Education in Australia McCrindle Research Future Forum

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Education in Australia: Current Realities based on the ABS data. Community Attitudes: based on national market research, and Emerging Trends: 1) Tween Town 2) Digital Integrators 3) XYZ Schools 4) Schools at the Cross Roads 5) New Local 6) Fragmentation 7) Big Education. More free resources at www.mccrindle.com.au or www.futureforum.com.au

Education

Education in Australia McCrindle Research Future Forum

To attract and retain Gen Y in this high-turnover era we must meet their top 5 workplace needs. This comes straight from our research of Australian Gen Y workers and in order of importance they look for: 1. Work/Life Balance: For Generation Y their job matters however it is not their life – but rather it provides funds that fuel their life. In addition to their job they may also be juggling study, friends, family, sport, other work and community involvements. So when it comes to their work schedule and overtime think: flexibility. Remember: if there’s a clash in the work-life balance, life wins! 2. Workplace Culture: This has to do with the relationships with others at work. For Generation Y social connection with peers is one of the top retention factors. Not all of them have support from home so they are looking for a place to belong. Remember: they want community, not a workplace. Friends not just colleagues. 3. Varied Job Role: Gen Y like change - it’s all they’ve ever known. So offer variety in their job description and combine it with responsibility and promotions where possible. Remember: Many quit jobs not because there is a compelling reason to leave, but because there is no compelling reason to stay. 4. Management Style: The ideal supervisor is one who values communication not just authority. One who leads by example and involvement and not just by command and control. Gen Y’s are just beginning their careers so offer support, mentoring, positive feedback and public recognition. As John Maxwell says “If you’re leading, and no one’s following – then you’re just out for a walk”. 5. Training: Generation Y know that in the 21st Century it is essential to keep their skills up to date. In fact 90% of Generation Y’s who receive regular training from their employer are motivated to stay with their employer. So today training is more than a tool for productivity – it is a tool for retention.

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Study in Australia with Global Opportunities, higher education consultants in India. We represent the following Australian universities and Australian colleges: ACE Australia Australian College Broadway NSW Australian National Airline College ACN, Sydney Australian Institute of Technology & Education AUSBATAR, Melbourne ABBEY College Australian Institute of Technical Training(Melbourne) Australian Institute of Technology and Education(Melbourne) Australian Institute of Commerce and Technology(Perth) Billy Blue School of Graphic Arts BT Education Limited Canterbury Business College Central Queensland University Charles Darwin University Charles Sturt University CIC, Perth CELUSA, Adelaide Cambridge International College Careers Institute Australia Deakin University Eynesbury, Adelaide Education Access Australia(MIE/MITH) Edith Cowan University Griffith University Hales Institute Hospitality Training Australia Holmes Institute IIBIT-Ballarat Insearch, UTS KBIT Latrobe University La Trobe International College/ Latrobe University MIBT, Melbourne Macquarie University, Sydney Macquarie City College PIBT, Perth QIBT, Brisbane RafflesKvB - Sydney, Australia SAIBT, Adelaide IBT, Sydney Shaftson International College Sheila Baxter Swinburne TAFE/Swinburne University of Technology The Meridian International School, Australia University of Ballarat University of Southern Queensland University of Sunshine Coast University of Tasmania University of Wollongong USQ, Sydney Education Centre UNIVERSAL NETWORK OF INFOTECH(Adelaide) Victoria University Sydney William Blue School of Hospitality, Tourism and Leisure

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People in different age groups often see life differently. Today’s employers not only went through a different workplace to the one today — but they have a longer experience of the workplace and with that comes a different perspective. Therefore it is critical that today’s employees understand the background of their employer and so are equipped to bridge the generation gaps. It is provided to you by McCrindle Research to help the emerging generation of workers better relate to their employer. We have also produced an accompanying Employers Guide. You’ll find it and more resources at www.mccrindle.com.au

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Mark McCrindle is a social researcher with an international reputation for tracking the emerging trends and analysing the diverse generations. He is the Director of McCrindle Research, whose clients include over 100 multinational organisations. His highly valued research and reports have developed his renown as a futurist, demographer and social commentator. Mark is highly regarded for his engaging presentations whether they be keynote addresses at conferences, boardroom briefings or facilitated workshops.

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Australia has long been blessed with stable governments, high-functioning democracy and the rule of law. However, what actively enables the flourishing of our society, as reflected in this Future Donor report, is not just government and its agencies, or even our local communities but the for purpose sector. While the retail sector facilitates vitally needed communities of interaction, and our diverse local suburbs for many are communities of belonging, it is the charities and non-profits that build communities of purpose. These for-purpose organisations are defined by three factors which distinguish them from business, retail or local communities: they are problem focussed, outward orientated and action driven. This is why Australians, even in this era of declining trust in institutions, continue to hold charities in high regard. As this report reveals, the proportion of Australians who highly trust charities and not for profits is 50% higher than the best performing government category (local councils) and twice that of large corporations. Charities should be further encouraged by the findings that even amidst rising costs of living, most Australians have financially supported this sector in the past year, and of those who have given financially, more than half (55%) have the same if not more ability to give, and almost two thirds (64%) have the same if not increased willingness to give. This report looks to the future by analysing the emerging generations and it reveals motivated young donors who will respond to global issues not just local ones, with a focus on solving root causes rather than just meeting immediate needs, who want to be active advocates not just passive givers and who can be engaged digitally, and through that means, engage others. It is our hope that this report further equips the for-purpose sector to shape thriving communities, effectively engage and involve the next generation, and positively impact the future.

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Coined in the 1980’s, the VUCA acronym has been an apt summary of recent decades (Volatility, Uncertainty, Complexity and Ambiguity). In 2018 at the World Economic Forum, the Prime Minister of Canada highlighted the increasing acceleration of the trends with his statement: “The pace of change has never been this fast, yet it will never be this slow again”. Yet all of this was before the global COVID-19 pandemic further disrupted and transformed our times. In such times, analysis of the trends and regular scans of the horizon is essential to thrive amidst the transformations. The primary characteristic of a leader, which enables the important strengths of vision and decisiveness, is foresight. The reason they can lead is that, having understood the trends, they are able to see things not just as they are, but as they will be. At McCrindle we exist to empower human flourishing by equipping leaders with research-based insight. Indeed the leader with the honed characteristic of foresight, and equipped with evidence-based insight is able to do more than just see the future, they take up the great responsibility to shape it. We trust this report will help you understand the times, prepare you for the emerging megatrends, and equip you to lead and grow your team, community and organisation with both humility and confidence.

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