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Millennials
 (and their parents)
            Rebooted       Text




                     OACAC 2011
 Jeff Kallay - VP Consulting a.k.a.“Apostle of Authenticity”
Manage the Expectations
      15 American Generations
     4 Cycles = 4 Stage/2 Stroke
            Generation X
             Millennials
        Millennials Rebooted
       What does it all mean?
  Discussion and Media Resources
Disclaimers
“In America, each generation
     is a new people.”
     Alec de Tocqueville, 1830
4
Number of books by Howe and Strauss
 Generations, 13th Gen, The Fourth Turning
          and Millennials Rising

           LifeCourse Associates www.lifecourse.com
4 - Number of books by Howe and Strauss
   Generations, 13th Gen, The Fourth Turning
            and Millennials Rising

             LifeCourse Associates www.lifecourse.com
4
Number of Generations Colliding
      in the Workplace
 Silent, Boomers, Xers and Millennials
         LifeCourse Associates www.lifecourse.com
23.4
Average Number of Years of
  American Generations
         Howe and Strauss
15
American Generations (19 New World)

              Howe and Strauss
4
Number of Generational Cycles and
 Number of Generations Per Cycle
             Howe and Strauss
Revolutionary Cycle
   Name + Birth Years
   Awakening + 1701-1723
     Liberty + 1724-1741
  Republican + 1742-1766
  Compromise + 1767-1791
Civil War Cycle
  Name + Birth Years
Transcendental + 1792-1821
    Gilded + 1822-1842
  Progressive + 1843-1859
Great Power Cycle
 Name + Birth Years
 Missionary + 1860-1882
    Lost + 1883-1900
    G.I. + 1901-1924
   Silent + 1925-1942
Millennial Cycle
           Name + Birth Years
            Boomer + 1943-1960
               X + 1961-1981
         Millennials + 1982-2000/01
15th (Homeland or iGeneration) + 2000/01-20??
4/2
4 Stage/2 Stroke Per Cycle
   The Fourth Turning
         Howe and Strauss
Revolutionary Cycle
Name + Birth Years = Description
  Awakening + 1701-1723 = Idealist
   Liberty + 1724-1741 = Reactive
   Republican + 1742-1766 = Civic
 Compromise + 1767-1791 = Adaptive
Civil War Cycle
Name + Birth Years = Description
 Transcendental + 1792-1821 = Idealist
    Gilded + 1822-1842 = Reactive
  Progressive + 1843-1859 = Adaptive
Great Power Cycle
Name + Birth Years = Description
  Missionary + 1860-1882 = Idealist
    Lost + 1883-1900 = Reactive
       G.I. + 1901-1924 = Civic
   Silent + 1925-1942 = Adaptive
Millennial Cycle
     Name + Birth Years = Description
        Boomer + 1943-1960 = Idealist
            X + 1961-1981 = Reactive
       Millennials + 1982-2000/01 = Civic
15th (Homeland or iGeneration) + 2000/01-20?? = Adaptive
4 Stage / 2 Stroke
Idealist     Idealist birth Civic
Reactive   Reactive birth Adaptive
 Civic       Civic birth Idealist
Adaptive   Adaptive birth Reactive
                   Repeat
Each Generation
   Rebels against the elder-built world and
      against the generation before it.
   (Think X>Boomer and Millennial>X)

Redirects society towards its own inclinations.
Each Generation
      1. Solves the problems facing the prior
         youth generation (Millennial>X)
2. Corrects for the behavioral excess it perceives in
current midlife generation (Millennial>Boomer)
    3. Fills the social role being vacated by the
  departing elder generation (Millennials>G.I.)
Each Generation
Is shaped by their surroundings and by the
    generations with which they interact.

