A Millennial Responds to Simon Sinek's Response on Millennials
Written by: Nicole Anglace
Have you seen Simon Sinek’s response to the “Millennial question” on Inside Quest? As with any viral video, there have been a great number of reactions to it. (Click the image to view)
Some were very positive; Simon stated that since the release of this video many viewers have indicated that they have now started to ban the use of cell phones in meetings and others are even turning their phones off when they get home.
Some have been a bit critical. That being said, I would like to review Simon’s take on my generation.
Millennials: Entitled, Narcissistic, Self-Interested, Unfocused, Lazy
These adjectives are, quite frequently, used to describe my generation. For some, they may have a degree of truth behind them and perhaps for good reason. But I hope that, by and large, these accusations are largely erroneous. However, I do agree with Simon, these descriptions do tend to stem from several characteristics.
Simon’s 4 Characteristics of Millennials
Parents and “Failed Parenting Strategies”
As Simon discusses the detrimental aspects of our upbringing, he explores the impacts of both helicopter parenting and, the infamous, participation trophy. To me, the argument here is essentially that the efforts of our parents. While their intentions may have been laudable, this practice inadvertently taught us a rather poor lesson. The things we want in life will happen, often with little personal effort. This certainly ties in with the sense of entitlement.
However, at least to me, it feels like Simon justifies this by saying that it’s not the Millennial’s fault… that we were simply dealt a bad hand. I wholeheartedly disagree with this statement. Saying this removes the responsibility from the Millennials and puts it on our parents. It would be more appropriate to say that we have adhered to and lived by the idea that we can do anything we want to do (as our parents taught us when we were you) perhaps to a fault. It is our responsibility to acknowledge this faulty mental frame and adjust so that it functions within the bounds of the guidelines set forth by our firms.
We can still achieve our goals, but we must learn to go about it in the proper manner. An effort which may necessitate proper mentoring from our coworkers and leaders.
As Simon mentions, cell phones and social media are more intrusive and detrimental than many of us may realize. Rather than us programming our devices, it is the other way around. Many of us have experienced the phenomenon of a phantom rings/vibration. We react to our phones even if the stimulus is imagined.
What’s worse is that we let technology impact us both emotionally and psychologically. When we are separated from our devices many of us panic, it’s as if a part of us has been removed.
As Simon indicates, many of us have become addicted to the rush of dopamine we often experience when we scroll through social media and count our likes. Simon mentions the fact that researchers have discovered a correlation between Facebook usage and symptoms of depression.
To that end, I feel it is important to mention that a relationship has also been established linking Facebook use with the each of the Big Five, most notably self-esteem and narcissism. Clearly, human nature is quite complex, and understanding the inner-workings of a subset requires a much larger lens than we may be prepared to handle.
As things stand, technology has a persistent grasp on our lives. We need to learn to detach from it and reintegrate ourselves with the real world. To expound on Simon’s other point, we no long focus on the propagation or nurturing of relationships. In fact, it has gotten to a point where we would much rather send a quick text to satisfy our need for social interaction than ask our coworker about the status of a family member after a surgery. We need to disconnect in order to reconnect.
We grew up in a world where instant gratification is presented as the norm. You want to know the score of the super bowl? Just google it. Can’t find a good restaurant? Use Yelp. Need gas? Gasbuddy. Need groceries but you can’t drive? Uber… or, if you’re lucky, AmazonFresh. Every facet of our lives has an app/device that can provide you with the answers or results you seek.
Given that our world has become increasingly more automated and everything is instant, it is no wonder that we have developed an inability to be patient. While I neither condone nor support it, I can certainly understand why some of my generational cohorts are criticized for being impatient, especially in the workforce. Perhaps the longest waits we regularly encounter are simply to update the apps on our phones.
I do agree with Simon here; we need to learn that this expectation for instant fulfillment doesn’t translate to the workforce. In order to make an impact and have total job fulfillment, we need to come to grips with reality. This takes time. We have to put in the effort and realize that we can’t look at this in the short term, the “impact” of our efforts in the workforce has a cumulative effect that will not have a fruitful yield in the short term.
Learning this virtue of patience is not easy. Perhaps, one thing that will help nurture it is proper guidance and clarity at work, especially regarding the firm’s expectations for you.
When addressing this characteristic, Simon discusses his belief that corporate environments are failing to provide the Millennials (and, subsequently, Gen Z) with the leadership necessary to instill the proper values and skills needed to succeed in the workplace. He continues to say that given the state of things, it is now on the shoulders of company to help the employee overcome the challenges of the digital generation and the need for instant gratification.
The focus needs to shift from the long term life of the individual than the short term gains and the numbers. But most of all, Simon says cell phones ought to be banned in meetings. This rule is suggested to help us regain that social aspect of our lives that we seem to be lacking.
As I’ve mentioned throughout my review of Simon Sinek’s response to the “Millennial Question”, ensuring that your company has good leaders and effective mentors is imperative. We don’t want our hands held, but we do want guidance. We want to do more than succeed, we want to excel.
