Fostering Ambition in the Leaders for What's Next

Ambition is central to individual success, organisational growth, and economic development. But there are growing fears that younger generations lack ambition (especially in the West), display weak commitment, and expect too much too soon. But within this rising tide of skepticism there is hope, according to Amrop’s latest global study The Meaning of Work, which suggests GenZ and Millenials aren’t lost causes after all. Their ambition, our data says, comes out at similar levels across the world, albeit in more complex measures.

What this ambition needs, argue some experts, is nurturing. And it is perhaps time to redefine what ambition is today and what it will look like in the future.

How, then, do we foster ambition in the Leaders for What’s Next?

Fostering Ambition Amrop The Meaning Of Work

A Psychological Perspective

In today’s rapidly shifting corporate landscape, nurturing ambition in young professionals has taken on new significance. Hanneke Gutterink, an organizational psychologist at the University of Amsterdam (UvA), emphasizes the importance of understanding this generation’s unique dynamics, shaped significantly by digital disruption and the psychological impacts of the pandemic. 

“What seems obvious to me is that what makes this generation of young people very different is that you've got digital disruption like we've never had before,” she says, highlighting the shifts in perspective that younger executives possess compared to their predecessors.

Traditionally, the narrative surrounding generational differences in the workplace often paints today’s youth as more difficult or demanding. But for Gutterink this is a red herring. 

“When I look at the literature, there is no evidence for these differences between generations. The variations are more accurately attributed to societal changes and fluctuating economic landscapes. These explain the differences we see in young people today a lot better than simple differences between generations."

For young executives, ambition is increasingly linked to their workplace environment and culture. Gutterink promotes the notion of “participative leadership,” where leaders actively engage team members in decision-making processes. This participatory approach encourages accountability and fosters a sense of ownership among employees. 

“If you talk about nurturing ambition, it’s about asking - how do you make sure that in the face of challenges young people feel encouraged to speak up and contribute?” she asks, using examples from high-stakes fields like healthcare and space exploration to illustrate the dire consequences of failing to nurture such an environment.

The lessons learned from incidents like the 1986 Challenger disaster show how important it can be to foster an open culture within organizations. Junior NASA employees were later found to have tried to warn of the impending disaster. Gutterink points to it being “a (NASA) cultural problem that led to them not being listened to”, underlining the need for environments where young professionals feel safe and empowered to express their concerns and suggestions.

Given the complexities of modern workforce dynamics, it becomes essential to analyze how educational institutions can support this nurturing process. Gutterink argues that there is a direct correlation between the learning environment and ambition. Institutions that prioritize psychological safety and open communication create fertile ground for ambitious leaders. 

“We try to foster such a climate, so that when people speak up, it’s a pleasant experience,” she explains. But she acknowledges that creating this climate requires continual effort and awareness from both educators and students alike.

This focus on nurturing ambition is not just confined to educational institutions but extends into broader corporate culture. As organizations compete for top talent, understanding what draws young executives into companies is critical. Gutterink points out, “If you are a good fit within an organization, you feel more like this is your place,” suggesting that job seekers are increasingly selective about where they apply based on organizational culture.

A particular facet of this culture that resonates with today’s young professionals is diversity and inclusion. Gutterink reflects on how the conversation around diversity has evolved dramatically in recent years. 

“Diversity wasn’t an interest... but now it’s obviously a hot topic, and hopefully is here to stay.” This shift is not only about creating space for diverse voices but also about recognizing the unique perspectives and ambitions that these diverse backgrounds bring to the table.

The implications of this cultural shift are profound. As Gutterink notes, fostering ambition must be a collective endeavor that considers the individual, the group dynamics, and the overarching organizational climate. 

“Ambition is always in step with cooperation,” she emphasizes, meaning that developing future leaders is a multi-layered process that requires collaborative effort between all levels of an organization.

Redefining Ambition

According to Canadian executive search expert Kelly Freeman, a seasoned advocate for young talent development at Amrop, the definition of ambition is undergoing a significant transformation. “While traditional pathways involve climbing the corporate ladder in a structured setting, we are witnessing a surge in entrepreneurial aspirations among young professionals,” she says. 

This inclination to establish their own ventures reflects a different approach to ambition, one that prioritizes autonomy, creativity, and a personal stake in their work.

Freeman believes that TV shows which foster entrepreneurship, such as "Shark Tank" in the US, provide young individuals with the tools and encouragement to pursue their business ideas independently. “They may not view their ambition through the lens of corporate titles, but rather through the capacity to innovate and create value on their own terms,” she explains.

One critical distinction drawn in this conversation is the divergence of career paths that young professionals are willing to take. Many young executives express dissatisfaction with the rigid, hierarchical structures seen in large corporations, where career progression often feels bureaucratic and slow. 

“They desire a flatter organizational structure, one that encourages closer connectivity to leadership and minimizes the layers that traditionally separate executives from their teams,” says Freeman. This preference for less bureaucratic environments speaks to a broader demand for engagement, purpose, and a sense of community within an organization.

Moreover, the heightened awareness of work-life balance and mental health issues among younger professionals necessitates a reevaluation of corporate culture. Young executives today prioritize alignment with their personal values, seeking workplaces that champion purpose and meaning over mere financial gain. “Their ambition is not lacking; it’s simply evolving. They want to feel valued and see how their work contributes to something greater than themselves,” says Freeman.

