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Today's advice comes from Maddalone Global Strategies CEO Joe Maddalone's post at Forbes: "Put young executives in 'the game' — push them to be great. Our generation understands the risks that are at stake. We don’t want training wheels. We just want an opportunity to demonstrate that we can succeed." Maddalone, 22, who runs an executive search firm, says younger employees -- or any employees, for that matter -- shouldn't be coddled or cast aside. He often hears from young executives that's they're underutilized and frustrated, eager to have more responsibility but not trusted enough by their managers who maybe are a little too set in their ways. But just because the younger staffers are a little greener than the industry vets (inevitably so), it doesn't mean they don't deserve the chance they crave to contribute and drive the company forward. Foster a culture, Maddalone suggests, in which age and prior experience isn't a factor. And if a younger exec doesn't carry his or her weight, don't offer different treatment then, either -- fire that worker. Maddalone himself is so committed to getting a chance at real business success that he recently shared his story of cold-calling energy tycoon T. Boone Pickens every day for 30 days, until he got an answer. He landed an internship, and a couple of years later is leading his own firm. Not only will a newer, fresher set of ideas and perspectives help your company avoid staying stuck in the same already-tried strategies, he suggests, allowing younger employees to have active roles will boost your confidence in their ability to successfully guide the business when you reach retirement age. "Succession planning is the most important aspect of any organization, and a deep bench of young executive talent is critical for long-term success." Want your business advice featured in Instant MBA? Submit your tips to tipoftheday@businessinsider.com. Be sure to include your name, your job title, and a photo of yourself in your email. Please follow War Room on Twitter and Facebook. |
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