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November 3rd, 2008

The Wall Street Journal weighs in

Posted by George Babu. Corporate Development & IP

We had a hunch about how the workplace was going to change, so we built Rypple. We have a deep seated belief in our hunch, and don’t really need the affirmation…but still, it makes me happy to see that the Wall Street Journal, that grand poobah of newspapers. Here’s what they had to say:

Millennials want loads of attention and guidance from employers. An annual or even semiannual evaluation isn’t enough. They want to know how they’re doing weekly, even daily.

Can Rypple easily get you daily feedback? Check.

managers must tread lightly when making a critique…. Some managers have seen millennials break down in tears after a negative performance review and even quit their jobs. “They like the constant positive reinforcement, but don’t always take suggestions for improvement well,” says Steve Canale, recruiting manager at General Electric Co. In performance evaluations, “it’s still important to give the good, the bad and the ugly, but with a more positive emphasis.”

Does Rypple prevent this breakdown at the annual review by giving gentle guidance throughout the year? Check!

If a job doesn’t prove fulfilling, millennials will forsake it in a flash. Indeed, many employers say it’s retention that worries them most…If employers fail to provide the opportunities and rewards millennials seek, he says, they’re likely to drop out of the corporate world as he did and become entrepreneurs. “We get stifled when we’re offered single-dimensional jobs,” he says. “We are multi-dimensional people living and working in a multi-dimensional world.”

Will Rypple help make a job fulfilling (to the extent possible) by increasing communication, reducing anxiety, and helping people improve? Check.

Status and hierarchy don’t impress them much. They want to be treated like colleagues rather than subordinates and expect ready access to senior executives, even the CEO, to share their brilliant ideas.

Will Rypple help break down hierarchical barriers by lowering the barriers to getting feedback from managers? Check

Millennials were bred for achievement, and most will work hard if the task is engaging and promises a tangible payoff

If anyone says “forget the Millenials, they’re too much trouble”, then they’re losing out on a valuable resource!


Check out the original article.

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