Foreign.
Speaker AHello.
Speaker AWelcome back to the Promoted podcast, the podcast that helps you get promoted and be great when you get there.
Speaker AShout out to one of my listeners, actually, who messaged us last week saying that she has had a promotion and a pay rise.
Speaker AAfter listening to this podcast, I feel like, Renee, if we could have one person.
Speaker AThat is an incredible, incredible achievement.
Speaker ASo we're happy to keep going.
Speaker AFor all of you out there looking to get a promotion, I'm your host, Felicity Furey, co founder of We Aspire, and I'm joined by the incredible Renee Wootton Tomlin, aerospace engineer, pilot, speaker, all things sustainable aviation fuel, working for Lanzajet.
Speaker ARenee, great to have you back on the show.
Speaker BListen, so good to be here and also, like, so awesome to hear about who is actually benefiting or, like, finding value in what we're talking about.
Speaker BSometimes we really do just, like, you know, throw out some of our experience and we hope that they land well for our listeners and we hope that people benefit from some of the things that we're sharing.
Speaker BSo it's really cool to hear when people are benefiting and, like, they're finding whether it's the confidence to ask for promotion or, you know, standing up for themselves or building businesses that, like, really, you know, help them achieve their passion, it's just the best.
Speaker BSo shout out to our listeners to say that, you know, if you do have some feedback for us, good or bad, we'd love to hear it.
Speaker BLike, how are these helping you?
Speaker BAnd also, do you want to, like, you know, have speak about something that's affecting you?
Speaker BToday we do a segment called the Promotion Pickle.
Speaker BWe'd love to know what your pickle is.
Speaker BSo please write into us.
Speaker BFelicity.
Speaker AYes, please let us know.
Speaker AYes, I love, we love, love, love getting feedback DM us on LinkedIn.
Speaker AThat is the best way to get in touch.
Speaker AAnd yeah, whether it's a question, a story, or maybe you tried something and it didn't go well and would love some advice.
Speaker AWould also love to hear that today we have got a juicy topic for you.
Speaker AWe are talking about how to manage millennials.
Speaker AMillennials are the largest cohort in the workplace.
Speaker AI can put my.
Speaker AI am one of them.
Speaker AI was recently speaking with a client where we're helping them at one of their big conferences to talk about managing millennials.
Speaker AAnd they said the young one.
Speaker ASo I said, oh, I'm a millennial.
Speaker AI like that.
Speaker AI'm still classified as young.
Speaker ABut we know there are a lot of organizations, people out there who can find this generation tricky to manage where the generation that has was born without a lot of technology and we've had to figure out how to use it day to day.
Speaker ABut I think it's also a really interesting time for this cohort because like we actually briefly mentioned on the last episode, a lot are wanting to buy a house.
Speaker AThey're saving their money.
Speaker AIt's a different financial time compared to previous generations like Gen X or baby Boomers.
Speaker AWe're also in that phase of starting families and going into leadership positions.
Speaker ASo I feel like it's crunch time for Millennials, but I feel like there are some interesting trends that are emerging as well.
Speaker AI know a lot of my millennial friends have said I don't want to take on a promotion because I don't actually want that extra responsibility.
Speaker AI've crunched the numbers.
Speaker AI'm only going to get an extra like 50 buc week.
Speaker AI don't want to be a team leader and have to deal with all of that chaos.
Speaker ARenee, what are the trends that you're seeing around Millennials?
Speaker AI'm imagining that you are managing some in your current role at Lanzajet.
Speaker BYeah, Millennials.
Speaker BI mean, I'm one of them as well.
Speaker BI self identify as a millennial and actually maybe I'll just speak to part of the experiences I've had being managed as a millennial.
Speaker BAnd what I've noticed that comes up for me, I think that generally Millennials are very tech savvy, right?
Speaker BLike we've grown up with the evolution of Instagram, LinkedIn, Facebook.
Speaker BWe have been early adopters of those platforms and so we're generally pretty proficient when it comes to digital uptake.
Speaker BAnd so with that, I think the Millennial generation are kind of the first digital influences.
Speaker BAnd so what I've seen in my personal career is I'm holding this job.
Speaker BI've been employ an employer.
Speaker BGenerally, what happens when you are employed by someone, particularly as you become more more senior and hold executive roles, you generally are only allowed to be employed by one employer.
