Industrial Resources

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  • Industrial Resources

    1. 1. Making the Most of Generational Differences in the Work Place :
    2. 2. Who are these Workplace Generations? Baby Boomers Generation “X” Generation “Y”
    3. 3. Baby Boomer
    4. 4. Generation “X”
    5. 5. Generation “Y” Digital Generation
    6. 6. World events shaping Baby Boomers
    7. 7. Baby Boomer Media Influence
    8. 8. Baby Boomer Work Heroes <ul><li>Bill Gates </li></ul><ul><li>Oprah Winfrey </li></ul><ul><li>Hillary Rodham Clinton </li></ul><ul><li>Pat Schroeder </li></ul><ul><li>Nancy Pelosi </li></ul>
    9. 9. World events shaping Generation X
    10. 10. Generation X Media Influence
    11. 11. Generation X Work Heroes Jerry Yang and David Filo co-creators of Yahoo.com
    12. 12. World events shaping Generation Y
    13. 13. Generation Y Media Influence
    14. 14. Generation Y Work Heroes
    15. 15. “ Baby Boomers” Political and Cultural Influence
    16. 16. Boomer Music
    17. 17. “ Generation X” Political and Cultural Influence
    18. 18. Generation “X” Music
    19. 19. “ Generation Y” Political and Cultural Influence
    20. 20. Generation “Y” Music
    21. 21. Characteristics of Baby Boomers <ul><li>Re-evaluate in midlife </li></ul><ul><li>Tend to want to regulate personal behavior </li></ul><ul><li>Unusually protective of children </li></ul><ul><li>Idealists with strong passions for personal and social improvements. </li></ul>
    22. 22. Characteristics of “Generation X” <ul><li>More tolerant </li></ul><ul><li>Delay marriage </li></ul><ul><li>Recognize the need to be individually competitive </li></ul><ul><li>Willing to change projects and/or companies </li></ul><ul><li>Display self pride </li></ul>
    23. 23. Characteristics of “Generation Y” <ul><li>Easily adapts to contemporary technology </li></ul><ul><li>Non-participation in politics </li></ul><ul><li>Places low value on ideology and formalism </li></ul><ul><li>Look to imported beliefs and value systems from abroad </li></ul><ul><li>Cynical world view </li></ul>
    24. 24. Prominent Baby Boomers <ul><li>Bill Clinton – president of the USA </li></ul><ul><li>George Bush – president of the USA </li></ul><ul><li>Dolly Parton – country singer and songwriter, actress </li></ul><ul><li>Donald Trump – entrepreneur, real estate developer </li></ul><ul><li>Steven Spielberg – pre-eminent American film director </li></ul><ul><li>Stephen King – author </li></ul>
    25. 25. Prominent Generation “X”ers <ul><li>Jeff Bezos – founder, amazon.com </li></ul><ul><li>Nicolas Cage - actor </li></ul><ul><li>Michael Dell – founder, Dell, Inc. </li></ul><ul><li>Ben Stiller - actor </li></ul><ul><li>Mike Tyson – boxer, undisputed heavyweight champion </li></ul><ul><li>Julia Roberts - actress </li></ul><ul><li>Timothy McVeigh - Oklahoma City bomber </li></ul><ul><li>Sammy Sosa – MLB player, Chicago Cubs </li></ul>
    26. 26. Prominent Generation “Y” <ul><li>Kelly Clarkson , pop star </li></ul><ul><li>Prince William , future King of England , </li></ul><ul><li>Kyle Busch , NASCAR driver </li></ul><ul><li>Ashley Olsen and Mary Kate Olsen , twin sisters, actresses </li></ul><ul><li>Freddie Adu , soccer player </li></ul>
    27. 27. Driving Factors for Baby Boomers <ul><li>Preoccupied with financial and employment security. </li></ul><ul><li>Likely to extend midlife well into what used to be considered &quot;old age.“ </li></ul><ul><li>Likely to enjoy good health and remain &quot;actively engaged&quot; longer than previous generations. </li></ul><ul><li>Economic inequalities are likely to become more important as the boomers age. </li></ul>
    28. 28. Baby Boomer Work Themes <ul><li>Involvement </li></ul><ul><li>Workaholism </li></ul><ul><li>Personal gratification and goal attainment </li></ul><ul><li>Promotion of equality </li></ul><ul><li>Redefining everything </li></ul><ul><li>Desire to please </li></ul><ul><li>Workarounds to meet their needs </li></ul><ul><li>Social consciousness </li></ul>