In order to do that, we may need help overcoming our shortcomings. It comes down to this: invest in us and we will reward you.
China's Push Toward Excellence Delivers a Global Robotics Investment Opportunity
Written by: Jeremie Capron
China is on a mission to change its reputation from a manufacturer of cheap, mass-produced goods to a world leader in high quality manufacturing. If that surprises you, you’re not the only one.
For decades, China has been synonymous with the word cheap. But times are changing, and much of that change is reliant on the adoption of robotics, automation, and artificial intelligence, or RAAI (pronounced “ray”). For investors, this shift is driving a major opportunity to capture growth and returns rooted in China’s rapidly increasing demand for RAAI technologies.
You may have heard of ‘Made in China 2025,’ the strategy announced in 2015 by the central government aimed at remaking its industrial sector into a global leader in high-technology products and advanced manufacturing techniques. Unlike some public relations announcements, this one is much more than just a marketing tagline. Heavily subsidized by the Chinese government, the program is focused on generating major investments in automated manufacturing processes, also referred to as Industry 4.0 technologies, in an effort to drive a massive transformation across every sector of manufacturing. The program aims to overhaul the infrastructure of China’s manufacturing industry by not only driving down costs, but also—and perhaps most importantly—by improving the quality of everything it manufactures, from textiles to automobiles to electronic components.
Already, China has become what is arguably the most exciting robotics market in the world. The numbers speak for themselves. In 2016 alone, more than 87,000 robots were sold in the country, representing a year-over-year increase of 27%, according to the International Federation of Robotics. Last month’s World Robot Conference 2017 in Beijing brought together nearly 300 artificial intelligence (AI) specialists and representatives of over 150 robotics enterprises, making it one of the world’s largest robotics-focused conference in the world to date. That’s quite a transition for a country that wasn’t even on the map in the area of robotics only a decade ago.
As impressive as that may be, what’s even more exciting for anyone with an eye on the robotics industry is the fact that this growth represents only a tiny fraction of the potential for robotics penetration across China’s manufacturing facilities—and for investors in the companies that are delivering or are poised to deliver on the promise of RAAI-driven manufacturing advancements.
Despite its commitment to leverage the power of robotics, automation and AI to meet its aggressive ‘Made in China 2025’ goals, at the moment China has only 1 robot in place for every 250 manufacturing workers. Compare that to countries like Germany and Japan, where manufacturers utilize an average of one robot for every 30 human workers. Even if China were simply trying to catch up to other countries’ use of robotics, those numbers would signal immense near-term growth. But China is on a mission to do much more than achieve the status quo. The result? According to a recent report by the International Federation of Robotics (IFR), in 2019 as much as 40% of the worldwide market volume of industrial robots could be sold in China alone.
To understand how the country can support such grand growth, just take a look at where and why robotics is being applied today. While the automotive sector has historically been the largest buyer of robots, China’s strategy reaches far and wide to include a wide variety of future-oriented manufacturing processes and industries.
Electronics is a key example. In fact, the electrical and electronics industry surpassed the automotive industry as the top buyer of robotics in 2016, with sales up 75% to almost 30,000 units. Assemblers such as Foxconn rely on thousands of workers to assemble today’s new iPhones. Until recently, the assembly of these highly delicate components required a level of human dexterity that robots simply could not match, as well as human vision to help ensure accuracy and quality. But recent advancements in robotics are changing all that. Industrial robots already have the ability to handle many of the miniature components in today’s smart phones. Very soon, these robots are expected to have the skills to bolster the human workforce, significantly increasing manufacturing capacity. Newer, more dexterous industrial robots are expected to significantly reduce human error during the assembly process of even the most fragile components, including the recently announced OLED (organic light-emitting diode) screens that Samsung and Apple introduced on their latest mobile devices including the iPhone X. Advancements in computer vision are transforming how critical quality checks are performed on these and many other electronic devices. All of these innovations are coming together at just the right time for a country that is striving to create the world’s most advanced manufacturing climate.
Clearly, China’s trajectory in the area of RAAI is in hyper drive. For investors who are seeking a tool to leverage this opportunity in an intelligent and perhaps unexpected way, the ROBO Global Robotics & Automation Index may help. The ROBO Index already offers a vast exposure to China’s potential growth due to the depth and breadth of the robotics and automation supply chain. As China continues to improve its manufacturing processes to meet its 2025 initiative, every supplier across China’s far-reaching supply chains will benefit. Wherever they are located, suppliers of RAAI-related components—reduction gears, sensors, linear motion systems, controllers, and so much more—are bracing for spikes in demand as China pushes to turn its dream into a reality.
Today, around 13% of the revenues generated by the ROBO Global Index members are driven by China’s investments in robotics and automation. Tomorrow? It’s hard to say. But one thing is for certain: China’s commitment to improving the quality and cost-efficiency of its manufacturing facilities is showing no signs of slowing down—and its reliance on robotics, automation, and artificial intelligence is vital to its success.
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