2008 Syngenta Gen Y (Final)

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    2008 Syngenta Gen Y (Final) - Presentation Transcript

      • Bridging the Generations:
      • From Minnie Pearl & Pearl Harbor
      • to
      • Wiki & Wii
      • Syngenta NFC and P&M Business Unit Meeting
      • September 9, 2008
      • Steve Drake
    1. Tonight’s Agenda
      • Defining the generations
      3. Generations as consumers & media users 2. Generations as employees
      • “ Stopping Points” after each section
    2. Birth Years Here
    3. Generations: Syngenta & the U.S.
      • Four Generations as :
      Generational Challenge
      • Customers / prospects
      • Colleagues
      • Employees
    4. Disclosures
      • Yes, these are generalizations
      • Yes, there are exceptions
      • What follows is a compilation of research and literature from multiple sources
      • Plagiarism vs research
    5. Generational Background
    6. Generational Divides Baby Boomers 78 million Generation Y 72 million Generation X 49 million Pre-Boomers 46 million Before 1946 1946-1964 1965 – 1977 1978 - 1994 Birth Years:
      • 1970s: Long hair
      Generational Words
      • Today: Longing for hair
      • 1970s: Long hair
      • Today: Longing for hair
      Generational Words
      • 1970s: Screw the system
      • Today: Upgrade the system
      • 1970s: Acid rock
      • Today: Acid reflux
      • 1970s: Rolling Stones
      • Today: Kidney Stones
      • 1970s: KEG
      • Today: EKG
      • 1970s: Going to a new, hip joint
      • Today: Receiving a new hip joint
      • 1970s: Whatever
      • Today: Depends
    7. Stand at Your Corner
      • Pearl Harbor
      • Korean War
      • 1 st Radio
      Generation Impacts How you Communicate Kennedy Assassination Armstrong Moon Walk 1 st TV set Fall of Berlin Wall AIDS 1 st PC Monica/Gulf War I 9/11 1 st E-mail Address
    8. First Year Eligible for Full Retirement Boomer Peak Boomer retirement will lead to an “all out war for talent”
    9. Generations: Syngenta & U.S. Farmers
      • Characteristics, Perspectives, Attitudes and Beliefs
    10. Generation Overview
      • Matures :
      • Depression
      • Builders
      • Savers
      Generation Impacts How you Live Boomers : Post WWII Spenders Live to Work Xs : Latch-key Divorce Downsized Independent Ys : Digital revolution Corp / Govt flawed Short attention span Work to Live
    11. Work Life Balance Work Life Family Work Life Family 70% of American workers say they don’t have proper work-life balance … and blame companies for the problem #1 Issue between Generations
    12. Y’s Definition of Success Success Feeling personally satisfied 90% Having close family relationships 81% Having a close group of friends 69% An active religious or spiritual life 50%
    13. Family - Parenting Generation Y 90% say they are “very close” to their parents 44% of teens consider parents as role models Quality and quantity time Raising a family is very important – 75% Baby Boomers More than 40% in 1974 said they would be better off without their parents “ Quality time” Raising a family is very important – 59%
    14. Generations Y Loyalty ( in order of importance to them)
      • Families
      2. Friends 3. Communities 4. Co-workers 5. Themselves 6. Their company
    15. Marrying later or not at all
      • 1960
          • Women 20 years old
          • Men 23 years old
      • 2007
          • Women 26 years old
          • Men 28 years old
      Median age at marriage
    16. Volunteering is important
        • More than 60% of students volunteer at least monthly
        • More than 80% of college freshmen volunteered as high school seniors
        • Focus: environment, poverty and community problems
        • Top reasons for volunteering:
          • “ feel I am helping others”
          • “ good skills for the future”
          • “ makes me feel proud”
      • Who is Gen Y?
      • How big is it?
      • What “turns their crank?”
      • How do they define success?
      • Questions / discussion
      Stop & Review
    17. Generations as Employees
    18. Workplace Background
      • 50% of largest U.S. companies will lose 50% of their senior managers in next five years
      • By 2010, the U.S. will face a shortage of 10 million workers
      • “ Ag” graduation rate decreasing 3% yearly
    19.  
    20. Generations in Work Force 60% of employers report some “generational tension”
    21. Technology Questions
      • So, what is your iPod policy? What about IM?
      • How are you integrating mailing lists into your communication discussion groups?
      • How often do you check out blogs that discuss your organization or cause?
      • Can I donate to your organization online with my credit card?
      • Huh?
    22. Technology Questions
      • How do I get access to the Internet?
      • I’m not comfortable around computers, so can you please mail me the information about your services?
      • Why don’t you have a real person answer the phone during business hours?
