Ogilvy Public Relations Understanding the past, present, and future of America’s most promising generation By Todd Metrokin 2015 CHEAT SHEET MILLENNIALS NUMBERS BY THE EARNING & SPENDING KEY DEMOGRAPHICS 65% are employed* 19.7% live in poverty* $33,883 median income for full-time workers* (compared to $37,355 in 2000) 42% identify themselves as middle class*** (down from 53% in 2008) 30.3% LIVING WITH A PARENT HAVE A TATTOO MARRIED COMPARED TO 36% GEN X & 48% BABY BOOMERS AT SAME AGE 75.3 MILLION (compared to 14.1% of same age group in 1980) 40% 26% 2015 POPULATION PROJECTION: (compared to 70.6% of same age group in 1990) 47% 50% OF BIRTHS BY AN UNMARRIED PARENT NOW DESCRIBE THEMSELVES AS POLITICAL INDEPENDENTS 27% DEM 17% REP 22.3% hold a bachelor’s degree or higher* 43% ARE NON-WHITE, THE HIGHEST SHARE OF ANY GENERATION (compared to 15.7% of same age group in 1980) 21% of consumer discretionary purchases* 82% prefer shopping in stores** (40% said they prefer shopping with a friend.) 43.5% wait for a sale before buying** (compared to 52.6% of Gen Xers) $200 billion est. annual spending by 2017** * U.S. Census Bureau ** Adult Millennials As Consumers, eMarketer report, 2014 *** Millennials in Adulthood, Pew Research Center, 2014 GENERATIONAL GROUPS Centennials b. 1998-present Millennials b. 1981-1997 Generation X b. 1965-1980 Baby Boomers b. 1946-1964 The Silent Generation b. 1928-1945 The Greatest Generation before 1928 Millennials in Adulthood, Pew Research Center, 2014 COLLEGE & CAREER • 33% say current job is not their career • 40% are in college • 70% of college grads leave their first job within two years • 50% enrolled would like to earn a graduate or professional degree afterward • 21% women vs. 16% men will graduate college • 36% of those not in school cite cost as a deterrent • 35% say they don’t have the time pewresearch.org/millennials • 60% feel they don’t make enough money • 10,000 Baby Boomers retire every day on average xyzuniversity.com/workforcecrisis POPULATION CHANGES 1990 2009-2013 42.8% 30.3% 27.3% 9.9% Minority 15.4% Foreign Born 15.3% 24.6% Non-English Language Spoken at Home 24.2% Living with Parent Who is Householder U.S. Census Data on Americans Ages 18-34 Ogilvy Public Relations U.S. Census Bureau Born between 1981 and 1997, many Millennials are just now entering their adulthoods, yet it already appears they’re the most researched, measured, and surveyed population in history. We’re paying close attention because we know their choices will impact the world. How they vote, where they shop, what they buy, and which causes they support are just a few areas of intense study. While most of us recognize the potential of Millennials, years of mixed messages have contributed to a great deal of misunderstanding and misinformation. One reason for the confusion is that many of the data points being shared seem to contradict each other. For example: According to eMarketer, Millennials are more fluent in digital than other demographic groups, but a large majority prefer shopping in physical stores. They’re more likely than others to do prepurchase MILLENNIALS, OGILVY PUBLIC RELATIONS research, but also more likely to buy on impulse, and they value their independence, yet seek input and approval from others.i The confusion could also be attributed to those of us doing the reporting; meaning that what the data tell us may contradict with our perceptions of Millennials. These perceptions are informed by our world view, but are also influenced by media and opinion leaders who sometimes perpetuate the negative stereotypes often assigned to Millennials. To be fair, as a Gen Xer, I understood some of the frustrations my peers expressed about working with young adults. Often, it took the form of seemingly innocent jokes and jabs. Eventually, I began to wonder about the origins of the jokes and whether they might mask perceptions that are dangerous to my work as a strategist; someone who is supposed to be able to observe social behavior free from bias to deliver meaningful insights. What started as a query to better understand the research resources I was using has led to a deeper appreciation for these maligned cohorts and a better understanding of the macro trends that are likely to have a significant influence on America’s most researched and perhaps most promising generation. I hope that by the end of this paper, you will gain some perspective on past assumptions and how we got there, understand where the Millennial generation stands now, and where they might take us tomorrow. odd Metrokin is a vice president T and creative strategist at Ogilvy Public Relations in Washington, DC 3 — ERIC MICHA’EL LEVENTHAL If you’ve read any of the news headlines about Millennials