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Effective Ways to Build
and Retain Tomorrow’s
Leaders

Presented by:
Eric Meerkamper, President
DECODE
www.decode.net
Click to edit Master subtitle style




                Eric Meerkamper
                eric@decode.net
DECODE
powered by deeper knowledge of
young generations
                   © Decode 2011   Page 3
WHY IS ENGAGING AND
RETAINING YOUNG LEADERS
   IMPORTANT TO YOU?




                          4
Agenda


Click to edit Master subtitle style
1. Addressing youth stereotypes

2. What young employees think about leadership

3. Six ways to engage and retain the next generation
   of leaders




                                                       5
SO WHAT’S THE PROBLEM WITH
          YOUTH?




                             6
How Youth are often portrayed


Click to edit Master subtitle style

 “Gen Y has been pampered, nurtured
    and programmed with a slew of
   activities since they were toddlers,
      meaning they are both high-
  performance and high-maintenance.”




                                          7
How Youth are often portrayed


Click to edit Master subtitle style


“They're young, smart, brash. They
 may wear flip-flops to the office or
    listen to iPods at their desk.”




                                        8
How Youth are often portrayed


Click to edit Master subtitle style



 “Are Millennials Prone to Cheating
                         to Get Ahead?”

                    - W.P. Carey School of Business




                                                      9
What you might be thinking…


Click to edit Master subtitle style

• Is our future safe in their hands?


• Are youth able and interested in leading?


• How do we make sure they work with us, and not
  go around us?



                                                   10
SOME MYTH-BUSTING




                    11
Gen Y wants to be Loyal


 I would like to find an employer where I could spend my whole career
Click to edit Master subtitle style
70%
                                      64%
60%              58%                        58%

50%


40%                                                        Gen Y

                                                           Gen X
30%

                                                           Boomers
20%


10%


0%
Youth want to lead


 Click
              I want to be the leader of an organization some day
         to edit Master subtitle style
45%
                     40%
40%

35%                                      33%

30%

25%                                                                 Gen Y
                                                                    Gen X
20%                                                19%
                                                                    Boomers

15%

10%

 5%

 0%




                                                                              13
Leadership and Lifestage


Click to edit Master subtitle style
 60%           I want to be the leader of an organization some day
                                                                                         Male



 40%

                                                                                         Female



 20%




  0%
       Current Student Current Student   Young Singles   Young Couples   Young Familes
         Secondary     Post Secondary
           School



                                                                                                Page 14
HOW TO ENGAGE AND RETAIN THE
 NEXT GENERATION OF LEADERS




                               15
1) Understand Emerging
   Leadership Models




                         16
WWII Generation

Command & Control




                    17
1940s/50s

Click to edit Master subtitle style




                                      18
Boomer Generation

  Rights & Rebellion




                       19
1960s/70s

Click to edit Master subtitle style




                                      20
Nexus (Gen X)

   Freedom
   Diversity
   Celebrity
  Innovation


                21
1980s/90s

Click to edit Master subtitle style




                                      22
Who are Gen Y’s Model
      Leaders?




                        23
Question:

Who would you want to lead
      your island?



                             24
Boomers   Gen Y




                  25
Roget’s Thesaurus synonyms for
             “Leadership”


  administration, authority, command,
control, domination, foresight, guidance,
    hegemony, influence, initiative,
   management, power, preeminence,
 primacy, skill, superiority, supremacy




                                            26
Gen Y
Leadership Model

      Social
   Networked
 Interdependent
Shared Ownership
  Collaborative
                   27
Leaders




          28
Leaders



Followers

            29
Leaders




          30
Change-Makers

  Leaders

 Influencers

  Followers

                31
Change-Makers

  Leaders

 Influencers

  Followers

                32
2) Become an Advocate for young
   leaders in your organization




                                  33
2) Become an Advocate: know
and believe WHY you want and
need young leaders

 Click to edit Master subtitle style
• Why is developing young leaders important to your
  organization?

