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Making the Most of Generational Differences in the Work Place

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Title: Making the Most of Generational Differences in the Work Place


1
Making the Most of Generational Differences in
the Work Place
2
Who are these Workplace Generations?
Generation X
Generation Y
Baby Boomers
3
Baby Boomer
4
Generation X
5
Generation Y
Digital Generation
6
World events shaping Baby Boomers
7
Baby Boomer Media Influence
8
Baby Boomer Work Heroes
  • Bill Gates
  • Oprah Winfrey
  • Hillary Rodham Clinton
  • Pat Schroeder
  • Nancy Pelosi

9
World events shaping Generation X
10
Generation X Media Influence
11
Generation X Work Heroes
Jerry Yang and David Filo co-creators of
Yahoo.com
12
World events shaping Generation Y
13
Generation Y Media Influence
14
Generation Y Work Heroes
15
Baby Boomers Political and Cultural Influence
16
Boomer Music
17
Generation X Political and Cultural Influence
18
Generation X Music
19
Generation Y Political and Cultural Influence
20
Generation Y Music
21
Characteristics of Baby Boomers
  • Re-evaluate in midlife
  • Tend to want to regulate personal behavior
  • Unusually protective of children
  • Idealists with strong passions for personal and
    social improvements.

22
Characteristics of Generation X
  • More tolerant
  • Delay marriage
  • Recognize the need to be individually competitive
  • Willing to change projects and/or companies
  • Display self pride

23
Characteristics of Generation Y
  • Easily adapts to contemporary technology
  • Non-participation in politics
  • Places low value on ideology and formalism
  • Look to imported beliefs and value systems from
    abroad
  • Cynical world view

24
Prominent Baby Boomers
  • Bill Clinton president of the USA
  • George Bush president of the USA
  • Dolly Parton country singer and songwriter,
    actress
  • Donald Trump entrepreneur, real estate
    developer
  • Steven Spielberg pre-eminent American film
    director
  • Stephen King author

25
Prominent Generation Xers
  • Jeff Bezos founder, amazon.com
  • Nicolas Cage - actor
  • Michael Dell founder, Dell, Inc.
  • Ben Stiller - actor
  • Mike Tyson boxer, undisputed heavyweight
    champion
  • Julia Roberts - actress
  • Timothy McVeigh - Oklahoma City bomber
  • Sammy Sosa MLB player, Chicago Cubs

26
Prominent Generation Y
  • Kelly Clarkson, pop star
  • Prince William, future King of England,
  • Kyle Busch, NASCAR driver
  • Ashley Olsen and Mary Kate Olsen, twin sisters,
    actresses
  • Freddie Adu, soccer player

27
Driving Factors forBaby Boomers
  • Preoccupied with financial and employment
    security.
  • Likely to extend midlife well into what used to
    be considered "old age.
  • Likely to enjoy good health and remain "actively
    engaged" longer than previous generations.
  • Economic inequalities are likely to become more
    important as the boomers age.

28
Baby Boomer Work Themes
  • Involvement
  • Workaholism
  • Personal gratification and goal attainment
  • Promotion of equality
  • Redefining everything
  • Desire to please
  • Workarounds to meet their needs
  • Social consciousness

29
Work Place Driving Factors for Generation X
  • Looking for a good 401(k) plan" -- not salary --
    number one on their list of financial concerns.
  • Value flexibility and freedom, especially when it
    comes to work
  • Looking for learning opportunities, up-to-date
    technology, workforce diversity, and flexibility.

30
Generation X Work Themes
  • Self-reliance
  • Focused on building skill-portfolio
  • Work to live, dont live to work
  • Non-traditional orientation about time and
    space
  • Unimpressed by authority/hierarchy
  • Skepticism
  • Live for adventure
  • Tech savvy

31
Work Place Driving Factors for Generation Y
  • Want material comfort and the good life.
  • When working with co-workers and supervisors they
    typically demand respect first, reserving the
    right to prove themselves later.
  • Demands flexibility at work.
  • Has the pack mentality.

32
Generation Y Work Themes
  • Re-emerging social consciousness
  • Life-long learning/intellectual curiosity
  • Smart work/problem solving
  • Team work
  • Uninhibited communication
  • Emotional literacy
  • Holistic lifestyle
  • Technology dependence

33
Impact on Employers
  • 76,000,000 baby boomers are set to retire by the
    end of the decade
  • Only about 44 million Generation X'ers available
    to pick up the slack.
  • The talent crunch soon will be felt in technical
    and scientific fields

34
Work environments that attract or repel Gen. X
  • Traditional Workplace
  • Security from the institution
  • Promotions based on longevity
  • Loyalty to the organization
  • Wait to be told what to do
  • Respect based on position/title
  • New Generation Workplace
  • Security from within
  • Promotions based on performance
  • Loyalty to the team
  • Challenge authority
  • You must earn respect

35
Tips For Improving Generation X Retention and
Productivity
  • Be approachable
  • Take time to be personal
  • Encourage employee growth
  • Performance based promotions and rewards
  • Help employees see the big picture
  • Build morale

36
Work environments that attract or repel Gen. Y
  • Seek intellectual challenge and thrill from work
  • They desire work that fits comfortably into what
    they want out of their lives
  • Do not want their work to seem menial or mundane

37
Training the Generations to meet the upcoming
Demand
  • What types of materials are available?
  • What types of training materials are suited for
    each group?
  • What learning environment is effective for each?

38
Types of Training Materials
  • Tech Manuals
  • Training Materials (Hard Copy)
  • Video Based Training
  • Training Materials (on Intranet)
  • Computer Based Training (interactive)
  • PowerPoint Presentations (interactive)

39
What types of training materials are suitable for
each group?
40
What learning environment is effective for each?
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