SlideShare a Scribd company logo
1 of 68
PRESENTATION TO
   PARADISE FOODS
MANAGEMENT GROUP
    December 7, 2011

        Jim Finkelstein
    President and CEO
     FutureSense, Inc.

 www.fusethebook.com
 www.futuresense.com
                          1
You have
exactly 1586
 cows and
  calves!
1.   You showed up here
     even though nobody
     called you…
2.   You want to get paid
     for an answer I
     already knew…
3.   To a question I never
     asked…
4.   And, you don’t know
     anything about my
     business!
13
14
A Millennial in Boomer Clothing
   Entrepreneur and Business
    Owner, FutureSense, Inc.
   Partner – Arthur Andersen
   CEO of wholly owned subsidiary
    of publicly traded company -
    Willis Corroon
   Corporate executive, Pepsi-
    Cola, American Can, Emery Air
   Investor, LinkedIn and RockTech
   Domain expert, Callidus Software
   Former Board member, Enwisen
   Board member, numerous non-
    profits for 35 years
   Author and movie and record
    executive producer
   Soccer referee and former coach
   Husband and dad
                                       15
16
17
18
www.abraham-maslow.com




                         19
www.spiraldynamics.net
Value Systems    Basic Description            Cultural Manifestations

Turquoise      Holistic/Whole View        Collective individualism, cosmic
                                                       spirituality
Yellow         Integrative/Ecological   Natural systems, knowledge-based

Green          Consensus/Bonding         Egalitarian, humanistic, authentic,
                                                    caring sharing
Orange         Strategic/Autonomy       Materialism, consumerism, success,
                                                image, status, growth
Blue              Authority/Rules         Meaning, discipline, traditions,
                                                     morality
Red            Egocentric/Conquest             Dominance & control

Purple            Mythical/Tribal       Rites, rituals, taboos, superstitions,
                                                    folk ways & lore
Beige               Instinctive                    Basic survival
                                                                                  20
Cultural DNA Crosses All
Demographics…
     Gender     Age     Ethnicity    Income      Political
     Orientation


     Gender Age       Ethnicity     Income     Political
     Orientation


     Gender Age       Ethnicity     Income     Political
     Orientation


     Gender Age       Ethnicity     Income     Political
     Orientation


     Gender           Age     Ethnicity      Income        Political
     Orientation

     Gender Age       Ethnicity     Income     Political               21
22
The Cogenerational Workforce




                               23
Multi-Generational View of
Millennials
•   Generation Y
•   iGeneration
•   Digital Natives
•   Generation Why
•   Generation
    Whiner
•   ADHD
    Generation
•   Adultolescents
                             24
Multi-Generational View of
   Boomers
                                             Generation Me
                                             Hippies
                                             Love Generation
                                             Self-absorbed
                                              Generation
                                             Largest and richest
                                              generation
“As a group, Boomers are self-
conscious, reflective and judgmental. We
                                             Pig in the Python
are the „me‟ generation. You are the „why?‟   Generation
generations.” -- G.L. Hoffman, CEO and
Chairman of JobDig

                                                                    25
•Individualistic    •Family Centric
 •Work Centric    •Easily Adapts to      •Tech Savvy
 •Independent        Technology         •Achievement
•Goal Oriented        •Flexible            Oriented
  •Competitive   •Values Work/Life     •Team Oriented
                      Balance         •Attention Craving
                                                           26
Cogenerational Workplace
Drivers: The Mash-up




                           27
28
Impact: United Voting Block
              Needs   Wants               Values            Characteristics

Millennials   Jobs    Flexible work       Work/life balance Boomeranging
                      environment         and survival      back in with Mom
                                                            and Dad
GenXers       Jobs    To get back on      Work/life balance Boomeranging
                      the upward          and money         back in with
                      ladder                                friends and family
Boomers       Jobs    To retire (for a    Work/life balance Boomeranging
                      while - tired)      and money         back in with kids?
Seniors       Jobs    To re-retire (not   Work/life balance Taking them all in
                      enough money)       and money         at the retirement
                                                            community



                                                                              29
Impact: War of the Generations
 Gridlock
 Not enough
  jobs to go around
 Underemployed
 New job search
  tools
 Interview
  competition


                                 30
Impact: Boomerang Effect
 Multi-generational households grew by
  2.6M between 2007 and 2008 (Pew
  Research)
 40% of 2008 graduates and 42% of
  2006 graduates live with their parents




                                           31
32
Implications For Millennials
   Managing Mom and
    Dad
   Accepting Feedback
   Appropriate
    Communication
   Multiple Bosses




                               33
Implications for Boomers
 Become Tech Savvy
 Embrace Benefits of Social Media
 Let go of Stereotypes




                                     34
Implications: For
Employers
  Buyers Market
  High Cost of
     Millennial Turnover
    Multi-channel
     Communication
    Build Strong
     Employer Brands
    Personalize Benefit
     Choices
    Reexamine your
     People Practices



                           35
Why it Matters: Engagement
Low Engagement
    Operating income declined 32.7% (Towers Watson)
    62% more accidents with scores in lower quartile.
      (Gallup)

High Engagement

     More productive, profitable, safer, healthier, and 87%
      less likely to leave their employer. (Corporate Leadership
      Council & Fleming & Apslund)

     19.2% improvement in operating income        (Towers
      Watson)

     EPS growth rate of 89 organizations with engagement
      scores in the top quartile was 2.6 times that of
      organizations with below average scores. (Gallup)

                                                                   36
Your People Practices:
Dealing with Millennials!




                            37
Employee Lifecycle
Touch Points
   6 Phases               2 Overarching
       Attracting          Constructs
       Acclimating          Social Networking
       Retaining            Employee
       Inspiring            Engagement
       Fulfilling
       Transitioning      11 Segments –
                            What about
                            those
                            Millennials?

                                                  39
Attracting
   Demand Creation                Don’t be an ostrich.
     What’s the social media       Monitor
      buzz about your               Glassdoor.com, emp
      organization?                 loyeedirt.com
     Does your website
      wow?                         Entice me and let me
     Does anyone manage
                                    interact
      your employer brand?         Pictures compel, so
     What’s your                   does a higher
      organization’s higher         purpose
      purpose?
                                   Product brands
                                    aren’t enough –
                                    what’s the employee
                                    brand


                                                           40
41
42
43
44
Attracting (Cont.)
   Recruiting                  Need to be everywhere
     Where will                – Monster, Twitter,
      Millennials find you?     Facebook, LinkedIn, etc
                               Connect them to great
     Are you
      masterminding first       coworkers, introduce
      impressions?              benefits early in the
                                hiring process
     How fast can you
      hire?                    Rework your processes
                                1 week is ideal
     Do your want ads
      lie?                     Match ad to job
                                description, align
                                interviewers and ensure
                                the work experience is
                                as promised

                                                          45
Attracting (Cont.)
Be Impressive
 First line of the job posting has to
  convey the organization’s purpose
 Fast, easy job search functionality
 Position match notification
 Video to tell your company story
 No “motherhood and apple pie” values
 Corporate social responsibility counts




                                           46
Acclimating
   Onboarding                   Manager hosts and
     Do you delight on day       makes introductions
      one?                       Map out the
     What has to happen          experience employees
      in the first 100 days?      have in their first 100
                                  days
     How does a new hire
                                 Have your CEO teach
      get smart about your
      brand and culture?          the culture and
                                  company story
     Is it time to lose your
                                 Get tech tools in their
      old school social
      media access                hands day one
      policies?



