By Carol Phillips*

At over 80 million strong, Millennials are a consumer market force today and will be even more important in the future. According to Alloy Media, the college market alone is made up of a record 16 million young adults with collective economic power of over $300 billion, $69 billion of which is discretionary. Yet economic clout is only the most rudimentary reason marketers should be paying attention to this cohort.  Young adults today have greater influence on consumer behavior than their enormous spending power even suggests.

The main reason Millennials matter to marketers is that they indicate future trends to a greater degree than young adults in the past. Here are a few reasons why:

• Technology proficiency has empowered Millennials to weild a disproportionate influence on the culture and on the buying decisions of other generations.
• Millennials are the first to put new technologies to use to make the most of their media time.
• Gen Y’ers are less impulsive shoppers. They place a priority on experiences rather than possessions, and are more likely to make every purchase a considered one.
• Gen Y’ers also display a distinct generational “personality” when it comes to responding to marketing programs and messages. Consequently, push marketing is on its way out, the new marketing is all about engagement, and much of the shift is due to Millennials.
• Finally, Gen Y cares more about the company behind the products they buy and the places they work. Corporate branding and brand architecture are more important than they have been in the past.

Here are a few of the Millennials trends I have been seeing lately.  I wonder how many will move mainstream?

1. TV is escaping the home. Many Millennials are talking about cancelling their cable subscription in favor of seeing shows via their Internet connection or on their mobile devices.

2. Nostalgia is Cool. Maybe it started with Toy Story 3 but Millennials are reconnecting with their childhoods.

3. Facebook Fatigue. Facebook fatigue has begun, or perhaps there are just better options now for connecting with friends. Long live text! (Until something better comes along).

4. Byte Sized: Posts are shorter. Texts are shorter. No one reads to the end.

5. Who Needs a Car? Many are forgoing a car in favor of less expensive and more environmentally conscious transportation.

6. Let’s Be Spontaneous! Last minute travel. Last minute dining. Who needs to plan? Text me!

What are you seeing? What trends are hot? What else is about to jump the shark?

*Carol Phillips is the president and founder of the brand strategy consulting firm “Brand Amplitude.” She is also a Professor at the prestigious University of Notre Dame. Carol began her career as a market researcher and strategic planner at Leo Burnett. Later, as an Account Director, she led agency teams at four different agencies – Y&R, Leo Burnett, Mullen and JWT – for a variety of clients including Sprint, Nextel, Ameritech, Heinz, 7UP, and Philip Morris. She blogs at www.millennialmarketing.com.

By Sarah Newton

I do think when it comes to managing Gen Y we are missing a trick.

We talk a lot about how Generation Y are good at asking for what they want and fantastic and speaking up, putting their work-life balance at the centre of what they do, all of which I think are great attributes.  However we don’t take enough advantage I think of their fairness attitude. Most employers find them very difficult to manage, purely due to their inability to get Gen Y to sometimes share another point of view, which I think is a youth thing rather than a Gen Y thing.

But I think the key could lie in something I learnt in police training. When doing my sergeant’s exam we had to do some hideous practical exams, where we had to deal with six role play situations, one after the other, while been assessed. I did so much training for these exams and passed really well, but the best piece of advice I got was, think in threes. That was when we were trying to get our point across to a PC, we were disciplined to think how it reflected on them, us and the organization as a whole.

This stuck with me and in my earlier worked with families in conflict, I would always ask people to think of what they wanted, what the other person wanted and then what the family wanted. It was always so successful at getting people to realize the complex relationships involved.

Recently, I have begun to use this in my work with young employees.  Since most of my experience lies in the catering industry, that is where I started. For example, time off in the catering industry is a real challenge due to the antisocial hours you have to work. The old pattern was, ask for time off, get refused and get mad. We simply changed this to having every conversation include another person and that third part was “the business”. So when an employee asked for time off the manager would say, “I would love to give you the time off, let’s look at what the business needs that day”. They would then sit down and just go through the business needs for that day, balancing that with what they both needed as individuals and come to a conclusion which, more often than not, was not favourable for the employee. What we found though was that suddenly, employees started to find their own solutions to ensure the business needs got meet, they stopped blaming the managers and feeling liked they were been picked on. By clearly stating the facts and appealing to Gen Y’s need for things to be fair, we solved a very contentious issue.