Speaker BWhich means if you're self employed or have a side hustle, suddenly that can come into competition.
Speaker BAnd I've certainly seen that running my own personal speaking business and then also representing a major brand at the same time.
Speaker BAnd so the challenge that I have seen with that is it can come into conflict around your digital footprint.
Speaker BThe way that you're influencing audiences, the values that you have and what you stand up for, advocate for can at times be either in conflict with your employer or the perception is that you might be Working more on your own self employment rather than for the business because of what they're seeing digitally.
Speaker BAnd it's such a tricky thing to navigate.
Speaker BI have had to navigate that my whole career.
Speaker BAnd I've done that through things like a secondary contract where I've had to, you know, sign, whether it's a formal agreement to say these are the terms in which I'm going to be operating my business, or, you know, literally having to negotiate doing public speaking and how I can bring in my employer's brand within that.
Speaker BSo that's been something that I found particularly tricky as a millennial.
Speaker BSo managing a millennial from that standpoint, I think that that could be really challenging is people are making money off of, influencing off of advertising, off of their own personal brands these days.
Speaker BAnd that is something that's been really big and emerged in our generation.
Speaker BWhat do you think, Felicity?
Speaker AI definitely had that experience as I love that perspective of being a millennial who's been managed by people of different generations.
Speaker BYeah.
Speaker AOh, my gosh, that's so happened to me.
Speaker AAnd it has been tricky where I have worked with some global organizations, a lot of companies I've worked with organizations, and that brand is really, really important to them.
Speaker AOne thing I have actually loved, which I forgot about in running my own business, is that I get to say whatever I like online or in my speeches.
Speaker AAnd there's no boss coming up and tapping me on the shoulder going, you can't say that.
Speaker AAnd I know at one time I was doing a lot of media, which is fantastic to get for our charity, and it was really helpful for the organization because their name is getting mentioned, the media, a lot is associated with it.
Speaker ABut it did come to a point where I had to get media approved.
Speaker AAnd that became quite tricky because I couldn't just say what I wanted anymore.
Speaker AAnd they really wanted to script what I was saying, what I was talking about.
Speaker AAnd I had to get things approved.
Speaker AAnd that was very.
Speaker AI understand why they would want to do that and make sense.
Speaker AThey want to protect their brand.
Speaker ABut then it also became quite constraining and scary for me because I didn't want to say the wrong thing.
Speaker AAnd it made it really quite difficult to talk to the media and also have that employment.
Speaker ASo that's something that I found, you know, you've got to be really upfront and negotiate.
Speaker AI've got these things that I'm doing on the side.
Speaker AAnd the more I was doing speaking, running the charity, the more I would say to my employer, hey, I'M doing these things on the side, is that going to be a conflict?
Speaker AAnd being really upfront about it, how I personally navigated that was that I would do a 0.9 FTE or 0.8 FTE where I'd have a day off.
Speaker AI'd usually have Fridays off.
Speaker AAnd during that time, that's when I would spend on my business or I would do a paid speaking engagement.
Speaker ASo it definitely wasn't that conflict between my employer and my extra employer employment on the side.
Speaker ABut I think it really points to that.
Speaker AMillennials are really purposeful, and I think that's something to keep in mind when managing Millennials.
Speaker ABut I feel like also, you know, the next generation as well, Gen Z also really big on purpose.
Speaker ASo I think if you are managing millennials, something that I found really helpful is talking about the why of projects, the why of a company strategy.
Speaker ASo I can go, oh, here's how I fit in that why.
Speaker AHere's how I can take that on board, and here's how that relates to me personally.
Speaker AAnd I think a great person who talks about this was actually Dean Boxel.
Speaker AHe came to one of our executive lunches.
Speaker AHe's come to a couple, actually been very fortunate to have him as a speaker for We Aspire.
Speaker AAnd he manages very young people.
Speaker AHe's got teams of swimmers who are like teenagers, right?
Speaker AAnd he's won.
Speaker AHis team, has won gold medals at the Olympics.
Speaker AAnd it was fascinating to him to talk about what are the motivators and what drives his swim team.
Speaker AAnd there are a whole range of different motivators.
Speaker AThey actually work as a squad, as a team, and then he coaches.
Speaker ACoaches them individually, and he has a personal strategy for each person, and it is quite different.