• What is the opportunity?

• What is the risk?




                                                      34
3) Build a culture of change makers




                                      35
Build a leader / change maker
culture


Click to edit Master subtitle style
• Current leaders need to publicly embrace ceding
  some control

• Step out and others will step up

• Give permission to fail and take initiative

• Allow people to be courageous


                                                    36
4) Clearly define the leadership
       value proposition




                                   37
Clearly define what it means to
be a leader in your organization


Click to edit Master subtitle style
• Develop a clear leadership value proposition
   – What does it mean to be a leader in your organization?
   – What are the benefits?
   – What are the trade-offs?


• Clearly outline the paths
   –   Create multiple leadership opportunities
   –   Communicate the benefits of leadership positions
   –   Provide flexibility in leadership paths
   –   Develop relevant identification processes for high potential
       leaders

                                                                      38
5) Build intergenerational mentor
             networks




                                    39
Build intergenerational mentor
networks


Click to edit Master subtitle style
• Establish pathways for cross-learning / reverse-
  mentoring to fully leverage knowledge base

• Demonstrate to Gen Y that they are valued and
  trusted by teaming them with senior personnel

• Reinforce social bonds




                                                     40
6) Enable young employee built
     and owned initiatives




                                 41
6) Enable young employee built
and owned initiatives


 Click to edit Master subtitle style
• Customer based innovation / co-development

• Enable and build relationships

• Allow them to actually influence change, succeed or
  fail




                                                        42
3 Questions to Ask Your Younger
         Team Members




                                  43
3 Questions to Ask Your
Younger Team Members


Click to edit Master subtitle style
• What do they think it takes to be a leader in your
  organization?

• What would stop them from becoming a leader in
  your organization?

• What could you do to help them become a leader?




                                                       44
CONTACT:

ERIC MEERKAMPER
PRESIDENT, DECODE
416-599-5400 (X30)
ERIC@DECODE.NET



JAY ROSALES
SENIOR MARKETING COORDINATOR
DRAKE INTERNATIONAL
416-216-1070
JROSALES@NA.DRAKEINTL.COM
WWW.DRAKE-WEBINARS.COM




                               45

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Building and retaining tomorrow's leaders

