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Managing the Generation
Gaps
Presentation by
Akilan Karthikeyan
Objective
Managing across generations and understanding how to
communicate considering the generation characteristics
of Boomers, Gen X-ers and Millennials (Gen Y-ers), will give
your business a competitive advantage.

This presentation talks about the characteristics of the
various Generations and understand how we have to
communicate with each of them.
Introduction
Hiring the right people and helping all employees manage
the generation gap will reduce internal conflict as well
as enhance employee motivation and productivity
throughout the organization including:
   Operations
   Customer service
   Sales & Marketing
   Research & Development
Introduction
Marketing to the right demographic and giving them
relevant messages will improve your success - both in
what you say and where you say it.

Tying this smarter approach to your Core
Competencies, Mission Statement, Vision Statement
and Goals will put you even further ahead of your
competition.
Introduction
In this presentation we will explore the generation
characteristics of what motivates Boomers, Gen X-ers
and Millennials (Gen Y-ers), and how managing across
generations will help you to communicate with each
generation more effectively by exploring their:
   Employment Expectations
   Work Ethic / Loyalty
Baby Boomers
Who are they?
Baby Boomers
Baby Boomers: Born between
                  1946-1964
Teen-age Baby Boomers
were individualistic and
idealistic – very much like
Millennial teens and young
adults.

They felt they could change
the world and... they did.
Baby Boomers: Born between 1946-
              1964
As young adults Boomers took their values to work. They wanted
meaningful work and embraced socially and environmentally
conscious companies.

Again, like Millennials they were driven more by their values than
by money.

Yet, by the time mid-generation Boomers started to have families,
unemployment had risen to 10%.

With mounting responsibility and fewer job options they became
more individualistic and less idealistic – and became motivated by
money, perks and prestige.
Baby Boomers: Born between 1946-
              1964
Today they are well-established in their careers and hold
positions of authority.

They are a large majority of today’s law firm leaders,
corporate executives, and senior managers.

They relish long work weeks and define themselves by the
accomplishments and prestige of the company they work for
as much as their own professional accomplishments.
Baby Boomers
      Employment Expectations
Baby Boomers believe in working your way up the ladder –
whether you have a degree or not – experience is more
valuable. As such they recognize hierarchy, paying your dues
and that money and perks are the reward for hard
work, long hours and commitment.
They are most familiar with annual reviews but are learning
to embrace midyear and quarterly reviews as the pace of
their work environment increases.
They value face time in the office and many Boomers
will not welcome work flexibility or other work/life balance
trends.
Baby Boomers
         Work Ethic / Loyalty
Very motivated to do a great job and will be
hardworking from morning to night. Baby Boomers
have the mind set of "organize life around work and
work around life" and "work your way to the top."
Because they are defined by their work, (and by a
recent economic downturn), they are working longer
and retiring later.

Baby Boomers are loyal to the companies they work
for. They want to trust their employers and will not
move companies as quickly as either X-ers or
Millennials.
Baby Boomers
         Work Ethic / Loyalty
As Boomers approach retirement and feel financially
stable many re-embrace their early values of work/life
balance and being socially and environmentally
conscious. That said, the possession of items that
demonstrate success and prestige remains important.

Complement Boomers to get their best work.
Generation X-ers
Who are they?
Generation X-ers
Generation X – Born between
         1965 - 1977
                Generation X-ers are a cross
                between the hierarchy
                embracing Boomers and
                the team driven Millennials
                – especially when looking at
                Gen X-ers born at either
                end of their era.
Generation X – Born between
                1965 - 1977
Gen X-ers have grown up with
corporate downsizing, massive
layoffs, governmental scandal,
and come from two income
and / or divorced families.

With their parents often
dedicating their lives to work,
Gen X children were often left to
accomplish tasks alone or with
their siblings, therefore, they
became independent, self reliant
individuals.
Generation X – Born between
                1965 - 1977
    They are much more comfortable with technology, diversity
    and global awareness than any previous generation. X-ers are
    the first generation to grow up with cd’s, remote controls
    and computers.

