Tag Archives: mentorship

Generation Z Job Advancement Difficulties Continue

Revealing reports are exposing the extent to which Gen Z is grappling with a far tougher job market than ever before, spurring overwhelming financial angst and uncertainty. Below Gen Z authority, attorney and legislative policy pundit Cheyenne Hunt, J.D. — a  TikTok influencer with 93.3K followers and 3.7M likes on the platform — provides front-line perspective on the trending topic. 

“The challenges we Gen Z’ers face in today’s job market are unique and complex as we navigate unprecedented economic shifts and evolving workplace dynamics,” she said. “A better understanding of the systemic hurdles and barriers hindering Gen Z’s professional growth is needed to spark dialogue and help employers, policymakers and career advisors develop strategies to support this highly consequential generation of talent.” 

6 Issues Stifling Gen Z Career Advancement

caucasian-businesswoman-looking-at-road-sign-d.jpgGen Z, of which I am a part, has been dealt a rough hand with regard to this generation’s entrance into the workforce at large. We’ve collectively experienced so many “unprecedented” events throughout our formative years that have caused many to lose their meaning and purpose in their professional and personal life. For executives seeking to understand, and aptly integrate, Gen Z into staff teams, it’s essential to recognize and address the unique challenges and needs of this consequential generation greatly influencing the workforce. While there are a litany of issues undermining Gen Z career prospects, there are a few key set of obstacles that must be overcome to bolster this generation’s advancement opportunities:

1. Economic Inequality
Gen Z enters the job market with significant financial burdens, including high costs of living, especially in urban centers. To attract and retain these young talents, consider implementing comprehensive benefits packages that alleviate these pressures. This could include competitive salaries, housing stipends, or student loan repayment programs. By addressing economic barriers directly, your company can become a more attractive and viable option for Gen Z candidates who are often forced to make career decisions based heavily on financial factors.

2. Job Market Instability
Gen Z values stability as much as flexibility. In response to the economic volatility they’ve witnessed, it’s important to emphasize job security and long-term career prospects within your company. Develop clear career pathways and foster a culture that rewards dedication and innovation. Regularly communicate these pathways and growth opportunities to ensure young employees see a future within your organization.

3. Lack of Internal Opportunities for Upward Mobility
As outside hires for managerial rolls continue to increase in popularity, Gen Z struggles to find a purpose in work that does not present opportunities to be recognized by a promotion in status or salary in conjunction with increased skill and responsibility. In fact, many studies have found that young workers are more likely to achieve career advancement by jumping ship to a new employer every three years or less. 

4. Technological Disruption
Rapid technological advancements lead to job displacement and the need for continuous upskilling, which can be particularly challenging for Gen Z entering the workforce. Automation threatens traditional entry-level roles, requiring Gen Z to adapt and acquire new skills to remain competitive in a job market they may not have even found a place in yet. Consider, leveraging Gen Z’s tech-savviness by involving them in digital transformation initiatives within your company. Offer roles that challenge them and allow them to work with cutting-edge technologies.

5. Lack of Mentorship and Networking Opportunities
Gen Z may lack access to mentors and professional networks that can provide guidance and opportunities for career advancement. Remote work creates fewer opportunities to make advantageous connections intentionally or even in passing. Traditional networking avenues may be inaccessible or less effective for Gen Z, who often rely on digital platforms for networking, which may not offer the same depth of connection.

6. Student Debt Crisis
Student debt is a pervasive concern for Gen Z, shaping their career paths and life choices. As an employer, offering programs such as tuition reimbursement or scholarships for further education can set your company apart. Additionally, support flexible work arrangements that allow for continuing education, enabling employees to pursue degrees or certifications that enhance their career growth while gaining valuable work experience.

Addressing these issues requires systemic changes in education, employment policies and societal attitudes to ensure more equitable opportunities for Gen Z career advancement. Given this generation is poised to soon become the largest sector of the workforce, it’s in everyone’s best interest to better set Gen Z up for success as a matter of public policy, economic stewardship and plain old good business practices. For the Silo, Cheyenne Hunt, J.D.

Cheyenne Hunt, J.D. is a progressive advocate and attorney specializing in progressive activism, legislative advocacy, communications and democracy-focused tech policy.  She currently serves as a Big Tech Accountability Advocate with Public Citizen. Hunt graduated from the University of California Irvine School of Law, has earned Dual Degrees in Political Science and Public Policy from the University of Denver and serves as a board member for The Women of Global Change. 

Why Getting a Business off the ground takes Guts

Being an entrepreneur is a calling for those who not only cope well with risk, but thrive on the challenges it presents. Those who are satisfied by the comfort of a secure job and a steady paycheque need not apply.
Being an entrepreneur is a calling for those who not only cope well with risk, but thrive on the challenges it presents. Those who are satisfied by the comfort of a secure job and a steady paycheque need not apply.

It’s an idea that has crossed the minds of virtually everyone who has worked for somebody else, regardless of the job.

As you put in time and labour that ultimately benefits someone else’s business, it dawns on you: Why can’t I just set up shop and do this myself? Why can’t I be the one taking home the big money after all the bills are paid and enjoying the independence of running my own show?

