What can social media teach us about managing Gen Y? - PowerPoint PPT Presentation

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What can social media teach us about managing Gen Y?

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What can social media teach us about managing Gen Y? Title How do you view Gen Y? Generation Y Gen Y are: Lazy Selfish Demanding Cocky Self-absorbed As managers, why ... – PowerPoint PPT presentation

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Title: What can social media teach us about managing Gen Y?


1
What can social media teach us about managing Gen
Y?
  • Title

2
How do you view Gen Y?
3
Generation Y
  • Gen Y are
  • Lazy
  • Selfish
  • Demanding
  • Cocky
  • Self-absorbed

4
As managers, why should you care?
24 and under 25-34 35-44 45-54 55-64 65 and over
Whole economy 14 23 24 23 13 2
Local govt 6 20 26 29 16 2
Public sector 6 21 26 29 16 2
Private sector 17 24 23 21 12 2
5
How to approach managing Gen Y
  • Management styles
  • Providing feedback
  • Work/life balance
  • How they learn

6
Management styles
Gen Y Baby Boomers
Democratic Command and control
Flexible Rigidity
Non-linear Linear
Flat Hierarchical
7
Feedback
  • " millennials have "lived their whole lives on
    a landscape lush with feedback." Yet when they
    enter the workforce, they find themselves "in a
    veritable feedback desert.... It's hard to get
    better at something if you receive feedback on
    your performance just once a year.
  • Dan Pink

8
Work/life balance
  • What do you believe in?
  • Blurring of work/life
  • Friendship and solidarity
  • Flexible working

9
Learning
  • Self directed
  • Mentoring
  • Collaborative
  • Informal

10
21st Century Management 3.0
  • FW Taylors ideas of management are 100 years old
  • Exponential change
  • Hyper competition and the need for
  • Innovation
  • How fast can you create new knowledge?
  • How transparent are you?

11
Management 3.0
  • Openness
  • Meritocracy
  • Flexibility
  • Collaboration
  • Build an organisation fit for
  • human beings
  • http//www.managers.org.uk/gen-y
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