                                                            47
Acclimating (Cont):
Millennial Work Wish List
    Findings from Cisco Connected World Technology Report
      Accommodates social media
      Gives device freedom
      Supports remote working to accommodate their lifestyle
      Allows flexibility to explore and innovate


    1 in 3 college students would prioritize social media & flexibility over
     salary when accepting a job
    More than half of young professionals would rather lose their wallet
     before losing their Smartphone
    2 in 5 young employees would accept a lower-paying job for more
     social media flexibility & work mobility


                                                                                48
Acclimating (Cont)
   Supervision               Assess the attitudes of
                               your people managers
     Are managers            Institute reverse
      harboring                mentoring between
      generational bias?       millennials and boomers
                              Make sure managers use
     What can you             a mix of the latest
      learn from your          communication
      Millennials?             channels- blogs, video,
                               etc to get their message
     Do your managers         heard…more pictures,
      stay connected           less words – be human
                               and authentic
      and get their
      message heard?



                                                          49
Acclimating:
Blogs Extol Reverse Mentoring
   Cisco Blog The                           Jack Welch ordered GE’s top 600
    Results: How Reverse                      managers to reach down into
    Mentoring Can                             their ranks for Internet junkies
    Enhance Diversity and                     and become their students.
                                              Source: Forbes
    Inclusion
       Laura Earle October 11, 2011 at
        7:59 am PST
                                             Blog Reverse Mentoring is
                                              All About Screwing in the
                                              Lightbulb before Flipping
Benefits                                      the Switch
 Shared Learning                                          May 12, 2010

 Honesty/Respect                            Shala Byers        is the creator
                                              of Booz Allen‟s Reverse
 Relationship                                Mentoring Program for 20,000
                                              employees
 Continuation                               Reverse Mentoring led to :
                                             Brainstorming Sessions
                                             Enhanced Client Offerings
                                                                                  50
Acclimating:
Advice From Cisco
Top 5 Areas to Mentor
   1.) Communication and style
   2.) Cultural knowledge
   3.) How to be a better leader
   4.) Relationship with team
   5.) Change management
   Other topics: work-life balance, how to juggle a
    family and a career and how a senior woman is
    perceived in a circle of senior men

                                                       51
Acclimating:
Get with the Program!
   “The future of business is social.“We have
    to stop thinking about our companies as a
    corporate ladder. It doesn’t resonate with
    me, it doesn’t resonate with my peers. If we
    want to be an organization that really
    embraces change and adopts and is
    innovative, we need to think
    faster, smarter, social.”
                  Alexa Scordato
                  Community manager at 2tor,
                  an education technology startup


                                                    52
Retaining
   Compensation and           Bring people in at
    Benefits                    the right salary
     Do you pay for           Let employees
      performance, potent       choose benefits
      ial, both?                that fit their
     How much                  priorities
      employee choice is       Be clear about
      built in to your          your comp
      benefits?                 philosophy – and
     How do you use            why it is
      base and                  competitive
      incentives?

                                                     53
Retaining (Cont)
   Learning and Career            Millennials will
    Development                     want to move
     How often are people          every 18 months
      moved to different           Tie promotions to
      jobs?
                                    tangibles so the
     What does it take to
      get promoted?
                                    process feels
     Is training interactive
                                    equitable
      and online?                  Offer interactive
     Do you do strategic           online training as a
      workforce planning?           learning option


                                                           54
Inspiring
   Reward and                     Find small ways to
                                    shower people with
    Recognition                     recognition
     Do pennies rain down         Make recognition timely
      on desks?                     and personalized
     Is recognition having        Look at non-traditional,
      an impact?                    free forms of recognition
     Variety is the spice of       – the ability to choose
      recognition                   your next assignment,
                                    seeking input on a
     Do your managers              decision, other ways to
      deliver?                      show people they are
                                    valued

                                




                                                                55
Inspiring (cont): Recognition
and Organizational Health
                                                        “Senior management‟s
                                                        ability to demonstrate
                                                        genuine interest in
                                                        employees is the top
                                                        engagement driver
                                                        globally.”

                                                        “Strong manager
                                                        performance in
                                                        recognizing employee
                                                        performance increases
                                                        engagement by 60%.”
                                                        Towers Perrin Study


Higher engagement levels produced shareholder returns 9.3%
higher than the returns for the S&P 500 from 2002-2006
Inspiring (Cont).
Recognition
   Challenging Assignment
   Choice of new Assignment
   Day off of Work
   Consult my Expertise
   Request my Input on
    Decisions
   Trust my Intentions
   Hear kudos from my
    Manager, in addition to
    Team leader




                               57
Inspiring (Cont)
   Performance
    Management
     Do you offer 30
      day reviews?
     Do you have a
      culture of ongoing
      feedback?
     Do reviews play
      into promotion
      decisions?

                           58
Inspiring (Cont)
  The Feedback Planner
       1. Describe Current Behaviors                     4. Identify Alternative Behaviors
Describe current behaviors that you want to        Identify alternative behaviors and actions for
reinforce (praise) or redirect (criticism) to      you, the employee, and others to take to
improve a situation.                               improve a situation.
*Be Specific With Behaviors                        *Be Encouraging And Offer Ideas
*Be Descriptive                                    *Be Creative With Options
*Be Brief                                          *Be Part Of The Plan
*Be Available And Open                             *Be Optimistic
*Be Patient                                        Box 4 is where problems with undesirable
*Be Prompt                                         behavior (being criticized) are creatively
*Be Sensitive To Time And Place                    solved, and benefits with desirable behavior
Box 1 of the Feedback Planner provides the         (being praised) are reinforced and
foundation for a mutually agreed upon and          capitalized on.
understood perspective of the current
behavior.
                                                                        

            2. Identify Situations                    3. Describe Impacts and Consequences
*Be Factual With Examples                        *Be Precise And Selective
•Box 2 confines the current behavior to a         *Be Objective
time and place.                                   *Be Supportive
                                                  Box 3 spurs behavior change – it justifies
                                                  and sells the need for change.
Fulfilling
   Social Responsibility      Millennials want to
     Need help going           make the world a
      green?                    better place – give
                                them time to do that
     Do you give paid time
                               Community support is
      off to volunteer?
                                an ideal avenue to
     What causes do you        bring Millennials and
      support through           Boomers together
      formal programs?
                               What you support
     Do you sustain            during hard times
      programs during good      speaks volumes
      times and bad?
                               Most Millennials want
                                a hand in green
                                initiatives – give them
                                one if you can


                                                          60
Fulfilling (Cont):
Employee Volunteerism Trends
   1/3 of US Corporations   What is your
    have some form of          organization doing?
    Employee Volunteer
    Program (EVP)

   Two models:
     Employer-initiated
     Employee-led,
     Most companies have
      both types.
   Community action
    days are most
    popular.

