The Millennials, also known as GenY, are defined as those born between 1980 and 2000. According to a 2007 BSG Alliance Concourse Institute research study there are approximately 70 million Millennials in the U.S. today. For comparison, the boomer generation, those born between 1946 and 1964, measures in at 79.6 million according to the 2000 U.S. Census. There is an odd fascination with this generation, its rapid adoption of technology and how they fit into the business world.
ÂÂ
At the web site Employee Evolution, http://employeeevolution.com/ a site specific to Millennial career concerns, the general themes are around career mapping, the value of mentorship and staying employable. Couple the information found there, with information highlighted by Geoff Gloeckler in his BusinessWeek article, The Millennials Invade the B-Schools http://www.businessweek.com/magazine/content/08_47/b4109046025427.htm, the Small Business Administration’s report on where job creation is occurring http://www.sba.gov/advo/research/sb_econ2007.pdf, and FiveThirtyEight's http://www.fivethirtyeight.com/ analysis of the youth vote, and we get a clear picture of the impact the Millennials are making in the world.
ÂÂ
As noted at several of the sites identified above, Gen-Y is focused on obtaining the information they need, on any one of a number of intelligent devices, immediately. This generation is frequently credited with driving the social networking uptake, but we have to ask ourselves if this is an accurate citation. Afterall, technology and technology-based collaboration has been driven by the boomer generation and even GenX.ÂÂ
Sign up for ITworld's Daily newsletter
Follow ITworld on Twitter @IT_world
jfruh
Apple syncing patent can't come soon enough
pasmith
New Twitter features borrow from 3rd party clients
Esther Schindler
Open Source Changes the Software Acquisition Process
mikelgan
How to set up continuous podcast play on the new iTunes
David Strom
Five important Windows 7 mobility features
sjvn
Guard your Wi-Fi for your own sake
Sandra Henry-Stocker
Grepping on Whole Words
Sidekick: The Good News & the Bad News
Either way you look at it Microsoft Data Center management did not follow standards or best practices in this failure. In which case it makes me wonder more about the outsourcing of corporate data much less personal data.
- mburton325
Join the conversation here
Quick, practical advice for IT pros. Made fresh daily.
Want to cash in on your IT savvy? Send your tip to tips@itworld.com. If we post it, we'll send you a $25 Amazon e-gift card.
How Do Millennials Affect Tech Spending?
Related article about the millennials and how do they define where your tech funding goes:http://www.executivebrief.com/blogs/how-do-millennials-affect-tech-spending
Re: Leadership - The Millennials Impact on Business
Leadership is one of the most salient aspects of the organizational context. However, defining leadership has been challenging. The following sections discuss several important aspects of leadership including a description of what leadership is and a description of several popular theories and styles of leadership. This page also dives into topics such as the role of emotions and vision, as well leadership effectiveness and performance. Finally, this page discusses leadership in different contexts, how it may differ from related concepts, and some critiques that have been raised about leadership. Meanwhile, New home sales have taken the first upward turn in months. New home sales and housing starts have both increased in the last month, and the evidence suggests that it isn't just the typical post winter bump. More people are responding to the drastic drop in prices, and getting personal loans to obtain a new home or first home. Economists are pointing to a rebound of demand since the supply has dramatically increased, and prices subsequently dropped to far more competitive levels. The forecast of gloom and doom hasn't subsided completely, but stock market and new home sales rebounds indicate that we might be almost out of the woods.