How do Millennial leaders make sense of their leadership positions?

This study is looking into the notion of millennial leadership discussing and examining key aspects used to define the concept of contemporary management. The research investigates the administrative practices of leaders currently operating within the hyper-active labour market, specifically focusing on the high-tech industry. By examining the incentives millennial leaders identify as their motivation for pursuing and retaining management positions and exploring the day-to-day practices the respondents apply within their workplace environment, the research is aiming at providing a better understanding on the perception millennial leaders have of their leadership positions and the powerful implementations these influence roles possess. The study has a qualitative exploratory nature and uses semi structured in-depth interviews as the main research method for data collection. From a methodological perspective, a constructivist grounded theory approach has been taken and applied to the process of data collection and analysis. One of the main claims the research makes is that the management style millennial leaders are applying within their workplace environment, is heavily influenced by the transformational leadership approach, even though it sometimes displays tendencies towards more modern management patterns by incorporating more ethical and democratic values, making the style more suitable to the more contemporary and competitive market. The research also proposes that millennial leaders are exhibiting more power related instinct motivations towards their decision to pursue and retain management positions. The research claims that millennial leaders today understand and view their leadership positions more as an opportunity for even further professional development, rather than as the end goal of their professional careers. The research examined the responses of eleven participants, therefore future studies may use the methodological model of the current research to examine millennial leadership, its specific practices and the leaders’ identification of the motivations they have when going into management positions in even further details. The findings of the research provide an outlook of how the new generation leaders perceive their management roles and address the millennial conceptualization of the power dynamic within the workplace environment in real organizational settings. The implications of the current study will be discussed in further details throughout the text.