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Innovation & Institutions, Will it Blend?
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Scooped by Deb Nystrom, REVELN
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Why We Must Invest In Millennials To Survive ~ What They Want in a Career

Why We Must Invest In Millennials To Survive ~ What They Want in a Career | Innovation & Institutions, Will it Blend? | Scoop.it

"Find out why understanding the Millennial generation is important, if not crucial to a business' survival."


No single trend has a greater impact on business, government or the role of technology in the world than the emerging millennial workforce. ...[They are the]...  largest purchasing class in the world.


Excerpted:


  • They are the first generation born into the mobile device. According to a survey, millennials would rather give up driving than their smartphone or laptop.
  • They are driven by purpose, rather than professional recognition.....they care more about making a positive difference than workplace recognition.
  • They ...they want a meaningful career....not old school companies.
______________________________
       
....millennial consumers don’t buy products, they buy experiences and they want easy access
       
______________________________
      

In his keynote, Bill McDermott said, “Millennials are disruptive and creative...They will define the future of work into an environment that is highly digitized, mobile, social and of course, sustainable  ... “dematerializing and demonetizing at a breathtaking pace,” impacting markets in a disruptive way.

    

....millennial consumers don’t buy products, they buy experiences and they want easy access to these experiences.

    

...almost every mobile device maker is now trying to capitalize on the next biggest idea – wearable technology.


Related posts by Deb:
     

3 Success Factors for High Performance Teams, and What Gets In the Way (includes interview with a Millennial)

       

3 Things That Cause Ethical Breakdowns in Workplace Culture: Timing a Reminder is Everything     

Deb Nystrom, REVELN's insight:

Juicy nuggets of trend watching on this generational keynote useful for innovation forecasting from SAP's business innovation blog.  

Do you agree with the characteristics listed for Millennials, dematerializing and demonetizing? ~  Deb

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Deb Nystrom, REVELN's curator insight, November 4, 2013 8:20 PM

Rescooped from my Innovation and Institutions curation stream.  Do you agree with the characteristics listed for Millennials, dematerializing and demonetizing and the statement of their huge impact as the "largest purchasing class in the world? " ~  Deb

Deb Nystrom, REVELN's curator insight, November 18, 2013 1:07 PM

Do you agree with the characteristics listed for Millennials, dematerializing and demonetizing and the statement of their huge impact as the "largest purchasing class in the world? "


From Careers & Self-Aware Strength which also features recent articles on creativity and the End of Jobs.    ~  Deb

Scooped by Deb Nystrom, REVELN
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Educate & Demand, to Create a Sea of Manufacturing Jobs | Innovation Excellence

Educate & Demand, to Create a Sea of Manufacturing Jobs | Innovation Excellence | Innovation & Institutions, Will it Blend? | Scoop.it

The author believes his suggested "approach has a balanced time horizon – fill manufacturing jobs now and do the long term work to create millions of manufacturing jobs in the future."


...Our time horizon is limited to the presidential election cycle – four years, but the manufacturing rebirth will take decades....who has a long time horizon and money?


The DoD has both.  ...Before you call me a war hawk, this is simply a marriage of convenience. ...there is no better option.


The DoD should pull together their biggest contractors (industry) and decree that the stuff they buy will have radically reduced cost signatures and teach them and their sub-tier folks how to get it done.


No cost reduction, no contract.


The DoD should educate...to reduce material cost, assembly time, supply chain complexity, and time to market and demand the suppliers. Then, demand they demonstrate the learning by designing the next generation stuff.


...the new technologies will spill into non-DoD world (broad industry application) and create new generation products and a sea of manufacturing jobs.

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Rescooped by Deb Nystrom, REVELN from New Work, New Livelihood, Careers
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Need a Job? Invent It & Learn from Finland

Need a Job? Invent It & Learn from Finland | Innovation & Institutions, Will it Blend? | Scoop.it
Finding a job is so 20th century. That is why young people today need to be more “innovation ready” than “college ready.”


We need lab schools where students earn a high school diploma by completing a series of skill-based ‘merit badges’ in things like entrepreneurship. And schools of education where all new teachers have ‘residencies’ with master teachers and performance standards — not content standards — must become the new normal throughout the system.”


Who is doing it right?


“Finland is one of the most innovative economies in the world,” he said, “and it is the only country where students leave high school ‘innovation-ready.’  They learn concepts and creativity more than facts, and have a choice of many electives — all with a shorter school day, little homework, and almost no testing.

[In the US, look at the] growing number of ‘reinvented’ colleges like the Olin College of Engineering, the M.I.T. Media Lab and the ‘D-school’ at Stanford where students learn to innovate.”

Deb Nystrom, REVELN's insight:

The new economy is not about corporate jobs.  Haven't we seen that coming?  ~  Deb

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Deb Nystrom, REVELN's curator insight, May 21, 2013 4:50 PM

Thomas Friedman is giving us perspective on what's here now and what's coming.  Solo-preneurs, entrepreneurs, the power of the network is becoming core to work in the new economy.   Hiding away in corporate job structures has been vaporizing, more quickly than the almost overnight shift from big cars to smaller ones in the 70s.  Are you ready?  Are your kids ready?  ~  Deb

 

Dominik Bláha's curator insight, September 24, 2013 3:45 PM

Yes!