I continue to use this technique in other situations, but my sense is that it will work just as well, begging the question of whether Gen Y really are difficult or are we just not dealing with them in the best possible way?

By Carol Phillips*

Financial services are waking up to the potential of Gen Y consumers. Millennials may not have a lot of money now, but they are determined to pay down their debt and conserve resources for the future.  Coming of age in an era of massive financial uncertainty, they may even come to be known as “Gen Frugal”.

That’s good news for community banks and credit unions which are all about helping moderate income people responsibly manage their own money.

Last week I was interviewed by Myriam DiGiovanni of the Credit Union Times.  She wrote an article titled “Forget the Cool Factor, Focus on Millennials’ Needs” based on our talk. Here the full article (bold face mine):

Looking to engage meaningfully with younger consumers? Then stop assuming and start connecting through a common interest rather than trying to sell credit unions. “I think the main difference in marketing to Millennials and other generations is that they have great filters–they only see what they want to see. If you want to engage them, the message can’t be about brand but rather something they care about,” said Carol Phillips, president of consulting firm, Brand Amplitude, LLC. “It’s not about being hip but providing services they find useful now, like finding a job, figuring out how to finance their education or new business. They are starting out their lives at a difficult time and credit unions should credibly speak to that.”

She added that credit unions shouldn’t fall for the stereotypical myths surrounding this group such as they are all tech savvy–they are in fact tech dependent. Another myth is that they have money–many don’t and those that do are in saving mode or paying down debt said Phillips.

Forget about making the luxury appeal. When pricier purchases are made they tend to rationalize it based on whether it’s a good investment. According to Philips, for example, moving in with their parents is not viewed as an admission of defeat. Rather they see it as a strategy for saving.

Don’t look to the exclusive use of social media as a guaranteed in either. While they are very social, Millennials have close bonds with their parents, often consulting them regarding financial matters or major life decisions. Phillips said it’s yet another challenge because typically you’d market to the buying group, which in this case would include their trusted board of advisors consisting of parents, family members and friends. The key is for credit union to reach out and be a part of their world, and Phillips said initiating a conversation is a good start. Given the age span of the group is from 16 to 30 years old, she also advised credit unions to segment by interests. From there, credit unions can figure out how to connect in interesting ways whether around careers, music, causes or even sponsoring events that matter to them rather than talking about the latest checking product.

“Meaningful connecting requires recognizing that they are not the same as their parents. They do not respond to marketing, and that is the definition of different,” said Phillips. “Take time to understand who they are as people and introduce your services in context of what is relevant to them. Social media is about a humanization of the brand but is still just a tool [and] not a strategy. So be interesting, have a conversation.”

She added their values are no different than previous generations-they care about family, leading a good life, finding a fulfilling job and they want to give back.

One bank that seems to be getting it right with young adults is UMPQUA, a fast growing regional community bank in California, Oregon and Washington.

Their web site looks more like an ecommerce site than a traditional bank and they call their branches ‘stores’.  The language is plain English and yet stylish. The checking account featured on the home page is called HIP( for High Interest Paperless Checking) and offers 2% APR on  deposits and returns ATM fees. Nothing tricky about that!  News is broken out locally and is called ‘murmurs’. There are quick links to ‘deals and steals’, ‘reorder checks and supplies’ and ‘attend a neighborhood event’.  The navigation is straightforward as well and feels like you could do everything you need to do from opening an account to managing it to taking a loan, right from the web. There are spam alerts and interesting discussions. The site is very sticky and feels quite local, despite being spread across three states.

The short, awareness-oriented TV spots featured on the home page are cheerful, and perky, and not very ‘bank-like’ — “Bank on the Bright Side“, “Optimists Unite“, “Pursue Hopefulness“,  ”You deposit your check in the Northwest economy, like a gentle rain in a garden of courage“, “Optimists are just realists ahead of their time“.  The graphics and the voice over work together to create a hopeful feeling. I feel better just listening to them!

The part of the website I like best is under the tab heading ‘UMPQUA Life”. The sub categories speak directly to Millennial lives – Support, Belong, Discover, Inspire. The sub-subcategories  further emphasize local charitable and volunteer opportunities, neighborhood events and community responsibility. There are links to social media like Twitter, but they are discreet. The site itself  already feels like a social media site.  Even the history page is fun, with just the right information about the banks’ origins with emphasis on what it is doing in the community with music, eco-friendly programs and being included in Fortune’s Best companies to work for.