    Their circle of friends likely includes people from other
    cultures and they are one of the first generations to benefit
    from easier world travel and access to world-wide current
    events.
•   Gen X-ers place a premium on family time, are ambitious
    and hardworking and still value work/life balance.
Generation X
          Employment Expectations
•   After witnessing the burnout and / or layoff of their
    hardworking parents, X-ers entered the workplace as
    independent, resourceful and self-sufficient people who
    value freedom and responsibility. If they are put into a box
    they will start looking for a way to get out.

•   They are used to being leading edge – especially with
    technology (consider their familiarity with technology vs.
    their parents). Gen X-ers want to use their entrepreneurial
    spirit.
Generation X
          Employment Expectations
•   Generation X-ers are ambitious and eager to learn new
    skills.
•   Provide meaningful work and link what you do to
    improving humankind.
•   They want frequent training that relates not just to the
    job, but to their careers.
•   They look for technology based instruction which
    includes multi-media and interactive, computer- based
    training.
Generation X
             Work Ethic / Loyalty
•   They seek fun and meaningful work. They value the
    freedom to set their own hours. Flexible work
    schedules and work-from-home options (as long as
    billable quotas are met), may help to retain and
    motivate this generation.
•   A hands-off attitude often works best when supervising,
    mentoring or working with this generation. Coach,
    don't lecture them. Gen X-ers value freedom and
    autonomy to achieve desired goals and often prefer to
    work alone rather than in teams.
Generation X
               Work Ethic / Loyalty
•   They dislike “meetings about meetings” and don’t want or
    need face time.
•   Don't expect blind loyalty. Gen X-ers are supreme skeptics
    and cynics and value authenticity. They expect change. Gen
    X-ers thrive on diversity, challenge, responsibility and
    creative input. If their current firm does not provide them
    with these opportunities, they will not think twice to move
    elsewhere.
•   Make feedback regular and specific. Annual performance
    appraisals are too late - they need frequent, rapid, specific
    feedback.
Generation Y-ers
Who are they?
Generation Y-ers
Millenial (Generation Y) –
              Born between 1978 - 1987
•   Millennials have the
    reputation of being the
    toughest generation to
    manage.
•   They grew up in a culturally
    diverse school and play
    environment, are tech-savvy,
    enthusiastic, self-centered,
    confident, well networked and
    achievement-oriented.
•   Millennials are one of the best
    educated generations in
    history.
Millenial (Generation Y) –
          Born between 1978 - 1987
•   Like Gen X-ers, many Millennials were raised in two-income
    families with their parents often away from home. Despite this
    Millennials tend to have stronger relationships with their
    parents. Thanks to mobile technology their “helicopter
    parents” were rarely out of reach.
•   Their parents focused on filling every moment of their
    Millennial children's lives – introducing them to an
    unprecedented volume of well structured and well supervised
    education and activities.
•   Their busy schedules and expanded educational opportunities
    is where their confidence and need for variety and challenge
    comes from.
Millenial (Generation Y) –
          Born between 1978 - 1987
•   Millennials have been told by their parents that they can do
    anything.

•   They are often called the "Everybody Gets a Trophy" generation
    because their parents' insisted that their childhood experiences be
    positive and that no one felt left out.

•   Coming in first at school and at play wasn’t the goal – they were
    regularly praised and rewarded for their ‘best efforts’.

•   Their helicopter parents brought them up teaching them that
    everyone has a valid opinion and deserves to be taken seriously…
    at least heard.
Millenial (Generation Y)
          Employment Expecations
•   Millennials do not expect to “pay their dues.” They
    expect their opinions to be heard and considered and
    are not usually shy.

•   Millennials want to know that what they are doing is
    valuable to the company and/or environment… as well
    as valuable to them and their career.

