Earlier this year, CNN reported that the U.S. jobless rate fell to its lowest level since 2008. Positive job growth—and having the talent to fulfill these job openings—is great news for employers, jobseekers, and the economy as a whole.
As the academic year comes to an end, college graduates around the world are getting ready to join that talent pool. This new generation of workers comes from an environment and lifestyle unlike that of their seniors, and they bring assets that are unfamiliar to more seasoned employees.
Let me elaborate for those of us born before 1980. When I joined the workforce some decades ago, faxing, mailing, and wired phones were everyday business staples. Today, each of us has at least one mobile device on hand. (I have three: my cell phone, iPad, and laptop.) And with those devices comes a shift in the ways we connect and communicate, at work and elsewhere. But many of us remember the time when we worked without these devices.
Millennials don’t have that memory. Coming of age in a mobile world makes their views fresh and their needs unique. Every time we bring a new, next-generation hire on board, I wonder, “What can they teach me?” This is the generation that will inherit the economy when we retire. By cross-mentoring each other, we all can do a better job of preparing for that future.
At Cisco, we are starting to see more and more of our customers adapting to accommodate the needs of their connected employees, both young and experienced. We’re seeing them laying the groundwork to encourage increased mobility in the workforce, with collaboration technologies and programs like Bring Your Own Device (BYOD) at the office. With BYOD and mobile technology becoming increasingly pervasive in the workplace, collaboration becomes more accessible, and productivity and efficiency improve. And as employees start enjoying the flexibility of working from anywhere, morale reaches a new high.
Connecting your workforce—whether it is multigenerational, multinational, or multilingual—and enabling the Internet of Everything, allows employers to bring together people, processes, data, and things. While first-time workers may lack the experience of their more seasoned coworkers, they’ll flourish more quickly if their need to be connected is fulfilled. As the pace of business continues to increase, it is imperative for executives to act now to make sure that collaboration technology is readily available, to attract Millennials and to engage employees of all generations.
My two biggest pieces of advice for companies looking to hire from this next generation are these: First, leverage their always-connected lifestyle as an advantage to your business objectives—not as a setback. The way they play is also the way they work. Because of technology advancements, it is now completely viable for us to deliver the infrastructure for this lifestyle in the workplace. Second, encourage your entire workforce to participate in a knowledge exchange, wherein Millennials share tech know-how and senior workers share business acumen.
There is an amazing synergy going on that results from the new generation’s approach to work, the seasoned experience of older workers, and today’s mobile, collaborative technologies and architectures—and this synergy amounts to a big win for everyone.