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Millenial Misconceptions: How To Work Successfully With Generation Y Karen McRitchie, Grinnell Colleg

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Page 1: Millenial Misconceptions: How To Work Successfully With Generation Y Karen McRitchie, Grinnell College

Millenial Misconceptions:How To Work Successfully With Generation Y 

Karen McRitchie, Grinnell College

Page 2: Millenial Misconceptions: How To Work Successfully With Generation Y Karen McRitchie, Grinnell College

Iowhere? Approximately 1500 students Private, liberal arts college

Grinnell College—Little School on the Prairie

Page 3: Millenial Misconceptions: How To Work Successfully With Generation Y Karen McRitchie, Grinnell College

Globally concerned Integrated Realistic, pragmatic Cyber-literate Media savvy Environmentally conscious Diverse Always Connected Multi-Tasking Resourceful Inquisitive Customize Independent and Interdependent

Generation Y—who are they?

Page 4: Millenial Misconceptions: How To Work Successfully With Generation Y Karen McRitchie, Grinnell College

WW II Boomers Gen X Gen Y

Ozzie & Harriet

Father Knows Best

Bing Crosby

The Movies

Marvel Comics

Grateful Dead

Rock & Roll

3’s Company

Mad Magazine

Sesame Street

Friends

Heavy Metal

Beavis & Butthead

Computer Games

iTunes

Netflix

Entertainment

Page 5: Millenial Misconceptions: How To Work Successfully With Generation Y Karen McRitchie, Grinnell College

WW II Boomers Gen X Gen Y

WW II

Korean Conflict

New Deal

Great Depression

Rural Life

Extended Families

Respect Authority

Duty Before Pleasure

JFK Assassination

Civil Rights Movement

Economic Expansion

Move to Suburbia

Nuclear Families

Fallout Shelters

Buy Now—Pay Later

Personal Fulfillment

Watergate

Social Chaos

Vietnam

AIDS

Downsizing

Divorced Families

Latchkey Kids

Work to Live

Oklahoma Bombing

9/11

Terrorism

Diversity Issues

Economic Expansion

Online Communities

Earn to Spend

Historical Perspective

Page 6: Millenial Misconceptions: How To Work Successfully With Generation Y Karen McRitchie, Grinnell College

WW II Boomers Gen X Gen Y

Golden Age of Radio

78 RPM Records

Operators-Party Lines

ENIAC

TV

FM Stereo

Mainframes

BASIC/DTSS

LP Records

8-track tapes

Video Games

Lunar Landing

ARPANET

UNIX

E-mail

Ethernet

Apple/Microsoft

CDs

The Web

Space Shuttle

Internet

MP3

DVD

Windows/Macintosh

Mobile Devices

IM, Blogs

Technology

Page 7: Millenial Misconceptions: How To Work Successfully With Generation Y Karen McRitchie, Grinnell College

7

By Age 21, The Average Gen Yer Will Have Spent… 20,000 hours watching

TV 10,000 hours on a cell

phone Under 5,000 hours

reading printed books Sent/received 200,000 E-

mails 10,000 hours playing

video games– Prensky, 2003

Page 8: Millenial Misconceptions: How To Work Successfully With Generation Y Karen McRitchie, Grinnell College

“Generation Y is like Generation X on-fast-forward-with-self-esteem-on-steroids”

Bruce Tulgan, Not Everyone Gets A Trophy

Page 9: Millenial Misconceptions: How To Work Successfully With Generation Y Karen McRitchie, Grinnell College

Gen Y is the most over supervised generation ever.

They were guided, directed, supported, coached and protected.

They were nurtured, scheduled, measured, discussed, diagnosed, medicated, programmed, accommodated, included, validated, awarded and rewarded.

They have excellent self-esteem

Influential Parents

Page 10: Millenial Misconceptions: How To Work Successfully With Generation Y Karen McRitchie, Grinnell College

This is the most diverse generation in history:

Ethnic heritage Geography Ability/disability Age Language Lifestyle Sexual orientation Color Size/Shape Religion

Diverse

Page 11: Millenial Misconceptions: How To Work Successfully With Generation Y Karen McRitchie, Grinnell College

Transactional employment relationships High expectations for themselves AND

for the employers Highest expectations for their

immediate bosses Disagree openly, challenge employment

conditions

Gen Y @ Work

Tell me about your Gen Y impressions?

