How Generation Y and Boomers Will Reshape Your Agenda  Hewlett, S  Sherbin, L  Sumberg, K Harvard Business Review  July-Au...
<ul><li>What will constitute an employer of choice? </li></ul><ul><li>Boomers and Gen Y  </li></ul><ul><li>are similar </l...
The Research <ul><li>2 National surveys of employed university students </li></ul><ul><li>June 2008 and January 2009 </li>...
Some definitions Born 2011 – 2026?? Generation Alpha? 0 – 14 years old Born 1995 – 2010 Generation Z  (aka iGeneration) 15...
<ul><li>Odyssey  -  Take time out to explore passions, hobbies or volunteer work.   </li></ul><ul><li>Shared Vision and Va...
<ul><li>How to select a “Company of Choice” </li></ul>Impact on Consulting
<ul><li>How to select a “Company of Choice” </li></ul><ul><li>Be aware of the generational differences </li></ul>Impact on...
<ul><li>How to select a “Company of Choice” </li></ul><ul><li>Be aware of the generational differences </li></ul><ul><li>A...
Impact on Consulting <ul><li>How to select a “Company of Choice” </li></ul><ul><li>Be aware of the generational difference...
Impact on Consulting <ul><li>How to select a “Company of Choice” </li></ul><ul><li>Be aware of the generational difference...
Impact on Consulting <ul><li>How to select a “Company of Choice” </li></ul><ul><li>Be aware of the generational difference...
Impact on Consulting <ul><li>How to select a “Company of Choice” </li></ul><ul><li>Be aware of the generational difference...
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How Generation Y And Boomers Will Reshape Your Agenda

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In order to attract new talent and drive growth in the future, companies want to know what will constitute an employer of “choice”. This research suggests that Baby Boomers and Generation Y have a lot in common. Policies and strategies are suggested to take advantage of this, and managers may have to change the traditional cash orientated rewards system. These strategies are then interpreted to provide practical advice to a consultant.

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How Generation Y And Boomers Will Reshape Your Agenda

  1. 1. How Generation Y and Boomers Will Reshape Your Agenda Hewlett, S Sherbin, L Sumberg, K Harvard Business Review July-August 2009
  2. 2. <ul><li>What will constitute an employer of choice? </li></ul><ul><li>Boomers and Gen Y </li></ul><ul><li>are similar </li></ul><ul><li>Policies and strategies </li></ul><ul><li>to attract Boomers & Gen Y </li></ul><ul><li>Impact on IS consulting </li></ul>Overview Dave Wheeler
  3. 3. The Research <ul><li>2 National surveys of employed university students </li></ul><ul><li>June 2008 and January 2009 </li></ul><ul><li>Interviews and focus groups </li></ul>
  4. 4. Some definitions Born 2011 – 2026?? Generation Alpha? 0 – 14 years old Born 1995 – 2010 Generation Z (aka iGeneration) 15 – 30 years old Born 1979 – 1994 Generation Y 31 – 44 years old Born 1965 – 1978 Generation X 45 – 63 years old Born 1946 – 1964 Baby Boomers (aka Boomers) > 64 years old Born before 1945 Veterans In 2009 they are… Years Generation
  5. 5. <ul><li>Odyssey - Take time out to explore passions, hobbies or volunteer work. </li></ul><ul><li>Shared Vision and Values – Both groups have a sense of obligation to make a positive contribution to society. </li></ul><ul><li>Achieving balance with flex and remote working – Work / life balance and working remotely are important to both groups. </li></ul><ul><li>Mentoring and generation jumping – Gen Y’s look to Boomers as mentors while Boomers like to take Gen Y’s under their wings, despite the layers of corporate hierarchy. </li></ul><ul><li>Kippers – Kids in Parents Pockets Eroding Retirement Savings. Child-parent bonds are very strong, with many Boomers providing financial support to their adult children. </li></ul><ul><li>Rewards Remix - Other forms of pay are becoming important . </li></ul>How are Boomers and Gen Y alike?
  6. 6. <ul><li>How to select a “Company of Choice” </li></ul>Impact on Consulting
  7. 7. <ul><li>How to select a “Company of Choice” </li></ul><ul><li>Be aware of the generational differences </li></ul>Impact on Consulting
  8. 8. <ul><li>How to select a “Company of Choice” </li></ul><ul><li>Be aware of the generational differences </li></ul><ul><li>Assess yourself in terms of the “cultural fit” </li></ul>Impact on Consulting
  9. 9. Impact on Consulting <ul><li>How to select a “Company of Choice” </li></ul><ul><li>Be aware of the generational differences </li></ul><ul><li>Assess yourself in terms of the “cultural fit” </li></ul><ul><li>Connectivity </li></ul>
  10. 10. Impact on Consulting <ul><li>How to select a “Company of Choice” </li></ul><ul><li>Be aware of the generational differences </li></ul><ul><li>Assess yourself in terms of the “cultural fit” </li></ul><ul><li>Connectivity </li></ul><ul><li>What will external consulting become? </li></ul>
  11. 11. Impact on Consulting <ul><li>How to select a “Company of Choice” </li></ul><ul><li>Be aware of the generational differences </li></ul><ul><li>Assess yourself in terms of the “cultural fit” </li></ul><ul><li>Connectivity </li></ul><ul><li>What will external consulting become? </li></ul><ul><li>Understand the style of management </li></ul>
  12. 12. Impact on Consulting <ul><li>How to select a “Company of Choice” </li></ul><ul><li>Be aware of the generational differences </li></ul><ul><li>Assess yourself in terms of the “cultural fit” </li></ul><ul><li>Connectivity </li></ul><ul><li>What will external consulting become? </li></ul><ul><li>Understand the style of management </li></ul><ul><li>Gen Y’s managing Gen Z’s? </li></ul>
  13. 13. Questions
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