      • I don’t have a (don’t like) credit card(s) … can I write you a check?
      • These are tech questions too … and just as important as the first set.
    23. Key Characteristics
      • Boomers
      • Priority on career
      • Sacrifice family for work
      • Hard workers
      • Loyalty to company
      • “ Panic” re retirement
      Gen X Hard work Using technology Prefers cash & salary Wants some fun Loyal to profession Gen Y Contact with supervisor Make a difference Work in teams State-of-art tech stuff Be at top now Frequent feedback & training
    24. Recruiting
      • Gen Y
      • Start early – internships
      • Web site very important
      • Recruit through peers
      • Engage with videos
      • Recruit via Internet
      • Appeal to desire to learn
      • Sell via flexible scheduling
      • Highlight paid training
      Gen X Avoid hype Offer money & stock Web site important Appeal to desire to learn Highlight paid training & skill development 48% look in local paper 76% get news online 59% use Net for search
    25. Retaining
      • Gen Y
      • 83% want flexibility
      • 73% motivated by salary
      • 58% want pathway to personal growth
      • Work-life balance
      • Frequent feedback
      • Access to managers
      • Social interaction at work
      Gen X Compensation Access to managers Work “with” not “for” Weekly feedback Health/medical benefits Given desired outcome & then turned loose Training (live/computer)
      • Gen Y workers want a job that lets them exercise personal values and beliefs
      Causes Click
      • 62% want to work for companies that give them a chance to use their skills to help a nonprofit.
      • What Generations are in the work place?
      • How do we learn to work together?
      • What “turns their crank” about work?
      • How do we recruit & retain staff from differing generations?
      • Questions / discussion
      Stop & Review
    26. Generations as Consumers & Media Users
    27. Consuming Habits
    28. Hobbies & Interests
    29. Gen Y’s Use of Time
    30. Association Membership
    31. What Some Are Doing
    32. Media Usage and Multi-Tasking % Time Shared 30 40 34 43 27 42 12 6 24 9 7 Mean Hours per Week Browsing/Surfing the Internet Watching television Talking on the phone Listening to the radio E-mail and instant messaging Listening to CDs/DVDs Watching videos/DVDs Reading books for school or work Listening to/record music online Reading magazines Reading newspapers
    33. Survey Says … 1. Do you subscribe to a daily newspaper? Yes - 48%
      • 2. Use of Media for Information
      Survey Says …
    34. Survey Says … 3: Have you ever visited Craig’s List
    35. Survey Says … 4: How often do you visit YouTube
    36. Survey Says … 5. Tells us about Facebook and MySpace Profile on one or both
    37. How to Reach Diverse Audiences?
      • Boomers
      • Xs & Ys
      • Printed
      • Electronic
      • Snail Mail
      • Newspapers
      • Newsletters
      • Conferences
      • Face-to-face meetings
      • Telephone
      • E-mail
      • Online news, blogs, pod casts
      • E-letters
      • Video conferences
      • Webinars
      • Texting
    38. Cause Marketing
      • Corporate Sponsorship :
      • Company trying to reach your members
      • Message: buy from me because we support your
      • industry
      • Cause-Marketing :
      • Company trying to reach your members’ customers or
      • society in general
      • Message: together we can do something good “for
      • society ”
    39. Cause Marketing Examples
      • American Express: Statue of Liberty
      • FedEx: Trees for Troops
      • Habitat for Humanity
      • Cook for the Cure
      • Return the Warmth
      • Boost Mobile Rock Corps
    40. Impact of Cause Marketing
      • Likelihood to switch brands = 87%
      • Proud of my company’s values = 87%
      • Purchased a product = 36%
      • Told a friend or family member = 30%
      • Source: Cone Inc.
    41. Trees for Troops: Reach & Impact
      • 14.2 MILLION households said they saw, read or heard about Trees for Troops
      1.9 MILLION households said T4T “influenced” their decision to purchase a farm-grown tree in 2007
    42. Discussion
      • Cross Generational Work & Communications
      • As colleagues
      • As employees
      • As communications to customers / prospects
      • 26% of the U.S. population
      • 15% of the U.S. workforce
      • $200+ billion in annual spending power
      • … and growing rapidly
      That’s Y
    43. Acknowledgement & Sources
      • Much of this information provided by NCTA from research conducted by Market Directions Inc.
      • Gen Y Information Sources :
      • Market Directions … www.marketdirections.com
      • NCTA / Drake & Company … www.drakeco.com
      • Generation WHY … www.generationwhy.com
      • Beloit College … www.beloit.edu (Mindset List)
      • NAS Insights … Recruiting & Managing the Generations
      • Generations: The Challenge of a Lifetime for Your
      • Non-Profit: Peter C. Brinckerhoff
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