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The Three Generations at Work Traditionalists Veterans Boomers Gen X Latchkey Kids Sandwich Gen Y Millennials Echo Boomers 1920-1940 1946-1964 1965-1979 1980-1994 80 Million 50 Million 76 Million 35% of workforce >60% of workforce Fastest growing segment of workforce Work first ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
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“ A Generation is shaped by the events and circumstances its members experience at certain phases of life, beginning with childhood. Common generational traits initially develop as a result of social attitudes toward children and child rearing norms at the time.” - William Straus and Neil Howe Authors of  Generations and 13 th  Gen
Their Events & Circumstances History & Events Boomers Gen X Gen Y Era American High Consciousness Revolution Culture Wars & Roaring 90’s Presidents Truman to Kennedy LBJ to Carter Regan to Clinton Confrontations Abroad Korea to Cuba Vietnam to Iran Iraq to Kosovo Economy Affluent Society Stagflation Long Boom Popular Phrases Cold War Great Society Morning Again Ask Not Hell No! Kinder, Gentler I Have A Dream Limits to Growth Family Values
Their Influences…Their World Society & Culture Boomers Gen X Gen Y Child Nurture Relaxing Under protective Tightening Family Policy Priority Needs of Community Needs of Adults Needs of Children School Emphasis Excellence Liberation Standards Gender Role Gap Wide Narrowing Narrow Racial Goal Integration Assertion Diversity Income Equality Rising Peaking Falling Popular Culture Homogenizing Confrontational Fragmenting
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The issues for the organization: Financial  – cost of transitioning, lost revenue from talent loss or underutilization People & Performance  – getting the most out of talent, reinforcing behaviors that support openness and morale, willingness to address generational differences  Leadership  – transparent, sets clear objectives, and is seen as "fair" to both older and younger workers Governance-related  – workable policies, flexibility, best practices that are consistent with stated values The issues for individuals are: Psychological  – identity, self-esteem, denial, etc Career  – a fulfilling next phase Economic  – lifestyle, security Health/fitness  – maintaining it Legacy  – contributions: both financial and through involvement
Boomers   Gen X   Gen Y Generational Retention Challenges ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Are your managers prepared to lead ?
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The Business Of Generations 11 10 09

  • 1. Is your organization prepared ?
  • 2.
  • 4.
  • 5.
  • 6.
  • 7. “ A Generation is shaped by the events and circumstances its members experience at certain phases of life, beginning with childhood. Common generational traits initially develop as a result of social attitudes toward children and child rearing norms at the time.” - William Straus and Neil Howe Authors of Generations and 13 th Gen
  • 8. Their Events & Circumstances History & Events Boomers Gen X Gen Y Era American High Consciousness Revolution Culture Wars & Roaring 90’s Presidents Truman to Kennedy LBJ to Carter Regan to Clinton Confrontations Abroad Korea to Cuba Vietnam to Iran Iraq to Kosovo Economy Affluent Society Stagflation Long Boom Popular Phrases Cold War Great Society Morning Again Ask Not Hell No! Kinder, Gentler I Have A Dream Limits to Growth Family Values
  • 9. Their Influences…Their World Society & Culture Boomers Gen X Gen Y Child Nurture Relaxing Under protective Tightening Family Policy Priority Needs of Community Needs of Adults Needs of Children School Emphasis Excellence Liberation Standards Gender Role Gap Wide Narrowing Narrow Racial Goal Integration Assertion Diversity Income Equality Rising Peaking Falling Popular Culture Homogenizing Confrontational Fragmenting
  • 10.
  • 11.
  • 12.
  • 13.
  • 14.
  • 15.
  • 16.
  • 17.
  • 18.
  • 19.
  • 20.  
  • 21.
  • 22.
  • 23.
  • 24. The issues for the organization: Financial – cost of transitioning, lost revenue from talent loss or underutilization People & Performance – getting the most out of talent, reinforcing behaviors that support openness and morale, willingness to address generational differences Leadership – transparent, sets clear objectives, and is seen as "fair" to both older and younger workers Governance-related – workable policies, flexibility, best practices that are consistent with stated values The issues for individuals are: Psychological – identity, self-esteem, denial, etc Career – a fulfilling next phase Economic – lifestyle, security Health/fitness – maintaining it Legacy – contributions: both financial and through involvement
  • 25.
  • 26.
  • 27. Are your managers prepared to lead ?
  • 28.
  • 29.

Editor's Notes

  1. Didn’t receive a lot of formal training Smallest Generation in the Workforce Want to be seen as Individuals 10% of Gen X’ ers are Entrepreneurs
  2. Tell me how to do it and then leave me alone Want honesty and directness Praise focused on job and results not time spent Respect time off Community Involvement Valued
  3. Highest maintenance with the most potential Their point of view is the most important They are entitled….We did it! Self Esteem…Everybody gets a trophy.
  4. They want access to leadership Mentor relationships important Want their opinions to be asked for and heard Telecommuting and Recognition Important Action learning important Electronic forms of learning a positive