over the past eight years, you’ve probably noticed terms like narcissistic, entitled, delusional, unpolished, and materialistic used to describe the generation. One piece that got a lot of coverage and is still being referenced is the 2010 Time cover article by Joel Stein titled, “Millennials: The Me Me Me Generation” in which he reported that, “Millennials got so many participation trophies growing up that a recent study showed that 40% believe they should be promoted every two years, regardless of performance.” The statistic Stein cited is from a 2008 National Institute of Health (NIH) study. It’s likely that every negative word you’ve heard describing Millennials can be attributed to an article or study published in the past eight years. What you see on this page is just small a sampling of headlines from reputable news sources like USA Today, Bloomberg, Forbes, MILLENNIALS, OGILVY PUBLIC RELATIONS Time, and the New York Times. And, depending on which study you reference, they’re all true. In trying to get a better handle on the negativity surrounding this populace, I noticed one source seemed to be cited over and over again. You may be familiar with Dr. Jean M. Twenge’s work, Generation Me, published in 2006 and The Narcissism Epidemic in 2009, which are based on her study of 9 million high schoolers and kids entering college. It’s a very influential study that is still 5 the foundation for some research being done today. This is also part of the problem: Characteristics applied to those young cohorts at that pivotal age have been used to describe an entire generation regardless of what stage in development or level of maturity they are in now. Her research found a host of negative traits, including narcissism, more prevalent in the then very young Millennials than older generations at the same age. How does one go about measuring narcissism? Two methods have been used as a foundation. In the 2008 NIH study that Joel Stein cited, researchers interviewed more than 30,000 participants to test them for symptoms of Narcissistic Personality Disorder (NPD). The study diagnosed 9.4% of respondents ages 20 to 29 with NPD. Young adults in the study tested higher than older age groups. Dr. Twenge’s work focused on a test called the Narcissistic Personality Inventory. A test critics say is inherently flawed and better designed to measure feelings of confidence and selfworth than actual narcissism. In one New York Times interview, Clark University research professor Jeffrey Jensen Arnett criticized Dr. Twenge’s work saying, “I think she is vastly misinterpreting or over-interpreting the data, and I think it’s destructive.” He went on to write in his 2013 critique, “If it were true that their narcissism was rising and that narcissism leads to impulsive behavior, then impulsive behavior would also be rising, but in fact it is diminishing across multiple indicators.”1 MILLENNIALS, OGILVY PUBLIC RELATIONS As far as NIH’s use of NPD, even they admit that, “NPD may be more prevalent among young adults due to developmental challenges in the transition from adolescence to adulthood.”2 Meaning that the trait may simply be a natural stop along our continuum of maturity and, just as we all thought the haircut we sported in our sophomore class photo was cool at the time, we see the world (and our style choices) very differently now. MEANING THAT THE TRAIT MAY SIMPLY BE A NATURAL STOP ALONG OUR CONTINUUM OF MATURITY AND, JUST AS WE ALL THOUGHT THE HAIRCUT WE SPORTED IN OUR SOPHOMORE CLASS PHOTO WAS COOL AT THE TIME, WE SEE THE WORLD (AND OUR STYLE CHOICES) VERY DIFFERENTLY NOW. The criticism around Dr. Twenge’s research and the NIH study isn’t just about a flawed methodology, it also comes down to interpretation of the data. Dr. Twenge’s books reflect what many from my generation and older generations have felt about Millennials at one point or another. And therein lies the problem. How older generations view the actions of younger generations may present an inherent bias that should not be overlooked. If this body of research is flawed— research that has been the foundation of so many of those earlier articles—then perhaps all of what followed after it should be reconsidered. Finally, we go all the way back to where the focus on Millennials arguably began: to the work of Neil Howe and William Strauss. Howe and Strauss are credited for giving Gen Y the Millennials moniker when they applied their theory on generational trends to the study of Millennials. In their 2000 book, Millennials Rising: The Next Great Generation, Howe and Strauss forecasted that Millennials were in line to be the next “hero” generation because they follow a pattern common to the last four hero generations in