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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 Working With Generation Y Presentation Transcript

    • Working with Generation Y
      ConcepSys Solutions LLC - Adnan Siddiqui
    • 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
    • How will you manage?
      YouTube video on generations from Kronos Inc
      April 21, 2010
      Working with Generation Y - Adnan Siddiqui
    • Who is Generation Y?
      Born between 1978 and 2003
      April 21, 2010
      Working with Generation Y - Adnan Siddiqui
      76 Million
    • Generation Y Descriptions
      April 21, 2010
      Working with Generation Y - Adnan Siddiqui
      Goal Oriented
      Practical
      Impatient?
      Hopeful
      Doting Parents
      Confident
    • Generation Y Defining Moments
      April 21, 2010
      Working with Generation Y - Adnan Siddiqui
      TMT Explosion
      Economic Boom of 90s
      Collapse of 2008?
    • Generation Y Aspirations
      April 21, 2010
      Working with Generation Y - Adnan Siddiqui
      Work and Life Balance
      Let’s talk about this!
      Change the World!
    • 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!
    • 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
    • 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??
    • 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
    • Attracting Gen Y – Company Reputation
      April 21, 2010
      Working with Generation Y - Adnan Siddiqui
      vault.com
      Facebook
      LinkedIn
      wetfeet.com
    • Attracting Gen Y – Expectation Management
      April 21, 2010
      Working with Generation Y - Adnan Siddiqui
      Career velocity
      Work norms
      Culture
    • Training Gen Y
      April 21, 2010
      Working with Generation Y - Adnan Siddiqui
      Rotation programs
      Mentorship programs
      Online training
      Process Industry Practices!
    • 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?
    • 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
    • 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
    • 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
    • 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”