While being born becomes history, and as
       they age they make history.
Types of History
 Social Moment - a brief period of time when people perceive
 historical events to radically alter their social environments.
1. Secular Crisis - when society focuses on reordering the outer
            world of institutions and social behavior.
  2. Spiritual Awakening - when society focuses on changing
       the inner world of values and personal behavior.
Repeating in America
    1. Idealist - encounters a spiritual awakening in rising
       adulthood and a secular crisis entering elderhood.
2. Reactive - encounters a spiritual awakening entering youth,
              and a secular crisis entering midlife.
3. Civic - encounters a secular crisis entering rising adulthood,
         and a spiritual awakening entering elderhood.
    4. Adaptive - encounters a secular crisis entering youth,
           and a spiritual awakening entering midlife.
Five Surprising Facts Marketers Should Know About 2010 Census Stats
                      Advertising Age April 4, 2011
     http://adage.com/article/news/census-2010-surprising-facts-marketers/149692/
“Applications and yield numbers are down”
             NACAC Study, October 2010


       “Loan crisis goes to college.”
             CNN Money.com, May 2010


“College loans are the new subprime crisis”
             New York Times, June 2010
vs.X
Millennial
“A generation that can sneakily trump boomer
                                             X
   narcissism and millennial entitlement.”

 Jeff Gordiner, “X Saves the World: How Generation X Got the Shaft but Can Still Keep Everything from Sucking”
About Generation X
 Born and raised as independent latch-key kids.
    Sexual Revolution, Watergate, Vietnam,
 Gay Rights, High Divorce Rate, Recession and
   Woman’s Movement peppered their youth.

Demonized by Hollywood: Rosemary’s Baby, The
Exorcist, Taxi Driver, Pretty Baby and The Omen.
About Generation X
    Playing to win by half expecting to lose.

Accepting wide gaps between personal outcomes
                 and sex roles.

 Proud of their ability to cut through the hype.
About Generation X
Becoming cautious in family life and gradually
         mellowing in personality.

 Dedicated to starting and maintaining stable
  families, something their Silent generation
                parents did not.
Millennial
Largest, most wanted, most watched over and
most diverse generation in American history.

              Howe and Strauss “Millennials Rising”
The Three “Kaitlins”




Kaitlin   Caitlin   Kate Lynn
3.6
Average birthrate of Millennials
         (in millions)

        Howe and Strauss “Millennials Rising”
76
              Million Millennials
(vs. 72 million Boomers and 42 million Xers)

              Howe and Strauss “Millennials Rising”
$50k
 Parents willing to pay for an ovum from an
attractive, high IQ, female at a top university

               Howe and Strauss “Millennials Rising”
50%
 Increase in amount of stuff in weight in
average American homes vs. 20 years ago

             US News and World Report, 2008
87%
College freshmen who have never shared
          a room with a sibling

          Chronicle of Higher Education, November 2009
About Millennials
       35% are non-white (and Latino).

       1 in 5 have an immigrant parent,
       1 in 10 have a non-citizen parent.

Largest separation in wealth in American history.
About Millennials
     Celebrated, cherished and protected.
Celebrated by Hollywood: Three Men and Baby,
 Baby Boom, Mr. Mom and Disney princesses.
            Empowered females.
Bike helmets, car seats, nanny cams and more.
About Millennials
          Raised by attached parents.
Freakishly close to their “Helicopter Parents” or
   “Blackhawks” transitioning to “Stealth.”

Parents are “Best Friends” and co-purchasing.

        Conservative. Or Conventional?
About Millennials
               Team Oriented.
                Task Oriented.
 Civic Oriented. (not in march on D.C. way)

Want to achieve high standards set for them.
Feel that they have already “paid their dues.”
Reaching Millennials
      Eliminate Ambiguity.
 Think of Time as 24/7 Resource.
    Combine Work with Play.
      Make it Worthwhile.
        Handle with Care.
     Play to Their Strengths.
          Group Think.
5000
Marketing messages your members are
        assaulted by each day

             Adweek November 2006
90%
Consumers who trust word of mouth,
     vs. traditional advertising

            Adweek November 2006
Watch Welcome to the Social Media Revolution
Millennials Rebooted
            Regonize 2nd Cohort.
            Post Great Recession.
 Shift from Boomer Helicopter to Xer Stealth.
              Parents want ROI.
        Financial Aid knowledge is key!
            Cut through the hype.
Online and In-Person support work in tandem.
Who is Next?