Speaker AOne thing that's out to me that he said was he had a guy in the squad who was just said, I just want to go to Japan.
Speaker AAnd that was his reason for training for the Olympics in Tokyo.
Speaker AAnd Dean thought, you know what, you could just book a flight and go to Japan.
Speaker AYou don't have to go through grueling two sessions a day training to do that.
Speaker AHe didn't say that to this person.
Speaker AHe went, okay, that's his goal.
Speaker AFantastic.
Speaker AThen I'm going to empower him and support him.
Speaker AAnd that's something that I've always done, especially when it comes to something like power of engineering.
Speaker APeople have said to me, hey, I want to get involved, I want to volunteer.
Speaker AObviously, I don't have a paycheck to reward them with for their time.
Speaker AThey've got to have a really good reason.
Speaker ASo it's the first question I ask people in my team.
Speaker AWhy are you here?
Speaker AWhat's your purpose?
Speaker AWhat is your goals?
Speaker ASometimes it is, I really want to learn how business works.
Speaker AI really want to understand being on a board.
Speaker AI really want to figure out STEM education.
Speaker AI want to give back.
Speaker AThey have a whole range of different reasons and I feel like it's my job is their quote unquote boss to actually be able to provide that for them.
Speaker ASo I think when you can hook into that purpose and really bring that front of mind, whether it's in your regular catch ups or if it's a personal goal like buying a house that seems like a pretty great one to tie to to work and income and promotions, then that's really purpose related as is that something that's made a difference for you, Renee, in managing Millennials or being managed as a millennial?
Speaker AOr would you say there are other things that can help with motivation and driver work?
Speaker BYeah, absolutely.
Speaker BSo I think a couple of things that you said really resonate with me.
Speaker BSo work preferences.
Speaker BFlexibility has probably never been a priority like it is for the Millennial generation.
Speaker BI'm talking about being a parent, drop offs, pickups and for school.
Speaker BSo I've seen a lot of millennials in my generation leave work or come to work earlier or later to suit those work preferences and to have that flexibility in their personal lives.
Speaker BI love what you said around being a 0.8 or 0.9 FTE full time equivalent.
Speaker BSo that really speaks to the fact that people would rather earn less money to increase their flexibility, to be able to to run their own businesses or spend their time outside of work on other projects that really are important to them.
Speaker BSo I think again, you know, don't be surprised if a millennial comes to you and asks for less time at work or you know, part time circumstances or the flexibility to start work earlier or later to suit their personal circumstances.
Speaker BAnd to be honest, I would also say that there is probably this immense confidence and expectation now, particularly post Covid where if an employer does not offer that flexibility, like Millennials would walk.
Speaker BAnd I'm probably one of them.
Speaker BIf I had to turn up at an office five days a week and work nine to five, I think that I would literally not accept that job these days because I've got other things that I want to be doing.
Speaker BI, you know, I'm still committed, I still am very much able to deliver on my job.
Speaker BBut I want the flexibility to be able to do that how I want, in the ways that I want.
Speaker BAnd yeah, I've certainly seen that across the board.
Speaker BYou know, you're another great example of that, Felicity.
Speaker BWhen you were working for an employer, you know, you were raising a family and making things work flexibly so you could run a business as well.
Speaker BSo definitely a great call out there.
Speaker BThe other part that really resonated was purpose driven work.
Speaker BSo our generation, the millennials, I think, are very big on making sure that the work that they are doing resonates the impact in a lot of instances too.
Speaker BSo whether that's climate change, sustainability, or just looking at, I guess, other social issues and purpose driven work.
Speaker BSo running a charity is a great example of that.
Speaker BHow do we think about, again, offering the flexibility so that people can contribute to bigger causes?
Speaker BOr you'll find that a millennial will join your company because of the values alignment that you have.
Speaker BSo suddenly, corporate values, right?
Speaker BWe saw them emerge in the last 20, 20 years where corporates will come out and say, our brand represents these values.
Speaker BThey've got them on their public websites.
Speaker BIt's a part of, you know, the, whether it's the brand colors or, you know, the initiatives they support or the community funding that they provide, generally their values are aligned with social impact as well.
Speaker BAnd that has also come with the emergence of an ESG strategy where there is an expectation that organizations now operate ethically and have, have social acceptance, so the community backs them, they're happy for them to operate in the way that they do, and that that community is also supported by the presence of that organization.
