How Millennials Are Changing C-Suite Leadership

By William Vogeler, Esq. on May 24, 2018 | Last updated on March 21, 2019

Millennials -- those who reach adulthood in the early 21st Century -- are in position to become America's next leaders.

In less than two years, they will make up the largest demographic in the workplace. Most Baby Boomers will have retired or otherwise expired.

So how will Millennials lead corporate America? And will they change how leadership has worked in the past?

Looking Back

While Mark Zuckerberg and other young business leaders have already arrived, the 21st Century has not yet produced America's most successful entrepreneur. That honor belongs to John D. Rockefeller, the oil tycoon.

Like many founders, he started his company at a young age -- he was 23 years old. By the time he died, he had a net worth over $330 billion in today's money.

He also had traits that are common to successful business people of all ages. Persistence, attention to detail and a purpose beyond wealth.

But he also had poise, reserve and an under-inflated ego. Many rising entrepreneurs are not all that.

Moving Forward

However, Millennials bring a fresh perspective to leadership. "Authoritarian leadership is out, and inclusive leadership is in," writes Ashira Prossack for Forbes.

She says they lead by directing, not commanding. They are accessible, connect with teams, value open workplaces, and believe in linear leadership to build trust among workers.

"They strive to create inclusive workplaces where everyone has an opportunity to share their voice, regardless of position or title," she says.

It doesn't sound like Steve Jobs, who co-founded Apple and reigned in an arrogant, dictatorial way. But he was really part of the last generation.

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