                                                     61
Fulfilling (Cont):
Dollars for Doers
Company             Grant Amounts

Adobe Systems       $125 for every 10 hours

Amgen               $500 for every 15 hours

Bank of America     $250 for 50 hours; $500 for 100 hours

Gap                 $100 for every 10 hours

GlaxoSmithKline     $500 for at least 50 hours

Google              $50 for every 5 hours

Johnson & Johnson   $250 for at least 40 hours

Merck               $400 for at least 40 hours

Microsoft           $17 per hour
                                                            62
Novartis            $250 for at least 40 hours
Fulfilling (Cont)
   Work/Life Balance
     What’s your
      organization’s
      philosophy on
      work/life balance?
     Can people flex
      their schedules?
     Do you help people
      manage stress?
     Are managers
      trained to support
      work/life balance?



                           63
Transitioning           Cisco Systems – “Typical huge
                        company”
                        “Company is losing full time employees
 Termination           rather quickly. The good employees are
                        leaving to take better offers, and the bad
   How do you          ones are sticking around. People who left
    handle force        were offered 20% more to work elsewhere.
    reductions?         Lost positions are typically not being
                        backfilled. I have no visibility with my
   How do you          current manager now, which will greatly
    preserve tribal     stunt my career growth. There are no plans
    knowledge?          to have a US manager.” Glassdoor.com

   What will
    employees say
    after they leave?



                                                                     64
The Payoff


Cogenerate
more inspiration,
productivity,
satisfaction and
engagement
in the workplace.

                    65
Your turn
             What other
              challenges are you
              facing working with
              Millennials?
             How is Paradise
              Foods capitalizing
              on the power of the
              new
              Cogenerational
              Workplace?
                                    66
www.fusethebook.com




                      67
Thank you!
Jim Finkelstein
Jim@futuresense.com
415-453-1514 office
415-302-5805 cell




 www.futuresense.com   www.fusethebook.com


                                             68

More Related Content

What's hot

Four Generations One Workplace: Sharing in the information age
Four Generations One Workplace: Sharing in the information ageFour Generations One Workplace: Sharing in the information age
Four Generations One Workplace: Sharing in the information ageRecruitment Innovation Summit
 
techMAP Story (web)
techMAP Story (web)techMAP Story (web)
techMAP Story (web)techMAP
 
Introduction To Weconomics
Introduction To WeconomicsIntroduction To Weconomics
Introduction To WeconomicsFrank
 
A Look at How We Reward the Work of Today - and Tomorrow
A Look at How We Reward the Work of Today - and TomorrowA Look at How We Reward the Work of Today - and Tomorrow
A Look at How We Reward the Work of Today - and TomorrowJ. Kim Scholes
 
Team performance leadership training
Team performance leadership trainingTeam performance leadership training
Team performance leadership trainingBrett Jones
 
Riding the creative rollercoaster: How leaders can evoke greater levels of cr...
Riding the creative rollercoaster: How leaders can evoke greater levels of cr...Riding the creative rollercoaster: How leaders can evoke greater levels of cr...
Riding the creative rollercoaster: How leaders can evoke greater levels of cr...B2B Marketing
 
BetaCodex06 - Presenting the BetaCodex: 12 Principles for the 21st Century Or...
BetaCodex06 - Presenting the BetaCodex: 12 Principles for the 21st Century Or...BetaCodex06 - Presenting the BetaCodex: 12 Principles for the 21st Century Or...
BetaCodex06 - Presenting the BetaCodex: 12 Principles for the 21st Century Or...Gebhard Borck
 
Bye-bye Management! Why management is dispensable & how leadership for high p...
Bye-bye Management! Why management is dispensable & how leadership for high p...Bye-bye Management! Why management is dispensable & how leadership for high p...
Bye-bye Management! Why management is dispensable & how leadership for high p...Niels Pflaeging
 
The Currency of Empathy — The Missing Link to Innovation and Inclusion
The Currency of Empathy — The Missing Link to Innovation and InclusionThe Currency of Empathy — The Missing Link to Innovation and Inclusion
The Currency of Empathy — The Missing Link to Innovation and InclusionCleveland-Marshall College of Law
 

What's hot (12)

Four Generations One Workplace: Sharing in the information age
Four Generations One Workplace: Sharing in the information ageFour Generations One Workplace: Sharing in the information age
Four Generations One Workplace: Sharing in the information age
 
Slides David Cooperrider Pre-Conference #2012WAIC (part 2)
Slides David Cooperrider Pre-Conference #2012WAIC (part 2)Slides David Cooperrider Pre-Conference #2012WAIC (part 2)
Slides David Cooperrider Pre-Conference #2012WAIC (part 2)
 
Microsoft
MicrosoftMicrosoft
Microsoft
 
techMAP Story (web)
techMAP Story (web)techMAP Story (web)
techMAP Story (web)
 
Introduction To Weconomics
Introduction To WeconomicsIntroduction To Weconomics
Introduction To Weconomics
 
A Look at How We Reward the Work of Today - and Tomorrow
A Look at How We Reward the Work of Today - and TomorrowA Look at How We Reward the Work of Today - and Tomorrow
A Look at How We Reward the Work of Today - and Tomorrow
 
Team performance leadership training
Team performance leadership trainingTeam performance leadership training
Team performance leadership training
 
Riding the creative rollercoaster: How leaders can evoke greater levels of cr...
Riding the creative rollercoaster: How leaders can evoke greater levels of cr...Riding the creative rollercoaster: How leaders can evoke greater levels of cr...
Riding the creative rollercoaster: How leaders can evoke greater levels of cr...
 
BetaCodex06 - Presenting the BetaCodex: 12 Principles for the 21st Century Or...
BetaCodex06 - Presenting the BetaCodex: 12 Principles for the 21st Century Or...BetaCodex06 - Presenting the BetaCodex: 12 Principles for the 21st Century Or...
BetaCodex06 - Presenting the BetaCodex: 12 Principles for the 21st Century Or...
 
Nourishing social entrepreneurship in China & Europe
Nourishing social entrepreneurship in China & EuropeNourishing social entrepreneurship in China & Europe
Nourishing social entrepreneurship in China & Europe
 
Bye-bye Management! Why management is dispensable & how leadership for high p...
Bye-bye Management! Why management is dispensable & how leadership for high p...Bye-bye Management! Why management is dispensable & how leadership for high p...
Bye-bye Management! Why management is dispensable & how leadership for high p...
 
