logo
How The Leadership Ripple Effect Can Help Connect With Younger Workers

How The Leadership Ripple Effect Can Help Connect With Younger Workers

Forbes2 days ago
Ed Doherty is the founder of One Degree Coaching, LLC. One Degree Coaching helps leaders navigate the new world of work.
There is nothing more effective in building a healthy culture than hiring from within. It offers numerous benefits, primarily providing a pipeline of loyal talent who already embody your culture. They are the people you know, and they desire opportunities to grow.
The problem is that they may not desire to grow with you. Generational divides are as old as human civilization. As a Boomer, I remember my elders accusing us of many of the negative stereotypes we now apply to Millennials, Gen-Z and the emerging Gen-Alpha. "Lazy" and "entitled" are two of the labels I recall from my youth. Some things never change!
Generational Divides Are Overblown—But Don't Ignore Younger Workers' Needs
We are in a new era of work. If you are a Boomer or Gen-X boss, you may not like the demands of the younger generations, but complaining about them isn't going to change anything.
In this new world of work, organizations will have to adapt and develop a new people strategy. Most businesses I coach are still applying the "IBM Model," the old "climb the corporate ladder" motivational scheme. Unfortunately, fewer and fewer employees are interested in that ladder. They grew up watching the older generations struggle with a lack of work-life balance and burnout, and they have their own plans for their futures.
Like their predecessors, younger workers want money and bonuses, but they also want:
• Work-life balance and flexibility
• Purpose and meaning
• Autonomy
• Learning opportunities
• Open communication and feedback
• Mental health support
Just to name a few!
The Fulfillment Model For Better Training And Development
The fulfillment model is beginning to take root in an attempt to create a broader approach to training and development. Instead of asking, "What do you want out of your opportunity at our organization?" the question becomes, "What do you want out of your life?" By connecting team members' future goals with their present roles, leaders are experiencing increased loyalty and engagement.
For instance, I work with many restaurant companies, and a majority of their workforce is part-time and transient—especially the front-of-house employees. They are working for the money only and do not see a connection between serving guests and their ambition, which in many cases is to own their own business. But the restaurant industry is rife with lessons for these future entrepreneurs. The customer service aspect alone is invaluable for those with entrepreneurial leanings.
The Power Of The Ripple Effect
Another opportunity that helps motivate younger workers to remain with a company and rise to middle management is the positive ripple effect that managers can have on their team members. Meaningful and purpose-driven work is at the top of these younger workers' wishlists, and by mentoring them using the fulfillment model, they can come to see the power of that ripple effect.
Any longtime, people-centric leader can share stories of the lives that they have positively impacted. Several years ago, my brother-in-law passed. He was a head librarian who worked at a university for over 30 years. At his funeral, hundreds of people gathered to share stories of how he had impacted their lives. We were amazed because he had never mentioned his mentorship work, and we had no idea the ripple effect he created for his students and peers.
Final Thoughts: Connecting With Younger Workers
Purpose and meaningful work are at the top of many workers' wishlists for their workplaces. When I share with my young mentees the power of the ripple effect and how their influence may be felt for generations to come, it often piques their interest. They ask me to share some examples from my 45 years of leadership experience. Not surprisingly, I have many stories to share. When your primary focus is on people, their stories write themselves.
After I have shared some stories with my mentees, their mood often shifts to the problems they see with the modern workplace, where middle managers are under-supported and overworked.
The only answer I have for them is, "If you don't help change the work world, who will?"
Forbes Coaches Council is an invitation-only community for leading business and career coaches. Do I qualify?
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

With 11K Baby Boomers Retiring Daily And 401(k) Withdrawals Ramping Up, Are Millennials And Gen X About To Be The Ultimate Bag Holders?
With 11K Baby Boomers Retiring Daily And 401(k) Withdrawals Ramping Up, Are Millennials And Gen X About To Be The Ultimate Bag Holders?

Yahoo

time4 hours ago

  • Yahoo

With 11K Baby Boomers Retiring Daily And 401(k) Withdrawals Ramping Up, Are Millennials And Gen X About To Be The Ultimate Bag Holders?

