I have mixed feelings about articles, like this one, that make generalizations about generations, in this case "millennials." I'd prefer to think that the changes in what motivates workers and what they expect from their employers are not limited to a particular generation, but indicative of a broad, cross-generational change in how and why we work. Still this article from Fast Company does point out some important ways in which organizations need to change. - Bob
From the article:
"Perhaps the greatest challenge for many companies, though, is breaking down hierarchies and creating far more two-way communication. Tom Kelley is a senior executive at one of the most innovative companies in the world, IDEO. He has also consulted extensively to corporations who want to become more innovative and so has a unique vantage point from which to view the kinds of changes that are required.
"At the senior management level in far too many companies," Kelley said, "there is this top-down attitude--the belief that all the worthwhile ideas are created at the top of the organization, and everyone else is just an implementer. The CEOs believe that they are better at everything than anyone else, and if only they had enough arms and legs, then everything would be more successful.
"The free flow of information up and down the organization is critical for innovation, but a top-down management style tends to severely restrict the emergence of any new ideas and inhibits the development of the 'collective wisdom' of the company."