American history. The pattern early in life is as follows: A hero generation arrives just after an era of society-wide upheaval in values and culture that many historians call a spiritual awakening, and passes through childhood during a time of decaying civic habits, ebbing institutional trust, and resurgent individualism.3 Dr. Twenge considers this work a misguided attempt to ignore the many negative attributes prevalent among Millennials.4 That may be, but Howe’s and Strauss’ insights are supported by recent studies. Millennials are proving to be the engine driving many of the world’s social, economic, and political movements. They’re building networks and leveraging them for the greater good. 6 — JANE ADDAMS So how do we understand Millennials today? With a legacy of negative messaging from the media, it’s no surprise that this generation recites many of those negative messages back as the attributes of their generation. But it isn’t all bad. In fact, we’re seeing the qualities of Howe’s and Strauss’ hero generation emerge in many different ways and on the global stage as Millennials mature and move into adulthood. The United Nations shares this view in its 2012 annual report, saying, “Millennials are increasingly acting as the agents of change in society, calling for institutions that are more responsive not only to their needs, but to national or global concerns, and providing the energy, creative ideas, and determination to drive reform.”5 I think the challenge may be with the way older generations see Millennials engaging today—how they apply their enthusiasm, grow support, and the platforms they choose to leverage—may MILLENNIALS, OGILVY PUBLIC RELATIONS seem less relevant compared to what they believe is necessary for engagement and reform. Millennial Lindsay Stransman described the disconnect in an email to me, “As a 2012 New York University grad I came straight to Ogilvy (without parents’ couch downtime) and I always felt that I had to defend the drive and passion that fuels my generation. It’s no longer honest to say that because we’re tech savvy we’re passive. It’s actually the platform that makes us so engaged, individualized, and able to make change.” The world is experiencing swift and seismic changes; technology has democratized information, revolutionizing the way we do business, and connecting people in ways that I couldn’t have imagined happening in my lifetime. Growing up with technology has impacted Generation Y in ways we’re just now beginning to understand. Lindsay’s point is emblematic of a change I believe we need to make in the way we develop our research approaches and insights on Millennials. IT’S NO LONGER HONEST TO SAY THAT BECAUSE WE’RE TECH SAVVY WE’RE PASSIVE. IT’S ACTUALLY THE PLATFORM THAT MAKES US SO ENGAGED, INDIVIDUALIZED, AND ABLE TO MAKE CHANGE. If we were to create a word cloud describing Millennials using more current research, we’d see a very different set of attributes emerging. 8 Instead of selfish, we would see egalitarian. Equality as a value is at the top of many surveys in relation to job satisfaction and social issues. It ranked third—behind terrorism and the economy—as a top global concern in a recent 2015 Ogilvy survey.6 Respect for individual differences also contributes to what GfK recognizes as a greater sive 63% of Americans ages 20 to 35 volunteered for a nonprofit, and 70% said they helped raise funds on behalf of a nonprofit.8 A 2013 World Vision survey also revealed that 56% of males ages 18 to 34 had given a charitable gift, compared to only 36% of older men.9 Considering that this generation is facing a greater financial burden than any other in recent history, such altruism PROBLEM SOLVERS continues across other expenditures as well. Millennials are also eating out less often and are more comfortable saving money by sharing resources and renting services rather than owning. This doesn’t mean they don’t share the American dream of home ownership. To the contrary, it seems the delay to own real estate is a very practical and responsible decision. According savvy CREATIVE egalitarian pioneering CONNECTED ALTRUISTIC experimental COLLABORATIVE FAMILY-CENTRICBOLD prioritization on equality as well as the growing acceptance for mixed and same-sex couples and families.7 Instead of narcissistic, we would see altruistic. On the philanthropic side, young adults are outpacing their predecessors in many ways. According to the 2013 Millennial Impact Report, 1 in 4 gives to international charities and 83% of Millennials made a donation to an organization in 2012, An impres- MILLENNIALS, OGILVY PUBLIC RELATIONS is all the more impressive. As for the notion that they donate or volunteer just for the Facebook bragging rights, only 