Understanding Millennial Values and How They Will Shape the Future Workforce

Abstract

This chapter explores Millennials and their characteristics and imperative influence in changing purchasing behavior, consumer preferences, and how transactions are made. It also highlights why Millennials are a significant generation to explore. The general findings indicate Millennials are a significant generation because technology will be a prominent disruptor to look out for, and Millennials will be the ones steering the ship. Additional findings indicate the Millennials are value driven and strive to work for organizations that are ethical, prefer being empowered, and remain loyal as long as it is within their career trajectory. They also like to be engaged through regular feedback, and they strive towards rebuilding institutions for greater impact. Millennials' aspirations in achieving higher purpose and understanding of life stems from their spirituality and genuine care for people, communities, and values that affect their attitudes, behaviors, and beliefs. At the tail end, the chapter implores the importance in revolutionizing education for future generations.