They’re great questions, but the answers aren’t for everybody.

Actually making the decision to give up the security of a steady job, and the regular paycheque and benefits that come along with it, takes a lot of guts and perseverance — especially in today’s highly competitive economy.

Unless you are among the fortunate ones backed by deep resources, the bottom line is this: when you first set out to become an entrepreneur, you are truly on your own. It’s just you and your idea. And it will be the marketplace — relentlessly detached and unemotional — that determines whether you make it or not.

Budding entrepreneurs who do take the risk to start up their own business generally face two key barriers — capital and human resources.

Many entrepreneurs owe their initial success to the trust of friends and family members, who invest funds in their start-up idea. These types of loans can be troublesome if the proper precautions aren’t taken. Make certain the terms of all loans from friends or relatives are spelled out clearly in a promissory note prepared by a lawyer. You may not be dealing with a bank or a financial institution, but you have to treat repayment in the same manner to avoid conflict with your lenders, who also may happen to be your best friend or your sister.

It’s also important to keep your credit record as clean as possible and establish a line of credit, which you can access for instant cash flow at certain times.

Start-ups are limited to hire only the personnel who they can afford, which often means running on a skeleton staff who may not necessarily be those with the greatest skills and experience. This is why most of us who have conceived what we think is a great idea for a business usually choose too much of the work ourselves and wear many hats in the early days.

It can take a long time to find the right employees when you’re just starting out. Some of the top talent may be reticent to work for a small start-up because they are worried about how it will look on their resume, job security or getting a bigger paycheque.

You need to find candidates who share your entrepreneurial spirit and aren’t averse to taking risks. Look for people who want get in on the ground floor and grow with the business.

As you build your company and expand your market, it’s tremendously important to have a network of mentors whose advice and counsel you trust. No matter how much thought and preparation you put into your business plan, you won’t be able to anticipate everything ahead of you. The marketplace is constantly moving and evolving, causing you and your business to adapt. This is where mentors can help, offering guidance drawn from experiences they had during similar changes in their own journeys.

My own mentors have changed as my career progressed, but they all had a common trait that served me and my businesses well — perspective. They have been able to see things clearly from a distance when my own vision may have been clouded by emotion, allowing me to make more-effective decisions. Entrepreneurship is about taking chances, but not blind ones.

Being an entrepreneur is a calling for those who not only cope well with risk, but thrive on the challenges it presents. Those who are satisfied by the comfort of a secure job and a steady paycheque need not apply. For the Silo, Paola Abate.

Theft Of Artist Ideas May Not Be Theft At All

Recently, one of my readers wrote that “there is another kind of generosity that comes much harder to me. I know I shouldn’t be stingy in this way, but I find myself stubbornly so. It’s the generosity of sharing my ideas, my connections, or giving a leg up to those who could benefit sometimes from my knowledge – whether that’s contacts, networks, tips, or the meat of my ideas themselves.”

This concern, of course, is not unique and strikes at the heart of something that all those in creative professions fear and must face. The ownership of ideas is difficult to prove. If you tell someone your plan in confidence and they, in turn, use it for their own purposes, there is very little you can do to show that you are the originator. Spreading this rumor is likely to make you look like the bad guy. It’s no wonder that this sort of generosity is cause for concern.

Arguably, no one would really offer up their original ideas before they have been fleshed out and no one would expect this from another artist. Talking about work in progress in general terms is one thing, but detailing the entire plan is another altogether. There is nothing wrong with being a little protective of your creative capital, it is the lifeblood of what you do.

Steve Jobs and Apple on stealing ideasBut what about sharing your networks or some trade secrets that helped you get to where you are today? While you may have worked tooth and nail for everything you’ve gained, there were surely people along the way who said yes at the right moment and assisted your progress. No one can ask more than this, and as an artist of a certain standing, there is nothing wrong with offering this sort of help.

It’s important to ask yourself what you may gain or lose by offering your assistance in any way. While this may not sound like a very altruistic way of thinking, remember that you are indeed running a business and there is nothing wrong with a bit of shrewd thinking. Further, though, when you stop and think about the outcome of sharing your network, it is unlikely that helping an emerging artist by introducing people who might be able to help will in any way affect your position as a more established artist.

No one exists in a vacuum. Even you, who may have scraped and fought your way to where you are today, benefited from the acceptance and help of others. Sure, you may have pounded the pavement endlessly in order to secure your position but that is no reason not to pay forward the success you have achieved. It is too easy to forget, once you have achieved a certain status, the myriad small moments that led you there. While it may seem as though hardly anyone was out to help you in the early days, surely there were some, otherwise you could not be where you are today. Even if it was just a few gallerists who were finally willing to take a chance, there are always rungs of assistance in the ladder to every success, no matter how small.

In our present times, we live in a world where community is very much at our fingertips. The rules of social engagement have definitely changed. This is both a benefit and a burden. While the new landscape of online social engagement can absolutely open up opportunities that didn’t exist prior to this revolution in social connection, the online community can also present a world of its own difficulties. It is impossible to know who you are actually dealing with and with virtually everyone in the entire art world present online, it can easily overwhelm a newcomer to the scene.

