What can millennials and gen z bring to the marine industry
As the global workforce continues to evolve, businesses across all industries recognise the increasing importance of recruiting and retaining Millennials and Gen Z employees. By 2025, Millennials and Gen Z are projected to make up 75% of the global workforce, representing a significant demographic no industry, including marine, can afford to overlook. In a recent discussion, James Ward, CEO and Founder of Marine Resources, highlights why these generations are critical to the future of the marine industry and how businesses must adapt to meet their expectations.
Tech-Savvy Innovators
One thing we’re certain of is this: Millennials and Gen Z are digital natives. They’ve grown up with technology at their fingertips and are experts at using digital tools, social media, and online platforms. Imagine what that could mean for your business.
James Ward emphasises that Millennials and Gen Z can drive innovation within companies, helping them stay competitive. “Their ease with tech enables them to adapt to new systems, platforms, and tools quickly, keeping businesses at the forefront of technological advancement”. Having a team that’s fluent in technology could revolutionise how you operate. They’re not afraid of change, and they’ll help your business innovate, adapt, and stay competitive.
What do you think? Are you using your digital knowledge to its full potential in your current role?
Adaptability and Quick Decision-Making
Millennials and Gen Z have grown up in a rapidly changing world, which has made them incredibly adaptable. In industries where rapid shifts and unexpected challenges arise, having employees who can pivot quickly and make decisions on the fly is invaluable.
At Marine Resources, we believe that these generations offer flexibility and resilience. Tell us, how do you handle rapid changes in your work environment?
Championing Diversity and Inclusion
We’ve seen that Millennials and Gen Z are vocal advocates for diversity and inclusion. For them, it’s non-negotiable. They want workplaces where everyone feels valued, respected, and able to contribute. James points out, “Research shows that diverse workplaces outperform non-diverse ones in terms of innovation, decision-making, and overall performance.”.
What do you think? Is your company doing enough to cultivate a culture of inclusion?
Purpose-Driven and Entrepreneurial
One of the key motivators for these generations is working for a company with a clear sense of purpose. Millennials and Gen Z are not just looking for jobs - they want careers that align with their personal values and provide a sense of meaning. This purpose-driven mindset fuels their entrepreneurial spirit and keeps them engaged and motivated at work.
We believe aligning values can lead to higher engagement and productivity. What’s your company’s mission, and do you think it’s important to feel connected to it?
A strong social conscience: Are You Keeping Up With CSR?
We know that Millennials and Gen Z care deeply about sustainability and corporate social responsibility (CSR). They want to work for businesses that prioritise ethical practices, environmental responsibility, and community involvement. For industries like marine, where sustainability is becoming increasingly important, having a socially conscious workforce can be a huge asset. But this applies across all sectors, customers and employees want to see that companies are making a positive impact.
How important is it for you to work for a company that prioritises sustainability and social responsibility? Do you feel your current employer is doing enough to make a positive impact in these areas?
The Power of Data-Driven Decision Making: Are You Leveraging Data?
Millennials and Gen Z are accustomed to using data to drive decisions. They don’t just rely on intuition, they look at the facts and figures to inform strategies and optimise operations. James comments, “We know that this demographic is passionate about making data-driven decisions, allowing them to provide businesses with more efficient approaches to strategy and operations.”. Whether it's improving customer experiences, streamlining processes, or increasing operational efficiency, these generations bring an analytical mindset that can help your business thrive.
What’s your take - are you being given the chance to lead with data in your career?
Work-Life Balance: Can You Meet Their Expectations?
Work-life balance is more than just a buzzword for Millennials and Gen Z, it’s a priority. Unlike previous generations who may have been willing to sacrifice personal time for professional success, they demand a healthier balance between the two. Employers that offer flexibility, remote work options, and wellness initiatives are much more likely to attract and retain top talent from these generations, but is your current job meeting those expectations?
Join the conversation at METSTRADE, and explore how businesses can better align with the values and strengths of Millennials and Gen Z. Check out our series of events in the YPC (Young Professionals Club UK) as part of our Career Zone Partnership. Let's shape the future of the marine industry together, whether you're looking to grow in your career or aiming to make an impact, we want to hear from you!