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Working With Generation Y
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Working With Generation Y

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Presented at the general session of 2010 PIP General Meeting

Presented at the general session of 2010 PIP General Meeting

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Working With Generation Y Presentation Transcript

  • 1. Working with Generation Y
    ConcepSys Solutions LLC - Adnan Siddiqui
  • 2. About ConcepSys Solutions
    Founded in 2008 to license ground breaking integrated conceptual design software – ConcepSys.
    ConcepSys is an easy to use and powerful tool for feasibility stage studies (FEL-2) of process industry projects.
    It delivers a minimum of 50% savings in time and money compared to traditional work flow and other conceptual engineering software.
    View a quick demo at www.concepsyssolutions.com
    April 21, 2010
    Working with Generation Y - Adnan Siddiqui
  • 3. How will you manage?
    YouTube video on generations from Kronos Inc
    April 21, 2010
    Working with Generation Y - Adnan Siddiqui
  • 4. Who is Generation Y?
    Born between 1978 and 2003
    April 21, 2010
    Working with Generation Y - Adnan Siddiqui
    76 Million
  • 5. Generation Y Descriptions
    April 21, 2010
    Working with Generation Y - Adnan Siddiqui
    Goal Oriented
    Practical
    Impatient?
    Hopeful
    Doting Parents
    Confident
  • 6. Generation Y Defining Moments
    April 21, 2010
    Working with Generation Y - Adnan Siddiqui
    TMT Explosion
    Economic Boom of 90s
    Collapse of 2008?
  • 7. Generation Y Aspirations
    April 21, 2010
    Working with Generation Y - Adnan Siddiqui
    Work and Life Balance
    Let’s talk about this!
    Change the World!
  • 8. Generation Y and You
    April 21, 2010
    Working with Generation Y - Adnan Siddiqui
    Audience Poll - How many Millenials do you interact with on a daily basis?
    Generation Y and Baby Boomers are the two largest cohorts in the workplace today!
  • 9. Research Portrait of Generation Y
    April 21, 2010
    Working with Generation Y - Adnan Siddiqui
    Ambition
    Loyalty vs. quest
    Multicultural ease
    Healing the planet
    Networking by nature
  • 10. Communicating with Gen Y
    April 21, 2010
    Working with Generation Y - Adnan Siddiqui
    How does Generation Y prefer to communicate?
    Face to face
    Phone
    Email
    Text message (SMS)
    Tweet?
    Telepathy??
  • 11. Gen Y Work Ethic
    April 21, 2010
    Working with Generation Y - Adnan Siddiqui
    Baby boomers
    Early morning to later evening
    Generation X
    Home for dinner and work some more before bed
    Generation Y
    Both work and play on a24/7 basis
  • 12. Attracting Gen Y – Company Reputation
    April 21, 2010
    Working with Generation Y - Adnan Siddiqui
    vault.com
    Facebook
    LinkedIn
    wetfeet.com
  • 13. Attracting Gen Y – Expectation Management
    April 21, 2010
    Working with Generation Y - Adnan Siddiqui
    Career velocity
    Work norms
    Culture
  • 14. Training Gen Y
    April 21, 2010
    Working with Generation Y - Adnan Siddiqui
    Rotation programs
    Mentorship programs
    Online training
    Process Industry Practices!
  • 15. Retaining Generation Y
    April 21, 2010
    Working with Generation Y - Adnan Siddiqui
    Challenging assignments
    Sabbaticals to pursue passion or volunteer
    Sharing information
    Experience transfer from boomers to Gen Y is critical
    Technology
    Tools for remote / flexible work arrangements
    Mentoring
    Forward and reverse
    Are these unique to Gen Y?
  • 16. Conclusion – Gen Y will require you to adapt how you work
    April 21, 2010
    Working with Generation Y - Adnan Siddiqui
    Differences
    Communication styles
    Work hours (when vs. how much)
    Career velocity
  • 17. Conclusion – What you need to do to work with Gen Y
    April 21, 2010
    Working with Generation Y - Adnan Siddiqui
    Similarities
    What works to attract and retain other generations works for Gen Y
    Recognize the unique aspects of Gen Y and adjust your company culture
  • 18. Conclusion
    April 21, 2010
    Working with Generation Y - Adnan Siddiqui
    Generation Y needs the knowledgeof Baby Boomers and is eager to learn from them
    Integrating them will require
    Flexibility
    Non-monetary rewards
    Green
    Recognition
    Social work place
  • 19. More Information
    April 21, 2010
    Working with Generation Y - Adnan Siddiqui
    “How Baby Boomers and Generation Y will Reshape Your Agenda” – Harvard Business Review – July 2009
    YouTube
    My blog on project management
    www.ConcepSysSolutions.com
    KIPPERS
    “Kids in Parents’ Pockets Eroding Retirement Savings”