15th
Homeland or iGeneration
     2000/2001-?
Your Bookshelf
Media and Resources
                     Did You Know? Video
     http://www.youtube.com/watch?v=PHmwZ96_Gos&feature=related


                          Web 2.0 Video
            http://www.youtube.com/watch?v=6gmP4nkeOE0E


                   Pew Internet Research
http://www.pewinternet.org/Reports/2010/Social-Media-and-Young-Adults.aspx
Mommy, Tell My Professor He’s Not Nice
http://www.sptimes.com/2006/06/19/State/Mommy__tell_my_profes.shtml


A Generation Serves Notice; It's a Moving Target
              http://query.nytimes.com/gst/fullpage.html?
            res=9D0CE7D9123FF931A15752C0A9609C8B63


                   Facebook grows up
              http://www.newsweek.com/id/32261/page/2
YouthQuake (Millennial Values in Work)
http://www.businessweek.com/magazine/content/08_03/b4067000290367.htm?
                   chan=magazine+channel_top+stories


              Scenes From A Culture Clash
      http://www.fastcompany.com/magazine/102/culture-clash.html


            Get The Best Out Of Millennials
       http://www.adage.com/talentworks/article?article_id=124891
The Millennials are Coming
http://www.cbsnews.com/stories/2007/11/08/60minutes/main3475200.shtml


   Employee Evolution - Millennials at Work
                  http://www.employeeevolution.com/


                   TargetX iThink Blog
                      http://.targetx.com/ithink
Download Session PDF
        1. Wait for our email with link
                     2. Go to:
www.slideshare.net/targetx/oacac-millennials-rebooted

              3. Follow these steps:
         a. Go to: www.slideshare.net/targetx
                  b. search OACAC
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Millennials
 (and their parents)
            Rebooted       Text




                     OACAC 2011
 Jeff Kallay - VP Consulting a.k.a.“Apostle of Authenticity”

