Jeff Fromm: Zappos Embraces Holacracy as the Millennials Shape the Future of Work

 PSFK by Leah Swartz, FutureCast 


As powerful consumers, marketers have had their eye on the millennial generation for some time now. These young adults born between 1977 and 2000 have revolutionized the consumer economy and created the most connected and innovative culture in history. However, while marketers were spending their time trying to understand these young adults from a consumer perspective, millennials were busy growing up, graduating college and entering what we like to call, the real world.
Today, millennials represent a strong majority of the workforce and by 2020 they will make up 50 percent of the total adult working population in the United States. Unfortunately, millennials are a generation that is still largely affected by unemployment. More than 15 percent of millennials are currently unemployed and just one third has obtained a bachelor’s degree. A large reason for this high percentage of unemployment is largely due to the fact that millennials are having a hard time finding jobs that align with their values and future goals.
Unlike previous generations, millennials are not willing to get a job simply for the reason of “having a job.” As a highly aspirational generation, these young adults feel very strongly about the places they work and don’t want to be just another cog in the machine. Millennials want work environments that align with their collaborative nature and propensity to voice their opinions.
In an effort to adapt to a new workplace structure that is more millennial focused, many brands are turning towards the concept of Holacracy. However, Zappos is the leader when it comes to the implementation of a self-governed work environment.

What is Holacracy?

This Infographic Shows How Millennials Transform the Work Environment

As we start 2016, let’s look at the top 10 trends that will change the way we work.

2016 will be an amazing year for all of us, as long as we’re prepared for these trends. Don’t try and fight it, these things are coming whether we like it or not. Better to embrace these trends and accept them.

This infographic was crafted with love by Officevibe, the employee engagement survey software to help companies improve morale.