Speaker BSo what we're seeing is this emergence of value provided both ways to community from organizations and then from community to organizations, whether that's, you know, the employer employing people in the community, and then giving back to that community through grants or charity work or turning up at certain events.
Speaker BNow, I would say in a lot of instances, and we've talked about this in other episodes as well, Felicity, where ethics and values don't always align in companies.
Speaker BAnd so what I've seen is the emergence of employees holding employers accountable to their values and walking away where they do not align.
Speaker BGreat examples that I've seen is first nations men and women and anyone really that walk into an employer, it might be a major mining firm or a large infrastructure provider.
Speaker BAnd they say that their values are to protect country, to work with community, and to provide a safe place for people to come in and work.
Speaker BAnd then what we're also seeing is the contradiction of those values where Employers aren't protecting country, aren't looking after community values.
Speaker BAn example of that might be they want to build a huge piece of infrastructure within a local marine system, which is going to devastate the biodiversity there.
Speaker BIt's going to pollute the area.
Speaker BAnd also, that area is near native first nations lands.
Speaker BNow all of a sudden, we're seeing millennials walk in and say, well, hang on a second.
Speaker BYou said that your values are X.
Speaker BYou're now running a project that contradicts those values.
Speaker BI will not work with you anymore.
Speaker BAnd I love that.
Speaker BI love that there is this sense of ethical conviction that millennials are placing on employers.
Speaker BBecause what we've seen for the last hundred years of the way that major corporates or organizations operate is they take advantage of the resources around them for profit and commercial value.
Speaker BAnd I think that our generation is doing such a fabulous job in trying to turn that around and say, hey, we have an ethical responsibility to operate in this community.
Speaker BHow can we do better at that?
Speaker BSo, yes, that's my takeaway.
Speaker BI love millennials.
Speaker BHow good are we?
Speaker ASo true.
Speaker AI think, yeah, absolutely.
Speaker AWe've gone from like, work and then life is two separate things.
Speaker AAnd then my mentor put it so well of it's now work.
Speaker AIt's not like work life balance, it's work life integration.
Speaker AWe're integrating work and life and all of those things together.
Speaker AAnd yeah, totally agree.
Speaker AI've seen people walk away from employers because they're not doing the thing being aligned to their values.
Speaker AAnd I think also call out the Work 180 website is a fantastic way to see if there are organizations doing things like the flexibility arrangements you want, the parental leave, you want it.
Speaker AActually, it's a job board which shows you what companies are doing in terms of those kinds of things which give those flexibility options.
Speaker AAnd so I think making that publicly available, even publishing, you know, with Wijia publishing, the gender equity stats we're seeing, it's becoming really transparent around what companies are doing.
Speaker AAnd I agree.
Speaker AI feel like people aren't tolerating that.
Speaker ASo whether you're.
Speaker AYou are a millennial or you're managing them, we hope this episode has helped you and supported you in manage them.
Speaker AI'd love to hear from our listeners.
Speaker AGen Z. I feel like that's a whole other kettle of fish.
Speaker ARenee.
Speaker AI'm probably going to do some research.
Speaker AI feel like I'm not yet equipped to manage Gen Z.
Speaker AMaybe just go, you know, humans are humans.
Speaker ABut I'm really fascinated to see what they're going to bring because I feel like they're going to disrupt it even more in terms of that social response, corporate social responsibility, than even the millennials have seen.
Speaker AThanks, Renee.
Speaker AI love your insights.
Speaker AAny final tips before we wrap up this episode?
Speaker BNo.
Speaker BThat's fantastic.
Speaker BAnd just super excited to see the fact that, you know, workplaces, values, and the way that we operate continues to evolve.
Speaker BAnd I think that that is a really important call out is I find that there's actually been a significant amount of tension between, like, boomers to millennials, and I'm sure that there's going to be more tension between millennials and Gen Z.
Speaker BAnd it's part of the way that we continue to evolve and to improve our systems and work towards a better world.
Speaker BSo do yourself a favor and reflect on, like, what are the tensions coming up for you between different generations and how can we go about improving them?
Speaker BBecause we all have to operate in these businesses and build a better future together.
Speaker BThank you.
Speaker BAbsolutely.
Speaker AThanks, Renee.
Speaker AThat's a wrap on this episode of Managing Millennials.
Speaker AWe'll see you in the next one, Sam.