•   They have a strong desire for rewarding opportunities –
    for them and their company.
Millenial (Generation Y)
          Employment Expecations
•   They are driven more by accomplishment. Millennials
    want to express their creativity and be able to complete
    tasks on their own - using their own methods.
•   They will be quick to go online and search the www as
    well as ask their own network of friends / associates for
    information and stimulation.
•   They are learning-oriented and if they’re doing
    something wrong they want to know about it now so
    they can move on.
Millenial (Generation Y)
           Employment Expecations
•   Millennials were brought up working in teams with shared
    rewards – and they want to be coached / mentored. They
    want to know they have access to an open door to ask
    questions, and this usually means they will ask many
    questions.

•   Millennial parents and teachers gave Millennials lots of
    praise as well as second, third and even fourth chances. So
    as adults they need the same from their employer. They
    want to be told often they are on the right track and doing a
    great job.
Millenial (Generation Y)
            Work Ethic / Loyalty
•   Clearly define your expectations. Millennials need detailed
    instruction about what you want – but let them determine
    how to get there. Make the work relevant to them and
    important to them and the company. If you engage
    them they will work hard.

•   Millennials are accustomed to new ideas and situations, a
    constant opportunity to learn (or more accurately find out).
Millenial (Generation Y)
            Work Ethic / Loyalty
•   Millennials will be loyal to a company – but will not provide
    blind loyalty. As long as their personal interest and career
    needs are being met (which change frequently) – and the
    company is socially responsible, the Millennial will be loyal.
    But they are not concerned about job-hopping.
•   They will quit now and find that job later - and if that
    doesn’t work out they can always count on their helicopter
    parents for support.
•   Praise Millennials often – daily even… and for sure… coach
    them.
The reality of Millenial Employees
•   They don’t expect to be asked about their work
    experience – they have very little. They will tell you the
    world is moving very fast they don’t need experience –
    but they do expect you to still give them the
    opportunity to show what they can do.

•   They will want to work in a two-way management
    situation. Just don’t expect them to sit back and take
    instruction, they will reply with their own input.
The reality of Millenial Employees
•   Questions. Be prepared – all they do is ask questions.
•   They need to be a part of a continuous feedback loop. They
    constantly need reassurance and constant feedback to keep
    their interest.
•   Money is key. They have an inbuilt expectancy to be paid a
    good salary from the beginning.
•   Training is important, but so is the style of training. They
    will want to pass test like training, where scores and
    definitive marks are given – don’t forget they are not long
    out of school/college.
The reality of Millenial Employees

•   Short attention spans. Boredom will kick in quite
    quickly with them, and don’t expect them to work
    unlimited hours in a day to get that project done, they
    will work only when they want to.

•   They are focused on their social life and consequently
    plan work around it, rather than the other way around.
The reality of Millenial Employees
•   Don’t expect them to win that gold watch for staying long in
    your company. They will already be planning the next job
    before they have even started with you. And they see
    nothing wrong with this.

•   What does money mean to them? A means to an end – they
    won’t be buying a house, they will be focusing on enjoying
    themselves. So they will earn (and spend) what it takes to do
    that, not much more.
How do you keep Millenial Employees
             Happy?
•   Engage them meaningful dialogue regarding workplace
    activities, projects and events
•   Ask their opinion and LISTEN (they may have a better
    solution)
•   Communicate with them EVERY SINGLE day
•   Don’t dictate or direct. Give them scope if feasible.
•   Don’t pay lip service to training – they are hungry for
    it.
How do you keep Millenial Employees
             Happy?
•   Reverse training – use THEIR skills
•   Job Rotation (Remember the get bored quickly)
•   Examine the package – how creative can you be? Be
    flexible
•   Don’t forget Gen X’ers and Boomers – use the
    knowledge
•   Accept they will leave (sooner than you think)
•   Don’t‘friend’them on Facebook!!!
Millenials – They will leave when they
              are ready
•   Be under no illusions, Gen Millenials want everything
    yesterday and are not prepared to wait. They will not sit
    back and‘do their time’, that is not their style.

•   Your retention strategy is to accept that they will leave!

•   Now you manage them to a mutual point of exit – when you
    can no longer offer them what they need.

