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How to Build Healthy Competition Between Millennial Employees?

How to Build Healthy Competition Between Millennial Employees?

Millennials have been portrayed as the laid-back, entitled generation that doesn’t want to work for what they want. With this kind of reputation, many may wonder whether it’s possible to get this generation to compete with each other in the workplace. Turns out, it is! Encourage healthy competition between Millennial employees with these tips:

Consider the end goal.

When Millennials are asked to compete with each other for promotions or special assignments at work, they may not respond well. Millennials value collaboration, so turning against each other to get ahead is not natural to this generation. Instead of making a promotion or new job the end goal, try making it something fun such as a “leave a day early” pass or a front row parking spot. This way, the competition can keep a lighthearted, friendly tone while still motivating employees enough to work hard.

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Group Millennials together.

Instead of having each employee compete against each other, group the department into separate teams. Make sure that you think carefully about the teams. Teams should have members with very different strengths and weaknesses so that each member has a chance to shine. Millennials love to collaborate, so competing against another team, while getting the chance to work with their co-workers is the best way to keep them motivated and engaged in a little healthy competition.

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Talk about the journey.

Even if some of your employees don’t reach the end goal, you should still take the time to speak with them about the journey that they took in their attempt. Pull them aside for a one-on-one conversation to discuss what could have been done differently, what they succeeded at, and where they should improve. If they were in a group, be sure to single out their individual contribution to the assignment. This open and honest conversation will keep that employee motivated and competitive, ready to fight in the next office challenge!

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Encourage self-improvement.

Even when there’s no specific project or competition currently taking place in the office, leaders should still encourage Millennial employees to improve on their own. The mindset of stepping over people on your way to the top is not widely accepted by Millennials. Instead, this generation prefers to challenge themselves and believes in empowering employees to be independent. The best way to do this is to always create a culture that fosters self-improvement. Have employees train with co-workers from other departments to learn more about what they do, encourage their involvement in community organisations, and alert employees of any upcoming networking opportunities that may help them professionally. If you get employees to start thinking that they should always be on the path to improvement, then an atmosphere of healthy competition will soon follow.

Recap as a group.

Challenge Millennials in your office to solve a problem that has been plaguing the business for some time. Once the challenge is over, pick the team or single employee with the best solution. Then, bring everyone together as a group and go over what each team came up with. Lead an open conversation with everyone about the pros and cons of each. Let the group leaders talk about how their team came up with the decision, and why they thought it was the right way to go. Sometimes, competition can be viewed as cutthroat and secretive, but when you hold open discussions like this with everyone involved, it helps Millennials understand how to compete in a healthy, team atmosphere.

Do you lead a group of Millennial employees? How have you managed to create healthy competition in the workplace? Share your strategies in the comments below!

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Joel Goldstein

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Last Updated on June 13, 2019

15 Best Entrepreneurs Books to Start Reading Now to Be Successful

15 Best Entrepreneurs Books to Start Reading Now to Be Successful

Knowledge is power, and you’re going to need a lot of it if you’re going to be able to steer your business to success.

Without further ado, let’s take a look at the 15 best entrepreneurs books to get inspirations about success and grow your business.

1. Think and Grow Rich by Napoleon Hill

    This book has been dubbed the Granddaddy of All Motivational Literature, and it was actually the first book that gave a prescription of what it takes to be a winner.

    Napoleon Hill draws from the stories of millionaires like Henry Ford, Andrew Carnegie, and Thomas Edison to illustrate the principles he put forth.

    Get the book here!

    2. The Lean Startup by Eric Reis

      A lot of startups end up failing, but many of these failures are actually avoidable. The Lean Startup provides a different approach that is now being adopted all over the world and changing the way that companies are developed and products are being launched.

      In The Lean Startup, Eric Reis describes what is required for a company to penetrate the fog of uncertainty in order to discover a path to a sustainable and successful business.

      Get the book here!

      3. The E-Myth Revisited by Michael E. Gerber

        In a revised edition of the 150,000-copy bestseller, The E-Myth, Michael Gerber refutes some of the myths that surround starting your own business and shows just how commonplace assumptions can end up getting in the way of being able to run a successful business.

        Gerber succeeds in walking the reader through the steps that occur in the life of a business, from infancy, through the pains of growing as an adolescent, to the perspective of the mature entrepreneur.

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        Get the book here!

        4. Rework by Jason Fried

          Most of the business books that you get today will give you the same advice: draft a business plan, study the competition, look for investors, and all that.

          However, Rework shows you a more effective, easier and faster means of succeeding when running a business. By reading it, you’ll be able to know why some plans are harmful, why you don’t really need to get investors, and why you’re better of shutting out your competition.