It should be noted that UMPQUA’s products are not all that special.  But, they are presented in a relevant and very accessible way that speaks directly to the Millennial mindset.

I suspect UMPQUA has been successful in attracting a higher than usual percentage of young adults and people who want banking to be less stuffy and more a seamless part of their lives. Other banks and credit unions could learn from their example.

*Carol Phillips is the president and founder of the brand strategy consulting firm “Brand Amplitude.” She is also a Professor at the prestigious University of Notre Dame. Carol began her career as a market researcher and strategic planner at Leo Burnett. Later, as an Account Director, she led agency teams at four different agencies – Y&R, Leo Burnett, Mullen and JWT – for a variety of clients including Sprint, Nextel, Ameritech, Heinz, 7UP, and Philip Morris. She blogs at www.millennialmarketing.com.

By Sarah Newton

As England comes home defeated from the World Cup, it becomes so obvious that there is lack of good talent coming up through the ranks of sport in the UK and it seems that this skill shortage is hitting hard.

My eyes were recently drawn to an article in Construction Manager (my hubby is in the field) entitled, “Industry is storing up trouble over skills shortage, reveals CIOB survey.” http://www.ciob.org.uk/resources/research

This survey reveals that the industry is laying the groundwork for an on-going skills crisis. A third of respondents  said that the recession had resulted in reduction in graduates at their firms, while 20.3% said it had stopped altogether, with 32.9% saying that apprenticeships were down and 17.5% stating that they had stopped apprenticeships altogether.
Lyne Crowe, regional manager of the recruitment consultant Hays Constructions, says that the industry sees graduates and recruitment as a major cost, rather than a long term investment.

While I know nothing about the construction industry, my guess is that this trend is far-reaching and worldwide.

To me, cutting down on employing fresh talent seems totally counter intuitive. Not only do we create future problems for ourselves in terms of skills, but we also cut out the new creativity, energy and enthusiasm that young fresh meat can bring.

As a company, when the going gets tough do you cut your most valuable resource, the young fresh talent? What can you do to make sure this doesn’t happen?

This is a post that I have wanted to write for so long and no, I haven’t been procrastinating, I just needed to get an inside ticket, so to speak.

In the UK there are a few amazing companies that have been started by Gen X ( of Gen Jones for those of you who are into generations in a big way) that are walking and living examples of how to run companies that Generation Y want to work for. However, there is no company that has done it better then the guys at Innocent Drinks. I have already talked about this company before. They are living, breathing examples of building a business based on real values through and through and Gen Y fall over themselves to get a slice of the Innocent pie. Richard Reed, Adam Balloon, Jon Wright, now 36, started their business in 1998 with a clear goal to get fresh healthy drinks out to the public, and they did it in a very quirky way.

I have always had a sneaky suspicion that these wonderful, rebellious, middle class Gen Xs, determined to do everything a different way, had built a company that not only appealed to but valued Generation Y’s qualities and that they had managed to build something quite unique, a company that values above all else its young employees. However, this was all just hearsay; I needed to see for myself, so after a few years of trying I finally managed to get a ticket to their AGM (a grown up meeting) where I, along with loads of other people, spent the day with the crew at Innocent.

Among what I can tell you is that this company has got it when it comes to Gen Y, but what is the IT? Well simply, a culture that allows their Gen Y employees to thrive. Their employees are passionate, committed, loyal and very efficient, going totally against the grain of how we think of Gen Y employees. So what have they done?

Well, walk into Fruit Towers and you know this place is different, from being greeted by a town crier to seeing the astro turf vans to the bean bags that adorned the floor and the bunting all around the office. This is a Gen Y’s dream and mine too!

Employees of Innocent do not sit in departments, they are all mixed around and there are no offices with shut doors. Most meetings take place in the very large communal area that resembles more of a 5th year common room, while looking at a screen adorned with grass and daisies. Their board of directors are actually called the “bored” by the staff and they meet in the “bored room”, which has “blah” written all over the walls. They give employees grants to do things that they really want to do, which they all vote on, the most recent being a remake of Thriller aptly called Chiller. You just get the impression that this is a great place to work.