•   But do it right and they may return, even better they may
    tell their friends on Facebook how good an employer you
    are!
The Future
•   What shall we expect from Generation Z: Born between the
    mid-1990s and the late 2000s?
The Future
•   So far relatively little is firmly established about the
    character and motivators of Generation Z-ers, but as
    children of X-ers who have grown up in the shadows of
    9-11 and the war on Iraq, as well as access to
    information through the internet, cell phones, iPod's,
    YouTube and facebook pages they will likely be even
    more ambitious and more 'worldly' than any other new
    generation.
Thank you

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Managing The Generation Gaps

  • 2. Objective Managing across generations and understanding how to communicate considering the generation characteristics of Boomers, Gen X-ers and Millennials (Gen Y-ers), will give your business a competitive advantage. This presentation talks about the characteristics of the various Generations and understand how we have to communicate with each of them.
  • 3. Introduction Hiring the right people and helping all employees manage the generation gap will reduce internal conflict as well as enhance employee motivation and productivity throughout the organization including: Operations Customer service Sales & Marketing Research & Development
  • 4. Introduction Marketing to the right demographic and giving them relevant messages will improve your success - both in what you say and where you say it. Tying this smarter approach to your Core Competencies, Mission Statement, Vision Statement and Goals will put you even further ahead of your competition.
  • 5. Introduction In this presentation we will explore the generation characteristics of what motivates Boomers, Gen X-ers and Millennials (Gen Y-ers), and how managing across generations will help you to communicate with each generation more effectively by exploring their: Employment Expectations Work Ethic / Loyalty
  • 8. Baby Boomers: Born between 1946-1964 Teen-age Baby Boomers were individualistic and idealistic – very much like Millennial teens and young adults. They felt they could change the world and... they did.
  • 9. Baby Boomers: Born between 1946- 1964 As young adults Boomers took their values to work. They wanted meaningful work and embraced socially and environmentally conscious companies. Again, like Millennials they were driven more by their values than by money. Yet, by the time mid-generation Boomers started to have families, unemployment had risen to 10%. With mounting responsibility and fewer job options they became more individualistic and less idealistic – and became motivated by money, perks and prestige.
  • 10. Baby Boomers: Born between 1946- 1964 Today they are well-established in their careers and hold positions of authority. They are a large majority of today’s law firm leaders, corporate executives, and senior managers. They relish long work weeks and define themselves by the accomplishments and prestige of the company they work for as much as their own professional accomplishments.
  • 11. Baby Boomers Employment Expectations Baby Boomers believe in working your way up the ladder – whether you have a degree or not – experience is more valuable. As such they recognize hierarchy, paying your dues and that money and perks are the reward for hard work, long hours and commitment. They are most familiar with annual reviews but are learning to embrace midyear and quarterly reviews as the pace of their work environment increases. They value face time in the office and many Boomers will not welcome work flexibility or other work/life balance trends.
  • 12. Baby Boomers Work Ethic / Loyalty Very motivated to do a great job and will be hardworking from morning to night. Baby Boomers have the mind set of "organize life around work and work around life" and "work your way to the top." Because they are defined by their work, (and by a recent economic downturn), they are working longer and retiring later. Baby Boomers are loyal to the companies they work for. They want to trust their employers and will not move companies as quickly as either X-ers or Millennials.
  • 13. Baby Boomers Work Ethic / Loyalty As Boomers approach retirement and feel financially stable many re-embrace their early values of work/life balance and being socially and environmentally conscious. That said, the possession of items that demonstrate success and prestige remains important. Complement Boomers to get their best work.
  • 16. Generation X – Born between 1965 - 1977 Generation X-ers are a cross between the hierarchy embracing Boomers and the team driven Millennials – especially when looking at Gen X-ers born at either end of their era.
  • 17. Generation X – Born between 1965 - 1977 Gen X-ers have grown up with corporate downsizing, massive layoffs, governmental scandal, and come from two income and / or divorced families. With their parents often dedicating their lives to work, Gen X children were often left to accomplish tasks alone or with their siblings, therefore, they became independent, self reliant individuals.