  • 1. Effective Ways to Build and Retain Tomorrow’s Leaders Presented by: Eric Meerkamper, President DECODE www.decode.net
  • 2. Click to edit Master subtitle style Eric Meerkamper eric@decode.net
  • 3. DECODE powered by deeper knowledge of young generations © Decode 2011 Page 3
  • 4. WHY IS ENGAGING AND RETAINING YOUNG LEADERS IMPORTANT TO YOU? 4
  • 5. Agenda Click to edit Master subtitle style 1. Addressing youth stereotypes 2. What young employees think about leadership 3. Six ways to engage and retain the next generation of leaders 5
  • 6. SO WHAT’S THE PROBLEM WITH YOUTH? 6
  • 7. How Youth are often portrayed Click to edit Master subtitle style “Gen Y has been pampered, nurtured and programmed with a slew of activities since they were toddlers, meaning they are both high- performance and high-maintenance.” 7
  • 8. How Youth are often portrayed Click to edit Master subtitle style “They're young, smart, brash. They may wear flip-flops to the office or listen to iPods at their desk.” 8
  • 9. How Youth are often portrayed Click to edit Master subtitle style “Are Millennials Prone to Cheating to Get Ahead?” - W.P. Carey School of Business 9
  • 10. What you might be thinking… Click to edit Master subtitle style • Is our future safe in their hands? • Are youth able and interested in leading? • How do we make sure they work with us, and not go around us? 10
  • 12. Gen Y wants to be Loyal I would like to find an employer where I could spend my whole career Click to edit Master subtitle style 70% 64% 60% 58% 58% 50% 40% Gen Y Gen X 30% Boomers 20% 10% 0%
  • 13. Youth want to lead Click I want to be the leader of an organization some day to edit Master subtitle style 45% 40% 40% 35% 33% 30% 25% Gen Y Gen X 20% 19% Boomers 15% 10% 5% 0% 13
  • 14. Leadership and Lifestage Click to edit Master subtitle style 60% I want to be the leader of an organization some day Male 40% Female 20% 0% Current Student Current Student Young Singles Young Couples Young Familes Secondary Post Secondary School Page 14
  • 15. HOW TO ENGAGE AND RETAIN THE NEXT GENERATION OF LEADERS 15
  • 16. 1) Understand Emerging Leadership Models 16
  • 18. 1940s/50s Click to edit Master subtitle style 18
  • 19. Boomer Generation Rights & Rebellion 19
  • 20. 1960s/70s Click to edit Master subtitle style 20
  • 21. Nexus (Gen X) Freedom Diversity Celebrity Innovation 21
  • 22. 1980s/90s Click to edit Master subtitle style 22
  • 23. Who are Gen Y’s Model Leaders? 23
  • 24. Question: Who would you want to lead your island? 24
  • 25. Boomers Gen Y 25
  • 26. Roget’s Thesaurus synonyms for “Leadership” administration, authority, command, control, domination, foresight, guidance, hegemony, influence, initiative, management, power, preeminence, primacy, skill, superiority, supremacy 26
  • 27. Gen Y Leadership Model Social Networked Interdependent Shared Ownership Collaborative 27
  • 28. Leaders 28
  • 30. Leaders 30
  • 31. Change-Makers Leaders Influencers Followers 31
  • 32. Change-Makers Leaders Influencers Followers 32
  • 33. 2) Become an Advocate for young leaders in your organization 33
  • 34. 2) Become an Advocate: know and believe WHY you want and need young leaders Click to edit Master subtitle style • Why is developing young leaders important to your organization? • What is the opportunity? • What is the risk? 34
  • 35. 3) Build a culture of change makers 35
  • 36. Build a leader / change maker culture Click to edit Master subtitle style • Current leaders need to publicly embrace ceding some control • Step out and others will step up • Give permission to fail and take initiative • Allow people to be courageous 36
  • 37. 4) Clearly define the leadership value proposition 37
  • 38. Clearly define what it means to be a leader in your organization Click to edit Master subtitle style • Develop a clear leadership value proposition – What does it mean to be a leader in your organization? – What are the benefits? – What are the trade-offs? • Clearly outline the paths – Create multiple leadership opportunities – Communicate the benefits of leadership positions – Provide flexibility in leadership paths – Develop relevant identification processes for high potential leaders 38
  • 39. 5) Build intergenerational mentor networks 39
  • 40. Build intergenerational mentor networks Click to edit Master subtitle style • Establish pathways for cross-learning / reverse- mentoring to fully leverage knowledge base • Demonstrate to Gen Y that they are valued and trusted by teaming them with senior personnel • Reinforce social bonds 40
  • 41. 6) Enable young employee built and owned initiatives 41
  • 42. 6) Enable young employee built and owned initiatives Click to edit Master subtitle style • Customer based innovation / co-development • Enable and build relationships • Allow them to actually influence change, succeed or fail 42
  • 43. 3 Questions to Ask Your Younger Team Members 43
  • 44. 3 Questions to Ask Your Younger Team Members Click to edit Master subtitle style • What do they think it takes to be a leader in your organization? • What would stop them from becoming a leader in your organization? • What could you do to help them become a leader? 44
  • 45. CONTACT: ERIC MEERKAMPER PRESIDENT, DECODE 416-599-5400 (X30) ERIC@DECODE.NET JAY ROSALES SENIOR MARKETING COORDINATOR DRAKE INTERNATIONAL 416-216-1070 JROSALES@NA.DRAKEINTL.COM WWW.DRAKE-WEBINARS.COM 45