They don’t stick Gen Y in a box with a list of tasks, they instil in them vision and then expect the results. They care about their staff, having pictures of them all as babies on the wall. They have sports clubs for the staff, a gym masseur, breakfast for everyone, Fridays evenings out, all giving a valuable message to their employees that they care about them as people. They appeal to Gen Y’s need for balance and they haven’t missed out the families too, giving employees an extra 5 days off if they get married and extra tax free money towards childcare. It is a Gen Y dream.

However, ask them how they created this culture and they will clearly state that it is all down to their amazing staff, even turning down TV opportunities to talk about the Innocent culture because it is not their job to tell others what to do . To them, it’s all about the people and they choose their people based on whether they fit with the values of the company and have the capacity to do well before they even look at their experience.

While I was there, someone asked if the innocent culture could be adapted to another business, which was a great question. I began to wonder if it could and came up with the conclusion that it would take a grounded, egoless, innovative person who did not feel it was their job to control how and what others did. To portray a culture that Gen Y love and admire, I even heard one employee say that they would have gone back to New Zealand ages ago, but just couldn’t leave Innocent. You have to be a very special person who cares as much about making relationships as you do about making a successful business and above all, thinks work is fun. I don’t know about you, but most people just are not brave enough.

By Carol Phillips*

The Internet is a modern day three ring circus: there’s something cool going on everywhere you look. According to Comscore, 45% of all page transitions are ‘link following’. Every web page offers multiple enticements to move on. To create interest, you must say something worth staying with, in other words ‘relevant’.

Keeping Gen Y’s attention in an environment defined by distraction requires being ‘interesting’.

Gen Y blogger, Meg Roberts, wrote an article titled “How I would market to myself’ in which she offers this advice:

“Focus on adding value rather than overloading on content. The best way to ensure we’re listening to your messages is to make them relevant to us.  Learn why we’re in a given community, whether it’s Facebook or Twitter or an iPhone app, and speak to us without severely interrupting what we’re doing .”

Note the words “without severely interrupting”. When creating messages for Millennials, it’s important to ask whether or not the message meet the test of whether it’s worth interrupting.

If a friend wouldn’t interrupt than a marketer shouldn’t either.

For Millennials, interruptions are the height of rudeness. There is a hierarchy of communications. A phone call is highly interruptive – and it’s little wonder that Millennials make very few phone calls. Phone calls are reserved for very important conversations, like telling your parents you need money or will be traveling to Puerto Rico rather than home for spring break. For less moments communications, which is to say most communications, they rely on texts.  A teen sends hundreds of texts a day. Texts are less intrusive than phone calls and yet still has urgency. Email is even less intrusive than texts. Email is used when a message is not time sensitive or does not require an immediate response.

Is it Relevant, Cool or Exciting?

Another test for relevance is whether a communication is ‘status update worthy’. As Gen y marketer and community member, Josip Petrusa, puts it this way:

“One thing we love to do is tell the world when something cool, great or exciting is happening to us. In a sense, we love to brag for attention. You’ll always hear about the vacation we’re going on, the sports event we’re going to, the movie we’re seeing, the concert we were at and I could go on and on. Make it something that will give me a reason to tell everyone else about it. A funny and ridiculous video-clip, a great experience or something that even seems exclusive, would all be status update worthy.” You have to reinvent cool, great and exciting.”

What’s In It for Me?

There is a myth that Millennials don’t like advertising. Actually this isn’t true. They like ads that are entertaining or funny, especially for brands they already love. They love the iPad, Axe and current Kindle ads.  These are ads that give back something in return for attention.

The Associated Press (AP), a group with a vested interest in Millennials’ interest in news and ads, released a study in March that looked at ‘news ad fatigue’.  The study took an in-depth, ethnographic approach that focused especially on people 18-34. The research concluded that consumers are “tired, even annoyed, by the current experience of advertising,” and that, as a result, “they don’t trust very much of it“.

Younger consumers, ages 18-34, want to be in the know, and two thirds think it’s important to be among the first to hear news compared with just 10 % of older people. Millennial consumption of news is actually increasing. According to  McKinsey the average person consumes 72 minutes of news a day, compared with just 60 minutes in 2006 and the increase was driven almost entirely by people under the age of 35.

Young adults have adopted ways of getting their news that are much different from those of past generations. Younger consumers are not only less reliant on the newspaper to get their news; they also consume news across a multitude of platforms and sources, all day, constantly. They also think of each other as their main news source.

