Accelerating success.<br />Generations<br />Colliers International<br />By Ben I. Schaal<br />
Generations: A Definition<br />2<br />“A group of people who share similar historical and social life experiences of which...
Baby Boomers (Born 1945 to 1964)<br />3<br /><ul><li>Shaped by:
  Civil Rights Movement
  Space race
  Vietnam
  Watergate
  Cold War
  Large class sizes
Self and career are staunchly connected
  Invented the 60 hour work week
  Competitive, materialistic, loyal
  Message they heard:  “You can make the world a better    place.”</li></li></ul><li>Generation X  (Born 1965 to 1980)<br ...
 Fall of Berlin Wall
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Generations Powerpoint

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This is a quick presentation about generational challenges and strengths in the modern work place.

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Generations Powerpoint

  1. 1. Accelerating success.<br />Generations<br />Colliers International<br />By Ben I. Schaal<br />
  2. 2. Generations: A Definition<br />2<br />“A group of people who share similar historical and social life experiences of which the effects are relatively stable over their lifetime.”<br />- Rick Bottiglieri, CEO, Momentum Corporation Ltd<br />Each generation has specific characteristics and values that shape their social interaction and attitudes towards life.<br />
  3. 3. Baby Boomers (Born 1945 to 1964)<br />3<br /><ul><li>Shaped by:
  4. 4. Civil Rights Movement
  5. 5. Space race
  6. 6. Vietnam
  7. 7. Watergate
  8. 8. Cold War
  9. 9. Large class sizes
  10. 10. Self and career are staunchly connected
  11. 11. Invented the 60 hour work week
  12. 12. Competitive, materialistic, loyal
  13. 13. Message they heard: “You can make the world a better place.”</li></li></ul><li>Generation X (Born 1965 to 1980)<br />4<br /><ul><li>Shaped by:
  14. 14. Fall of Berlin Wall
  15. 15. Rise of AIDS
  16. 16. Development of World Wide Web
  17. 17. O.J. Simpson trial
  18. 18. Divorce
  19. 19. Financial insecurity
  20. 20. Less likely to define themselves by their careers
  21. 21. Likely to change jobs; loyalty not a big value
  22. 22. Realistic, cynical, addicted to change
  23. 23. Emphasis on family and need for freedom
  24. 24. Message they heard: “You’ll never do as well economically as your parents did.”</li></li></ul><li>Generation Y (Born 1981 to 2000)<br />5<br /><ul><li>Shaped by:
  25. 25. Terrorism
  26. 26. Heroism
  27. 27. Patriotism
  28. 28. Dot-com boom and fall
  29. 29. “Wired World”
  30. 30. Crave freedom and fun – do not want to sacrifice
  31. 31. Work to live, not live to work – compartmentalize work
  32. 32. Do not feel the need to “pay dues;” want instant gratification
  33. 33. Positive, optimistic, close to parents
  34. 34. Message they heard: “You are super! You can do anything you want!”</li></li></ul><li>6<br />Some information on local panelists . . . <br />How old were you when you first traveled on an airplane?<br />Boomer 22<br />Boomer 14<br />Gen X 15<br />Gen X 10<br />Gen Y 12<br />Gen Y 5<br />
  35. 35. 7<br />More on our panelists. . . .<br />On a scale of 1 to 10 (1 = not important at all, 10 = very important) how important is it that you be paid very well?<br />Boomer 10/9<br />Boomer 8<br />Gen X 9<br />Gen X 8<br />Gen Y 8<br />Gen Y 7/6<br />
  36. 36. 8<br />More on our panelists. . . .<br />On a scale of 1 to 10, how important is it to you that you be able to wear comfortable clothing in your work environment?<br />Boomer 2<br />Boomer 7<br />Gen X 4<br />Gen X 4<br />Gen Y 9<br />Gen Y 8<br />
  37. 37. 9<br />More on our panelists. . . .<br />On a scale of 1 to 10, how important is flexibility to you?<br />Boomer 10<br />Boomer 10<br />Gen X 9<br />Gen X 7<br />Gen Y 8<br />Gen Y 8/7<br />
  38. 38. 10<br />More on our panelists. . . .<br />Were you asked your opinion on family decisions in your family of origin? <br />Boomer: “No, I was not involved at all.”<br />Boomer: “No, my dad would issue pronouncements.”<br />Gen X: “I would say . . . NO.”<br />Gen X: “I was not consulted.”<br />Gen Y: “We were asked our opinion, but I’m not sure we influenced anything!”<br />Gen Y: “Yes, for vacation decisions and pets.”<br />
  39. 39. 11<br />Communication…<br />In general, Boomers believe that Gen X and Gen Y overestimate their written and oral communication skills<br />Gen Y was 5 times more likely than Boomers and 2 times more likely than Gen X to find social networking sites valuable for building relationships<br />“Instant messaging has had an adverse impact on clear communications.”<br />42% of Baby Boomers agree with this statement<br />41% of Gen X agree with this statement<br />28% of Gen Y agree with this statement<br />
  40. 40. Survey said we agree . . . .<br />12<br /><ul><li> Employers owe employees competitive salaries and benefits
  41. 41. Employers owe employees fair treatment
  42. 42. Employers should provide employees with interesting and challenging work that creates opportunities to learn, grow and advance
  43. 43. Employees need to adhere to firm guidelines and support the goals of their supervisors
  44. 44. Employees should make sacrifices to help the team succeed and “go the extra mile”</li></li></ul><li>Best Practices… <br />13<br /><ul><li> Measure success and performance by results, not notions of face time and volumes of hours worked
  45. 45. Be open to perspectives different from your own: One person’s “no big deal to miss” is another’s significant sacrifice
  46. 46. Challenge staff to make the task more efficient after they have done it once
  47. 47. Create a clear learning path to career advancement with well marked milestones
  48. 48. Similarly, create a clear project path with well-marked milestones in projects</li></li></ul><li>Thanks!<br />

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