The Currency of Empathy — The Missing Link to Innovation and Inclusion
The Currency of Empathy — The Missing Link to Innovation and InclusionThe Currency of Empathy — The Missing Link to Innovation and Inclusion
The Currency of Empathy — The Missing Link to Innovation and Inclusion
 

Similar to The Millennials are Coming: Preparing for the Cogenerational Workplace

Generational Differences Presentation
Generational Differences PresentationGenerational Differences Presentation
Generational Differences Presentationshaywood
 
Recruiting 2020: Trends & Challenges
Recruiting 2020: Trends & ChallengesRecruiting 2020: Trends & Challenges
Recruiting 2020: Trends & ChallengesTim A. Ackermann
 
Recognizing the Generations White Paper
Recognizing the Generations White PaperRecognizing the Generations White Paper
Recognizing the Generations White PaperBaudville
 
Global Mindset: MBA Challenge
Global Mindset: MBA ChallengeGlobal Mindset: MBA Challenge
Global Mindset: MBA ChallengeMBA Focus
 
Kelly Services - Understanding Generational Diversity In Workplace
Kelly Services - Understanding Generational Diversity In WorkplaceKelly Services - Understanding Generational Diversity In Workplace
Kelly Services - Understanding Generational Diversity In WorkplaceKylie Perry
 
NABA Symposium - Managing Multiple Generations, Karl Ahlrichs
NABA Symposium - Managing Multiple Generations, Karl AhlrichsNABA Symposium - Managing Multiple Generations, Karl Ahlrichs
NABA Symposium - Managing Multiple Generations, Karl AhlrichsBusiness Learning Institute
 
NABA SRSC - Multiple Generations in the Workplace, Karl Ahlrichs
NABA SRSC - Multiple Generations in the Workplace, Karl Ahlrichs NABA SRSC - Multiple Generations in the Workplace, Karl Ahlrichs
NABA SRSC - Multiple Generations in the Workplace, Karl Ahlrichs Business Learning Institute
 
Social Business - Why Change is Imperative, Who’s Getting It Right, How They...
Social Business - Why Change is Imperative, Who’s Getting It Right,  How They...Social Business - Why Change is Imperative, Who’s Getting It Right,  How They...
Social Business - Why Change is Imperative, Who’s Getting It Right, How They...Sean Moffitt
 
Motivating & Engaging Employees
Motivating & Engaging EmployeesMotivating & Engaging Employees
Motivating & Engaging EmployeesMarion Stone
 
Using Social Media in Learning and Communications
Using Social Media in Learning and CommunicationsUsing Social Media in Learning and Communications
Using Social Media in Learning and CommunicationsDarren Nerland
 
Maximizing Millennials in the Workplace
Maximizing Millennials in the WorkplaceMaximizing Millennials in the Workplace
Maximizing Millennials in the WorkplaceKip Michael Kelly
 
Building an Iconic Destination That Inspires and Endures
Building an Iconic Destination That Inspires and EnduresBuilding an Iconic Destination That Inspires and Endures
Building an Iconic Destination That Inspires and EnduresAnna Pollock
 
Smoking Gun's Millennial Mindset workshop
Smoking Gun's Millennial Mindset workshopSmoking Gun's Millennial Mindset workshop
Smoking Gun's Millennial Mindset workshopSmoking Gun PR
 
Managing Generations in the Workplace
Managing Generations in the WorkplaceManaging Generations in the Workplace
Managing Generations in the WorkplaceJamie Notter
 
Understanding Generational Diff. 1
Understanding Generational Diff. 1Understanding Generational Diff. 1
Understanding Generational Diff. 1Asherman
 
Mixing The Generations
Mixing The GenerationsMixing The Generations
Mixing The Generationsvtsiri
 
Work With Me
Work With MeWork With Me
Work With Me4Good.org
 

Similar to The Millennials are Coming: Preparing for the Cogenerational Workplace (20)

Generational Differences Presentation
Generational Differences PresentationGenerational Differences Presentation
Generational Differences Presentation
 
Recruiting 2020: Trends & Challenges
Recruiting 2020: Trends & ChallengesRecruiting 2020: Trends & Challenges
Recruiting 2020: Trends & Challenges
 
Recognizing the Generations White Paper
Recognizing the Generations White PaperRecognizing the Generations White Paper
Recognizing the Generations White Paper
 
Global Mindset: MBA Challenge
Global Mindset: MBA ChallengeGlobal Mindset: MBA Challenge
Global Mindset: MBA Challenge
 
Kelly Services - Understanding Generational Diversity In Workplace
Kelly Services - Understanding Generational Diversity In WorkplaceKelly Services - Understanding Generational Diversity In Workplace
Kelly Services - Understanding Generational Diversity In Workplace
 
NABA Symposium - Managing Multiple Generations, Karl Ahlrichs
NABA Symposium - Managing Multiple Generations, Karl AhlrichsNABA Symposium - Managing Multiple Generations, Karl Ahlrichs
NABA Symposium - Managing Multiple Generations, Karl Ahlrichs
 
NABA SRSC - Multiple Generations in the Workplace, Karl Ahlrichs
NABA SRSC - Multiple Generations in the Workplace, Karl Ahlrichs NABA SRSC - Multiple Generations in the Workplace, Karl Ahlrichs
NABA SRSC - Multiple Generations in the Workplace, Karl Ahlrichs
 
Social Business - Why Change is Imperative, Who’s Getting It Right, How They...
Social Business - Why Change is Imperative, Who’s Getting It Right,  How They...Social Business - Why Change is Imperative, Who’s Getting It Right,  How They...
Social Business - Why Change is Imperative, Who’s Getting It Right, How They...
 
Generational diversity in the workplace may 2010
Generational diversity in the workplace may 2010Generational diversity in the workplace may 2010
Generational diversity in the workplace may 2010
 
Talent management and retention strategies
Talent management and retention strategiesTalent management and retention strategies
Talent management and retention strategies
 
Motivating & Engaging Employees
Motivating & Engaging EmployeesMotivating & Engaging Employees
Motivating & Engaging Employees
 
Using Social Media in Learning and Communications
Using Social Media in Learning and CommunicationsUsing Social Media in Learning and Communications
Using Social Media in Learning and Communications
 
Maximizing Millennials in the Workplace
Maximizing Millennials in the WorkplaceMaximizing Millennials in the Workplace
Maximizing Millennials in the Workplace
 
Building an Iconic Destination That Inspires and Endures
Building an Iconic Destination That Inspires and EnduresBuilding an Iconic Destination That Inspires and Endures
Building an Iconic Destination That Inspires and Endures
 
Smoking Gun's Millennial Mindset workshop
Smoking Gun's Millennial Mindset workshopSmoking Gun's Millennial Mindset workshop
Smoking Gun's Millennial Mindset workshop
 
Managing Generations in the Workplace
Managing Generations in the WorkplaceManaging Generations in the Workplace
Managing Generations in the Workplace
 
Understanding Generational Diff. 1
Understanding Generational Diff. 1Understanding Generational Diff. 1
Understanding Generational Diff. 1
 
Mixing The Generations
Mixing The GenerationsMixing The Generations
Mixing The Generations
 
Work-Life Balance Is NOT a Perk
Work-Life Balance Is NOT a PerkWork-Life Balance Is NOT a Perk
Work-Life Balance Is NOT a Perk
 
Work With Me
Work With MeWork With Me
Work With Me
 

Recently uploaded

GD Birla and his contribution in management
GD Birla and his contribution in managementGD Birla and his contribution in management
GD Birla and his contribution in managementchhavia330
 