Here’s a description of how “Mark”, a 28-year old manager of an online travel agency consumes media.

“Mark’s news cycle was continuous and he spent up to six hours a day searching for and receiving information. Mark was on the Internet most of the day and used that time to keep up to date on news coverage and sports-related information. Mark liked his news to be “punchy” and pointfocused. He read the headlines followed up online to “find out what’s happening” with stories that he wanted to track. Mark’s news consumption was related to other activities that he was engaged in and although he was actively consuming the news, it was almost always in tandem with other activities such as driving or working…

You may be surprised to learn,  that brands do not do all that well in social media among Millennials. Only 12% have ‘friended ‘ a brand on Facebook. Only four brands on Facebook have more than five million ‘liking’ – only 16 have more than 1.5 million.  22% of Millennial use Twitter, a small number to begin with, but of those, only 29% follow companies.  Friending a brand is a high hurdle. In terms of Facebook fans, the numbers are even lower. Just 2 brands have more than 5 million fans on Facebook, Starbucks and Coca-cola.

So what do they find relevant?

It will probably come as no surprise that the main reason to join a fan group on Twitter or Facebook is to get news or discounts. Here according to a Pace University study are the top reasons to fan a brand on Facebook:

• Getting news or product updates (67%)
• Having access to promotions (64%)
• Viewing or downloading music or videos (41%)
• Submitting opinions (36%)
• Connecting with other consumers (33%)

Meg Roberts concurs. Her blog post, “How I would Market to Myself”, goes on to offer this advice about  ’free stuff’ and interacting with her favorite brands.

“We’re just out of college.  Loan payments are becoming a harsh reality.  If you want us to try out your brand, give us some free samples or coupon codes.  Plus, if a company could build an entire online community based on the loyalty rewards system, I’d probably check it out to see what other users are saying about new products/sales/coupons/etc.”

“Don’t use social media as a billboard but as a telephone. Social media should be an interactive tool, and when your consumers speak, listen and respond. In my experience, the most successful Twitter accounts and Facebook fan pages are those that go beyond simple @replies and wall posts. Ask questions, get our feedback, and implement changes. Everyone likes to have their ego stroked, right? Brand consumers, especially Gen Y ones, are no different. What feels better than having a company listen to reasonable, quality recommendations we’ve made?”

*Carol Phillips is the president and founder of the brand strategy consulting firm “Brand Amplitude.” She is also a Professor at the prestigious University of Notre Dame. Carol began her career as a market researcher and strategic planner at Leo Burnett. Later, as an Account Director, she led agency teams at four different agencies – Y&R, Leo Burnett, Mullen and JWT – for a variety of clients including Sprint, Nextel, Ameritech, Heinz, 7UP, and Philip Morris. She blogs at www.millennialmarketing.com.

By Sarah Newton

There has been little talk up to now about Gen Z, but I can see a few things coming up through the ranks. A recent post has claimed that they are more like Gen Y than Gen Y. Saying that, they are more connected and more comfortable with technology – well of course it is all they have ever known! At 9 years old, my daughter has her own web show, her own Skype and plays computer games while talking for hours to her pal over the Internet.

However, to me this is a little on the surface for Gen Z. Because they have mainly Gen X as parents, they have something that Gen Y did not have and that is realism.

While the Baby Boomers molly coddled their little Gen Y, Gen Z will have none of that!

Their Gen X parents have taught them to stand up for themselves rather than fit in. They have taught them to toughen up, as life is not fair (a favourite saying of Gen X). They have taught them to be individualistic and rebel, so while they may appear similar to Gen Y, they are entirely different.

They are more cynical; you only have to read my daughter’s account of a cleaning product (http://genyguide.com/the-world-from-the-eyes-of-generation-z/) to understand that. They demand structure and will no longer just get excited by an idea; the Coca Cola Happiness video taught me that. http://genyguide.com/gen-y-gen-z-viral-video/

And if we look at Howe and Strauss, (and while I love this I appreciate that others don’t) we find that they are the next artist generation.

Artists are subtle, indecisive, emotional and compromising, often having to deal with feelings of repression and inner conflict. They grow up as the over-protected children of a Crisis, come of age as the sensitive young adults of a high, rebel as indecisive midlife leaders during an Awakening, and become the empathic elders of an Unravelling. The Silent Generation is an example of an Artist generation. The ingeneration (the term coined by Larry Rosen in his book Rewired: Understanding the ingeneration and the Way They Learn) is expected to emerge as the next generation of this example.

