Industrial Resources

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

Transcript of Industrial Resources

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Making the Most of Generational Making the Most of Generational Differences in the Work PlaceDifferences in the Work Place

:

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Who are these Workplace Who are these Workplace Generations?Generations?

Baby Boomers

Generation “X”

Generation “Y”

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Baby Boomer Baby Boomer

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Generation “X”Generation “X”

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Generation “Y”Generation “Y”Digital Generation

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World events shaping Baby World events shaping Baby Boomers Boomers

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Baby Boomer Media InfluenceBaby Boomer Media Influence

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Baby Boomer Work HeroesBaby Boomer Work Heroes

• Bill Gates• Oprah Winfrey• Hillary Rodham Clinton• Pat Schroeder• Nancy Pelosi

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World events shaping Generation XWorld events shaping Generation X

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Generation X Media InfluenceGeneration X Media Influence

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Generation X Work HeroesGeneration X Work Heroes

Jerry Yang and David Filo co-creators of Yahoo.com

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World events shaping Generation YWorld events shaping Generation Y

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Generation Y Media InfluenceGeneration Y Media Influence

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Generation Y Work HeroesGeneration Y Work Heroes

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““Baby Boomers” Baby Boomers” Political and Cultural InfluencePolitical and Cultural Influence

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Boomer MusicBoomer Music

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““Generation X” Generation X” Political and Cultural InfluencePolitical and Cultural Influence

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Generation “X” MusicGeneration “X” Music

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““Generation Y” Generation Y” Political and Cultural InfluencePolitical and Cultural Influence

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Generation “Y” MusicGeneration “Y” Music

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Characteristics of Baby Boomers 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.

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Characteristics of “Generation X”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

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Characteristics of “Generation Y”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

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Prominent Baby BoomersProminent 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

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Prominent Generation “X”ersProminent Generation “X”ers

• 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

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Prominent Generation “Y”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

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Driving Factors forDriving Factors forBaby BoomersBaby 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.

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Baby Boomer Work ThemesBaby 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

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Work Place Driving Factors for Work Place Driving Factors for Generation XGeneration 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.

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Generation X Work ThemesGeneration X Work Themes

• • Self-reliance• • Focused on building skill-portfolio• • “Work to live, don’t live to work”• • Non-traditional orientation about time and

space• • Unimpressed by authority/hierarchy• • Skepticism• • Live for adventure• • Tech savvy

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Work Place Driving Factors for Work Place Driving Factors for Generation YGeneration 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.

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Generation Y Work ThemesGeneration 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

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Impact on EmployersImpact 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

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Work environments that attract or Work environments that attract or repel Gen. X: 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

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Tips For Improving Generation “X” Tips For Improving Generation “X” Retention and ProductivityRetention 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

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Work environments that attract or Work environments that attract or repel Gen. Y: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

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Training the “Generations” to meet Training the “Generations” to meet the upcoming Demandthe 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?

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Types of Training MaterialsTypes of Training Materials

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

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What types of training materials What types of training materials are suitable for each group?are suitable for each group?

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What learning environment is What learning environment is effective for each?effective for each?