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130  Available With RoomVIP Kolkata Call Girl Howrah 👉 8250192130  Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Roomdivyansh0kumar0
 
Sales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessSales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessAggregage
 
M.C Lodges -- Guest House in Jhang.
M.C Lodges --  Guest House in Jhang.M.C Lodges --  Guest House in Jhang.
M.C Lodges -- Guest House in Jhang.Aaiza Hassan
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...lizamodels9
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear RegressionRavindra Nath Shukla
 
2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis UsageNeil Kimberley
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMANIlamathiKannappan
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...anilsa9823
 
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service PuneVIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service PuneCall girls in Ahmedabad High profile
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Serviceritikaroy0888
 
Vip Female Escorts Noida 9711199171 Greater Noida Escorts Service
Vip Female Escorts Noida 9711199171 Greater Noida Escorts ServiceVip Female Escorts Noida 9711199171 Greater Noida Escorts Service
Vip Female Escorts Noida 9711199171 Greater Noida Escorts Serviceankitnayak356677
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfpollardmorgan
 
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableDipal Arora
 
Non Text Magic Studio Magic Design for Presentations L&P.pptx
Non Text Magic Studio Magic Design for Presentations L&P.pptxNon Text Magic Studio Magic Design for Presentations L&P.pptx
Non Text Magic Studio Magic Design for Presentations L&P.pptxAbhayThakur200703
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...Paul Menig
 
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call GirlsCash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call GirlsApsara Of India
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Dave Litwiller
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst SummitHolger Mueller
 

Recently uploaded (20)

GD Birla and his contribution in management
GD Birla and his contribution in managementGD Birla and his contribution in management
GD Birla and his contribution in management
 
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130  Available With RoomVIP Kolkata Call Girl Howrah 👉 8250192130  Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
 
Forklift Operations: Safety through Cartoons
Forklift Operations: Safety through CartoonsForklift Operations: Safety through Cartoons
Forklift Operations: Safety through Cartoons
 
Sales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessSales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for Success
 
M.C Lodges -- Guest House in Jhang.
M.C Lodges --  Guest House in Jhang.M.C Lodges --  Guest House in Jhang.
M.C Lodges -- Guest House in Jhang.
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear Regression
 
2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMAN
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
 
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service PuneVIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Service
 
Vip Female Escorts Noida 9711199171 Greater Noida Escorts Service
Vip Female Escorts Noida 9711199171 Greater Noida Escorts ServiceVip Female Escorts Noida 9711199171 Greater Noida Escorts Service
Vip Female Escorts Noida 9711199171 Greater Noida Escorts Service
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
 
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
 
Non Text Magic Studio Magic Design for Presentations L&P.pptx
Non Text Magic Studio Magic Design for Presentations L&P.pptxNon Text Magic Studio Magic Design for Presentations L&P.pptx
Non Text Magic Studio Magic Design for Presentations L&P.pptx
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...
 
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call GirlsCash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst Summit
 