  • 18. Generation X – Born between 1965 - 1977 They are much more comfortable with technology, diversity and global awareness than any previous generation. X-ers are the first generation to grow up with cd’s, remote controls and computers. Their circle of friends likely includes people from other cultures and they are one of the first generations to benefit from easier world travel and access to world-wide current events. • Gen X-ers place a premium on family time, are ambitious and hardworking and still value work/life balance.
  • 19. Generation X Employment Expectations • After witnessing the burnout and / or layoff of their hardworking parents, X-ers entered the workplace as independent, resourceful and self-sufficient people who value freedom and responsibility. If they are put into a box they will start looking for a way to get out. • They are used to being leading edge – especially with technology (consider their familiarity with technology vs. their parents). Gen X-ers want to use their entrepreneurial spirit.
  • 20. Generation X Employment Expectations • Generation X-ers are ambitious and eager to learn new skills. • Provide meaningful work and link what you do to improving humankind. • They want frequent training that relates not just to the job, but to their careers. • They look for technology based instruction which includes multi-media and interactive, computer- based training.
  • 21. Generation X Work Ethic / Loyalty • They seek fun and meaningful work. They value the freedom to set their own hours. Flexible work schedules and work-from-home options (as long as billable quotas are met), may help to retain and motivate this generation. • A hands-off attitude often works best when supervising, mentoring or working with this generation. Coach, don't lecture them. Gen X-ers value freedom and autonomy to achieve desired goals and often prefer to work alone rather than in teams.
  • 22. Generation X Work Ethic / Loyalty • They dislike “meetings about meetings” and don’t want or need face time. • Don't expect blind loyalty. Gen X-ers are supreme skeptics and cynics and value authenticity. They expect change. Gen X-ers thrive on diversity, challenge, responsibility and creative input. If their current firm does not provide them with these opportunities, they will not think twice to move elsewhere. • Make feedback regular and specific. Annual performance appraisals are too late - they need frequent, rapid, specific feedback.
  • 24.
  • 26. Millenial (Generation Y) – Born between 1978 - 1987 • Millennials have the reputation of being the toughest generation to manage. • They grew up in a culturally diverse school and play environment, are tech-savvy, enthusiastic, self-centered, confident, well networked and achievement-oriented. • Millennials are one of the best educated generations in history.
  • 27. Millenial (Generation Y) – Born between 1978 - 1987 • Like Gen X-ers, many Millennials were raised in two-income families with their parents often away from home. Despite this Millennials tend to have stronger relationships with their parents. Thanks to mobile technology their “helicopter parents” were rarely out of reach. • Their parents focused on filling every moment of their Millennial children's lives – introducing them to an unprecedented volume of well structured and well supervised education and activities. • Their busy schedules and expanded educational opportunities is where their confidence and need for variety and challenge comes from.
  • 28. Millenial (Generation Y) – Born between 1978 - 1987 • Millennials have been told by their parents that they can do anything. • They are often called the "Everybody Gets a Trophy" generation because their parents' insisted that their childhood experiences be positive and that no one felt left out. • Coming in first at school and at play wasn’t the goal – they were regularly praised and rewarded for their ‘best efforts’. • Their helicopter parents brought them up teaching them that everyone has a valid opinion and deserves to be taken seriously… at least heard.
  • 29. Millenial (Generation Y) Employment Expecations • Millennials do not expect to “pay their dues.” They expect their opinions to be heard and considered and are not usually shy. • Millennials want to know that what they are doing is valuable to the company and/or environment… as well as valuable to them and their career. • They have a strong desire for rewarding opportunities – for them and their company.
  • 30. Millenial (Generation Y) Employment Expecations • They are driven more by accomplishment. Millennials want to express their creativity and be able to complete tasks on their own - using their own methods. • They will be quick to go online and search the www as well as ask their own network of friends / associates for information and stimulation. • They are learning-oriented and if they’re doing something wrong they want to know about it now so they can move on.
