Research Report: Ideal Workplace for Millennials
Your task is to research a company from Canada’s Top 100 that would be an ideal place to work for millennials and prepare a report or slide show to present your information. Base your decision on what you’ve learned so far about millennials and their ideal workplace.
A good place to start your research is by visiting the website of “Canada’s Top 100 Employers(Opens in new window).” This is an annual ranking of the best employers in Canada. Take your time to select an organization that resonates with you. By pressing each company’s name, you will discover the reasons why this company made the top 100 list. You will make your selection based on what you learned about millennials and what they look for in a company.
To help you make your selection, take a look at the tasks and refer back to Learning Activity 2.7 in this unit. Once you have made your selection you are ready to go!
To continue, read through the tasks you need to complete for this assessment.
The tasks are as follows:
Task 1: Introduce the organization
Introduce the organization that you selected from Canada’s Top 100 Employers. Discuss why you have chosen this organization to be an ideal workplace for millennials. Refer to Learning Activities 2.6 and 2.7 by explaining how their structure is an example of a successful modern-day workplace. Refer to trends in organizational design.
Task 2: Discuss why this company is successful
Discuss why this company is successful by referring to planning and strategy. Offer insight and evidence through online research (articles, news releases, and so on) and by referring to course content from Learning Activities 2.2, 2.3, and 2.4.
Task 3: Imagine you are a manager
Imagine you are a manager working for this organization. How would you enable the control function so that you can relate to your millennial staff? Refer to Learning Activity 2.5.
Task 4: Describe the kind of psychological contract
Describe the kind of psychological contract you will have with your employees and how you will ensure job satisfaction. Refer to Learning Activity 2.7.
Task 5: Find a job posting
Find a job posting (present or recent past) relating to a management position in this organization. Identify the human resources (HR) functions you would carry out to attract and retain the most ideal millennial candidate. You can refer to any part of Learning Activity 2.8.
Task 6: Offer one recommendation
Offer one recommendation on how to make this successful organization even more successful, so that they can qualify for Canada’s Top 100 Employers again next year. Be sure to select a recommendation based on what you have learned in Unit 2. Some things to consider are the physical workspace, social events and programs, and employee assistance programs. Explain why your recommendation is sound.
Attached below is a link to the course material:
https://tvolearn.com/products/boh4m-business-leadership-management-fundamentals-online-course?goto=2
Research Report: Ideal Workplace for Millennials
Task 1: Introduce the organization
The organization that I have selected from Canada's Top 100 Employers is Shopify. Shopify is a leading e-commerce company based in Ottawa, Ontario. It is a multinational corporation that provides a platform for online stores and retail point-of-sale systems.
I have chosen Shopify as an ideal workplace for millennials because it embodies many characteristics that millennials value in a company. According to Learning Activities 2.6 and 2.7, millennials prefer a modern-day workplace that promotes flexibility, collaboration, and work-life balance. Shopify's organizational structure aligns with these preferences.
Shopify has a flat organizational structure, which means there are fewer layers of management and decision-making is decentralized. This allows employees, including millennials, to have more autonomy and influence in their work. The company also promotes a culture of transparency and open communication, which provides millennials with opportunities to voice their ideas and contribute to the company's success.
Task 2: Discuss why this company is successful
Shopify has achieved great success due to its effective planning and strategy. The company has a clear vision and mission, focusing on empowering entrepreneurs and making commerce better for everyone. Shopify's strategy involves constantly innovating and adapting to the changing needs of online businesses.
Shopify's success can be attributed to its emphasis on technology and user experience. The company invests heavily in research and development to improve its platform and provide users with a seamless and user-friendly experience. This commitment to technological advancements has allowed Shopify to stay ahead of its competitors and become a market leader in the e-commerce industry.
Furthermore, Shopify's success can be attributed to its strong company culture. The company values diversity, inclusivity, and creativity. It fosters a supportive and collaborative work environment where employees are encouraged to take risks and think outside the box. This culture attracts top talent and motivates employees to perform at their best.
Task 3: Imagine you are a manager
As a manager at Shopify, I would enable the control function by adopting a flexible management approach that resonates with millennial staff. Millennials value autonomy, feedback, and opportunities for growth and development.
To relate to millennial staff, I would implement regular check-ins and performance reviews to provide continuous feedback and guidance. This would allow millennials to understand their progress, receive constructive criticism, and set goals for improvement. Additionally, I would encourage open communication by creating channels for employees to share their ideas, concerns, and suggestions. This would make them feel valued and involved in decision-making processes.
Task 4: Describe the kind of psychological contract
The psychological contract at Shopify would be based on mutual trust, respect, and shared values. As a manager, I would ensure job satisfaction by offering opportunities for growth, recognition, and work-life balance.
To foster job satisfaction, I would provide millennials with opportunities for professional development through training programs, mentorship initiatives, and career advancement opportunities. I would also recognize and reward their achievements through performance-based incentives, employee recognition programs, and team-building activities.
Moreover, I would prioritize work-life balance by implementing flexible work arrangements, such as remote work options or flexible working hours. This would allow millennials to have control over their work schedules and maintain a healthy work-life integration.
Task 5: Find a job posting
Unfortunately, the provided information does not include any links or details about specific job postings at Shopify. However, based on my knowledge of the company's HR practices, I can suggest some human resources functions that would attract and retain the most ideal millennial candidate.
To attract millennials, the job posting should highlight the company's unique culture and commitment to innovation. It should emphasize the opportunities for growth, learning, and impact that employees can experience at Shopify. The posting should also emphasize the company's commitment to diversity and inclusion.
To retain millennials, the HR functions should focus on creating a supportive work environment that encourages collaboration, flexibility, and work-life balance. The HR team could also organize social events and programs that promote team bonding and employee engagement.
Task 6: Offer one recommendation
To make Shopify even more successful and qualify for Canada's Top 100 Employers again next year, my recommendation would be to enhance employee wellness programs.
Shopify already has an Employee Assistance Program (EAP) in place that provides counseling services for mental health issues. However, expanding wellness programs to include physical well-being initiatives would further support employee health and happiness.
One recommendation is to introduce wellness benefits such as gym memberships or yoga classes. This would encourage employees to prioritize their physical health and maintain an active lifestyle. Additionally, organizing wellness challenges or providing subsidies for fitness-related activities could promote employee engagement and foster a healthy workplace culture.
By investing in employee wellness programs, Shopify can demonstrate its commitment to employee well-being and contribute to creating a more productive workforce.
In conclusion, Shopify is an ideal workplace for millennials due to its modern-day organizational structure, emphasis on technology and user experience, strong company culture, and commitment to innovation. As a manager at Shopify, I would enable the control function by adopting a flexible management approach that aligns with millennial preferences. The psychological contract at Shopify would be based on mutual trust, respect, growth opportunities, recognition, and work-life balance. To attract and retain millennials, HR functions should highlight the company's culture and commitment to diversity while providing a supportive work environment. Finally, my recommendation for Shopify to become even more successful is to enhance employee wellness programs by introducing physical well-being initiatives.