The Millennials are Coming: Preparing for the Cogenerational Workplace

  • 1. PRESENTATION TO PARADISE FOODS MANAGEMENT GROUP December 7, 2011 Jim Finkelstein President and CEO FutureSense, Inc. www.fusethebook.com www.futuresense.com 1
  • 2.
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8. You have exactly 1586 cows and calves!
  • 9.
  • 10.
  • 11. 1. You showed up here even though nobody called you… 2. You want to get paid for an answer I already knew… 3. To a question I never asked… 4. And, you don’t know anything about my business!
  • 12.
  • 13. 13
  • 14. 14
  • 15. A Millennial in Boomer Clothing  Entrepreneur and Business Owner, FutureSense, Inc.  Partner – Arthur Andersen  CEO of wholly owned subsidiary of publicly traded company - Willis Corroon  Corporate executive, Pepsi- Cola, American Can, Emery Air  Investor, LinkedIn and RockTech  Domain expert, Callidus Software  Former Board member, Enwisen  Board member, numerous non- profits for 35 years  Author and movie and record executive producer  Soccer referee and former coach  Husband and dad 15
  • 16. 16
  • 17. 17
  • 18. 18
  • 20. www.spiraldynamics.net Value Systems Basic Description Cultural Manifestations Turquoise Holistic/Whole View Collective individualism, cosmic spirituality Yellow Integrative/Ecological Natural systems, knowledge-based Green Consensus/Bonding Egalitarian, humanistic, authentic, caring sharing Orange Strategic/Autonomy Materialism, consumerism, success, image, status, growth Blue Authority/Rules Meaning, discipline, traditions, morality Red Egocentric/Conquest Dominance & control Purple Mythical/Tribal Rites, rituals, taboos, superstitions, folk ways & lore Beige Instinctive Basic survival 20
  • 21. Cultural DNA Crosses All Demographics… Gender Age Ethnicity Income Political Orientation Gender Age Ethnicity Income Political Orientation Gender Age Ethnicity Income Political Orientation Gender Age Ethnicity Income Political Orientation Gender Age Ethnicity Income Political Orientation Gender Age Ethnicity Income Political 21
  • 22. 22
  • 24. Multi-Generational View of Millennials • Generation Y • iGeneration • Digital Natives • Generation Why • Generation Whiner • ADHD Generation • Adultolescents 24
  • 25. Multi-Generational View of Boomers  Generation Me  Hippies  Love Generation  Self-absorbed Generation  Largest and richest generation “As a group, Boomers are self- conscious, reflective and judgmental. We  Pig in the Python are the „me‟ generation. You are the „why?‟ Generation generations.” -- G.L. Hoffman, CEO and Chairman of JobDig 25
  • 26. •Individualistic •Family Centric •Work Centric •Easily Adapts to •Tech Savvy •Independent Technology •Achievement •Goal Oriented •Flexible Oriented •Competitive •Values Work/Life •Team Oriented Balance •Attention Craving 26
  • 28. 28
  • 29. Impact: United Voting Block Needs Wants Values Characteristics Millennials Jobs Flexible work Work/life balance Boomeranging environment and survival back in with Mom and Dad GenXers Jobs To get back on Work/life balance Boomeranging the upward and money back in with ladder friends and family Boomers Jobs To retire (for a Work/life balance Boomeranging while - tired) and money back in with kids? Seniors Jobs To re-retire (not Work/life balance Taking them all in enough money) and money at the retirement community 29
  • 30. Impact: War of the Generations  Gridlock  Not enough jobs to go around  Underemployed  New job search tools  Interview competition 30
  • 31. Impact: Boomerang Effect  Multi-generational households grew by 2.6M between 2007 and 2008 (Pew Research)  40% of 2008 graduates and 42% of 2006 graduates live with their parents 31
  • 32. 32
  • 33. Implications For Millennials  Managing Mom and Dad  Accepting Feedback  Appropriate Communication  Multiple Bosses 33
  • 34. Implications for Boomers  Become Tech Savvy  Embrace Benefits of Social Media  Let go of Stereotypes 34
  • 35. Implications: For Employers  Buyers Market  High Cost of Millennial Turnover  Multi-channel Communication  Build Strong Employer Brands  Personalize Benefit Choices  Reexamine your People Practices 35
  • 36. Why it Matters: Engagement Low Engagement  Operating income declined 32.7% (Towers Watson)  62% more accidents with scores in lower quartile. (Gallup) High Engagement  More productive, profitable, safer, healthier, and 87% less likely to leave their employer. (Corporate Leadership Council & Fleming & Apslund)  19.2% improvement in operating income (Towers Watson)  EPS growth rate of 89 organizations with engagement scores in the top quartile was 2.6 times that of organizations with below average scores. (Gallup) 36
  • 37. Your People Practices: Dealing with Millennials! 37
  • 38.
  • 39. Employee Lifecycle Touch Points  6 Phases  2 Overarching  Attracting Constructs  Acclimating  Social Networking  Retaining  Employee  Inspiring Engagement  Fulfilling  Transitioning  11 Segments – What about those Millennials? 39
  • 40. Attracting  Demand Creation  Don’t be an ostrich.  What’s the social media Monitor buzz about your Glassdoor.com, emp organization? loyeedirt.com  Does your website wow?  Entice me and let me  Does anyone manage interact your employer brand?  Pictures compel, so  What’s your does a higher organization’s higher purpose purpose?  Product brands aren’t enough – what’s the employee brand 40
  • 41. 41
  • 42. 42
  • 43. 43
  • 44. 44
  • 45. Attracting (Cont.)  Recruiting  Need to be everywhere  Where will – Monster, Twitter, Millennials find you? Facebook, LinkedIn, etc  Connect them to great  Are you masterminding first coworkers, introduce impressions? benefits early in the hiring process  How fast can you hire?  Rework your processes 1 week is ideal  Do your want ads lie?  Match ad to job description, align interviewers and ensure the work experience is as promised 45
  • 46. Attracting (Cont.) Be Impressive  First line of the job posting has to convey the organization’s purpose  Fast, easy job search functionality  Position match notification  Video to tell your company story  No “motherhood and apple pie” values  Corporate social responsibility counts 46
  • 47. Acclimating  Onboarding  Manager hosts and  Do you delight on day makes introductions one?  Map out the  What has to happen experience employees in the first 100 days? have in their first 100 days  How does a new hire  Have your CEO teach get smart about your brand and culture? the culture and company story  Is it time to lose your  Get tech tools in their old school social media access hands day one policies? 47
  • 48. Acclimating (Cont): Millennial Work Wish List  Findings from Cisco Connected World Technology Report  Accommodates social media  Gives device freedom  Supports remote working to accommodate their lifestyle  Allows flexibility to explore and innovate  1 in 3 college students would prioritize social media & flexibility over salary when accepting a job  More than half of young professionals would rather lose their wallet before losing their Smartphone  2 in 5 young employees would accept a lower-paying job for more social media flexibility & work mobility 48