3% of Millennials are looking to share the experience on social media. Instead of coddled or entitled, we would see savvy. A 2012 study by NPD Group revealed that more than 20% of Americans ages 25 to 34 are saving on rent or mortgage payments by living in multigenerational homes.10 Frugal behavior to the same NPD study, “69% believe someone is ready when they can afford to buy while also maintaining their lifestyle. For 61% of respondents, the readiness indicator is when they’ve landed a secure job. Seventy-one percent surveyed believe that home ownership should be earned, not something they are automatically entitled to.” 9 — RALPH ABERNATHY According to GfK, 83% of the babies born in 2015 will be to Millennial or Gen Z parents, and the median age of the first-time home buyer is now 31 years old11—proof that Millennials are beginning to experience the first major milestones of adulthood. As they age and mature, our understanding of them must also evolve. What is next for Millennials? With projections saying their population will peak at 81.1 million by 2036, businesses, governments, and institutions should prepare for a generation on the brink of eclipsing all others in size and complexity. That’s not to say we should view Millennials as one homogeneous group. Further segmentation is vital for meaningful insights on your target audience. Some researchers have gone so far as to say that Millennials should not be studied as a single generation and should be broken down into smaller subgroups to be valid. MILLENNIALS, OGILVY PUBLIC RELATIONS Looking ahead, it’s impossible to know for certain the impact the Millennial generation will make on our collective future. However, there are three areas where large cultural changes happening now are likely to have a significant effect on society—and consumer behavior—in the coming years. FORECAST #1: THE RISE OF FAMILY FLUENCY If you don’t speak “family” now, you soon will. Family-centric activities are already trending high according to recent lifestyle studies, so the fact that Millennials say they’re happier spending time with their families seems like common sense. But if you also look at population forecasts, family as a value and driver is sure to intensify. There are now 10.8 million Millennial households with children. Nearly half of all Millennial women are moms, accounting for 46% of the women in their age group. Furthermore, Millennial parents account for 80% of the 4 million annual U.S. births,12 so the number of new Millennial parents will grow exponentially over the next decade. If we look at a Millennialdriven platform like Kickstarter for signs, it is interesting to find that the top-funded project in 2014 was for Reading Rainbow, where over 105,000 people pledged $5.5 million to bring the program back into children’s lives. Population studies indicate another seismic change on the horizon. The Census Bureau projects that the U.S. population will be majority nonwhite around 2043. This generation owes its diversity in large part to immigration from regions in Latin America and Asia, which adds more numbers to their group than any other population. Many of these populations value the family unit as the foundation for society. Combine the impact of these two changes in Millennial demographics and you can see why family needs to take prominence when we discuss future trends. 11 As Millennials continue to shift into parenthood in greater numbers, they will no doubt introduce new concepts to parenting and family just as they’re redefining institutions today. We can already see some changes. Smaller numbers of this generation are getting married and as you might expect, their definition of family has expanded to include same-sex couples and friends.13 While the definition of family has expanded, familial bonds have tightened. Half of all Millennials say they see their parents in person every day, and nearly as many (45%) talk with their parents on the phone daily.14 According to Pew Research Center, this kind of ongoing parent-child contact is well above that of all older generations. How might this affect the behavior of Millennial parents? According to a 2013 study by Barkley, Boomers, which are often cited as the inventors of the helicopter parent phenomenon, may have provoked something of a backlash now that their Millennial children are parents. Sixty-one percent of these young parents agree that kids need more unstructured playtime. Only 21% think their own kids are overscheduled.15 Lastly, one very important distinction for Millennial parents will likely be their approach to the challenge of work/life balance. They’ve already had an impact on business culture where flextime, teleworking, and casual dress codes