
What Gen Z expects from CEOs and why most are failing
2. Values Over OpticsDEI and climate statements are meaningless without budget and board accountability.CEOs like Patagonia's Ryan Gellert or Canva's Melanie Perkins resonate because they act, not announce.3. Well-being as Infrastructure, Not Perks58% of Gen Z employees report burnout symptoms weekly (McKinsey, 2024).Offering Calm app subscriptions doesn't solve a toxic work culture. Having psychological safety, manager training, and 4-day work weeks might.4. Digital-Native CommunicationQuarterly memos are dead. Leadership now requires Slack threads, podcast updates, AMAs on Reddit.Gen Z doesn't follow authority, it follows credibility. And credibility is built in public.The CEO Archetype Is ObsoleteHistorically, the CEO was a commander. Then a consensus-builder. Now, Gen Z wants a creator-operator:Creator: Someone who thinks and builds in public, shares rough drafts, interacts with users on X or Threads, and isn't afraid to say "I don't know."Operator: Someone who gets their hands dirty with product, community, and feedback loops. No more ivory towers.Take Tobi Ltke (Shopify), who codes. Or Alex Bouaziz (Deel), who tweets roadmap updates before press releases. That's real-time, high-trust leadership.Gen Z Isn't Soft. It's Selective.Stereotypes suggesting Gen Z is disloyal or disengaged miss the mark. What this generation exhibits is selective loyalty. They will commit fully but only to leadership that has earned their trust.Raised during a period of institutional collapse, from climate chaos to economic volatility, Gen Z possesses a sharp radar for performative leadership. They don't expect perfection. They expect integrity.How CEOs Can Catch Up (and Stay Relevant)Audit Cultural RelevanceWhen was the last time the CEO spoke with a 24-year-old analyst? Can leadership list the top three Glassdoor complaints?Treat Culture Like ProductadvertisementCulture is no longer HR's job alone. It needs a cross-functional owner, a feedback loop, and KPIs.Build a Gen Z Advisory CouncilEstablish a shadow board of employees under 30 to pressure-test ideas, flag blind spots, and keep leadership current.This Isn't OptionalBy 2025, Gen Z will represent 27% of the global workforce (World Economic Forum). Leaders who fail to understand this demographic will struggle not just with retention, but with relevance.The clock is ticking. Evolve or risk leading a company no one wants to work for.With inputs from By Aayush Puri ,Head of ANAROCK Channel Partners and ANACITY- Ends
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


India Today
an hour ago
- India Today
How the subscription lifestyle is fuelling a new wave of debt
Once upon a time, shopping was straightforward; you paid, and that was that. No auto-renewals, no hidden terms. Fast-forward to today, and we're living in a 'subscribe now, forget later' streaming services to daily coffee subscriptions, groceries to grooming kits—almost everything can be delivered on tap. In fact, subscriptions have quietly woven themselves into our everyday spending. Add Buy Now, Pay Later (BNPL) schemes to the mix, and it all feels like a budget-friendly dream, until the bills start piling feels like financial flexibility is, for many, turning into an invisible burden. Especially for millennials and Gen Z, this subscription-led convenience is beginning to reveal a darker side: creeping, compounding SMALL PAYMENTS BECOME A BIG PROBLEMSubscriptions are usually sold as budget-friendly. 'Only Rs 499 a month' or 'less than the cost of one meal," this is how many services market themselves. It sounds manageable, until you're juggling half a dozen of them: music, OTT platforms, cloud storage, fitness apps, and more. Multiply that by twelve months, and it's easy to see where the salary goes. Recent estimates suggest that the average urban Indian holds 4 to 6 active subscriptions at any given time. Since payments are usually auto-debited, the slow leak goes unnoticed, until you start tracking it.A GENERATION OF DIGITAL SPENDERSMillennials and Gen Z, more than any generation before, are fluent in the language of digital convenience. They tap, swipe, and scan through life, using fintech apps, EMI offers, and instant