    29. 29. Work Place Driving Factors for Generation X <ul><li>Looking for a good 401(k) plan&quot; -- not salary -- number one on their list of financial concerns. </li></ul><ul><li>Value flexibility and freedom, especially when it comes to work </li></ul><ul><li>Looking for learning opportunities, up-to-date technology, workforce diversity, and flexibility. </li></ul>
    30. 30. Generation X Work Themes <ul><li>• Self-reliance </li></ul><ul><li>• Focused on building skill-portfolio </li></ul><ul><li>• “ Work to live, don’t live to work” </li></ul><ul><li>• Non-traditional orientation about time and space </li></ul><ul><li>• Unimpressed by authority/hierarchy </li></ul><ul><li>• Skepticism </li></ul><ul><li>• Live for adventure </li></ul><ul><li>• Tech savvy </li></ul>
    31. 31. Work Place Driving Factors for Generation Y <ul><li>Want material comfort and the “good life”. </li></ul><ul><li>When working with co-workers and supervisors they typically demand respect first, reserving the right to prove themselves “later”. </li></ul><ul><li>Demands flexibility at work. </li></ul><ul><li>Has the pack mentality. </li></ul>
    32. 32. Generation Y Work Themes <ul><li>• Re-emerging social consciousness </li></ul><ul><li>• Life-long learning/intellectual curiosity </li></ul><ul><li>• Smart work/problem solving </li></ul><ul><li>• Team work </li></ul><ul><li>• Uninhibited communication </li></ul><ul><li>• Emotional literacy </li></ul><ul><li>• Holistic lifestyle </li></ul><ul><li>• Technology dependence </li></ul>
    33. 33. Impact on Employers <ul><li>76,000,000 baby boomers are set to retire by the end of the decade </li></ul><ul><li>Only about 44 million Generation X'ers available to pick up the slack. </li></ul><ul><li>The talent crunch soon will be felt in technical and scientific fields </li></ul>
    34. 34. Work environments that attract or repel Gen. X: <ul><li>Traditional Workplace </li></ul><ul><li>Security from the institution </li></ul><ul><li>Promotions based on longevity </li></ul><ul><li>Loyalty to the organization </li></ul><ul><li>Wait to be told what to do </li></ul><ul><li>Respect based on position/title </li></ul><ul><li>New Generation Workplace </li></ul><ul><li>Security from within </li></ul><ul><li>Promotions based on performance </li></ul><ul><li>Loyalty to the team </li></ul><ul><li>Challenge authority </li></ul><ul><li>You must earn respect </li></ul>
    35. 35. Tips For Improving Generation “X” Retention and Productivity <ul><li>Be approachable </li></ul><ul><li>Take time to be personal </li></ul><ul><li>Encourage employee growth </li></ul><ul><li>Performance based promotions and rewards </li></ul><ul><li>Help employees “see the big picture” </li></ul><ul><li>Build morale </li></ul>
    36. 36. Work environments that attract or repel Gen. Y: <ul><li>Seek intellectual challenge and thrill from work </li></ul><ul><li>They desire work that fits comfortably into what they want out of their lives </li></ul><ul><li>Do not want their work to seem menial or mundane </li></ul>
    37. 37. Training the “Generations” to meet the upcoming Demand <ul><li>What types of materials are available? </li></ul><ul><li>What types of training materials are suited for each group? </li></ul><ul><li>What learning environment is effective for each? </li></ul>
    38. 38. Types of Training Materials <ul><li>Tech Manuals </li></ul><ul><li>Training Materials (Hard Copy) </li></ul><ul><li>Video Based Training </li></ul><ul><li>Training Materials (on Intranet) </li></ul><ul><li>Computer Based Training (interactive) </li></ul><ul><li>PowerPoint Presentations (interactive) </li></ul>
    39. 39. What types of training materials are suitable for each group?
    40. 40. What learning environment is effective for each?

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