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Generation Differences in the Workplace

For Oct HEO Team Meeting
by

Ariel P

on 16 October 2013

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Transcript of Generation Differences in the Workplace

Notes
Ideas
Ideas
Ideas
Generation Differences in the Workplace
Agenda
Icebreaker - How Millennial are you?
Jeopardy - Generation Trivia
Generation Overview:
Baby Boomers
Generation X
Generation Y (Millennial)
Generation Y in the Workplace
Q&A Session
How Millennial are you?
http://bit.ly/GenYPG
Open the link on your smart phone
Complete the quiz
Determine who's the most millennial at your table (highest score)
Generation X
Born:
1965 – 1980 (represents 40% of the workforce)
Role Models:
Role models don’t exist
Method of Work:
Self command
Time on the Job:
Hours don’t matter as long as I get it done
Work/Life Balance:
Important
Generation Y (Millennial)
Born:
1981 – 1999 (represents 10% of the workforce)
Role Models:
You are your own role model
Method of Work:
Don’t command - collaborate
Time on the Job:
It’s a gig – over at 5
Work/Life Balance:
Imperative – higher value on time
Baby Boomers
Born:
1945 – 1964 (represents 45% of the workforce)
Role Models:
Largely males who looked forward
Method of Work:
Change of command
Time on the Job:
Workaholics
Work/Life Balance:
Considering
Objective: Understand the difference between how different generations think and act as it relates to business and collaboration.
Generation Overview
Ariel and Lauren = 96
Derick = 85
Pablo = 81
Emily = 93
Fun Facts:
80% envision working in some form during their retirement years.
Only 20% plan on stopping work to full retire. (AARP)
59% of Baby Boomer parents provide financial support to their adult children, including living expenses, medical bills, and paying off loans.
Fun Facts:
Generation X helped the “Work/Life Balance” concept come to life
Generation X were often called the “MTV Generation” – experienced the emergence of music videos, new wave music, electronic music, heavy metal, etc.
Fun Facts:
Growth is projected to be 90 million (rivals Baby Boomers)
Will represent majority of first time home buyers in 2015
Technology Dependent - Grew up with the internet & cell/smart phone (83% sleep with them)
Outcome Focused - Raised in a very fast environment and demand immediate gratification
Generation Y (Millennial)
in the workplace
24/7 connectivity
Customization
Interactivity
Rapid & Meaningful Learning
Meaningful work
Training and development
Transparency on career progression
Ways of Working
Paradigm Shift:
"Work is what we do, not where we go"
Agile Office:
Technology solutions that enable work anytime/anyplace
Recognition and Feedback
Mentoring
Constant candid feedback
Formal vs. Informal feedback
Full transcript