          Get the book here!

          5. How to Win Friends and Influence People by Dale Carnegie

            This is one of the most successful motivational books in history, selling well over 15 million copies since it was released in 1936. The book is timeless, and it appeals to businesses, self-help startups, and general readers.

            Carnegie believes that a lot of successes come from an ability to communicate rather than having brilliant insights. In his book, he teaches how to value others and make them feel appreciated and loved.

            Get the book here!

            6. Outliers: The Story of Success by Malcolm Gladwell

              Through this amazing book, Malcolm Gladwell is able to take the reader on an intellectual journey through the world of ‘outliers’. He asks the question of what truly differentiates high-achievers.

              His answer to this question is that we tend to pay too much attention to what successful people are like, and less attention to where they are actually from.

              Get the book here!

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              7. Rich Dad, Poor Dad by Robert T. Kiyosaki

                This is the best personal finance book ever written. It tells the story of Kiyosaki and his two fathers; his real father, and that of his best friend (his rich dad), as well as how the two men helped him shape his opinions on money and investing.

                It refutes the myth that you need to earn high to become rich, and it distinguishes between working for money and having money work for you.

                Get the book here!

                8. The Ascent of Money: The Financial History of the World by Niall Ferguson

                  Niall Ferguson, in this book, follows the money to tell the story behind the evolution of the word’s financial system, from the beginning way back in ancient Mesopotamia to the latest occurrences in what he had dubbed Planet Finance.

                  Fergusson also reveals financial history as the backstory behind our very own history, with an argument that the evolution of debt and credit is as significant as the history of technological innovation and the rise of civilization.

                  Get the book here!

                  9. Liar’s Poker by Michael Lewis

                    Michael Lewis landed a job at Salomon Brothers after getting out of the London School of Economics and Princeton within three years, he had risen to the rank of bond salesman, making millions for the firm and cashing out steadily.

                    Liar’s Poker is the amalgamation of these years — a look behind the scenes at one of the most turbulent times in American business. His book is Lewis’s account of an era where greed and gluttony were the order of the day.

                    Get the book here!

                    10. Drive: The Surprising Truth about What Motivates Us by Michael H. Pink

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                      A lot of people see money as the best motivator. Michael pink says it’s a mistake.

                      In this provocative book, he asserts that the secret to high performance anywhere is the need to direct our lives, to learn and create, and to do better by our world and ourselves.

                      Get the book here!

                      11. Getting Things Done: The Art of Stress-Free Productivity by David Allen

                        Outdated methods don’t work in today’s world. In this book, Allen shares some awesome methods for stress-free performance that he has shared with thousands of people all over the world.

                        His premise? That productivity is proportional to your ability to relax.

                        Get the book here!

                        12. The 7 Habits of Highly Effective People by Stephen R. Covey

                          In this book, Stephen Covey presents a holistic approach for overcoming both professional and personal issues. With insights and anecdotes, Covey presents a way to live with integrity fairness, service and dignity.

                          Get the book here!

                          13. The 4-Hour Workweek: Escape the 9-5, Live Anywhere, and Join the New Rich by Tim Ferriss

                            In this book, Ferriss dishes on the tips he has learned from studying the New Rich, a subculture of people who did away with the deferred life plan and mastered time and mobility to developed luxury lifestyles for themselves.

                            If you’re looking to make your way in this revolutionary new world, this here is your compass.

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                            Get the book here!

                            14. Delivering Happiness: A Path to Profits, Passion, and Purpose by Tony Hsieh

                              The CEO of Zappos shows how a unique kind of corporate identity can help deliver a huge difference in the way results are being achieved — by creating a company that values and delivers happiness.

                              Get the book here!

                              15. Losing My Virginity: How I Survived, Had Fun, and Made a Fortune Doing Business My Way by Richard Branson

                                From Virgin Atlantic Airways, Virgin Records and V2 to Virgin Cola, Virgin Megastores and a wide array of other companies, Richard Branson is the rockstar billionaire that a lot of us want to be.

                                Branson, however, did business by following a simple philosophy:

                                “Oh, screw it, let’s do it”

                                Losing My Virginity is an unusual, borderline outrageous autobiography of one of the greatest business geniuses in the world. Branson and his friends named their business “Virgin” because that was what they were — virgins at the game.

                                Since then, he’s written his success rules, creating a global business that has no headquarters, no management structure no corporate identity as it were.

                                Get the book here!

                                More Inspirations for Entrepreneurs

                                Featured photo credit: rawpixel via unsplash.com

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