GENERATIONS X & Y. YS WILL EASILY LIVE BEYOND 2070. PROPECTIVE

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GENERATIONSX & Y

Y’S WILL EASILY LIVE BEYOND 2070.

PROPECTIVE

Who are the “generations”?

Birth Rates

Millions per year

1920-45 TRADITIONALIST1920-39 - WWII GENERATION1940-45 - SANDWICH GROUP

2.42.8

1946-64 BABY BOOM 4.0

1965-76 GENERATION X 3.3

1977-96 GENERATION Y 3.7

WHO ARE THE GENERATIONS?

• Not a chronological age...a way of looking at the world

General Personalities

OUTLOOK:

WORK ETHIC:

VIEW OF AUTHORITY:

LEADERSHIP BY:

RELATIONSHIPS:

General Personalities

TRADITIONALIST

OUTLOOK: Practical

WORK ETHIC: Dedicated

VIEW OF AUTHORITY:

Respectful

LEADERSHIP BY:

Hierarchy

RELATIONSHIPS:

Personal sacrifice

General Personalities

TRADITIONALIST

BABY BOOM

OUTLOOK: Practical Optimistic

WORK ETHIC: Dedicated Driven

VIEW OF AUTHORITY:

Respectful Love/ hate

LEADERSHIP BY:

Hierarchy Consensus

RELATIONSHIPS:

Personal sacrifice

Personal Gratification

General Personalities

TRADITIONALIST

BABY BOOM GENERATIONS Y & X

OUTLOOK: Practical Optimistic Skeptical

WORK ETHIC: Dedicated Driven Balanced

VIEW OF AUTHORITY:

Respectful Love/ hate Unimpressed

LEADERSHIP BY:

Hierarchy Consensus Competence

RELATIONSHIPS:

Personal sacrifice

Personal Gratification

Reluctant to Commit

A caution: labels and stereotypes

Who are Gen “Y”

• Born 1977-1996 or 1980-2000• Anyone age 0 to 24• Millennials• “Boomlets”• Generation 2000• Generation Next

Who are Gen ‘Y”

• Considerate

• Civic-Minded

• Heroic

Who are Gen “Y”

• Activist Group• Idealist• Socially Aware• Assertive• Environmentally Conscious• Care About Society

Who are Gen “Y”

• Clean Cut• Chic Look

Who are Gen “Y”

• Have Stress• Achievement Orientated• Readers• Digitally Connected• Busy

Who are Gen “Y”

• Collaborative• Open-minded• Feel Loved by Parents• Optimistic• Parents=Heroes

Who are Gen “Y”

• Children in the Spotlight• Strong sense of public responsibility• Renewed interest in children• Las Vegas going “family”• Club Med selling “family villages”

Who are Gen “Y”

• “Work in Progress”• Highly researched

Closing the generation gap: mutual benefit

MANAGING, LEADING , TRAINING

MANAGING, LEADING , TRAINING

To Reach Generations X & Y

• You better be blunt, bold and ready to act ...they won’t sit still and wait!

MANAGING, LEADING , TRAINING

X&Y Dislikes• Hearing about past• Inflexible scheduling• Being over managed• Feeling disrespected/

non-valued• Technique over results• High stress work• Pretentiousness/hype• Poor quality products

MANAGING, LEADING , TRAINING

X&Y Dislikes• Hearing about past• Inflexible scheduling• Being over managed• Feeling disrespected/

non-valued• Technique over results• High stress work• Pretentiousness/hype• Poor quality products

X&Y Likes• Honesty• Feedback (+ and -)• Ongoing development• Job sharing, cross

training• Time with manager/

staff meetings • Fun atmosphere

GENERATIONSX & Y