Human capital has been a major emphasis and priority for organizations for the past 15–20 years; however, changing demographics in the workplace dictate that organizations step up these efforts. The current paper explores three generational cohorts, with particular emphasis on the Millennial generation as this cohort will encompass upward of 50% of the workforce by 2020. If organizations want to compete for and retain top Millennial talent, organizations must make themselves attractive to Millennials. This will require that organizations develop a leadership base that is suited to lead Millennials. We suggest that servant leadership is likely the optimal leadership style for creating an organization rich in human capital development and for making an organization a preferred workplace for the Millennial generation.

中文翻译：

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人力资本，千禧一代的统治和对仆人领导的需求

在过去的15至20年中，人力资本一直是组织的主要重点和优先事项。但是，工作场所中不断变化的人口统计学要求组织加大力度。本文探讨了三代人，尤其是千禧一代，因为这一群体到2020年将覆盖超过50％的劳动力。如果组织要竞争并保留千禧一代的顶尖人才，组织必须使自己对千禧一代具有吸引力。这将要求组织建立适合领导千禧一代的领导力基础。我们建议，仆人式领导对于建立一个人力资本开发丰富的组织并使其成为千禧一代的首选工作场所而言，可能是最佳的领导风格。