Every day, about 11,000 baby boomers hit retirement age in the U.S., and the wave of 401(k) withdrawals is starting to gain momentum. That has many younger investors wondering: who's left holding the bag? Wealth Transfer Or Wealth Drain? On Reddit's r/stocks, one investor sparked a major debate with this post: 'With ~11k Boomers retiring daily, and the 401k spigot about to go on full blast, can't help but think how this transfer of wealth unfolds.' They raised a concern about whether there will be enough new investment inflows from younger generations to match the outflows from boomers selling off their assets. 'Ultimately, Millennials and Gen X ... could be the remaining bag holders,' the poster suggested. At least, as they say, 'those who were lucky enough to invest meaningfully in 401(k)s and taxable accounts.' Don't Miss: Be part of the breakthrough that could replace plastic as we know it— $100k+ in investable assets? – no cost, no obligation. But not everyone agrees with that framing. 'They've been retiring since 2011,' one person pointed out. 'The stock market has done just fine so far.' Another echoed that sentiment, saying, 'There will always be people retiring. The Baby Boomers started retiring 17 years ago... Why are you so convinced [the market crash] is going to happen now, when nearly all of the Boomers that were capable of retiring already did?' Wealth Inequality And Inheritance Several commenters emphasized that it's not boomers broadly driving the market, it's wealthy boomers. 'Most 401(k) holders ... are also the richest ones,' one person explained. 'The ones being forced to liquidate and sell don't have 401(k)s of a meaningful size. We're fine unless the rich people are screwed.' Trending: This AI-Powered Trading Platform Has 5,000+ Users, 27 Pending Patents, and a $43.97M Valuation — Then there's the question of where that money goes once boomers start drawing it down or pass it on. Some believe it simply recirculates. 'All money comes back to the market one way or another,' one commenter wrote. And inheritance is another piece of the puzzle. 'Who do you think is going to inherit all that wealth?' one investor asked. Others noted that wealthy boomers often advise their kids to stay invested: 'One even told his daughter, never sell this stock, just collect the dividends.' Healthcare, Housing, And The Real Risks But not all that wealth will be passed down. Nursing homes and healthcare costs are taking a bigger bite out of retirement savings than many expect. 'We spent $350K for my mom's nursing home in a 4.5-year period,' one person shared. Another added, 'Boomers are spending that money. You need to find out how to harness it.' The housing market is another looming issue. Some fear that when boomers pass away and their high-value homes hit the market, younger generations won't be able to afford them. 'Mark my words, one day there will be a massive crash in the housing market,' one investor many commenters argued that structural market shifts, not demographic trends, are the real drivers. 'Markets are not the same anymore,' one wrote, pointing to algorithmic trading, tech-driven investing, and persistent foreign inflows. Younger Generations Are Still Investing Despite these worries, younger Americans are investing more than ever. 'Millennials are saving for retirement earlier than any previous generation and Gen Z even earlier,' one person noted. For now, there's no clear consensus on whether millennials and Gen X will get stuck holding the bag. But one Redditor may have put it best: 'This has been a claim made every 10 years or so since 401(k)s have been a thing. I wouldn't worry about it.' Read Next: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die."UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article With 11K Baby Boomers Retiring Daily And 401(k) Withdrawals Ramping Up, Are Millennials And Gen X About To Be The Ultimate Bag Holders? originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.

It's a tough time to be a middle manager as layoffs and increased responsibilities bite. BI wants to hear from you.
It's a tough time to be a middle manager as layoffs and increased responsibilities bite. BI wants to hear from you.

Business Insider

time12 hours ago

  • Business Insider

It's a tough time to be a middle manager as layoffs and increased responsibilities bite. BI wants to hear from you.