  • 31. Millenial (Generation Y) Employment Expecations • Millennials were brought up working in teams with shared rewards – and they want to be coached / mentored. They want to know they have access to an open door to ask questions, and this usually means they will ask many questions. • Millennial parents and teachers gave Millennials lots of praise as well as second, third and even fourth chances. So as adults they need the same from their employer. They want to be told often they are on the right track and doing a great job.
  • 32. Millenial (Generation Y) Work Ethic / Loyalty • Clearly define your expectations. Millennials need detailed instruction about what you want – but let them determine how to get there. Make the work relevant to them and important to them and the company. If you engage them they will work hard. • Millennials are accustomed to new ideas and situations, a constant opportunity to learn (or more accurately find out).
  • 33. Millenial (Generation Y) Work Ethic / Loyalty • Millennials will be loyal to a company – but will not provide blind loyalty. As long as their personal interest and career needs are being met (which change frequently) – and the company is socially responsible, the Millennial will be loyal. But they are not concerned about job-hopping. • They will quit now and find that job later - and if that doesn’t work out they can always count on their helicopter parents for support. • Praise Millennials often – daily even… and for sure… coach them.
  • 34. The reality of Millenial Employees • They don’t expect to be asked about their work experience – they have very little. They will tell you the world is moving very fast they don’t need experience – but they do expect you to still give them the opportunity to show what they can do. • They will want to work in a two-way management situation. Just don’t expect them to sit back and take instruction, they will reply with their own input.
  • 35. The reality of Millenial Employees • Questions. Be prepared – all they do is ask questions. • They need to be a part of a continuous feedback loop. They constantly need reassurance and constant feedback to keep their interest. • Money is key. They have an inbuilt expectancy to be paid a good salary from the beginning. • Training is important, but so is the style of training. They will want to pass test like training, where scores and definitive marks are given – don’t forget they are not long out of school/college.
  • 36. The reality of Millenial Employees • Short attention spans. Boredom will kick in quite quickly with them, and don’t expect them to work unlimited hours in a day to get that project done, they will work only when they want to. • They are focused on their social life and consequently plan work around it, rather than the other way around.
  • 37. The reality of Millenial Employees • Don’t expect them to win that gold watch for staying long in your company. They will already be planning the next job before they have even started with you. And they see nothing wrong with this. • What does money mean to them? A means to an end – they won’t be buying a house, they will be focusing on enjoying themselves. So they will earn (and spend) what it takes to do that, not much more.
  • 38. How do you keep Millenial Employees Happy? • Engage them meaningful dialogue regarding workplace activities, projects and events • Ask their opinion and LISTEN (they may have a better solution) • Communicate with them EVERY SINGLE day • Don’t dictate or direct. Give them scope if feasible. • Don’t pay lip service to training – they are hungry for it.
  • 39. How do you keep Millenial Employees Happy? • Reverse training – use THEIR skills • Job Rotation (Remember the get bored quickly) • Examine the package – how creative can you be? Be flexible • Don’t forget Gen X’ers and Boomers – use the knowledge • Accept they will leave (sooner than you think) • Don’t‘friend’them on Facebook!!!
  • 40. Millenials – They will leave when they are ready • Be under no illusions, Gen Millenials want everything yesterday and are not prepared to wait. They will not sit back and‘do their time’, that is not their style. • Your retention strategy is to accept that they will leave! • Now you manage them to a mutual point of exit – when you can no longer offer them what they need. • But do it right and they may return, even better they may tell their friends on Facebook how good an employer you are!
  • 41. The Future • What shall we expect from Generation Z: Born between the mid-1990s and the late 2000s?
  • 42. The Future • So far relatively little is firmly established about the character and motivators of Generation Z-ers, but as children of X-ers who have grown up in the shadows of 9-11 and the war on Iraq, as well as access to information through the internet, cell phones, iPod's, YouTube and facebook pages they will likely be even more ambitious and more 'worldly' than any other new generation.

Hinweis der Redaktion

  1. Example: Mr. Michel Sursock