are becoming the norm, so how will they manage the additional demands of parenthood when 71% already believe work demands interfere with their personal lives?16 MILLENNIALS, OGILVY PUBLIC RELATIONS It’s not a stretch to predict that businesses and brands that help them resolve this tension are likely to gain favor among working Millennial parents. FORECAST #2: A NEW EQUALITY STANDARD When Ogilvy asked American Millennials, unaided, what they feel is the most pressing issue or problem facing the world today, inequality—racism, sexism, intolerance, and human rights— was the third most common response. This concern is shared by Millennials around the globe.17 As countries unite to solve ongoing debt, environmental, and security crises, wired and aware Millennials are expressing their global citizenship by supporting their international peers who are demanding fewer restrictions and access to the internet. Businesses operating in the global marketplace, like Google and Apple, will continue to have their policies and labor practices publicly scrutinized. Brands that ignore or misrepresent their Corporate Social Responsibility (CSR) commitments will do so at their own peril. Support for equality as a social issue seems to be paying off for brands targeting Millennial shoppers. You may recall the “This is Wholesome” campaign from Honey Maid, which celebrated the diversity of the modern American family and featured male samesex parents as well as a multiracial family. The ad and follow-up video garnered an impressive ROI. As Google’s Brendan Snyder recently reported, “Searches for Honey Maid increased 10 times during the last week in March, with sustained interest into May. In support of the campaign launch, Honey Maid drove penetration growth among Millennial households +1 point, according to Gary P. Osifchin, the brand’s senior marketing director.” Snyder also reported on some surprising metrics from Google’s consumer survey from August of 2014: 45% of consumers under 34 years old say they’re more likely to do repeat business with an LGBT-friendly company. Of them, more than 54% also say they’d choose an equality-focused brand over a competitor. In fact, today’s young Millennials—47% of consumers under 24 years old— are more likely to support a brand after seeing an equality-themed ad (compared with 30% of all age groups combined).18 BUSINESSES OPERATING IN THE GLOBAL MARKETPLACE, LIKE GOOGLE AND APPLE, WILL CONTINUE TO HAVE THEIR POLICIES AND LABOR PRACTICES PUBLICLY SCRUTINIZED. BRANDS THAT IGNORE OR MISREPRESENT THEIR CSR COMMITMENTS WILL DO SO AT THEIR OWN PERIL. We’re seeing this concern for equality influence American Millennials’ charitable giving and volunteer decisions, opinions on how we should distribute global 12 aid, and is driving the rise in support for same-sex marriage and immigration reform.19 In the workplace, it’s estimated that Millennials will be close to 50% of the U.S. workforce by 2020.20 Smart businesses have adopted policies that provide better work/life integration to attract the most talented and skilled candidates. But Millennials want more. Achieve’s 2014 Millennial Impact Report notes that a company’s diversity is a leading factor for Millennials when deciding to apply for a job. A factor in which American businesses are woefully inadequate. One example being that women represent fewer than 5% of CEOs at major U.S. companies.21 A fact that was likely not lost on Beyoncé when she tweeted to her 14 million followers, “We need to stop buying into the myth about gender equality. It isn’t a reality yet.” Currently, about 28% of Millennials hold management positions.22 That number grows every day, but are businesses ready for them? According to a 2011 global study by SpenglerFox, 50% of human resources departments had not adjusted recruiting or compensation in the past three to five years.23 Incentives will need to evolve to appeal to Millennials as they assume more responsibility but they’re also likely to lead in some very different ways. Millennials have expressed disdain for hierarchy in the workplace, preferring instead to access networks and work collaboratively. One trend already receiving attention is the practice in which the corporate ladder is replaced by a corporate lattice, which essentially flattens MILLENNIALS, OGILVY PUBLIC RELATIONS the traditional hierarchy and provides leadership opportunities to multiple experience levels regardless of rank on the company org chart. 