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OACAC Millennials Rebooted

  • 1. Millennials (and their parents) Rebooted Text OACAC 2011 Jeff Kallay - VP Consulting a.k.a.“Apostle of Authenticity”
  • 2. Manage the Expectations 15 American Generations 4 Cycles = 4 Stage/2 Stroke Generation X Millennials Millennials Rebooted What does it all mean? Discussion and Media Resources
  • 4. “In America, each generation is a new people.” Alec de Tocqueville, 1830
  • 5. 4 Number of books by Howe and Strauss Generations, 13th Gen, The Fourth Turning and Millennials Rising LifeCourse Associates www.lifecourse.com
  • 6. 4 - Number of books by Howe and Strauss Generations, 13th Gen, The Fourth Turning and Millennials Rising LifeCourse Associates www.lifecourse.com
  • 7. 4 Number of Generations Colliding in the Workplace Silent, Boomers, Xers and Millennials LifeCourse Associates www.lifecourse.com
  • 8. 23.4 Average Number of Years of American Generations Howe and Strauss
  • 9. 15 American Generations (19 New World) Howe and Strauss
  • 10. 4 Number of Generational Cycles and Number of Generations Per Cycle Howe and Strauss
  • 11. Revolutionary Cycle Name + Birth Years Awakening + 1701-1723 Liberty + 1724-1741 Republican + 1742-1766 Compromise + 1767-1791
  • 12. Civil War Cycle Name + Birth Years Transcendental + 1792-1821 Gilded + 1822-1842 Progressive + 1843-1859
  • 13. Great Power Cycle Name + Birth Years Missionary + 1860-1882 Lost + 1883-1900 G.I. + 1901-1924 Silent + 1925-1942
  • 14. Millennial Cycle Name + Birth Years Boomer + 1943-1960 X + 1961-1981 Millennials + 1982-2000/01 15th (Homeland or iGeneration) + 2000/01-20??
  • 15. 4/2 4 Stage/2 Stroke Per Cycle The Fourth Turning Howe and Strauss
  • 16. Revolutionary Cycle Name + Birth Years = Description Awakening + 1701-1723 = Idealist Liberty + 1724-1741 = Reactive Republican + 1742-1766 = Civic Compromise + 1767-1791 = Adaptive
  • 17. Civil War Cycle Name + Birth Years = Description Transcendental + 1792-1821 = Idealist Gilded + 1822-1842 = Reactive Progressive + 1843-1859 = Adaptive
  • 18. Great Power Cycle Name + Birth Years = Description Missionary + 1860-1882 = Idealist Lost + 1883-1900 = Reactive G.I. + 1901-1924 = Civic Silent + 1925-1942 = Adaptive
  • 19. Millennial Cycle Name + Birth Years = Description Boomer + 1943-1960 = Idealist X + 1961-1981 = Reactive Millennials + 1982-2000/01 = Civic 15th (Homeland or iGeneration) + 2000/01-20?? = Adaptive
  • 20. 4 Stage / 2 Stroke Idealist Idealist birth Civic Reactive Reactive birth Adaptive Civic Civic birth Idealist Adaptive Adaptive birth Reactive Repeat
  • 21. Each Generation Rebels against the elder-built world and against the generation before it. (Think X>Boomer and Millennial>X) Redirects society towards its own inclinations.
  • 22. Each Generation 1. Solves the problems facing the prior youth generation (Millennial>X) 2. Corrects for the behavioral excess it perceives in current midlife generation (Millennial>Boomer) 3. Fills the social role being vacated by the departing elder generation (Millennials>G.I.)
  • 23. Each Generation Is shaped by their surroundings and by the generations with which they interact. While being born becomes history, and as they age they make history.
  • 24. Types of History Social Moment - a brief period of time when people perceive historical events to radically alter their social environments. 1. Secular Crisis - when society focuses on reordering the outer world of institutions and social behavior. 2. Spiritual Awakening - when society focuses on changing the inner world of values and personal behavior.
  • 25. Repeating in America 1. Idealist - encounters a spiritual awakening in rising adulthood and a secular crisis entering elderhood. 2. Reactive - encounters a spiritual awakening entering youth, and a secular crisis entering midlife. 3. Civic - encounters a secular crisis entering rising adulthood, and a spiritual awakening entering elderhood. 4. Adaptive - encounters a secular crisis entering youth, and a spiritual awakening entering midlife.
  • 26.
  • 27.
  • 28. Five Surprising Facts Marketers Should Know About 2010 Census Stats Advertising Age April 4, 2011 http://adage.com/article/news/census-2010-surprising-facts-marketers/149692/
  • 29. “Applications and yield numbers are down” NACAC Study, October 2010 “Loan crisis goes to college.” CNN Money.com, May 2010 “College loans are the new subprime crisis” New York Times, June 2010
  • 30.
  • 32.
  • 33.