So they are not the Heroes Generation as Generation Y is. Their passing may bring little of note, but you can guarantee they will bring structure and a sense of stagnation, which may be a good thing. One thing is for sure, this generation will be the most family-connected generation ever and in my opinion are much more likely to make a loyal and committed workforce.

By Carol Phillips*

Nearly 20 years ago, William Strauss and Neil Howe wrote a book that theorized a 22 year generational cycle based on repeating generational archetypes called simply “Generations“. They called these cycles ‘turnings’. Children raised during a particular Turning share similar historical and cultural experiences, which results in their being like each other, and different from other generations. This was to my knowledge the first appearance of the word ‘Millennials’.

A chapter that begins on page 335 of 427 (paperback version not including Appendices and Sources), is titled “Millennial Generation”.

What makes this chapter on Millennials so fascinating twenty years after it was written is how uncannily it matches what we know to be true of how Gen Y is different from preceding generations.

Part of the reason for its accuracy is that the demographics of this generation were fairly predictable, even in 1991, and demographics are one of the forces that shapes generations. Strauss and Howe were able to accurately project the likely size (76 million) and make up (12% immigrant) based on fertility and immigration trends, even though only 33 million of them were alive when the book was published.

The authors were also tuned-in to the major shift in parenting and education as a cultural priority that was already underway by the early 90’s. This shift would prove to have a remarkable impact on Millennial self-perceptions, aspirations and values. Nearly twenty years ago they noted that “this new generation of children is being treated as precious” and “Boom parents and teachers have also been slowing down the childhood development clock — unlike the Silent, who sped it up.”

“First-wave Millennials are riding a powerful crest of protective concern, dating back to he early 1980s, over the American childhood environment. In1981, the year before the “Class of 2000″ was born, a volley of books assaulted adult mistreatment of children through the 13er (Gen X) birth years. Within the next couple of years, other authors began reconsidering the human consequences of divorce, latchkey households, and value neutral education.

In 1984, two kids as devils movies flopped at the box office, marketing the end of a dying genre and the start of a more positive film depiction of children.

From 1986 to 1988, polls reported a tripling in the popularity of ’staying home with family’….In general, Boomer parents are determined to set an unerringly wholesome environment for their Millennial tots.

Where Silent parents had brought 13erkids along to see $-rated movies made about them, Boomers take the Millennials to see G-rated movies made for them.””

“From 1976 through 1988 the proportion of students held back in elementary school jumped by one-third.”

One of the central tenets of the book is that the fourth generation in each cycle, the “Fourth Turning”, tends to be more civically minded and engaged. They look for signs that yesterday’s fourth graders might be more evolved as citizens and found it in Anna Quindlen’s observations that kids seemed to be “assimiliating society’s ’shalt nots’ about crime, drugs, polution and education with disquieting energy and unanimity.” (page 341) Twenty years later, we know from the research that today’s young adults are much more ‘upright’ than earlier generations in terms of their overall optimism, attitudes toward the environment and social action and behavior regarding drug and alcohol use, teen pregnancy, and crime.

What Howe and Strauss could not have known in 1991 was the remarkable impact that technology and the most severe economic recession in over 60 years would play in shaping this generation.

Beyond demographics, two of the forces that are shaping up to be the most influential are easy access to information of all kinds and a realization that America’s high flying lifestyle is most likely unsustainable. They have already resulted in a more empowered, yet sobered, generation that is exhibiting very different consumer and media behavior as they move into their prime earning years.

BrandAmplitude’s latest ebook (“ How Millennials Are Different“) is focused on spotlighting the ways that Millennials are different from generations that came before at the same age. The book, which zeroes in specifically on longitudinal data from Pew Research and other sources, shows Gen Y is different in many significant ways, only some of which were predictable in 1991.

Nevertheless, what Strauss and Howe foresaw about how Millennials would be different from preceding generations based simply on cultural and demographic trends, they got remarkably right.

*Carol Phillips is the president and founder of the brand strategy consulting firm “Brand Amplitude.” She is also a Professor at the prestigious University of Notre Dame. Carol began her career as a market researcher and strategic planner at Leo Burnett. Later, as an Account Director, she led agency teams at four different agencies – Y&R, Leo Burnett, Mullen and JWT – for a variety of clients including Sprint, Nextel, Ameritech, Heinz, 7UP, and Philip Morris. She blogs at www.millennialmarketing.com.

