What do tomorrow’s leaders think of business today? That is the question Deloitte explored in their fourth annual Millennial Survey. Deloitte discovered many generation gaps including that Millennials believe business should be focused on people and purpose, not just products and profits in the 21st century.
Deloitte surveyed 7,800 of tomorrow’s leaders, from 29 countries, on effective leadership and how business operates and impacts society. The findings revealed that business, particularly in developed markets, will need to make significant changes to attract and retain the future workforce. Here are a few of the specific findings...
- Millennials overwhelmingly believe (75%) businesses are focused on their own agendas rather than helping to improve society.
- Only 28% of Millennials feel that their current organization is making full use of their skills.
- More than half (53%) aspire to become the leader or most senior executive within their current organization, with a clear ambition gap between Millennials in emerging markets and developed markets.
- Sixty-five percent of emerging-market-based Millennials said they would like to achieve this goal, compared to only 38% in developed markets. This figure was also higher among men.
- Large global businesses have less appeal for Millennials in developed markets (35%) compared to emerging markets (51%).
- Developed-market based Millennials are also less inclined (11%) than Millennials in emerging markets (22%) to start their own business.
Question: What stands out the most to you in this study?
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