surviving in a multi generational workforce - ceo roundtable

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Surviving and Thriving in a Multi- Generational

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Presentation given 12/13/11

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Page 1: Surviving in a multi generational workforce - ceo roundtable

Surviving and Thriving in a Multi-

Generational Workforce

Page 2: Surviving in a multi generational workforce - ceo roundtable

1. Gain an understanding of different generations in the workforce and what makes each important on your team

2. Develop a plan for managing different generations

3. Identify effective strategies for working in multigenerational workplaces and teams

Our Goals for Today

Page 3: Surviving in a multi generational workforce - ceo roundtable

1st timein US

History

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Veterans: Over 67 years old

• Important events included: – The Great Depression– WWII – Disney releases it’s first animated feature (Snow

White)– The Korean War– Sputnik went into Orbit

You might be a veteran if…• You have the ability to entertain yourself without

a TV, in fact you remember the days before TV

• Popular Technology: Radio

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Baby Boomers: 47-66 years old• Important events included:

– Man walks on the Moon– Civil Rights– Woodstock– Deaths of JFK and Martin Luther King– Vietnam War begins

You might be a Boomer if you can complete these sentences…

• When the Beatles first came to the U.S. in early 1964, we all watched them on the ______show

• "Get your kicks, ________________”

• Popular Technology: Television

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Generation X: 32-46 years old

• Important events: – The Cold War (remember getting under your desk?)– Challenger Shuttle Explodes on Takeoff– Berlin Wall Dismantled– Fall of Communism in Eastern Europe– U.S. Troops go to Persian Gulf for the 1st time– AIDS Identified

You might be a Gen Xer if…• Schoolhouse Rock played a HUGE part in how you actually

learned the English language. – I know what a Bill (sittin’ up on Capital Hill) is thanks to that show!!

Popular Technology: Computers

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Millennials: 11-31 years old

• Important Events: – Death of Princess Diana– Death of Mother Teresa– Columbine– 9/11– World Center Attacks– War begins in Iraq for a 2nd time

You might be a Millennial if…• Blog, Myspace/Facebook, IM, text messaging, and

other social media are a regular part of your daily life

• Popular Technology: The internet, cell phones

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Is the workplace really that different compared

to 20 years ago?

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According to a survey by Lee Hecht Harrison, 60% of

employers are experiencing intergenerational tensions at

work.

*Source: Generation Y: They’ve Arrived at Work with a New Attitude, 2005

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Sound Familiar?

• Looking for meaningful work• Seeking challenge• Chance to prove themselves and show they can

perform well• Enjoys contact with people• Desire to be in a position of responsibility• Resents being looked at as though they have no

experience• Tends to be more job mobile• Less respectful of authority

Who does this describe?

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Training and Development Journal

November 1970Sorry Boomers, the other generations in the workforce

didn’t like you when you started working!

Every generation that enters the workforce makes waves!

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Workplace Values

Veterans Boomers Gen Xers Millennials

Career Goals

Build a legacy Build a stellar career

Build a portable career

Build parallel careers

Rewards Satisfaction of a job well done

Money, title, recognition, corner office

Freedom is the ultimate reward

Work that has meaning for me

Work-Life Balance

Support me in shifting the balance

Help me balance everyone else and

find meaning myself

Give me balance now! Not when

I’m 65

Work isn’t everything. Need

flexibility to balance my other

activities

Job Changing

Carries a stigma Puts you behind Is necessary Is part of the daily routine

Training I learned the hard way, you can too!

Train ‘em too much and they’ll

leave

The more they learn, the more

they’ll stay

Continuous learning is a way

of life

Source: When Generations Collide

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Managing Different Generations

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Veterans

Assets: Experience, enhanced knowledge, dedication, focus, loyalty, stability, emotional maturity, perseverance

Possible issues: Reluctant to buck the system, uncomfortable with conflict, may want to keep things the way they are

Messages that Motivate: “Your experience is respected here”

Rewards: Tangible symbols of loyalty, commitment, and service including plaques and certificates

Methods of Communication: Memos, letters and personal notes

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Baby Boomers

Assets: Service orientation, dedication, team perspective, experience, knowledge

Possible issues: May put process ahead of results

Messages that Motivate: “We need you”, “ Your opinion is valued”

Rewards: personal appreciation, promotion, and recognition

Methods of Communication: phone calls, personal interaction

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Generation X

Assets: Adaptability, techno-literacy, independence, creativity, willingness to buck the system

Possible issues: Skeptical, may distrust authority

Messages that Motivate: “Do it your way”, “there aren’t a lot of rules around here”

Rewards: Free time, opportunities for development, certifications to add to their resumes

Methods of Communication: Voice mail, email

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Millennials

Assets: Collective action, optimism, ability to multi-task, and technologically savvy

Possible issues: Need for supervision and structure, inexperience-particularly when dealing with difficult people

Messages that Motivate: “Your work makes a huge difference here”

Rewards: Awards, certificates, tangible evidence of credibility

Methods of Communication: texting, instant messaging,

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How Can You Help Different Generations Work Together

Effectively?

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FOCUS: on the similarities of the four generations.

We all want to be successful in our careers.

We all have hopes and dreams.

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UNDERSTAND: the differences between the way the generations

approach work.• OPTIMIZE: the strengths of each group:

Traditionalists are loyal employees.

Boomers are highly optimistic.

X-ers value independence and flexibility.

Millennials value teamwork and personal connection.

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REALIZE: the possible weaknesses of each generation.

Younger workers may not see the potential hazards and pitfalls of business. They don’t

have the knowledge of what has worked in the past and what has been a total failure.

Older workers may be too focused on the way things have “always been done” and thus be resistant to accepting new procedures and

new technologies.

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If you remember nothing else, remember this…

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Jennifer Fisher, Program [email protected]

Graduate Retention Program

Twitter: JenfisherfwBlog: www.generationalsoup.com

www.indianaintern.net

Thank You!!!