www.nytimes.com/2016/01/22/opinion/the-eight-second-attention-span.html
- You May See The Light (around the corner) But, you may not hear the bell. You may not hear the rumble. But, it’s coming! Prepare Now.
- http://luckyattitude.co.uk/millennial-characteristics/
- Millennials Meet Your New Business Partners http://www.personalbrandingblog.com/millennials-meet-your-new-business-partners/ Friends – Boomers have a rolodex and can open doors. Experience – Your expertise can help them grow the business. This is especially true with the industry knowledge long time Microsoft partner people have developed Money – Boomers can write checks … or they know people that can
- Focusing on Millennials and Females is what James Whittaker tweeted during the WPC in Toronto. I asked for his permission to use his tweet in my session. He agreed. Thank you James! I would add Boomers to this mix too. These three are the secret sauce of the next 10-20 years in the partner community. Gen Z’s and Alpha’s will start to slide into this mix too. More in the next 10-20 years. And, especially into 2050.