New Rules of Leadership: Gen Y Managers

Abstract

Generation Y also known as Millennials is a unique generation whose behavior varies a lot from the previous generations. Being the largest demographic group in India, Generation Y is influencing and dominating the workplaces to a large extent. These young employees have already started to acquire leadership positions in the corporate world. Generation Y has altogether different expectations from work than Generation X. As this generation will be determining the future of leadership, understanding their behavior as managers is very essential. This article studies the new rules of management put by millennial managers. It focuses on understanding the traits that make millennial managers different. It will prepare the companies to meet the challenges, which the future leadership may pose at work. Major findings reveal that millennial mangers prefer participative leadership; they treat their employees with care and concern and prefer flexibility at work. They like to change policies and methods that no more add value at work.