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Generational Diversity

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Video games. Energy crisis. Disco. Test tube babies. The Brady Bunch. Roe v Wade. Single mother ... Britney Spears. The Simpsons. iPod. Synergy: ... – PowerPoint PPT presentation

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Title: Generational Diversity


1
Generational Diversity
  • Melanie Holmes, Vice President of Corporate
    Affairs

mix
match
2
A Generation
  • Defined by age boundaries
  • Share similar experiences growing up
  • Share similar values and attitudes

3
The Generations
  • GI 1901 1931
  • Traditionalists 1932 1945
  • Baby Boomers 1946 1964
  • Generation X 1965 1980
  • Generation Y or Millennials 1981 1994
  • Digital 1995 to the present

4
For the first time in history four generations
are working together!
5
Traditionalists (born before 1946)
  • Respect authority
  • Place duty before pleasure
  • Believe patience is its own reward delayed
    gratification
  • Value honor and integrity
  • Avoid challenging the system
  • Maintain dedication to a job once they take it
  • Believe in law and order
  • Team player

6
Traditionalists
  • Social Security System established
  • Wheaties
  • Flash Gordon
  • Joe DiMaggio
  • Puritan ethics
  • Big Bands
  • Blondie and Dagwood
  • Pearl Harbor
  • World War II
  • The Great Depression
  • Rationing
  • The atomic bomb
  • Homemaker mother
  • The radio

7
Baby Boomers (1946 1964)
  • Live to work
  • Maintain a general sense of optimism
  • Because of their numbers enjoy unprecedented
    influence
  • Willing to go into debt betting on the future
  • Strive for convenience and personal gratification
  • Preserve their youth and are nostalgic about it
  • Great majority will work after traditional
    retirement
  • Looking for self-fulfillment

8
Baby Boomers
  • Kent State
  • Civil Rights
  • Watergate
  • The Pill
  • Vietnam
  • Television (3 channels!)
  • Duck and Cover
  • John Lennon
  • Woodstock
  • Brown v Board of Education
  • Kennedy assassination
  • Working mother
  • Rock n Roll
  • Romper Room

9
Generation X (1965 1980)
  • Work to live not live to work
  • View jobs within context of a contract
  • Believe in clear, consistent expectations
  • Require opportunities to grow
  • Want versatility
  • Money is only part of the equation
  • Contribution to the whole is important
  • Skeptical and cynical

10
Generation X
  • Fall of the Berlin Wall
  • HIV / AIDS
  • Video games
  • Energy crisis
  • Disco
  • Test tube babies
  • The Brady Bunch
  • Roe v Wade
  • Single mother
  • VCRs
  • MTV
  • Personal computers
  • Star Trek
  • Three Mile Island meltdown

11
Generation Y (1981 1994)
  • Live in the moment
  • Rely on the immediacy of technology
  • Demand clear and consistent expectations
  • Earning money translates into immediate
    consumption
  • Will respect only after they are treated with
    respect
  • Question everything
  • Be more diverse
  • Family-oriented

12
Gen Y
  • Internet
  • Virtual reality
  • Oklahoma City bombing
  • Computer viruses
  • DNA
  • Designer drugs
  • Bill Gates
  • Single mother / single father
  • Princess Diana
  • Globalization
  • Cell phones
  • Britney Spears
  • The Simpsons
  • iPod

13
Synergy the combined result is greater than the
sum of the parts.
14
Potential Issues
  • Different values drive different behavior
  • There is the potential for conflicts
  • Communication styles are very different
  • The generations may clash over priorities
  • We all may succumb to stereotypes

15
That May Increase
  • Tangible costs
  • Turnover
  • Productivity
  • Intangible costs
  • Morale
  • Grievances and complaints
  • Perceptions of inequity

16
Importance of Valuing Differences
  • Information flows in all directions
  • Successful leaders let everyone be heard and know
    no one has all the answers
  • Appreciation of diversity encourages each group
    to contribute to positively impact the success of
    the organization

17
Benefits of the Multi-Generational Team
  • The team can attract and retain talented people
    of all ages
  • The team is more flexible
  • The team can gain and keep greater market share
    because its members reflect a multi-generational
    market
  • Decisions are stronger because they are
    broad-based
  • The team is more innovative
  • The team can meet the needs of a diverse public

Source www.generationsatwork.com
18
Contributions of the Generations
  • Traditionalists provide stability and experience
  • Boomers are loyal
  • Gen Xers contribute out-of-the-box thinking
  • Gen Yers provide innovation and excitement while
    staying committed to the organization

19
Value differences!
20
Thank You!
  • Melanie Cosgrove Holmes
  • Vice President, Corporate Affairs North America
  • Manpower
  • 5301 North Ironwood Road
  • Milwaukee, WI 53217
  • Voice 414.906.6383
  • Fax 414.906.7798
  • Mobile 414.573.5000
  • Email melanie.holmes_at_na.manpower.com
  • www.manpower.com
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