  • 49. Acclimating (Cont)  Supervision  Assess the attitudes of your people managers  Are managers  Institute reverse harboring mentoring between generational bias? millennials and boomers  Make sure managers use  What can you a mix of the latest learn from your communication Millennials? channels- blogs, video, etc to get their message  Do your managers heard…more pictures, stay connected less words – be human and authentic and get their message heard? 49
  • 50. Acclimating: Blogs Extol Reverse Mentoring  Cisco Blog The  Jack Welch ordered GE’s top 600 Results: How Reverse managers to reach down into Mentoring Can their ranks for Internet junkies Enhance Diversity and and become their students. Source: Forbes Inclusion  Laura Earle October 11, 2011 at 7:59 am PST  Blog Reverse Mentoring is All About Screwing in the Lightbulb before Flipping Benefits the Switch  Shared Learning May 12, 2010  Honesty/Respect  Shala Byers is the creator of Booz Allen‟s Reverse  Relationship Mentoring Program for 20,000 employees  Continuation  Reverse Mentoring led to :  Brainstorming Sessions  Enhanced Client Offerings 50
  • 51. Acclimating: Advice From Cisco Top 5 Areas to Mentor  1.) Communication and style  2.) Cultural knowledge  3.) How to be a better leader  4.) Relationship with team  5.) Change management  Other topics: work-life balance, how to juggle a family and a career and how a senior woman is perceived in a circle of senior men 51
  • 52. Acclimating: Get with the Program!  “The future of business is social.“We have to stop thinking about our companies as a corporate ladder. It doesn’t resonate with me, it doesn’t resonate with my peers. If we want to be an organization that really embraces change and adopts and is innovative, we need to think faster, smarter, social.” Alexa Scordato Community manager at 2tor, an education technology startup 52
  • 53. Retaining  Compensation and  Bring people in at Benefits the right salary  Do you pay for  Let employees performance, potent choose benefits ial, both? that fit their  How much priorities employee choice is  Be clear about built in to your your comp benefits? philosophy – and  How do you use why it is base and competitive incentives? 53
  • 54. Retaining (Cont)  Learning and Career  Millennials will Development want to move  How often are people every 18 months moved to different  Tie promotions to jobs? tangibles so the  What does it take to get promoted? process feels  Is training interactive equitable and online?  Offer interactive  Do you do strategic online training as a workforce planning? learning option 54
  • 55. Inspiring  Reward and  Find small ways to shower people with Recognition recognition  Do pennies rain down  Make recognition timely on desks? and personalized  Is recognition having  Look at non-traditional, an impact? free forms of recognition  Variety is the spice of – the ability to choose recognition your next assignment, seeking input on a  Do your managers decision, other ways to deliver? show people they are valued  55
  • 56. Inspiring (cont): Recognition and Organizational Health “Senior management‟s ability to demonstrate genuine interest in employees is the top engagement driver globally.” “Strong manager performance in recognizing employee performance increases engagement by 60%.” Towers Perrin Study Higher engagement levels produced shareholder returns 9.3% higher than the returns for the S&P 500 from 2002-2006
  • 57. Inspiring (Cont). Recognition  Challenging Assignment  Choice of new Assignment  Day off of Work  Consult my Expertise  Request my Input on Decisions  Trust my Intentions  Hear kudos from my Manager, in addition to Team leader 57
  • 58. Inspiring (Cont)  Performance Management  Do you offer 30 day reviews?  Do you have a culture of ongoing feedback?  Do reviews play into promotion decisions? 58
  • 59. Inspiring (Cont) The Feedback Planner 1. Describe Current Behaviors 4. Identify Alternative Behaviors Describe current behaviors that you want to Identify alternative behaviors and actions for reinforce (praise) or redirect (criticism) to you, the employee, and others to take to improve a situation. improve a situation. *Be Specific With Behaviors *Be Encouraging And Offer Ideas *Be Descriptive *Be Creative With Options *Be Brief *Be Part Of The Plan *Be Available And Open *Be Optimistic *Be Patient Box 4 is where problems with undesirable *Be Prompt behavior (being criticized) are creatively *Be Sensitive To Time And Place solved, and benefits with desirable behavior Box 1 of the Feedback Planner provides the (being praised) are reinforced and foundation for a mutually agreed upon and capitalized on. understood perspective of the current behavior.   2. Identify Situations 3. Describe Impacts and Consequences *Be Factual With Examples  *Be Precise And Selective •Box 2 confines the current behavior to a *Be Objective time and place. *Be Supportive Box 3 spurs behavior change – it justifies and sells the need for change.
  • 60. Fulfilling  Social Responsibility  Millennials want to  Need help going make the world a green? better place – give them time to do that  Do you give paid time  Community support is off to volunteer? an ideal avenue to  What causes do you bring Millennials and support through Boomers together formal programs?  What you support  Do you sustain during hard times programs during good speaks volumes times and bad?  Most Millennials want a hand in green initiatives – give them one if you can 60
  • 61. Fulfilling (Cont): Employee Volunteerism Trends  1/3 of US Corporations What is your have some form of organization doing? Employee Volunteer Program (EVP)  Two models:  Employer-initiated  Employee-led,  Most companies have both types.  Community action days are most popular. 61
  • 62. Fulfilling (Cont): Dollars for Doers Company Grant Amounts Adobe Systems $125 for every 10 hours Amgen $500 for every 15 hours Bank of America $250 for 50 hours; $500 for 100 hours Gap $100 for every 10 hours GlaxoSmithKline $500 for at least 50 hours Google $50 for every 5 hours Johnson & Johnson $250 for at least 40 hours Merck $400 for at least 40 hours Microsoft $17 per hour 62 Novartis $250 for at least 40 hours
  • 63. Fulfilling (Cont)  Work/Life Balance  What’s your organization’s philosophy on work/life balance?  Can people flex their schedules?  Do you help people manage stress?  Are managers trained to support work/life balance? 63
  • 64. Transitioning Cisco Systems – “Typical huge company” “Company is losing full time employees  Termination rather quickly. The good employees are leaving to take better offers, and the bad  How do you ones are sticking around. People who left handle force were offered 20% more to work elsewhere. reductions? Lost positions are typically not being backfilled. I have no visibility with my  How do you current manager now, which will greatly preserve tribal stunt my career growth. There are no plans knowledge? to have a US manager.” Glassdoor.com  What will employees say after they leave? 64
  • 66. Your turn  What other challenges are you facing working with Millennials?  How is Paradise Foods capitalizing on the power of the new Cogenerational Workplace? 66
  • 68. Thank you! Jim Finkelstein Jim@futuresense.com 415-453-1514 office 415-302-5805 cell www.futuresense.com www.fusethebook.com 68

