bridging the generational gap in the veterinary workplace - nwvma 2016

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Change, the More They Stay the Same Generational Differences in Veterinary Medicine Mike Pownall, DVM, MBA www.slideshare.net/mpownall

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Page 1: Bridging the Generational Gap in the Veterinary Workplace - NWVMA 2016

The More Things Change, the More They

Stay the Same Generational Differences

in Veterinary Medicine

Mike Pownall, DVM, MBAwww.slideshare.net/mpownall

Page 2: Bridging the Generational Gap in the Veterinary Workplace - NWVMA 2016

• 32 Staff• 94% Female• 50% Millennials

Page 3: Bridging the Generational Gap in the Veterinary Workplace - NWVMA 2016

“The children now love luxury. They have bad manners, contempt for authority; they show disrespect for elders and love chatter in place of exercise.” Socrates

Page 4: Bridging the Generational Gap in the Veterinary Workplace - NWVMA 2016
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What is in a business?

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• Creates recurring value in exchange for revenue

• Organized mixture of people of different ages and personalities within and outside the company

People are our biggest asset & expense!!!!!

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Our Biggest Challenges?

COMMUNICATION

MOTIVATION

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Traditionalists

• 1925-1945Boomers• 1946-1964

Gen X• 1965-1982

Millennials• 1982-2004

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Experiences Influence Us

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Tuition & Debt Costs

in 2015 Dollars1980 2015

Tuition - $10,500Min Wage - $8.50

Annual Debt – ($2,000)

6 yrs Debt – ($12,000)

$32,400 (640%)$7.25 (-14%)

-$25,155-$151,000 (1258%)

www.trends.collegeboard.comwww.dol.gov

Page 15: Bridging the Generational Gap in the Veterinary Workplace - NWVMA 2016

Starting Salaries in 2015 Dollars

1980 2015$53,782 $67,000 (24%)

https://vet.osu.edu/assets/pdf/education/clubsOrgs/vbma/invitingElephant/invitingTheElephant.pdf

https://www.avma.org/news/javmanews/pages/150615a.aspx

Cost of tuition increased by 1258%

Salaries increased by 24%

Page 16: Bridging the Generational Gap in the Veterinary Workplace - NWVMA 2016

Quiz Time• Which cohort is the most competitive?• Which cohort values career

opportunities the most?• Which cohort thinks it is appropriate

to do what they are told to do?• Which cohort values feedback the

most?• Millennials is the answer for all• Economist.com

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“There is no way that the quality of customer service can exceed the quality of the people who provide it”Liz Tahir. Retail Consultant

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4 Steps to HR Success

1. Hiring2. Training3. Reviewing4. Compensating

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Hire the smileTrain the skill

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Values & Vision

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Company Culture

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Active Management

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Consistency

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Explain Expectati

ons

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TrainingHire the Smile

Train the Skill

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TrainingHire the Smile

Train the Skill

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Employee Reviews• 360 degree• Formal discussion regarding

performance• Basis for goal setting for entire year• Provide expectations and guidelines for

desired behaviours• Tie personal behaviour to Culture,

Strategy, Vision• Provide guidance for wage increases

and bonus calculations

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Tracking Performance

• Check-in meetings held at least monthly

• Managers keep track of what was discussed

• “Performance Log” + Gold Star tracking introduced

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Difficult Conversatio

ns

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Difficult Conversations

• Set expectations• 24 hour rule• Vent up• Don’t triangulate• People deal with it directly

first• Then meeting with all

involved

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Things you should know about giving critical/difficult feedback to

me• Setting – Where I prefer to receive it:• Timing – When I prefer to receive it:• If you want to give me critical/difficult

feedback make sure you:• You can “trigger” my hot button by:• I will probably react by:

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Keeping StaffMoney isn’t everything

What else does your staff value?

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“There is nothing wrong with today’s youth that 20

years won’t cure”

Anonymous

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Job Hunting• 92% were looking for another job• “My main goals are to be

satisfied with my job and to make sure I earn the highest possible level of compensation. If I find a better place in terms of these aspects, then there is no harm in changing jobs.”

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Factors to Retain Staff

• Support from senior mgmt• Training• Influence without authority• Mentoring

MITSloan.com

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Motivation

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MotivationAutonomyMasteryPurpose

Drive – Dan Pink

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”Young people need models, not critics”

John Wooden

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Work Attitudes• “No one else at my company can do the work while I’m

away.”• “I want to show complete dedication to my company and job.”• “I don’t want others to think I am replaceable.”• “I feel guilty for using my paid time off.”

43% of “Work Martyrs” are Millennials59% of Millennials feel shame at taking time off

https://hbr.org/2016/08/millennials-are-actually-workaholics-according-to-research

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Bringing it Home• Don’t dwell on differences• Consider life stages• Hire well• Build collaborative relationships• Study workforce motivation• Foster cross generational

mentoring

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Questions?

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Keep In Touch

[email protected]

www.oculusinsights.net

www.slideshare.net/mpownall