For these reasons, there is a lot to be said for good old-fashioned face-to-face interaction. Being the sort of artist who is willing to mentor in the real world sets you apart. Establishing this sort of reputation, for being the one who will gladly share the bounty you have created, seldom reverses one’s own success and frequently opens new doors you may never have considered.

Getting back to the idea of sharing artistic ideas and concepts, this is a bit trickier. As I said before, it may be unwise to give away your nascent, unfruited plans to just anyone. On the other hand, allowing others to view works in progress isn’t likely to cause too much harm.

Arguably, there is no such thing as original art. Even some of the most contemporary artists’ work is derivative of past creations. Marina Abramovic, in her unique style, has absolutely drawn from (and occasionally been accused of copying) works by other artists. Pablo Picasso (and perhaps more famously, Steve Jobs who quoted him) said, “good artists copy, great artists steal.” This doesn’t mean that you should open yourself up to idea theft, but it does mean that perhaps being stingy with your concepts, your network, your position as an established artist, doesn’t count for as much security as you might think. Be smart about things, but in general, it is always a good idea to reach down the ladder and help those coming up behind you find the next rung.  For the Silo, Brainard Carey.

Brainard  is currently giving free webinars on how to write a better Artist bio and statement and how to get a show in a gallery – you can register for that live webinar and ask questions live by clicking here.

Featured image: Jarrod Barker.

5 tips to Make sure first year Students transition from high school to Biz school

How to succeed in business school: Five tips for first year students

 

 

ST. CATHARINES, Ont. – The start of university can be intimidating enough for most first-year students. But business students face an extra set of challenges as they balance their coursework with gaining work and extra-curricular experience to help take them from campus to career. Freaked Out First Year University Student

From co-op work placements to mock interviews and networking breakfasts, the business school experience is designed to help students gain professional polish, acquire leadership skills and learn the foundations of management, accounting and entrepreneurship.

So how can new students and their parents make sure they are ready to take advantage of the available opportunities? These five tips will make sure first year students are ready for the transition from high school to business school:

  1. Be prepared (Textbook not required)

There’s is no need to read your textbooks cover-to-cover over the summer. Instead, spend some time getting comfortable with all that is available at your future school- both offline and online.

Spend a day on campus before the first day of class and figure out where your classes will be held. Don’t forget to attend your orientation. Most schools will offer a faculty specific orientation in the days leading up to the first day of classes.

And do your research online. Follow your business school on Facebook, Twitter and Instagram. Figure out the online registration system, how to access your student email and the online learning platforms. These online tools will be used throughout the academic year so access them early so you don’t miss any emails or messages.

  1. Going to University is your full-time job

While University doesn’t pay you a regular paycheck, it does pay you in grades. At the end of your degree, you will be able to use your straight A’s as currency to get a great job.

Everything you learned at your summer job about responsibility, punctuality and honesty can be used in business school.  So, impress your professor just like you would your boss. Show up to class. Stay on top of your assignments and hand them in on time.

  1. Get involved (and stay involved)

Want to stand out at a job interview? Join a business student club. These clubs focus on everything from accounting to marketing and every subject area in between.  Joining a club is a great way to make new friends and apply coursework to real life situations.

One key tip: it’s not enough to sign up and attend the occasional meetings. If you really want to have an experience that stands out on your resume, get involved on the executive team, attend a case competition or organize an event. You’ll have an experience you’ll never forget and something unique to mention during a job interview.

  1. Make friends (with everyone)

We guarantee that you’ll make friends in your classes and in residence. But don’t forget to build meaningful relationships with faculty, staff and upper year students. They can become important mentors who can help point you to on-campus resources and introduce you to new connections. Plus, if you know your career centre staff they’ll be sure to recommend you to employers who are hiring students.

Do you want to guarantee straight A’s on group projects? One successful strategy we’ve seen Goodman students use is to have a group of friends from different concentrations. When it comes time to write that paper, you’ll have every subject area covered, from HR to entrepreneurship.

  1. Ask for help

It’s a new school, a new environment and new friends. This is a big transition and it’s normal for there to be ups and downs during your first year. Fortunately, your university has resources available to help you succeed. From study skill workshops to mental health resources, there is a lot of support available to you on-campus.

If you need any type of help, talk to your academic advisor or a professor as early as possible. Don’t put your academic career at risk; there are people available to help you get through any type of problem you encounter. For the Silo, Don Cyr, dean of the Goodman School of Business at Brock University.

Don Cyr, dean of the Goodman School of Business at Brock University
Don Cyr, dean of the Goodman School of Business at Brock University

 

About the Goodman School of Business:

Based at Brock University in St. Catharines, Ont., the Goodman School of Business is one of only eight schools in Ontario that is accredited by the Association to Advance Collegiate Schools of Business International. The Goodman School of Business is home to more than 2,600 undergraduate students, 450 graduate students and has 7,000 alumni worldwide.