UGC Approved Journal no 63975(19)

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Published in:

Volume 5 Issue 12
December-2018
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR1812940


Registration ID:
193929

Page Number

263-272

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Title

Indian Millennial workforce: Finding the workplace sweet-spot

Abstract

Every Generation brings with it its own challenges and its own opportunities. They in turn are shaped and/ or shape the future of their country- its economy and culture. At the same time, organizations go through the state of confusion/ disorientation as the world around them is changing. Since the workplace today is seeing the convergence of three generations, role of HR has to move from being inward-out focused to outward-in focused. Taking the help of analytics tools, the HR needs to work to understand the key drivers of the new generation of workforce, analyzing and looking at overall organizational readiness and preparing workplace environment- physical as well as socio-cultural that has win-win for both the organizations as well as the employees. So the challenge is to find a sweet spot between the demand of workforce from the organization as well the Demand of the millennial workforce. To find the workplace sweet-spot for millennials and organizations in the context of growing economy the article suggests two things, viz., Identify a base – The Threshold Factors, for understanding the needs of the millennials and the Organizations and Charting out a structure for creating a sweet-spot for the employers and the employees of the millennial and identifies three threshold factors that are gradually defining the terms of individual and organizational growth today, which are advent of digital technologies – Industry 4.0, Employability and the challenge of Learning and Skill ecosystem and the growing tribe of Entrepreneurship- Job Creators rather than Job seekers.. It discusses the Millennial paradigm shift in terms of redefining the meaning of Office Space, Time, Value add, Mindset, Team and Entrepreneurship. In the context of The Millennials in India, the realities and the challenges throw some very interesting win-win options for both the organizations and HR to tap into untapped potential of the rural and tier two millennial, skill them to the organizational requirements and harness their aspirations to organizational long term requirements. A model - “Millennial sweet-spot” has been developed taking cognizance of working within the ambit of the Three ‘Threshold Factors’.

Key Words

Indian Millennial workforce, HR Challenges

Cite This Article

"Indian Millennial workforce: Finding the workplace sweet-spot", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 12, page no.263-272, December-2018, Available :http://www.jetir.org/papers/JETIR1812940.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Indian Millennial workforce: Finding the workplace sweet-spot", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 12, page no. pp263-272, December-2018, Available at : http://www.jetir.org/papers/JETIR1812940.pdf

Publication Details

Published Paper ID: JETIR1812940
Registration ID: 193929
Published In: Volume 5 | Issue 12 | Year December-2018
DOI (Digital Object Identifier):
Page No: 263-272
Country: Ranchi, Jharkhand, India .
Area: Management
ISSN Number: 2349-5162
Publisher: IJ Publication


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