Cloud driving entrepreneurial spirit of millennials

FOR the first time in our lives, we see five generations co-existing at the workplace and the marketplace. As a Gen X, I have seen my share of generation gaps, but what makes the situation more unique now is the diversity of thought, attitude, and outlook among these generations. Millennials are the latest generation to enter the workforce and form a large group of consumers and decision makers of products and services. Understanding them is key to success - both at work and outside.

According to a study done by Deloitte in 2013, the basic instincts of the millennial generation are ownership, accountability, innovation, and positive impact. They want to create positive impact in communities around them. They do not hesitate to leave an organisation if they feel that they do not belong there.

But most importantly, millennials take pride in their spirit of entrepreneurship. For them, work is no longer about a nine-to-six shift. Their spirit of entrepreneurship ensures that they demand access and expect always-on connectivity. Millennials are mobile and cloud natives - having known and worked on computers and mobile devices almost their entire lives. They carry these expectations to their employers. Millennials have seen a whole generation of retail, travel, and hospitality products and services going online. They demand similar experiences from the way they work and connect.