One of the great things about my work is it positions me to contribute my two cents for books, articles, college courses, info products, etc. The bummer is when I dedicate the time to give what I believe are valuable nuggets for action or reflection and they never see the light of day…as recently happened when one of my media superheroines reached out for a story on young women in the workplace. Since the biggest bummer is having the content go underutilized, I’m piecing it together to share with you my thoughts on how the recession is impacting us Gen-Y and millennial women. In many ways it’s a companion piece to my June 17 Awaken Your CAREERpreneur vlog where I asked, "The Ladies Are Coming, or Are They?" The 2 Biggest Trends: Gen-Y Women And The Recession First, for well-educated young women who are still pursuing full-time employment upon graduation, I am noticing that those who are driven by a desire to succeed are more tentative about taking positions with start-ups, in publishing or on Wall Street. Instead, they are looking to align their expertise with corporations that are pegged for continual growth such as health care and renewable energy. Second, for young women driven by a desire to make positive social impact, I’m seeing a lot choose to move home so that they can work in a nonprofit and make a contribution through a company like Teach for America or YouthBuild. Gen-Y and millennial women inspired to drive change through entrepreneurial solutions are also looking for positions in social enterprise or in CSR. Knowing that work in most industries is unstable at best, many young women are saying, “I might as well do what I care about now. For the only thing worse than selling out is being sold out,” as so many of us have witnessed happen for Gen-X and Boomers. New Grads as Perpetual Grads I’m also seeing a lot of young women go directly from college to graduate school or from college to work (or job seeking) for a year or two and then to graduate school…rather than waiting 3-5 years to launch their careers, gain real-world experience and choose a degree program that aligns with their professional goals. As a former women’s studies professor, trust me I’m not knocking higher education. And the influx of women into MBA and PhD programs is exciting to be sure. However, when young women accrue massive educational debt, haven’t necessarily chosen degrees that will make them more competitive job candidates or graduate over educated and under experienced, I worry. It’s important for any woman choosing graduate school to be VERY clear about how much the degree will increase her earning potential and whether it’s enough to cover and warrant what she will be shelling out in monthly payments upon graduation. The Gen-Y / Millennial Woman’s Mindset While we know we have lower rates of unemployment than our male counterparts, there is still a sense that we are not moving up the ranks as quickly as we did in a robust economy. The fear, the source of most self-sabotage, manifests in a lot of concerns over integrating the personal with the professional: How do I put equal attention into job hunting/career reinvention and dating? How do I feel about the fact that I may be supporting or at least picking up the tab for a significant other who is unemployed? Will I have achieved the success I seek prior to wanting to start a family? For many Gen-Y and millennial women, unfortunately, the greatest barrier to workplace equity is ourselves. We trail miserably behind young men in negotiating our first salaries. We trail miserably behind young men in asking for performance reviews and promotions. And we trail miserably behind young men in our assessment of our workplace performance and preparedness for leadership. Therefore, while we might get ourselves in the door before young men do, we are much more likely not to move as quickly up or be paid as well the longer we are in the workplace. It’s important to step into our moxie and ask for what we’re worth—in money, position and opportunity—once we’ve gotten in and have measurable results to back-up our case. All of this undoubtedly plays into our thoughts on entrepreneurship. It’s commonly reported that Gen-Y believes entrepreneurship to be safer than full-time employment. A recent survey by the Young Entrepreneurs Council reported 35% of Gen-Y who are currently employed have started a side business, 21% have started a business because they are unemployed and 79% are interested in one day becoming entrepreneurs. As I know firsthand, young women are more likely to start home based businesses than tech start-ups. More and more are taking to the internet to blog, create info products and sell services through our online brands. This is the space where I think women will most be stepping up and leading in the next 2-5 years. The next wave of young female small business success is leveraging one’s products and service to make more sizable and replicable social impact. Alexia Vernon is a career and workplace author, speaker, coach, trainer and media personality who empowers people to build careers and companies that are successful, sustainable and full of soul. To receive Alexia’s "7 Biggest Obstacles to Success and the Sinfully Simple Formula to Shift Them into Opportunities," visit www.AlexiaVernon.com. Read more » articles by this approved career expert | Click here » if you’re a career expert Image from Yuri Arcurs/Shutterstock
The successful business manager needs skills and talent.
