the future of the workplace as boomers retire and millennials replace them by dr. diane hamilton
TRANSCRIPT
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DIANE HAMILTON, PHD
The Future of the Workplace as Boomers
Leave and Younger Generations Replace Them
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WHAT WE’LL TALK ABOUT TODAY
•Current Workplace •Understand and Embrace Change•Future Workplace•Education, Training, and Management
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CURRENT WORKPLACE
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GENERATIONS WORKING TOGETHER
• Four Generations Working Together• Embrace Interpersonal Skills • Emotional Intelligence
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BOOMERS IMPACT ON WORKPLACE
• Number of Boomers• When will they retire?• What will they leave behind?
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MILLENNIALS’ IMPACT ON WORKPLACE
• How many are there?• Misconceptions of them.• Top 10 Words or Phrases to Mind to
Describe Millennials
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FAMILY FEUD GAME: MILLENNIALS: SELF-SELECTED DESCRIPTORS
• Friendly 85%• Open-Minded 81%• Intelligent 80%• Responsible 73%• Thoughtful 73%• Caring 71%• Fun-Loving 65%• Independent 63%• Creative 62%• Curious 59%
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DISTINGUISHING DIFFERENCES: IS THERE A CLASH?
• Distinguishing Differences – Is There a Clash
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BOOMERS VS. MILLENNIALS MYTH GAME
• Boomers vs. Millennials Myth Game
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BOOMERS VS. MILLENNIALS MYTH GAME
• Myth or Truth?• Younger Generations Have No Work Ethic or are Lazy
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BOOMERS VS. MILLENNIALS MYTH GAME
• Myth or Truth?• Millennials Don’t Respect Authority
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BOOMERS VS. MILLENNIALS MYTH GAME
• Myth or Truth?• They don’t want to grow up.
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BOOMERS VS. MILLENNIALS MYTH GAME
• Myth or Truth?• They are tough to recruit
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BOOMERS VS. MILLENNIALS MYTH GAME
• Myth or Truth?• They are Self-Involved and the “Me Generation”
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BOOMERS VS. MILLENNIALS MYTH GAME
• Myth or Truth?• Let’s go with a Boomer possible myth – Boomers can’t
retire early
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BOOMERS VS. MILLENNIALS MYTH GAME
• Myth or Truth?• Let’s go with another one about Boomers – Boomers are
Technologically Challenged
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UNDERSTAND AND EMBRACE CHANGE
• Proactive Skills• New Gens• Experience May Be Useful• Communication Changes• Intergenerational Transition• Changing Leadership Styles
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PROACTIVE SKILLS
• Proactive Skills
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NEW GENS
• New Gens
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EXPERIENCE MAY BE USEFUL
• Experience May Be Useful
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COMMUNICATION CHANGES
• Communication Changes
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INTERGENERATIONAL TRANSITION
• Intergenerational Transition
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CHANGING LEADERSHIP STYLES
• Changing Leadership Styles
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EMBRACING ENTREPRENEURIAL THINKING
• Entrepreneurial Thinking Embraced
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CHANGES IN TYPES OF JOBS
• Changes in Types of Jobs Available
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JOBS THAT ENDED WITH OLDER GENERATIONS
• Jobs That Ended with Older Generations
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DEGREE OR NOT DEGREE
• That is the question• Pick and Choose• Certifications• Specialized Institutions
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MANAGING FUTURE GENERATIONS
• Managing Future Generations
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STORING KNOWLEDGE FROM PAST GENERATIONS
• Storing Knowledge from Past Generations
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CONCLUSIONThe Key is to Have Vision
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QUESTIONS
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REFERENCES