credit. But that same ease is proving risky.'Gen Z is reshaping India's credit landscape with its rapid adoption of digital-first solutions like Buy Now, Pay Later and small-ticket EMIs,' says Anand Agrawal, CPTO and Co-Founder of Credgenics.'Limited financial literacy and impulsive spending habits make young people highly vulnerable to debt traps. Reports suggest nearly 40% of young borrowers carry unsustainable debt, often driven by lifestyle expenses rather than essential needs,' adds marks a shift from previous generations, who largely saved first and spent later. Today, it's more common to spend now and figure out repayments later. A few small payments might feel manageable in isolation, but combine them with BNPL instalments and credit card dues, and suddenly, there's not much salary left at month's A DOUBLE-EDGED SWORDThe popularity of BNPL apps has exploded. After all, who wouldn't prefer to split a Rs 10,000 payment into four easy parts? But this model can be deceptive.'BNPL creates a false sense of affordability,' explains Sameer Mathur, Managing Director, ROINET Solution. "Why pay Rs 10,000 now when you can pay Rs 2,500 later? But when there are multiple Rs 2,500s across platforms, debt creeps in quietly."He describes Gen Z's spending pattern as one of micro-spending without macro-awareness. 'A Rs 499 monthly subscription doesn't feel like a big decision. But when you have several, plus EMI offers and BNPL schemes, it becomes hard to keep up.'THE SOCIAL MEDIA EFFECTadvertisementIn today's world, our feeds shape our desires. Whether it's the latest gadget, trending restaurant, or must-have sneaker, social media platforms like Instagram, TikTok, and YouTube have become powerful drivers of aspirational spending.'Social media amplifies this challenge,' says Agrawal. 'It fuels impulsive purchases driven by FOMO and a desire to keep up, often at the cost of long-term planning.''There's a thin line between inspiration and pressure, and it blurs very easily,' Mathur says. "One scroll through your feed can plant the seed of a dozen new wants, each one just a click away from becoming a subscription or split payment."Every scroll can turn into a spend. Influencers showcasing luxurious lifestyles can create a desire to keep up, even if that means stretching the to that sneaky free trials and introductory discounts, many forget to cancel once the full charges kick in. Bank statements rarely spell it out clearly, so the money leak continues FINTECH PLATFORMS HELPING OR HURTING?Fintech apps have undoubtedly made financial services more accessible, but they sometimes make it too easy to spend.'Fintech platforms present a paradox,' says Agrawal. 'They empower users with budgeting tools and flexible payments, but their frictionless design can also promote impulsive behaviour.'Mathur adds that responsibility lies with both the platforms and users: 'Technology must serve the user—not the other way around. Fintechs have a responsibility to promote financial awareness, not just easy access to credit.'advertisementBREAKING THE SUBSCRIPTION CYCLESo, how can young adults avoid falling into this 'convenience trap'?Agrawal advises, "Focus on financial literacy. Review the subscriptions you've signed up for. Limit BNPL usage to genuine needs, and build a savings habit early."Mathur adds a practical approach, "Track your subscriptions and EMIs. You'll be surprised how many silent deductions are chipping away at your income. Even small spends, like a Rs 200 coffee, add up over time. Use credit responsibly and remember: credit today is a commitment tomorrow."He urges, "Talk about money. There's no shame in being financially conscious.'RETHINKING THE SUBSCRIPTION MINDSETLiving smart doesn't always mean signing up for more. Sometimes, less really is more—less stress, fewer deductions, and more clarity about where your money's going. The subscription lifestyle promises convenience, but it's essential to ask: Is it worth the cost?As the subscription economy grows, it's important to pause and ask: Are these services improving your life, or just draining your wallet quietly? It's time to rethink before you true financial success isn't about what you own today, it's about what you can afford tomorrow.- Ends