50% consider themselves political independents, an increase from 40% in 2007, while 29% of Millennials are religiously unaffiliated compared to Boomers at 16%.24 This movement toward equal access and opportunity based on a new definition of merit is a paradigm shift that will cause quite a few waves in the cogenerational workplace. Especially if compensation programs like “pay for potential”—which adds skill, value, drive, and capability for growth to the performance metric—become more popular in organizations that seek to halt the Millennial drift. Financial institutions are also grappling with their mistrust. According to an index published by the research group Scratch, the banking industry is at the highest risk of disruption due to low levels of trust, saying that “All four of the leading banks are among the ten least loved brands by Millennials,” and that of the 10,000 respondents, “73% would be more excited about a new offering in financial services from Google, Amazon, Apple, Paypal, or Square than from their own nationwide bank.”25 This generation is getting squeezed by unprecedented student-loan debt and new family responsibilities. They’re understandably concerned by the growing economic disparity and their own financial prospects. Looking ahead, the issue of inequality will take on more meaning and for an everincreasing portion of society. FORECAST #3: POWER TO THE TRUSTMAKERS Perhaps intensified by increased access to information and the 24-hour news cycle, scandal and upheaval seem to be the theme of the century so far. Young adults today grew up having a front-row seat to our nation’s Great Recession, the televised meltdown of our banks, and the failures or stagnation of many of our most trusted brands and institutions. The effects can be seen in Pew Research Center’s 2014 report Millennials in Adulthood, which portrays a generation “unmoored from institutions” at dramatically increasing rates; This sense of detachment and distrust has created a vacuum, contributing to an environment where disruption is now the norm and where hackers gleefully pull back the curtains to expose corporate misbehavior. THIS SENSE OF DETACHMENT AND DISTRUST HAS CREATED A VACUUM, CONTRIBUTING TO AN ENVIRONMENT WHERE DISRUPTION IS NOW THE NORM AND WHERE HACKERS GLEEFULLY PULL BACK THE CURTAINS TO EXPOSE CORPORATE MISBEHAVIOR. 13 How can brands build (or rebuild) trust to become the new trustmakers? One way is the current trend where organizations adopt CSR practices. Knowing that Millennials over-index in their preference for brands and businesses that do good,26 this strategy will likely continue and grow to become a standard practice. A more difficult yet related approach is transparency and its cousin, authenticity. Millennials are remarkably savvy consumers. Not only are they aware of marketing tactics, they comprehend brands and research the companies and products they’re considering prior to making a purchase.27 This behavior makes transparency all the more important. It also makes the threat of CSR greenwashing claims more likely. Companies will continue to struggle with transparency and ethics for the foreseeable future. Those that fall short of Millennials’ expectations will suffer. One approach that brands as well as institutions should look to leverage to build trust and increase transparency is the concept of open innovation. For those who aren’t familiar with it, open innovation encourages sharing resources and bringing together ideas from the publicand private-sectors. University of California professor Henry Chesbrough favors open innovation because, “The boundaries between a firm and its environment have become more permeable.” Applying this concept to R&D and product testing phases similar to a beta-testing approach would bring together customers and partners “behind the curtain” and could provide them with a better understanding of the brand as well help drive trial and adoption of new products and services. Millennials’ openness to, and in some cases, preference for ideas that come from outside traditional channels has given rise to a whole class of entrepreneurs that leverages platforms like YouTube to build personal brands. These new influencers utilize their personalities and skills to entertain and educate fans. Some big brands are trying to tap into their growing popularity, but, rather than borrow talent in the short term, there’s another option organizations may want to consider as part of a longer-term game plan. Every brand and business has a team of people delivering on its promise. Empowering those employees with the tools and platforms to become brand advocates in their own right is one path to establishing authenticity and trust. Most companies are already active on social media, keeping their customers well informed and up to date. Perhaps the next step in transparency is to swing open the glass door and harness the social nature of networked Millennial employees to support their companies’ brands. CONCLUSION