Editor's Notes

  1. At an age when many start thinking about retirement, Alan Moore is restarting his football career.Moore, a 61 year-old Vietnam veteran, will kick this fall for Faulkner University, a small Christian school in Montgomery, Ala., 43 years after his initial college career was cut short by Vietnam. When he took the field against Ave Maria on Sept. 10th, Moore was the oldest player ever to take the field for a four-year university.Moore was only able to play his freshman year at Jones County (Miss.) Junior College before heading off to Vietnam for 11 months [in 1968]. Watching a football game in 2009 inspired him to purchase footballs, build goal posts in his daughter's back yard, and practice kicking.
  2. From the 1900s to today, people’s idea of work and life balance has changed. This is reflective in the changes in culture and world history. As we can see by this picture, you have these people born in the turn of the century, working hard, and that’s all they did. Then, the 1950s, with the baby boomers, very distinct roles, mother was at home, father was at work. Father comes home “Honey I’m home! What’s for dinner?” And business was left at the office. As this depiction progresses, we get more life and less work. I bet we all would love to be at 2050! When we look at it, drawn out like this, it is interesting to see how very different these ideals can be, over such a small amount of time. This is what we have in our offices now. We have some traditionalists, who believe in hard work, all work. You have baby boomers trying to keep work and life separate, wanting to continue to work hard, but finding that it is hard to have a fulfilled professional life, and home life at the same time. Sitting right next to that employee, you have another employee from Generation X, pushing for a medium road, a perfect work/life balance. Now, the intern walks in, a Millennial, who is more concerned about life and traveling, and what is in it for them, to be worried about anything else. To all of these people the definition of “work” and “life” are very different. But then again, these definitions will continue to change and take different shapes as new generations emerge and old generations retire.
  3. Physiological NeedsPhysiological needs are those required to sustain life.According to Maslow's theory, if such needs are not satisfied then one's motivation will arise from the quest to satisfy them. Higher needs such as social needs and esteem are not felt until one has met the needs basic to one's bodily functioning.SafetyOnce physiological needs are met, one's attention turns to safety and security in order to be free from the threat of physical and emotional harm. Such needs might be fulfilled by:Living in a safe areaMedical insuranceJob securityFinancial reservesAccording to Maslow's hierarchy, if a person feels that he or she is in harm's way, higher needs will not receive much attention.Social NeedsOnce a person has met the lower level physiological and safety needs, higher level needs become important, the first of which are social needs. Social needs are those related to interaction with other people and may include:EsteemOnce a person feels a sense of "belonging", the need to feel important arises. Esteem needs may be classified as internal or external. Internal esteem needs are those related to self-esteem such as self respect and achievement. External esteem needs are those such as social status and recognition. Some esteem needs are:Maslow later refined his model to include a level between esteem needs and self-actualization: the need for knowledge and aesthetics.Self-ActualizationSelf-actualization is the summit of Maslow's hierarchy of needs. It is the quest of reaching one's full potential as a person. Unlike lower level needs, this need is never fully satisfied; as one grows psychologically there are always new opportunities to continue to grow.Self-actualized people tend to have needs such as:TruthJusticeWisdomMeaningSelf-actualized persons have frequent occurrences of peak experiences, which are energized moments of profound happiness and harmony. According to Maslow, only a small percentage of the population reaches the level of self-actualization.
  4. So …. Understanding is the first task. The media tell us that Boomer managers, who have shaped the workplace and the workforce in their own image, just don’t understand what makes iGens tick. This lack of understanding can have a very poor outcome for both groups. キiGen attributes are neither right nor wrong, even when measured against Boomer expectations: They are just different. キBoomers love to tell tales of the iGens’ narcissism and entitlement, because it makes the Boomers look so good by comparison. キThis is a mandate, not a desire: Organizations, managed largely by Baby Boomers, must have iGen workers, as 64 million skilled Boomers will retire by the end of the decade.Remember Spiral Dynamics – Underlying characteristics span generations.
  5. We see that each generation has specific strong suites. Baby boomers can mentor and assist with creating a goal oriented mind set, working towards a common goal. Generation Xrs can mentor the other two in balance work and life, and build a technology bridge between the tech savvy Millennials and the print and paperwork savvy baby boomers. The Millennials can assist in team building and spearheading social media projects. If we align and support these values and personalities, we can make it work.
  6. The RECESSIONMoney needs to last longer80 million millennialsSPIRITUAL,Intellectual AND PHYSICAL stimulationSocial media
  7. Now Millennials, they are family centric, they want that same work life balance, more emphasis on life. They work to live, they do just enough to make them happy. They want attention for their accomplishments, but they are also team players. Although people reach certain ideas in a different way, or they have different ethics and personality traits, the differences in the generations are not as colossal as they might seem. Especially basic needs.No matter the age/generation, we are all working for the same thing: money, personal gain, success.
  8. disengaged workforce, stressed out workforce, bummed out workforce -- costs! Site statistics from InfoTool presentation
  9. Follow your company on these sites and listen to the feedback. Work with your HR and PR team to respond appropriately. Staying silent or dismissing the disgruntled in an ostrich move. Want to share a few site to show you examples of strategic organizational branding.
  10. Plantronics….Product brand is Sound Innovation Employer Brand is Sound Choice. This page lets you hear employees tell you all about what makes Plantronics a great place to work.They could use an update to include a few more millennial faces but they are on the right track.
  11. The Army is masterful. Engaging, higher purpose, strong use of video. The home page has 7 scenarios…see the yellow oval…you can pick which one you relate to most as they rotate through. They are very YOU centric. Is your site written as though you are having a conversation with a friend? Tone of voice speaks volumes about the organization’s culture and gives clues about the work environment.
  12. On to a gamer company…Zynga – here’s the home page that shows off their games. Very visually energetic and engaging. Now let’s look at their careers page….
  13. Preserves the sense of fun visually. Consistent brand message….our work is playThis should wow a millennial but what if they want to attract Boomers? How can they strike a balance.And its not just about looks…. The best sites do several other important things which I will talk about when we get to recruiting.
  14. Enlist a savvy Millennial to run your social media recruiting efforts or at least collaborate with the person who runs them People stay in jobs because of their coworkers. Get those relationships started early. Introduce Millennials to your shining star performers so they get good role models.First impressions – Genentech has an intranet site where you can take a guided benefits tour. It’s password protected but available to candidates and their significant others….mom and dad will no doubt want to help their Millennials assess the benefit package.
  15. Onboarding Wow! Build an onboarding process and interactive website that includes activities and checklists. Design it to engage managers in making sure their new hires meet the right people, get the right education, have formalized opportunities for feedback, and shorten their learning curve about the company and the job. Put your policy manuals online and make them interactive to help employees review and learn the “rules” Don’t overlook the need to set the tone about culture and to teach employees how to deliver on your brand promise. The most successful companies teach those lessons early and communicate them from the top, reinforcing them at all levelsTech tools are a must. Share your policy about use and be open to rethinking access to social media sites. Millennials will use them to get the job done and will replace water cooler chat time with online chat time.
  16. Refer back to the word association exercise for Millennials and Boomers or do the exercise here if you haven’t already
  17. What sessions evolved into is what made the pilot even more interesting than we could have ever imagined:Brainstorming Sessions:  We found out that senior leadership in the firm is often so focused on their market or area of expertise that they seldom get a chance to sit around the table with their peers to brainstorm.   They benefited as much from hearing from their mentors as they did from speaking with one another. Client Offerings: Opportunity for junior staff to showcase client capabilities they were developing as a way to add value to their existing projects.  It afforded our leadership a time and place to sit and connect the dots regarding how they could harness these tools for existing and future issues.
  18. Jim- This has an inclusion and diversity slant but I think these 5 areas are pretty universal.1)  Communication and style was the most popular area this year. Some mentors looked at how their mentee communicates with his/her team and how inclusive their behaviour is. We had quite a few mentors sit in their exec’s team meetings and analyse them from an Inclusion and Diversity perspective. Some mentors reached out to their mentee’s teams and got feedback on how they communicate and areas for improvement which they fed back to their mentee.2.)   Cultural knowledge – Quite a few people “tested” their executive about how well they knew their team, particularly in terms of their different cultures and languages, and encouraged this as an avenue for an exec to connect to and collaborate with his/her teams but also for team members to do the same with one another and also a channel for the team to connect with their customers.3.)   How to be a better leader? This was a very popular theme for this year – what makes a great leader? What does success look like? Where Cisco Services is heading and what is the role of that Executive on that journey?4.)   Relationship with Team – Many mentors looked at how their mentee could use Inclusion and Diversity to a) connect to their team, particularly those that are remote, and b) to encourage their teams to participate in meetings and discussions. Other mentors looked at how their Exec could encourage their teams to practice inclusive work habits to build relationships with their team members and relevant stakeholders.5.)   Change Management – Cisco has been through a huge amount of change in the past couple of months and this was a popular discussion topic for mentors and mentees. Some mentees were managing a new team and wanted help with connecting with that team; some mentees were managing teams that had been personally affected by the workforce reductions; some wanted to refresh how they engage with their team from a fresh perspective.Other topics included work-life balance, how to juggle a family and a career and how a senior woman is perceived in a circle of senior men.
  19. Time off, flextime, pro bono work, networking opportunities, and concert tickets are all great motivators.Paying attention to recognition has a huge payoff.
  20. There is a true risk of doing too little and an opportunity to do a lot – over time Based on my experience, employees want the full mealWon’t be content with appetizers or a light lunchIt’s about including all the nutrients to make your organization strong and healthy so your people can achieveTowers Perrin has done a couple of very relevant studies – their 2007-8 Global workforce study of 90,000 employees across 18 countries and a smaller review of 3 years of data for 40 global companies. The quotes here are some of their key findings that were very relevant. So, in order to scale your organization and drive the level of performance you need for success, you need to feed your people a full meal. Let me be specific about the ingredients when it comes to recognition…its’ not what you might think.
  21. Take a minute to read this list. You’ll see that many things on it are part of day-to-day opportunities that managers have with their people.
  22. Give Millennials feedback early and oftenGive guidance, not directivesCoach so that high expectations can become high enthusiasmIt’s hard for Millennials to take criticism so use praise and soften choose your words carefullyDon’t be surprised if Millennials are not open to feedback – they may just view it as one person’s opinionMillennials want to climb the career ladder and they are impatient – keep them moving or they will move on. Up is not the only way
  23. Community action days are sometimes referred to as “moments of service”, as they are short-term activities. Employer-initiated programs can also take the form of large-scale volunteering focused around a specific goal or issue. Many companies create mentoring or tutoring programs for their employees to participate in.Skills-based and pro bono volunteering can also be part of a company-planned initiative if the company takes the lead on partnering with an organization to conduct the program or designing a program in-house and then recruiting employees to participate.
  24. Millennials view work as secondary to life- they think Boomers are workaholics – understand this perspective as it will make a real differenceBoomers want balance too- it is a universal win if you organization does this well. Supporting balance goes a long way to motivate commitment during peak times in your business cycle. Millennials are big multi-taskers and will Tweet and Facebook in between doing real workBe clear about your policies, be open to new practices Help employees know the company resources that can help them manage stress – don’t be surprised if they openly disclose personal things you wouldn’t expect them to share – that’s the impact of FacebookTeach your manager to define the parameters for attaining work/life balance to be sure customers come firstThe most committed companies measure how well leaders support work life balance as part of their employee surveys.
  25. Don’t let people leave without doing some cross training or recording key practices/processesDo a knowledge transfer session so you don’t lose valuable informationKnow that your company reputation can be broken by social media posts post hireMonitor glassdoor.com and other complaint sites to manage your company reputationEncourage employees not to burn bridges – never a good idea