Middle managers are facing layoffs, and those who remain are taking on extra work. BI wants to talk to middle managers about their experience at work or job hunting. Share your experience by filling out a quick form. Middle managers are the talk of corporate America lately — and Business Insider wants to hear about it. Tech giants like Google and Microsoft, alongside major retailers like Walmart, are looking for ways to cut costs and streamline bureaucracy. Enter, the Great Flattening: A widespread wipeout of mid-career jobs. Laid-off managers are pushed into a rocky job market, and those who remain employed are left with an increasing number of direct reports. Millennials and Gen X, who hold most of the US' managerial roles, are most impacted. Check out BI's stories about middle managers: Middle managers, beware: The Great Flattening has moved beyond Big Tech Millennials, it's a good time to take a break from your manager era The middle manager squeeze at Microsoft has been a career opportunity for me Frustrated job seekers are giving up on their dream roles: 'I'll take almost anything' I'm a 53-year-old middle manager who can't find a job. This market is a black hole. Job searching in 2025? It's a mess no matter how old you are. Amazon CEO Andy Jassy told employees in June he plans to shrink the company's white-collar workforce, citing "efficiency gains." After a round of layoffs, Dell told BI in March that "Through an ongoing series of actions, we are becoming a leaner company," which will include combining some teams. And, alongside a bout of Meta layoffs in 2023, CEO Mark Zuckerberg said that " flatter is faster." "I don't think you want a management structure that's just managers managing managers, managing managers, managing managers, managing the people who are doing the work," he said. If you are a middle manager — or you report to a middle manager — and are comfortable being interviewed for future reporting, please fill out this quick Google form. BI will contact you if we are interested in your story. If you can't see the survey, fill it out here or reach out to this reporter securely via Signal at alliekelly.10.

Hulk Hogan Real American Beer is selling out after WWE wrestler's death
Hulk Hogan Real American Beer is selling out after WWE wrestler's death

Miami Herald

time21 hours ago

  • Miami Herald

Hulk Hogan Real American Beer is selling out after WWE wrestler's death

Only a pro wrestling legend like Hulk Hogan could beat the alcohol sales slump. Real American Beer, co-founded by Hulk Hogan, is quickly selling out across stores nationwide following the news of his death. He passed away on July 24 after suffering a cardiac arrest at his home in Clearwater, Florida. Don't miss the move: Subscribe to TheStreet's free daily newsletter From his recognizable bleached-blond hair, signature mustache, and iconic bandanas, Terry Gene Bollea, known in the entertainment industry as Hulk Hogan, was one of the most legendary professional American wrestlers in history. He rose to fame for his time with WWE and World Championship Wrestling (WCW). Founded in 2024, Real American Beer is the official beer and sponsor of Real American Freestyle, a new pro wrestling league co-founded by Hulk Hogan in April. Related: Guinness beer partners with ice cream brand known for wild flavors The demand for the beer has been so high that the official website now has an announcement with the following message to customers: "We're experiencing high order volume and working hard to get every package out. Shipping may take 2-4 weeks to begin tracking." Real American Beer has become Hogan's fans' way to commemorate his legacy. Following the passing of Hulk Hogan, Real American Beer took to Instagram to honor him with a heartfelt post. "When we set out to launch Real American Beer one year ago, it was with Hulk's vision and mission. He said he believed that Real American Beer and its message to America could leave an even bigger legacy than his wrestling career," the post stated. Related: Netflix makes another major change subscribers will hate Hundreds of Hulk Hogan fans flooded the Instagram post with messages about the beloved pro wrestler and his beer brand. A netizen commented, "I will be drinking a few today in his memory. Rest easy, Hulkster, we love you." Another user commented, "Now we bring his legacy to every bar, every billboard, and every beer-drinking American in his honor!! My condolences." A loyal fan even revealed he would be breaking his sobriety by commenting, "I don't drink at all, but I will be going to the supermarket today to get a case and have one for him." Alcohol sales have fallen since their peak during the COVID-19 pandemic, as economic uncertainty and rising inflation have led consumers to reduce their spending, and now tariffs have become yet another factor affecting the already challenged alcohol industry. Additionally, changing consumer habits are reshaping the market. Younger generations, particularly Millennials and Gen Z, are becoming more health-conscious, driving a 6% year-over-year increase in non-alcoholic beverage consumption in the U.S. U.S. beer products and imports declined by 1% in 2024, while craft brewer volume sales dropped 4%. This has slightly reduced small and independent brewers' share of the U.S. beer market by volume to 13.3%, according to data from the Brewers Association. Beer sales might be down overall, but the success of Real American Beer is a testament to Hulk Hogan's strong influence and long-lasting legacy. Related: Veteran fund manager unveils eye-popping S&P 500 forecast The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store