Page 12: Millenial Misconceptions: How To Work Successfully With Generation Y Karen McRitchie, Grinnell College

They can be very loyal

It is not a blind loyalty or hierarchical

Transactional loyalty with customers/clients

“There is no loyalty.”

Page 13: Millenial Misconceptions: How To Work Successfully With Generation Y Karen McRitchie, Grinnell College

Eager to prove themselves

They need to know that they are making a difference

They want to have credit for the work they are doing

Not interested in long term promises of rewards in a distant future

“They won’t do the grunt work.”

Page 14: Millenial Misconceptions: How To Work Successfully With Generation Y Karen McRitchie, Grinnell College

They have a different knowledge base They walk in the door with more

information in their heads and more available at their fingertips than anyone has ever had.

They think, learn and communicate in sync with today’s environment.

“They think they know everything.”

Page 15: Millenial Misconceptions: How To Work Successfully With Generation Y Karen McRitchie, Grinnell College

Hit the ground running Identify things no one

else has identified Solve problems no one

has solved Invent new processes,

things Make existing processes

and things better

“They want the top job on day 1”

Page 16: Millenial Misconceptions: How To Work Successfully With Generation Y Karen McRitchie, Grinnell College

They want work to be engaging They want to learn, be challenged, and

to understand how their work relates to the vision or goal.

They want to work with good people They want some flexibility Unhappy people are unproductive.

In a Gallop survey, 2002, only 25% of employees surveyed felt they had a strong job commitment.

“They think work should be fun.”

Page 17: Millenial Misconceptions: How To Work Successfully With Generation Y Karen McRitchie, Grinnell College

They want their managers to be aware of who they are and what they are doing.

They have always been social, working in groups throughout school, collaborating across the globe using technology.

They want to spend time with people who can teach them how to do their work very well and fast.

“They want to be left alone.”

Page 18: Millenial Misconceptions: How To Work Successfully With Generation Y Karen McRitchie, Grinnell College

Their paths may be more erratic and eclectic, but they still want to be progressive.

Self-actualizing path made up of various learning opportunities and work relationships

“Instead of climbing the corporate ladder, they are making a tapestry.”

--Bruce Tulgan, Not Everyone Gets A Trophy

“They don’t care about their career.”

Page 19: Millenial Misconceptions: How To Work Successfully With Generation Y Karen McRitchie, Grinnell College

Of course money and traditional benefits matter, AND they want the best deal they can get.

Money is not the main factor in a job decision as other benefits rank higher.

Work to live, not live to work.

Money allows them to live.

“Money doesn’t matter.”

Page 20: Millenial Misconceptions: How To Work Successfully With Generation Y Karen McRitchie, Grinnell College

Their closest relationship has usually been with a parent or grandparent.

Their parents, teachers, counselors have always treated them with respect so they feel they deserve respect from their colleagues and managers.

“They don’t respect their elders.”

Page 21: Millenial Misconceptions: How To Work Successfully With Generation Y Karen McRitchie, Grinnell College

They have work ethic, it is just not the same as your work ethic.

Some things need to be taught, don’t assume they know something because their parents should have taught them.

“They have no work ethic.”

Page 22: Millenial Misconceptions: How To Work Successfully With Generation Y Karen McRitchie, Grinnell College

Get them on board fast with the right message. Give them the gift of context—how do they fit into the

big picture? Get them to care about great customer service Teach them self-management skills and how to be

managed Get to know each one and their abilities establishing coaching/teaching relationships provide ample learning opportunities customize schedules and work assignments consistent feedback, lots of praise, recognition tie rewards/incentives to performance Build the next generation of leaders.

Strategies for Managing Gen Y

Page 23: Millenial Misconceptions: How To Work Successfully With Generation Y Karen McRitchie, Grinnell College

You may have much less experience than your staff, so don’t be insulted by that, use it.

Be credible—do what you say you will do, when you said you will do it!

Discover the individuality in each team member

Working style rewards learning goals

Find a mentor

Advice for Gen-Y Managers

Page 24: Millenial Misconceptions: How To Work Successfully With Generation Y Karen McRitchie, Grinnell College

“They have a lot to offer. They are confident, connected, optimistic,

entrepreneurial, tech savvy, and they see the world as truly global. These

are the qualities that organizations will need to be successful.”

--Deloitte, LLP (2009)

Page 25: Millenial Misconceptions: How To Work Successfully With Generation Y Karen McRitchie, Grinnell College

Please remember to go to the session evaluations:

http://www.resnetsymposium.org/rspm/evaluation/

Email: [email protected]

Share your Gen Y stories?