The millennial generation may have plenty of critics. But a leader in one of the world’s cutting-edge technology companies envisions great achievements ahead for what is sometimes referred to as “generation Y,” and both he and the company he leads is ready to do business with them. “Having three millennials living in my house, I’m most certainly interested in them!” quips Kevin Gilroy, Sr. Vice President for the global small and mid-market segment at SAP Technology.
Listen to the Interview Here
Gilroy joined me in the BigWorld of SmallBusiness and said that “from a business perspective, when we look at where the money is going, 75% of the workforce will be millennials by 2025. Already today we’re seeing millennials running many small and medium companies and at minimum, influencing the technology decisions of most SME companies around the world.”
Millennials View of Technology
Gilroy says that millennials view technology in fundamentally different ways from those of his own baby-boomer generation. Noting that older business leaders have historically viewed technology as an expense – and one that was usually incurred for the sake of long- term cost cutting, “millennials look at technology very differently” he says. “They see it as a growth enabler, as a top line revenue producer. They have a completely different relationship with technology than an immigrant to the digital world, like myself.”
Millennial Generation & Success
Gilroy calls the millennial generation the “always on, always engaged” generation, and claims that businesses that are prepared to embrace these attributes will be better prepared for success in the future.