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Nurturing the Gen-Y of Corporate India

Posted: August 4th, 2010 | Author: | Filed under: Coaching | Tags: , , , | No Comments »

As part of the zillions of mailers that I receive from the millions of blogs that I chase in the hope of finding new ideas and thoughts, I got one this morning that set me thinking. What does the Gen Y look for when they finish B-School and sign on the dotted line for a career?

I tried to put myself in their shoes, quite a difficult proposition given that I left college nearly three decades ago when we chased jobs and not the other way around. What made this task doubly irksome is that the more I thought of that one crucial aspect that will make me want to work in a company, the more that ubiquitous $ sign (I am using the dollar sign for want of the new Rupee symbol on my laptop keyboard) popped up before my eyes.

Anyway, after considerable difficulty, I struggled to list out three key aspects that I may look for while starting off:

  1. I want to advance in my career quickly and become a CEO at 35 unlike my predecessors who had to patiently wait till 50 to be told that we were not fit for the top job.
  2. I want a boss who will accept all my proposals, keep giving me an annual raise, sponsor my development and help me gain additional skills and knowledge at company expense.
  3. I want someone who will tell me how to achieve the above via the easiest possible route with the minimum possible fuss and the lowest possible risk. In other words, I want a mentor and coach!

I completely understood the last of the above points since in a 25-year career, I found someone to guide me through the rough and tumble of a career only over the past three years. And believe me, it made a huge impact on the way I started looking at my career. It was not only about the dollars and the status, I started seeing the bigger picture.

Having listed out these points, I went back to reading the article in Washington Post (Click here to read) that lists out some ways to address the growing concerns of Gen Y when they seek a job. The article, penned by Joyce E.A. Russell calls them ‘Millenials’ and suggests that “They are the largest generation since the baby boomers and are expected to have a huge social and economic impact.”

It definitely made a good read, though one is not totally convinced that the Indian way of doing business will accept many of the thoughts that Russell turns in. For those who aren’t aware, Joyce Russel is the director of the Executive Coaching and Leadership Development Program at the University of Maryland’s Robert H. Smith School of Business.

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