MANAGING in the

NEW WORLD

A study conducted by business consulting giant Deloitte has revealed that millennials as a demographic group are found to be less loyal to their jobs than previous generations. As much as two-thirds of new recruits are likely to leave before the year 2020. The number is worst in markets such as Malaysia, Philippines and Thailand and only marginally better in the UK, Australia and the USA. Leadership roles instead motivate them. Millennials develop a sense of loyalty when provided with timely corporate training and mentoring. Also they tend to prosper where their values are met. They also demand ideal work environments. Lastly, a majority of millennials wish to associate with organizations that have the right company culture.

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