Education and Opportunity

Together with Hanneke Gutterink’s business students at the University of Amsterdam, Kelly Freeman has also noticed the changing landscape of higher business education. With many young professionals walking out of institutions with eye watering debt, their expectations for what their education delivers have deepened profoundly. They no longer accept just any job as sufficient; rather, they enter the workforce with a desire for meaningful roles. “They are looking for positions where they can add value and find fulfillment,” says Freeman.

Education systems are also adapting, with increasing recognition of non-traditional career paths. The rise of successful entrepreneurs who eschew corporate roles exemplifies the notion that ambition can manifest outside the confines of conventional expectations. “We’re seeing a whole new wave of talent that challenges the traditional academic route, yet still achieves remarkable success through innovative solutions and entrepreneurial spirit,” she says.

Cultivating Future Leaders

So, how can organizations cultivate this evolving ambition among young professionals?

Freeman suggests that companies must prioritize personalization in their leadership development initiatives. “Young executives want to feel their contributions matter, and organizations need to provide opportunities for growth and learning, along with meaningful missions that resonate with them.” 

This shift towards tailoring experiences for employees can enhance retention rates and foster a stronger commitment from the younger workforce. Organizations that actively support mental health and well-being will find favor with this demographic, so the theory goes. As Freeman argues, “If companies fail to prioritize the mental health of their employees, they risk losing talent to competitors who do.”

Navigating the New Landscape in China

In the fast-evolving landscape of corporate China, the ambition of young executives is a topic of increasing scrutiny. As economic progress reshapes society into what some fear could be western style relaxed attitudes, the question arises: Are today’s young professionals as driven as their predecessors? 

Jimmy Chen, Amrop's China Managing Partner, reveals a complex picture that highlights both the challenges and opportunities in nurturing ambition among the nation’s youth. 

"You have to understand that China is huge," Chen says, emphasizing the vast differences across the country. "Each province is like a country in Europe," he adds, noting the diversity of ambition and motivation that emerges from various regions. For young people born post-2000, there is a marked shift in perspectives, influenced by rapid societal changes over the past few decades. Chen observes, “In terms of generational timelines, I feel one generation in China is no more than ten years compared to the western world.”

This accelerated shift manifests particularly in urban centers like Shanghai and Shenzhen, where the cultural fabric is woven from a blend of affluence and competition. Chen notes that while young urban executives are often well-educated and provided with ample resources, they sometimes lack the relentless hunger for success that characterized previous generations. “They are not spoiled in an egoistic way,” argues Chen, “but they are not as hungry.” As the socio-economic landscape evolves, many young professionals find themselves less driven by the need to achieve which, some fear, could hinder their entrepreneurial spirit.

The turning point may have been the one-child policy, which shaped family dynamics and impacted ambition. With a single child often receiving the focus of six adults - two parents and four grandparents - these children grew up surrounded by attention and resources. While this results in well-loved children, it can also create an environment where the urgency to compete diminishes. “We are seeing a generation that is well-taken care of - but they may not want to take as much risk as before,” Chen explains.

Contrasting this narrative are the rural youth, who Chen argues maintain a “hunger” that stems from less privilege. They represent a different segment of the ambition landscape, one where economic challenges drive a robust entrepreneurial spirit. “The real entrepreneurs in China are often from less-known universities or even rural backgrounds,” he says. “These individuals could be seen as ‘underdogs’ who strive harder due to their circumstances.”

As the middle class expands and affluence rises in cities, young professionals increasingly seek balance in their lives, focusing on personal well-being and environmental consciousness rather than sheer ambition. “More and more people are thinking of the non-materialistic side of life,” says Chen, suggesting a shift toward values like sustainability and community.

This transformation poses a significant challenge for organizations striving to foster ambition within their ranks. Traditional methods of talent development that worked well for previous generations need to adapt to this nuanced reality. Companies may need to implement programs that not only enhance technical skills but also promote emotional intelligence, teamwork, and innovative thinking. Chen underscores the necessity of understanding the unique motivations of young executives. “The caveat is very different city to city and province to province,” suggesting a tailored approach is crucial.

As businesses navigate this new terrain, fostering ambition in young executives will require a keen understanding of the socio-cultural dynamics at play. Organizations must not only recognize the pressures that shape their employees’ ambitions but also provide a sustainable environment that encourages continuous growth and risk-taking.

In an age where success is defined by more than financial gain, the challenge for companies lies in balancing the nurturing of ambition with the evolving values of their workforce. As Chen warns, understanding these shifts is imperative - not just for the growth of individual employees but for the overall progress of corporate China as it steps further onto the global stage. The same could be said of the entire Global South and West as a whole. 

Amrop's latest global study, The Meaning of Work, explores the concept and importance of work in people's lives, exploring its role in shaping personal identity, motivation, and career aspirations. These insights offer a nuanced understanding of the shifting dynamics of work and its relevance in the modern world.

The Meaning of Work: An Amrop Global Study

Read the full report

  

Methodology

Amrop conducted an online survey and gathered insights from 8,000 participants, with 1,000 respondents from each of the following countries: Brazil, China, France, Germany, India, Poland, the US, and the UK. The survey aimed for representativeness across these diverse nations, capturing perspectives from individuals aged 20 to 60 (Gen Z: 20-26, Young Millennials: 27-34, Old Millennials: 35-42, Gen X: 43-60), all possessing at least a bachelor's degree. Where applicable, reported results represent the top two answer sets (strongly agree/agree).