Millennials’ Lack of Analytical Acumen Could Hurt You

Via Chief Learning Officer:
According to Robert G. Smith, senior vice president of AMA, despite their familiarity with technology, millennials aren’t seen as having equal analytics savvy. So there’s a disconnect — the first element of news. Second, Smith believes what’s really at issue here is an analytical mindset, which includes both quantitative and qualitative ability more than any specific number-crunching skill.
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Points:
  • “… employees need to know what to look for, what questions to ask, and how to make inferences and draw conclusions based on data to drive the organization forward.”
  • “…when we speak of Gen Y — or any generation for that matter — we are describing the overall tendencies of that cohort. There certainly are individuals within that group who don’t fit the generalization.”
  • “…what do we mean by analytical ability? It includes the skill to analyze broad sets of data from numerous sources, to understand and solve complex problems, to form a plan of action and to communicate that to others. Essentially, it’s the ability to sift through the tremendous amount of data that we are exposed to in our businesses, understand what’s important and then turn this data into actionable insights that can inform business strategy and tactics.”
  • “For millennials who find themselves less than adequately prepared I suggest deliberately putting themselves in challenging if not uncomfortable positions at work, especially if their companies have good mentoring programs.”