Managerial skills can easily be developed as time passes through experience, mentoring, and training. However, when referring to natural talent, this is definitely something that cannot be obtained.
Productive companies will always invest a lot of money in developing and identifying truly effective managers. If this is the type of job that you are after, you should know that the following traits are necessary.
You Must Have Great Leadership Skills
This is one crucial attribute that so many managers actually lack these days.
Most companies will promote those employees that have great individual results. The problem is that a really good salesperson will rarely be a really good manager. The true leader will always be able to inspire trust, delegate responsibility, and provide direction. A manager won't be a "leader" if they cannot perfectly perform these three tasks.
While leadership skills can be gained in time, the innately talented manager will actually be able to gain all that he or she needs to be a true leader in a short period of time. This is something that is a lot more important than what many believe at the moment. Every single successful business manager out there is a leader who takes the team he or she manages and makes it work better, faster, and more effectively.
You Need To Have A Clear Communication Strategy
It is very important for the manager to have really strong communication skills. It is not enough to show that you appreciate your employees. You need to properly highlight what you want from them so that everything can go smoothly.
The effective manager has to be able to properly decipher, understand, and then relate the vision of the organization to the employees so that productivity is maintained. If communication is ineffective, employees will not understand what the manager tells them. This can lead to so many different problems in the future, and such a chain reaction can have a devastating effect on the profit of any company.
If you need help figuring out your communication style at work, take this FREE quiz. It helps you determine your communication style, and how you can use it to your advantage in the workplace.
You Must Have The Ability To Adapt
This is something that makes him/her really effective at the job. If the manager can adapt to the circumstances that are unexpected, the entire team will achieve more success in the future. This also means that a successful manager has the necessary creative thinking skills to find a new solution to any problem that may appear.
You Need To Focus On Developing Your Team
You cannot have employees that remain still when referring to the skills that they have. Any financial blog on the internet will tell you that an effective manager will make sure that employees improve and that they become better at the job that is done.
Developing other people basically involves cultivating talents and then motivating them to channel gained talents towards increasing productivity.
You Have To Build Relationships
It's a shame to see that there are still managers who do not understand the importance of networking. A manager needs to establish good relationships with potential clients and employees. Those employees who feel they are valued will always be more effective and will put in the extra effort that can bring in better results at the end of the day.
When building a relationship with an employee, it is really important that the manager showcases empathy and trust in the ability of the team. This is something that helps everyone enjoy working under the guidance of the specific team leader. Make sure that you know as much as possible about the employees—their strong points, and their weak points.
You Need To Constantly Develop Your Skills
The effective manager is the one who knows the problems that he or she has and constantly works on solving them. Career development is a huge part of career success in this job and in any other job. You need to develop in order to be able to lead employees.
If you remain at the same level, the entire team remains at the same level. That manager that continues to grow will eventually learn how to use the above-mentioned natural talents in order to make the team work flawlessly and even encourage the employees to do the same thing.
The manager who never develops is basically bound to eventually lag behind as he or she cannot adapt to the market. This and adaptability go hand-in-hand. You cannot have one without the other.
Try to improve as much as possible with every single project that you do and always be truthful to yourself about the flaws that you have. Work on them as soon as possible and your team members will see that you put in the effort to change.
It is so much harder to be an effective manager than we think. There is this belief that you can simply learn how to be a great leader in college. This is definitely not the case. Many of the really successful managers from around the world did not have formal training. You need to be sure that you constantly grow. That is, most likely, the most important trait to have if you want to be a great leader.
Struggling to land a leadership position? We can help!
Check out our FREE resources page!
Or, join our career growth club today and get access to one-on-one career coaching, resume and cover letter reviews, online tutorials, and unlimited networking opportunities—all in your back pocket!
If you want more FREE career advice, follow us on TikTok!
This article was originally published at an earlier date.