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CaSE aPPLICatION 1                                            CHAPTER 12   •  Leadership and Trust    407
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                    Developing Gen Y Leaders


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                          ow important are excellent leaders to organizations?   they will need to lead the company in the future.  It starts
                          Well, the answer,in theory of course, would be very   with a very specific recruiting strategy for hiring Millennials
                   Himportant. However, the answer as practiced by count-  and continues with a yearlong “Welcome to Deloitte” pro-
                    less organizations might indicate otherwise. Only 38 percent of   gram.  This  program is all  about teaching  this age  group
                    organizations have a formal                                                    client- management  skills  and
                    frontline  leadership  develop-                                                team-building skills, and offer-
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                    ment program in place.  It’s   Excellent leaders have to be                    ing professional development
                    important for organizations   developed and cultivated.                        opportunities. And, not surpris-
                    to commit to strong leader-                                                    ingly, it’s done largely through
                    ship development, and it’s                                                     social media using interactive
                    particularly important for organizations to begin grooming   experiences such as role-plays, simulations, games, and a tool
                    their Gen Y employees to move into critical leadership posi-  to help these employees track their first-year tasks.
                    tions. Why? Within 10 years (by 2025), these Millennials are   At Facebook, the first Millennial-run organization to
                    set to comprise 75 percent of the global workforce. That’s why     become a Fortune 500 company, leadership development is
                    organizational leadership development programs are absolutely   designed around the needs of a fast-moving, fast-growing com-
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                    essential.  Let’s look at what some companies are doing to   pany.  The head of leadership development at Facebook says
                    prepare the next generation for leadership.           that the only way leadership development works there is by
                       3M’s leadership development program is so effective that   making it consistent with the types of engineering tech types
                    it has been one of the “Top 20 Companies for Leadership” in   that comprise the company. Engineers are concerned only with
                    six of the last seven years and ranks as one of the top 25 com-  “what works.” And it’s the same for any type of leadership
                    panies for grooming leadership talent according to consultant   development to be successful here; the focus has to be on what
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                    Hay Group.   What is 3M’s leadership program all about?   works. Also, since Facebook is an extremely flat organization
                    A few years ago, the company’s former CEO and his top   with few levels of management, employees find out early on
                    team spent 18 months developing a leadership model for the   that  in order to  get anything done, they’re going to  have to
                    company. After numerous brainstorming sessions and much   be able to influence and inspire people. That’s why leaders at
                    heated debate, the group finally agreed on six “leadership   Facebook don’t have to be convinced of the need for people
                    attributes” that they believed were essential for managers to   skills. They won’t survive long without them.
                    have in order for the company to become skilled at executing
                    strategy and being accountable. Those six attributes included   Discussion Questions
                    the ability to: develop a plan and implement that plan; moti-  12-14 Why do you think that there’s a huge gap in theory (what we
                    vate and rouse others; be ethical and trustworthy and abide   know we should do) and practice (what we’re actually doing)
                    by the rules; achieve outcomes; strive for excellence; and be   of leadership development?
                    a capable and creative innovator. The company has continued   12-15 What are some reasons that companies might not be address-
                    to reinforce its pursuit of leadership excellence with these six   ing Gen y leadership development programs?
                    attributes.                                           12-16 Take each of the six leadership attributes that 3M feels is im-
                       Other companies, such as Ernst & Young, start early in   portant. Explain what you think each one involves. Then dis-
                                                                               cuss how those attributes might be developed and measured.
                    recruiting and investing in future leaders, often going after   12-17  Would any of those six leadership attributes be appropriate for
                    talented college freshmen who have leadership potential. They   any of the other companies mentioned? Explain.
                    take the best talent and involve them in various leadership
                    development programs both while in school and after gradua-  12-18 Three different types of organizations are described here:
                                                                               3M is primarily a manufacturing organization. Ernst & young
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                    tion.  Deloitte, another company rated high for its leadership   and Deloitte are professional services organizations. Face-
                    development programs, is deeply committed to helping its   book is a tech company. Compare and contrast their differing
                    Millennial employees learn and absorb the leadership skills     approaches to Gen y leadership development.
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