  • 34. “A generation that can sneakily trump boomer X narcissism and millennial entitlement.” Jeff Gordiner, “X Saves the World: How Generation X Got the Shaft but Can Still Keep Everything from Sucking”
  • 35.
  • 36.
  • 37. About Generation X Born and raised as independent latch-key kids. Sexual Revolution, Watergate, Vietnam, Gay Rights, High Divorce Rate, Recession and Woman’s Movement peppered their youth. Demonized by Hollywood: Rosemary’s Baby, The Exorcist, Taxi Driver, Pretty Baby and The Omen.
  • 38. About Generation X Playing to win by half expecting to lose. Accepting wide gaps between personal outcomes and sex roles. Proud of their ability to cut through the hype.
  • 39. About Generation X Becoming cautious in family life and gradually mellowing in personality. Dedicated to starting and maintaining stable families, something their Silent generation parents did not.
  • 40. Millennial Largest, most wanted, most watched over and most diverse generation in American history. Howe and Strauss “Millennials Rising”
  • 41.
  • 43.
  • 44. 3.6 Average birthrate of Millennials (in millions) Howe and Strauss “Millennials Rising”
  • 45. 76 Million Millennials (vs. 72 million Boomers and 42 million Xers) Howe and Strauss “Millennials Rising”
  • 46. $50k Parents willing to pay for an ovum from an attractive, high IQ, female at a top university Howe and Strauss “Millennials Rising”
  • 47. 50% Increase in amount of stuff in weight in average American homes vs. 20 years ago US News and World Report, 2008
  • 48. 87% College freshmen who have never shared a room with a sibling Chronicle of Higher Education, November 2009
  • 49. About Millennials 35% are non-white (and Latino). 1 in 5 have an immigrant parent, 1 in 10 have a non-citizen parent. Largest separation in wealth in American history.
  • 50. About Millennials Celebrated, cherished and protected. Celebrated by Hollywood: Three Men and Baby, Baby Boom, Mr. Mom and Disney princesses. Empowered females. Bike helmets, car seats, nanny cams and more.
  • 51. About Millennials Raised by attached parents. Freakishly close to their “Helicopter Parents” or “Blackhawks” transitioning to “Stealth.” Parents are “Best Friends” and co-purchasing. Conservative. Or Conventional?
  • 52. About Millennials Team Oriented. Task Oriented. Civic Oriented. (not in march on D.C. way) Want to achieve high standards set for them. Feel that they have already “paid their dues.”
  • 53.
  • 54.
  • 55. Reaching Millennials Eliminate Ambiguity. Think of Time as 24/7 Resource. Combine Work with Play. Make it Worthwhile. Handle with Care. Play to Their Strengths. Group Think.
  • 56. 5000 Marketing messages your members are assaulted by each day Adweek November 2006
  • 57. 90% Consumers who trust word of mouth, vs. traditional advertising Adweek November 2006
  • 58. Watch Welcome to the Social Media Revolution
  • 59. Millennials Rebooted Regonize 2nd Cohort. Post Great Recession. Shift from Boomer Helicopter to Xer Stealth. Parents want ROI. Financial Aid knowledge is key! Cut through the hype. Online and In-Person support work in tandem.
  • 60. Who is Next? 15th Homeland or iGeneration 2000/2001-?
  • 61.
  • 62.
  • 64. Media and Resources Did You Know? Video http://www.youtube.com/watch?v=PHmwZ96_Gos&feature=related Web 2.0 Video http://www.youtube.com/watch?v=6gmP4nkeOE0E Pew Internet Research http://www.pewinternet.org/Reports/2010/Social-Media-and-Young-Adults.aspx
  • 65. Mommy, Tell My Professor He’s Not Nice http://www.sptimes.com/2006/06/19/State/Mommy__tell_my_profes.shtml A Generation Serves Notice; It's a Moving Target http://query.nytimes.com/gst/fullpage.html? res=9D0CE7D9123FF931A15752C0A9609C8B63 Facebook grows up http://www.newsweek.com/id/32261/page/2
  • 66. YouthQuake (Millennial Values in Work) http://www.businessweek.com/magazine/content/08_03/b4067000290367.htm? chan=magazine+channel_top+stories Scenes From A Culture Clash http://www.fastcompany.com/magazine/102/culture-clash.html Get The Best Out Of Millennials http://www.adage.com/talentworks/article?article_id=124891
  • 67. The Millennials are Coming http://www.cbsnews.com/stories/2007/11/08/60minutes/main3475200.shtml Employee Evolution - Millennials at Work http://www.employeeevolution.com/ TargetX iThink Blog http://.targetx.com/ithink
  • 68. Download Session PDF 1. Wait for our email with link 2. Go to: www.slideshare.net/targetx/oacac-millennials-rebooted 3. Follow these steps: a. Go to: www.slideshare.net/targetx b. search OACAC
  • 69. Free On Friday Webcasts www.targetx.com/webcast
  • 71. Millennials (and their parents) Rebooted Text OACAC 2011 Jeff Kallay - VP Consulting a.k.a.“Apostle of Authenticity”