Demanding reforms and supporting disruptive innovations may make the establishment (i.e. older generations like mine) nervous, but that should be expected as Millennials lead us into uncharted territory. Do they have a map? Have they considered the implications of such revolt? Perhaps not. But I truly believe that for Millennials, the point of differentiation—and greatest promise—is that they believe there are other possibilities and they are willing to explore them. What marketers need to remember is to caution against overgeneralization. As noted earlier, these cohorts are a diverse group of young adults, and new research by the Futures Group suggests that the intragenerational differences in beliefs and attitudes between older and younger Millennials may be significant enough to warrant yet another level of segmentation. While I’ve forecasted three areas where important cultural shifts are likely to impact business, it will be important to understand how those changes will manifest for your unique target. The complexity of this audience can only be navigated through segmentation and putting aside generational bias. MILLENNIALS, OGILVY PUBLIC RELATIONS 14 SOURCES i. Mark Dolliver. “Adult Millennials as Consumers.” eMarketer. October 2014 1. Jeffrey Jensen Arnett. “The Evidence for Generation We and Against Generation Me.” Sage Publication. 2013 2. Emma Roller. “Let Me Tell You All About My Narcissism.” Slate.com. May 13, 2013 3. Neil Howe and William Strauss. “Millennials Rising: The Next Great Generation.” Vintage Books. 2000 4. Douglas Quenqua. “Seeing Narcissists Everywhere.” nytimes.com. August 5, 2013 5. United Nations Volunteers. “UNV Annual Report 2012: Creating Lasting Impact.” 2012 6. Ogilvy Public Relations. Survey of 200 U.S. Millennials. February, 2015 7. The GfK Roper Reports. “Becoming Whole.” 2014 Annual Presentation/Roper Reports U.S. Fall Core Q14. 2013 8. Achieve. “2013 Millennial Impact Report.” achieveguidance.com. 2013 9. Christine Connolly Bell and Peter Warski. “Survey: Young men most likely to give gift of charity.” World Vision U.S. December 9, 2013 10. Brad Tuttle. “Millennials: Turns Out the ‘Entitled Generation’ Is Willing to Sacrifice.” Time Magazine. November 8, 2012 11. The GfK Roper Reports. “Becoming Whole.” 2014 Annual Presentation/Roper Reports U.S. Fall Core Q14. 2013 12. Jeff Fromm. “New Research: The Millennial Generation Becomes Parents.” Millennial Marketing. www.millennialmarketing. com/2013/07/new-research-the-millennial-generation-becomes-parents 13. Pew Research Center. “Millennials in Adulthood.” 2014 14. Pew Research Center. “Millennials in Adulthood.” 2014 15. Jeff Fromm. “New Research: The Millennial Generation Becomes Parents.” Millennial Marketing. www.millennialmarketing. com/2013/07/new-research-the-millennial-generation-becomes-parents/ & Barkley. “Millennials as New Parents: The Rise of A New American Pragmatism.” www.barkleyus.com/millennials 16. PricewaterhouseCoopers. “Millennials at Work.” 2011 Annual Survey. 2011 17. The GfK Roper Reports. “Becoming Whole.” 2014 Annual Presentation/Roper Reports U.S. Fall Core Q14. 2013 18. Brendan Snyder. “LGBT Advertising: How Brands Are Taking a Stance on Issues.” Google Think. www.thinkwithgoogle.com/ features/lgbt-advertising-brands-taking-stance-on-issues.html?utm_source=linkedin&utm_medium=paid-media&utm_campaign=ph2-sp-update. March 2015 19. Pew Research Center. “Millennials in Adulthood.” 2013/2014 & Achieve. “Millennial Impact Report.” achieveguidance.com. 2013 20. Pew Research Center. “The Millennials: Confident. Connected. Open to Change.” http://www.pewresearch.org/millennials. 2010 21. Catalyst. “Women CEOs of the S&P 500.” www.catalyst.org/knowledge/women-ceos-sp-500. April 3, 2015 22. Elance-oDesk. “The 2015 Millennial Majority Workforce: Study Results.” www.slideshare.net/oDesk/2015-millennial-majority-workforce. October 22, 2014 23. SpenglerFox. “Market Understanding.” www.czechmarketplace.cz/en/3436.market-understanding-spenglerfox-generationy-survey-finds-that-50-of-hrd-s-have-not-adapted-their-recruitment-techniques-over-the-last-3-5years-to-obtain-the-bestcandidates. 2011 24. Pew Research Center. “Millennials in Adulthood.” 2013/2014 & Achieve. “Millennial Impact Report.” achieveguidance.com. 2013 25. Scratch. “The Millennial Disruption Index.” Viacom Media Networks. 2013 26. Nielsen. “Millennials—Breaking the Myths.” 2014 27. Mark Dolliver. “Adult Millennials as Consumers.” eMarketer. October, 2014 Ogilvy Public Relations ROBERT MATHIAS, CEO, NORTH AMERICA 636 11TH AVENUE NEW YORK, NY 10036 [email protected] TODD METROKIN, VICE PRESIDENT 1111 19TH STREET, NW WASHINGTON, DC 20036 [email protected]
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