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The Gen Y Agenda- R u in?

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This is a presentation that i gave in one of the conferences in singapore focusing on generational differences.

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The Gen Y Agenda- R u in?

  1. 1. The Gen Y agenda - Are you in? …Jayesh Menon-18th Oct 2012
  2. 2. 2 A GLOBAL COMPANY Operating locally. LOCATIONS 80 COUNTRIES 35
  3. 3. WHAT WE BELIEVE The way we manage energy and water will shape this century.
  4. 4. ESTIMATED WORLD POPULATION IN 2025 8 billion
  5. 5. WORLD DEMAND FOR WATER BY 2025 +22%
  6. 6. WORLD DEMAND FOR NATURAL GAS BY 2025 +67%
  7. 7. WORLD DEMAND FOR ENERGY BY 2030 +40%
  8. 8. At Itron, we provide the technology and talent to enable the world’s utilities to measure, manage and analyze the delivery and use of electricity, gas, and water to create a more sustainable future.
  9. 9. OUR HERITAGE Over 100 years of knowledge and experience.
  10. 10. A RESOURCE MANAGEMENT LEADER ITRON OVERVIEW 10 105mENDPOINTS 8,000CUSTOMERSIN 130COUNTRIES 9,500EMPLOYEES 2.4bn2011 REVENUEUSD
  11. 11. 11 » What you need to know when you are targeting Gen Y hires » Emotionally engaging your Gen Y » How the intrinsic motivation of each generation differ » How generational differences can make or break your ability to hire and retain » Ensuring harmony in the workplace amidst generational differences
  12. 12. 12 R U BRD?
  13. 13. 13 » Who is a Gen Y?? » How many of you are Gen Y’s?.....and… Gen X…. Baby boomers…
  14. 14. ITRON OVERVIEW / 14 WHY DO WE NEED TO KNOW MORE ABOUT GEN Y’S
  15. 15. 15 Generation Population % Of World Population Gen Y - 15-29 years old 1,723,911,077.00 25.47 Gen x - 30-44 year old 1,442,951,791.00 21.32 Baby Boomers - 45 - 64 years old 1,233,836,150.00 18.56 Traditionalists - 65-74 years old 316,330,067.00 4.67 • By 2025 Gen Y will make up 75% the workforce •Companies are still run by Baby boomers with “generational gaps”
  16. 16. 16 UNDERSTANDING THE GENERATIONAL DIFFERENCES @WORK Source:http://www.fdu.edu/newspubs/magazine/05ws/generations.htm
  17. 17. 17 IS YOUR ORGANIZATION GEN Y COMPATIBLE?
  18. 18. 18 » How good you value your sustainability? » How Flexible, Mobile and Unconventional are you? » Do you provide “Employability” and life long learning opportunity? » Quality of Life at work and home?
  19. 19. 19 A NUT SHELL VIEW TO ATTRACT AND RETAIN Understand the generation Give them the “deal” Keep them… as long as you can… •Look at what their needs are, understand their motivational needs •Recognise how different they might be and how they perceive your workplace •Map this generation to your talent pipeline •Restructure your compensation if need be •Walk the talk •Personalize,socialis e and set them free. •Get them involved and give feedback •Help them grow and learn •Expect a higher churn in this generation •Measure by productivity •Constantly innovate and stay ahead of the curve •Don’t forget the rest
  20. 20. 20 CREATING SYNERGY Align your business plan& talent strategy Face the future and find similarities Execute & Monitor •Analyze your work force Demographics •Recognise the need for accommodating all generations •Get executive buy in •Understand the motivating factors for each of the generations •Find the bridge and connect them •Communicate across the board •Create multigenerational task teams. •Provide coaching and reverse mentoring as appropriate when faced with resistance •Monitor progress and retune...
  21. 21. CORPORATE HEADQUARTERS 2111 N Molter Road Liberty Lake, WA 99019 United States THANK YOU

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