1. Talent and the Generations
Michael Jenkins and Alex Swarbrick
Roffey Park Institute
2. Welcome to the Roffey Park
Talent and the Generations Webinar
Michael Jenkins Alex Swarbrick
Chief Executive Senior Consultant
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3. Roadmap for today’s webinar
Getting on the same page
about the generations
The generations at work
around the world
Sourcing talent
Retaining talent
Developing talent
Taking action
Questions
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4. Data sources for the webinar
Roffey Park research
including focus groups
Research by generational
specialists around the world
Global information from HR
directors and programme
participants – UK, China,
Japan, Singapore, Europe
(western, central and
eastern), the United States
and Africa
Gen Y interviews with
youngsters in the UK and
Singapore
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5. Intergenerational issues – media hype?
Yes, but …
Clear strategic issues for
organisations across the
world
Talent
– Sourcing
– Retention - expectations
differ
– Development into the
future (10-15 years out)
– Generational expectations
and development
strategies for HR
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6. The Generations
Traditionals/Silents born 1909 -1945
Boomers born 1946 -1964
Traditional Boomers (1946-1954)*
Generation Jones (1955-1964)*
Generation X born 1965 – 1979
Generation Y born 1980 – 1999
Linksters/Millenials born after 2000
*sub-division suggested in the Knoll report 2010: Generational Preferences
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7. Impact of differences at work
How do generational
differences play out at
work?
How will we source talent
from different generations?
How do we retain talent
across the generations,
given their different
expectations of the
workplace?
What can organisations do
to meet the development
needs of talent into the
future?
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8. Impact of differences at work
Generational
differences impact
working styles
and the
psychological
contract
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9. Working styles
Generation Working style
Traditionals Directive, simple, clear
Hierarchical, collective mindset, sharing wisdom,
Boomers
conservative, measured
Fair, competent, straightforward, collaborative,
Xers experimental within boundaries, reluctant respect for
authority
Challenging of authority, innovative, individualistic, fast-
Gen Y
paced, short-term focus, ambitious, narcissistic
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13. Key points from the Shanghai General
Motors sample – Gen Y on Gen Y
Enhancing personal expertise and
realising one’s own self-worth (45%)
Linking closely promotion, pay rise and
organisational growth (22%)
New challenges, continuous
improvement (15%)
Taking on responsibility to work towards
shaping the organisation’s future (14%)
Managing work-life balance (7%)
Generation 80/90 – even though they
love money and love their freedom,
they love their future even more!
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14. How will we source talent from different
generations?
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16. What attracts Gen X?
Entire package – not just
money
– Time off
– Growth and
development
opportunities
– Work-life balance/family
priorities
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17. What attracts Gen Y?
They won’t settle for any
job, or any package
– Friendships
– Making a valued
contribution
– Meaningful, challenging
work – not mundane
– Development prospects
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18. What matters to me
Family
Friends
Making a difference
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19. Talent Dilemmas
For the few or the many?
Transparent or secret?
Self-nominated or manager-
nominated?
Individually tailored or
generic?
Self-managed or organisation-
managed?
Overlaid by generational
considerations
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20. Retention - Boomers
Like being respected, especially
for demonstrating their
competence, and for
experience
Career advancement doesn’t
have to be linear and vertical
– Sideways moves, and
challenging projects can also
be attractive
Flexible working arrangements
– Sandwich generation;
supporting both
‘boomerangers’ and aging
parents
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21. Retention – Gen X
A good boss
– Approachable
– Listens to their needs
– Integrity
– Gives feedback &
encourages development
Gen X will work
diligently for a boss they
respect
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22. Retention – Gen Y
Value given to their ideas
Opportunities to develop
their skills
– Coaching and mentoring
Want responsibility
Flexibility
– Work isn’t the only thing in
their life
Recognition – even for
their potential
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24. Shanghai General Motors HR view
on Gen Y
A. Like being respected
B. Leaders need to be trusted and charismatic
C. Like learning, exploring meaningful jobs
D. Promote open communication and get timely feedback and
approval
E. Like autonomy, flexibility and interesting working
environment
F. Look forward to mentorship and coaching developments
(career development)
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25. Implications for developing
Gen Y talent
Visionary and
engaging leadership
Coaching skills
Followership and
managing upwards
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26. What’s expected from Leaders
An interest in people
Able to listen to other
people and their views
Direction (alongside me)
Inspiration
Great facilitation and
communication skills
Decisiveness and control
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27. Implications for leadership
development
Moral dimension of
leadership
Self awareness
Coaching behaviour
change
Respect, value and
inclusion
Leaders who develop
leaders
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28. The next generation
Narcissistic
Unique
Highly intelligent
If I ruled the world …
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30. Productive “narcissists”-
just what we need?
Bring passion
Challenge the status quo
Dare to break new
ground
Boldly innovate
Provide vision
Inspire others
Drive organisations in
new directions
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32. Characteristics of the 80/90s (Gen Y) in China – a shared
understanding by those working with the 80s/90s
Positives: Independence, strives for
success, individuality, full of ideas,
jubilant, full of vigour, expressing
individuality, innovative, willing to
take responsibility for their actions,
fervour
Negatives: Misanthropic (lacking in
emotional intelligence – EQ),
rebellious, puzzled/impetuous,
frivolous/irritable, demonstrates
helplessness, is a slave to
housing/loan issues, wilful,
(complains about a) perceived lack
of opportunity (triggers job-
hopping)
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33. Positive attributes of your generation
Technological
awareness/communication
Creativity
Acceptance/embracing
diversity
Community (on-line)
Close as a generation
Driven to succeed
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34. Negative attributes of your generation
A degree of arrogance
Indecisiveness
Being easily distracted
Impatient
Concern with weight and
fashion
Materialistic
Technology (double-
edged sword)
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35. Changing and adapting policies –
examples from global organisations
An American IT company
launching a diversity and
inclusion programme (which
includes generational
diversity) and then pushing it
out globally using new
technology
A global financial services
sector company which uses
“high touch” contact through
social chat rooms and
information sessions
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36. Changing and adapting policies –
examples from global organisations
An international bank that
advertises employment
benefits to older workforce
stakeholders (like parents!) –
relatively “low-tech”
A Chinese company taking
the initiative to examine
generational differences and
adjust or refine its HR
strategy accordingly
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37. Actions to consider
Have I undertaken a generational
audit?
Have I thought about the overall
psychological contract from a
generational perspective?
Do I involve followers from
across the generations in
designing development initiatives?
Do I look for opportunities for
cross-generational learning?
Am I supporting Gen Y’s first
steps as managers?
Have I ensured that our leaders
are generationally in tune with
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their followers?
39. Thank you to the students from
Tanbridge House School and
Christ’s Hospital School as well as volunteers
from the Halogen Foundation, Singapore
Olivia Hardy Alex Godsmark Bethany Dickson-Cave
Tof Odusolu Gus Streeting YunQing Alex Bland YenSiu Tash King
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40. For more information on Roffey Park
contact
Melissa Green
Marketing & Business
Development Manager
tailored@roffeypark.com
+44 (0)293 851644
+44 (0)7825 616281
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