Inn c 2014 03-10
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This document provides information on millennials' expectations of employers and career development opportunities. Some key points: - 71% of millennials would like to work abroad and 66% want to be managers eventually. They value personal development, opportunities, and reputation. - The training program focuses on cross-functional, leadership, and personal skills over 6-12 months, including projects, coaching, mentoring, and conferences. - Learning occurs through online courses, workshops, rotations, volunteering, and networking, with 70% experienced on the job, 20% from coaching/sharing, and 10% from formal courses. - Employees can view profiles, apply for mentors, and assess competencies to set
Inn c 2014 03-10
- 1. 4% 6% 38% 15%18% 24% 64% 57% 78% 70% 68% 29% Tech-savvy Social Media Opportunist Enthusiastic Entrepreneurial Boomers Gen X Millennials Tech-savvy & Social Media Opportunist Envision Continuous Learning High Ambitious & Career-Driven Like to explore & experiment options Possess strong aspiration to take on leadershiprole Motivated by Personal Development 1 Statistics based on survey by EY on 1,200 cross-company professionals 2 Statistics based on study done by PwC on 4,363 recent graduates in Oct 2011 3 Based on research paper on 2800 experienced professionals 2 1 3 What makes an attractive employer? Opportunity for Career ProgressionCompetitive wages Excellent Training Program 2 1 3 What attracts you to a job? Personal Development OpportunityOrganisation reputation The role itself 2 1 3 Top 3 key benefits most appreciated Training & Development Flexible work hours Cash bonuses 71% 29% 71% would like to work outside home country in career 66% 34% Two third would like to be a manager some time in their career Tech-savvy & Social Media Opportunist Envision Continuous Learning High Ambitious & Career-Driven Like to explore & experiment options Possess strong aspiration to take on leadership role Motivated by Personal Development Millennial are ¡ Millennial Expectations
- 2. Lead Projects Project Management Lead by Influencing Change Management Working in Projects / Teams Situational Leadership Creativity & Innovation ¡ Cross (sub) Functional Skills ¡ Functional SKills Stress Management Virtual Collaboration Emotional Intelligence 2 The Program Design 3 Months 6 Months + Continuous 6 Months3 Months Basic Advanced Non-Management Management Career Discovery P1 P2 P3 P4 Career Driven Continuous Learning Leadership Aspirations Decision Making Interpersonal Skills Communication Skills Social Intelligence Cross Cultural Competency Personal Effectiveness Task Focus and Prioritization Time and Resource Planning Novelty & Problem Solving Problem Solving Methodologies Out-of-the-box Thinking Relational & Adaptive Thinking Critical Thinking Sense Making Computational Thinking Decision Making with Ethics Personal, Job & Career Planning Self Awareness, Role Clarity & Personal Branding Personal & Career Planning Goal Setting Skills are practised in functional rotation Spirit of Wanderer Personal Development
- 3. Elearning Online lessons that allow multiple platform access allowing learning anytime and anywhere Sponsored Courses The company would sponsor an external training in a relevant subject according to the person¡¯s role Workshops and Seminars Talks by External Guests People from different business contexts would come and share insights from multiple subjects Elearning Online lessons that allow multiple platform access allowing learning anytime and anywhere Sponsored Courses The company would sponsor an external training in a relevant subject according to the person¡¯s role Mentorship Program Recurring meetings with a senior person to share, knowledge, experience and adding social capital. Coaching Recurring meeting with a senior person to provide advice on achieving personal career goals Self Assessment and Managers Review Self reflection and discussion with the manager Project Open List Volunteer to contribute to projects on sign up basis International Conferences Learn from thought leaders and build industry network Interest Group Activities Meet regularly to share knowledge and insights on specific subject of interest (e.g. woman movement) Networking Attend to networking events Coaching Recurring meeting with a senior person to provide advice on achieving personal career goals Mentorship Program Recurring meetings with a senior person to share, knowledge, experience and adding social capital. Out of Context Learning (as a Team) Practical learning applications (e.g. hiking) Group Learning Projects Engage in a company wide case challenge competition working with diverse individuals Rotational Assignments Rotation work within functions & sub- functions Rotational Assignments Rotation work within functions & sub- functions 70% Experience while on the job 20% Coaching & sharing from others 10% Structured courses & programmes Collaborative Proactive Resourceful Structured Value Driven Volunteering Activity (as an Individual) Practical learning supporting a cause linked to company¡¯s CSR Stretching Assignments Challenging assignments in short time Learning Channels in 70-20-10 Group Learning Projects Engage in a company wide case challenge competition working with diverse individuals
- 4. Starting out Rotational Assignment Basic Learning Modules Advance Learning Mods Missions Non-management All Learning Modules Assess competency & set goals Create your profile Option to apply for a mentor Profile Page View 4Assess competency & set goals Create your profile Profile Page View1 2 3
- 5. DarshanBen Grace Josh Nitin Paulo The Team