Time of India
7 hours ago
- Time of India
It Takes Two to Tango: Humans and AI Are in Step, Not at Odds
Let's get clear: AI is not a replacement. It's a relay. Live Events We need to drop the narrative that AI is out to steal jobs, erase creativity, or render human decision-making obsolete. That's outdated thinking. Artificial Intelligence isn't the end of the race - it's the baton we hand off mid-sprint so the next leg of human potential can be unleashed. It's about working together - Human excels in work of contextual understanding and emotional intelligence, whereas AI systems excel at high-volume, data driven every high-performance environment - from Fortune 500 boardrooms to media houses to design studios - the smart ones aren't asking 'How can I protect my job from AI?' They're asking, 'How can I partner with AI to do my job 10x better?'Take IBM, Google, and other big companies that are paying their employees to integrate themselves with AI. Yes, AI has made task easier, but does it make humans replaceable? used well, AI eliminates the cognitive bottlenecks. It unlocks the human capital. It mechanizes the trivial task, so we can concentrate on the meaningful. This change is not just productivity, it's purpose-driven to really get on board with this new dynamic, organizations must release the fear-based thinking and begin building AI fluency throughout departments. That involves upskilling staff, baking AI into processes, and reframing KPIs based on augmented performance. The organizations that take these steps today won't merely make it through the AI era - they'll create isn't a plea to indiscriminately implement every available AI tool. It's a plea to reimagine workflows, reallocate energy, and enable your people to run smarter, not work's future isn't man or machine - it's man with machine. Pass the baton, then. Get AI to do the heavy lifting and devote your firepower to what humans excel at: questioning, empathizing, imagining, and leading. AI doesn't finish the race. It speeds up the next lap.


Time of India
12 hours ago
- Time of India
Lenskart's Rs 8,000 crore IPO; IT's GCC threat
Next Lenskart's Rs 8,000 crore IPO; IT's GCC threat Want this newsletter delivered to your inbox? Also in the letter: Lenskart files for Rs 8,000 crore IPO; founder Peyush Bansal boosts stake IPO snapshot: Fresh issue: Rs 2,150 crore. Rs 2,150 crore. Offer for sale: 132.2 million shares from existing investors, including SoftBank, Temasek, Kedaara Capital and Alpha Wave Global. 132.2 million shares from existing investors, including SoftBank, Temasek, Kedaara Capital and Alpha Wave Global. Cofounders Peyush Bansal, Neha Bansal, Amit Chaudhary and Sumeet Kapahi are together selling 31.8 million shares. Founder move: He will also offload 20.5 million shares in the IPO, potentially netting Rs 700–750 crore. Founder stake top-ups ahead of IPOs have become a familiar trend in India's startup ecosystem, from Zomato to Swiggy and Freshworks. By the numbers: FY25 revenue: Rs 6,625 crore, up 22% year-on-year. Rs 6,625 crore, up 22% year-on-year. Net profit: Rs 297 crore vs. Rs 10 crore loss in FY24. Rs 297 crore vs. Rs 10 crore loss in FY24. International revenue: Rs 2,638 crore, over 40% of total. Rs 2,638 crore, over 40% of total. Store footprint: 2,700+ globally. Between the lines: Its omnichannel model now spans Asia and the Middle East, with the 2022 acquisition of Japan's OwnDays powering its international surge. FY25 was the first year the deal's full impact was reflected in the books. The company is also expanding in Europe, with its Singapore arm set to acquire 80% of Spanish brand Meller for Rs 407 crore, a move aimed at Gen Z consumers. What to watch: Also Read: Rapid GCC growth reshapes India's outsourcing industry Driving the change: Also Read: Setting context: What this means: Number-wise: The IT services sector employed around 5.4 million professionals as of FY24. GCCs employed nearly 1.9 million people, with net additions of 90,000 in FY24 and over 100,000 in FY25. Some global banks, such as JP Morgan Chase and Wells Fargo, now employ more people in their Indian GCCs than a mid-tier IT firm. Sponsor ETtech Top 5 & Morning Dispatch! Why it matters: The opportunity: Reach