Recent statistics indicate that Millennials, a generation that has lived entirely in the digital age, will exceed the number of previous generations in the workforce in about 10 years. While replacing the old with the new seems like a good thing, the fact that millennial employees are a lot different from previous generations may create serious issues for organizations that are not keeping up with technology.
How Millennials Work
Although more ambitious and demanding than their predecessors, Millennials have a tendency to put the organization they work for behind other priorities including but not limited to friends, online communities, and personal passions. They believe life is short and their individuality should be embraced and supported by their every day lives including how they earn a living.
While this trait may be concerning to many organizations, the fact remains that self-concerned millennial talent is slowly replacing the nose-to-the-grindstone generations before them and with that, they hold the future of the workplace in their hands. Since organizations must hire more and more millennial employees, finding a way to understand, address, and solve new challenges relating to employee attraction and retention is critical to business success.
Attracting and Retaining Millennial Talent with your ERP
Basic concepts of psychology tell us that Millennials want the same thing as any other employee: a great place to work. From a millennial perspective, a great work environment means access to information, constant communication, instant information, superior file sharing, and above all else the latest technology innovation to efficiently address new challenges and take their tech skill set to the next level. While offering the new generation of workers all these may be difficult, it’s not impossible.
In fact, Acumatica Cloud ERP not only provides all these, they also enable employees complete tasks on the go, collaborate with people across different geographies, make important decisions quickly, and coordinate teams and projects easier than ever before.
Here is how Acumatica Cloud ERP makes all these possible:
Communication.
As different people work on a project, efficient communication is essential to ensure that information reaches relevant parties on time. Poor communication between departments can lead to negative outcomes, which usually result in missed opportunities and financial losses. Acumatica Cloud ERP's Customer Management Suite improves communication between departments, unifying all business functions into one software solution that collects, processes, and makes data available in real time.
Information in an Instant.
Having used information search engines since seemingly birth, millennials are more aware of the power of instant gratification more than older employees could ever be. Acumatica Cloud ERP features fantastic communication capabilities and searches can help you customize orders and workflows, and address current issues on the spot, which will streamline nearly all business activity.
Bring-Your-Own-Device.
Millenials love to bring their own devices to the table because this gives them more flexibility and caters to their specific tastes but this is also beneficial to any organization employing them. Synchronizing employees' devices with the Acumatica system will allow them to complete job tasks on the go, bringing you more business, anywhere any time.
File Sharing.
Without file sharing, collaboration is very difficult, often requiring employees to get together in person to work on projects. Luckily, Acumatica Cloud ERP's Employee Portal Module facilitates file sharing and changes the way organizations operate, making collaboration on documents more streamlined without compromising the safety of sensitive information. Due to their incredible tech-savvy, Millennials often know how to use a variety of IT systems and how to convert and transfer files in different formats. Their skill paired with the powerful Acumatica ERP allow them to work on the same documents remotely, make changes in real time, and then share the most recent document versions with each other or anyone else on the system.
Acumatica is the Answer
While you may never see a millennial employee wearing a stiff white collar and polished cuff links, you will see them using their creative thinking and innovative knack to make the world and its business organizations a better, more technologically-savvy place. Moreover, Millennials not only possess all the skills necessary to research and find new, innovative ways to do the same job better, but are also willing and able to communicate with others on a global scale which is essential to growth.
It's true that most Millennials have high expectations but it is also true that they have the potential and drive to be a high-performing workforce ready to offer services that exceed expectations. With customer service at the forefront of business concerns, hiring employees capable to excel in everything they do is critical to secure the future of your business.
So, should you start making changes to your business to start attracting the Millennial workforce that you will soon wish you had? ABSOULTELY! Acumatica Cloud ERP is a modern ERP system that can help you attract and retain millennial talent and bring your business to unprecedented heights!