As you may or may not know, as I write this the UK is going through a political stalemate, with no stable government and all the parties trying to decide if and how they will form a government. The UK look on in disbelief, not quite knowing what to do. (We now know they have formed a coalition government)

This election was unprecedented in most of our lifetimes and has ended with a hung parliament, meaning that no party has an overall majority to run a stable government.

For the first time in UK politics we had televised debates, which did really shake up politics and really woke the youth up when it came to political reform.

However what happened on Election Day was a real blow for Generation Y and may have been the first time they felt massively let down. After seeing the impact of the youth on the Obama election, they must have felt they had a chance to change things. And as they all rallied around the party that normally came third, they were devastated when an exit poll revealed that this party would lose seats and the party they despised the most would get the most seats. Furthermore, when the exit poll became true, twitter came alive with their displeasure.

Firstly, the fiasco of polling stations having to be shut with queues of people outside and some places running out of ballot papers put them up in arms. Was this really democracy? The challenge for them was that since most of them had gone to vote late, this mainly affected them.

A generation used to having a say, encouraged to have a say and used to being heard were suddenly helpless. And as the dust settled and they looked at the figures, they began to shout very loudly for political reform. How could a party that 64% of the public voted against and had no representation in Scotland and only a bit in Wales be representative of the United Kingdom? How could a party that only had 8% more of the vote have 200 more seats and how could people voting for a party go up yet their seats go down? How could this be fair?

And they were right, it is not fair. They quickly got the figures together and sent them around Twitter and Facebook.

Party Votes per seat – Conservative 34,989. Labour 33,350. Liberal Democrat 119,788

Seeing how unfair this was, they demonstrated and pleaded with the leader of the party they had adopted to push for electoral reform.

Way this election has empowered the youth is so evident. It has empowered them around fairness and equal rights and they are not staying quiet.

So, the message to businesses and people dealing with Gen Y is this.

Ensure your dealings, policies and rules are fair. Ensure that they are not based on outdated tradition and ensure they give the youth as much of a say as anyone else.

By Sarah Newton

Generation Y employees are always being discussed and yet again, more research has the papers saying yes, they do have a sense of entitlement.

There is a post that says:

“Gen Y workers get a bad rap in the workplace, with many a geezer complaining that their work ethic is less developed than their sense of entitlement.” But is that really fair?

Yes, according to new research that has yielded actual data to back up that notion.

In a series of studies using surveys that measure psychological entitlement and narcissism, University of New Hampshire management professor Paul Harvey found that Gen Y respondents scored 25 percent higher than respondents ages 40 to 60 and a whopping 50 percent higher than those over 61.

In addition, Gen Y’s were twice as likely to rank in the top 20 percent in their level of entitlement – the “highly entitled range” – as someone between 40 and 60, and four times more likely than a golden-ager.

And if you think the Gen Yers in your workplace are oversensitive as well as entitled, Harvey’s findings back that up, too. Today’s 20-somethings have an “automatic, knee-jerk reaction to criticism,” he says, and tend to dismiss it. ”

I do think however that the entitled label can send a very negative vibe to potential employees. I like to think of them as expecting the best and wanting more, which I think is a good thing for business and organisations, who so often get away with treating graduates very badly. I was talking to my Dad the other day, who used to train graduates at a top US company and the stories of how they used to make their youth work all the hours that God sent were painful to the ears!

I don’t think Gen Y are entitled, I just think they care about their free time and value themselves, which cannot be a bad thing.

However I think that what can seem an entitled attitude can be a challenge for most employees.

So how do you handle it? Well first, as I have mentioned before, I think you need youth-friendly places but I also think handling this problem can be as simple as using their strengths, for example, their spirit of collaboration.

If you present something as a problem that you need to solve as a team and ask them the best way to meet the objective, you are more likely to get their buy-in. So a “Right, this project needs to be completed for tomorrow, so we are all in for an all-nighter!” would become, “Right, we have an extremely tight deadline on this one, tomorrow morning. How can we work together to sort this out?”

If we focus on what is bad about Gen Y, then that is what we will get, but if we focus on their strengths of collaboration, innovation and creativity, we may just get the very best out of them.