a highly engaged audience of decision-makers. Boost your brand's visibility among the tech-savvy community. Custom sponsorship options to align with your brand's goals. What's next: Nasscom meet warns of workforce rationalisation as IT faces big reset Driving the news: What's next: Also Read: Keeping Count Other Top Stories By Our Reporters Swiggy adds about 2,000 employees in FY25: W Health's new fund: Insolvency petitions against Blusmart: Zepto's secondary deal: Global Picks We Are Reading Happy Wednesday! Lenskart has filed its draft IPO papers for a Rs 8,000-crore public offering. This and more in today's ETtech Morning Dispatch.■ Nasscom's warning■ Inside Swiggy's annual report■ W Health Ventures' new fundPeyush Bansal, CEO, LenskartEyewear retailer Lenskart has kicked off one of the year's most anticipated new-age listings, filing its draft red herring prospectus (DRHP) with market regulator Securities and Exchange Board of India (Sebi) for an initial public offering (IPO) of up to Rs 8,000 Bansal recently bought a 2.5% stake in the company for Rs 222 crore from early investors at a $1 billion valuation, even as Lenskart now eyes a listing at Rs 70,000–75,000 ($8–9 billion) eyes will now be on how public markets price a profitable, global-facing Indian startup betting on vision, both literally and booming global capability centres (GCC) are quietly reshaping the country's tech landscape . Their meteoric rise is starting to squeeze the traditional, people-heavy outsourcing model that has powered India's services exports for over three companies (MNCs) are increasingly building or expanding GCCs in India to handle critical technology work in-house. Instead of outsourcing to Indian IT giants, they are insourcing core functions. The trend is slowing third-party demand and fuelling job cuts across the sector.A recent HFS survey of 200-plus enterprises shows the scale of the pivot. Over 65% of companies expect to shift at least 10% FTEs (full-time equivalent, which measures the work based on employees' work hours) from vendors to their own impact is already visible. Tata Consultancy Services (TCS), India's largest software exporter, announced it would trim 12,000 jobs this year, around 2% of its workforce, rattling the say the surge of GCCs is biting hardest in banking, financial services, and insurance (BFSI), where clients have aggressively scaled up Indian Top 5 and Morning Dispatch are must-reads for India's tech and business leaders, including startup founders, investors, policy makers, industry insiders and Reach out to us at spotlightpartner@ to explore sponsorship after TCS announced its mass layoffs s , IT industry body Nasscom said it expects some job cuts soon in the wider $283-billion technology industry body, which convened a meeting in Bengaluru on Tuesday, stated that these layoffs are a result of the shift towards product-oriented delivery models and the increasing demand from global clients for greater agility, speed, and said that the technology sector is experiencing a structural shift as artificial intelligence (AI) and automation become integral to business operations, affecting both service delivery and workforce legacy roles are still on the chopping block as firms relocate talent and trim middle management. The message is blunt: workforce strategy will follow business needs, not HR and grocery delivery company Swiggy added around 2,000 employees in fiscal 2025, increasing its total workforce to 7,431 as of March 31 this year, according to its annual report released on venture capital firm W Health Ventures aims to raise $70 million , or approximately Rs 610 crore, for its second India-focused fund to back healthcare startups in the Ahmedabad bench of the National Company Law Tribunal has admitted a petition seeking to initiate bankruptcy proceedings against ride-hailing startup BluSmart non-banking financial company (NBFC) Elcid Investments is investing Rs 7.5 crore in quick commerce company Zepto, it said in a stock exchange filing.■ Ex-Apple engineer brings Silicon Valley tactics to European defence tech ( FT ■ Meta is going to let job candidates use AI during coding tests ( Wired ■ Inside the collapse of Was it even an AI company? ( Rest of World