csrs-fers retirement program™ ©2008 wealth design group all rights reserved. get wise-get wealthy...
TRANSCRIPT
CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.
Get Wise-Get WealthyTM
Get Wise – Get Wealthy Inter-generational Diversity
Presented to:Federally Employed Women
DFC ChapterNovember 19, 2008
By:Ann Vanderslice
CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.
Get Wise-Get WealthyTM
Elvis joins the Army.
Jimi Hendrix dies.
CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.
Get Wise-Get WealthyTM
MTV debuts.
Kurt Cobain dies.
CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.
Get Wise-Get WealthyTM
People resemble their times more than they resemble their parents.
~ Arab Proverb
CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.
Get Wise-Get WealthyTM
The Greatest Generation
Born between 1925 and 1945
AKA – The Silent Generation
-- The Postwar Generation
-- The Depression Generation
Leaders – No US Presidents
-- Many major civil rights leaders
-- Many women’s rights leaders
CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.
Get Wise-Get WealthyTM
The Baby Boomer Generation
Born between 1946 and 1964
Leaders – Bill Clinton and George W. Bush
CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.
Get Wise-Get WealthyTM
Generation X
Born between 1964 and 1979
AKA – MTV Generation
-- 13th Generation
-- Baby Busters
Leaders – President-elect Barack Obama
Influences - Bill Gates
Steve Jobs
Andy Bechtolsheim
CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.
Get Wise-Get WealthyTM
The Millennial Generation
Born between 1980 and 1998
AKA – Gen Y
-- Echo Boom
CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.
Get Wise-Get WealthyTM
The Millennial Generation
Born between 1980 and 1998
AKA – Gen Y
-- Echo Boom
CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.
Get Wise-Get WealthyTM
The Millennial Generation
CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.
Get Wise-Get WealthyTM
Netting the Net GenerationBusinessWeek
Generation Y for DummieseWeek.com
The “Millennials” Are
Coming
CBS NewsGeneration Y : They’ve arrived at work with a new attitudeUSA Today
Attracting the Twentysomething WorkerFortune
‘Generation Me’ Enters the Work
ForceABC News
Motivating the “What’s in It for Me?” WorkforceAllBusiness.com
What Gen Y Really
WantsTime Magazine
The Bottom Line on Next Gen WorkersBusinessWeek
CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.
Get Wise-Get WealthyTM
The Millennial Generation
Born between 1980 and 1998
AKA – Gen Y
-- Echo Boom
Influences – Heroes – Police, Firefighters
-- MySpace
-- YouTube
CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.
Get Wise-Get WealthyTM
Life Stages of Neural Pathways
CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.
Get Wise-Get WealthyTM
Aoccdrnig to rscheearch at Cmabrigde
Uinervtisy, it deosn't mttaer in waht oredr
the ltteers in a wrod are, the olny iprmoetnt
tihng is taht the frist and lsat ltteer be at the
rghit pclae. The rset can be a toatl mses and
you can sitll raed it wouthit porbelm. Tihs is
bcuseae the huamn mnid deos not raed ervey
lteter by istlef, but the wrod as a wlohe.
CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.
Get Wise-Get WealthyTM
No ! req
CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.
Get Wise-Get WealthyTM
Golden Rule
Do unto others as you would have them do unto you.
CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.
Get Wise-Get WealthyTM
Platinum Rule
Do unto others as they would like to have done to them.
CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.
Get Wise-Get WealthyTM
Titanium Rule
Do unto others keeping their preferences in mind!
CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.
Get Wise-Get WealthyTM
Speaking Greatest Generation”ese”
They’re helpers – ask for some
Ask for their opinion
Remember they see themselves as vital, active people in the prime of life
CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.
Get Wise-Get WealthyTM
Speaking Boomer”ese”
Be respectful
Take your time – build a relationship
Try face-to-face for the important conversations
CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.
Get Wise-Get WealthyTM
Speaking Gen X”ese”
Get to the point
Use technological communication efficiently
Avoid cliches and hyperbole
CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.
Get Wise-Get WealthyTM
Speaking Millinneal”ese”
Don’t be put off if they’re multi-tasking while communicating with you
Share where they fit in the overall picture
Ask for help with technology
CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.
Get Wise-Get WealthyTM
Millennial Generation
Generation
X
Baby Boom Generation
GreatestGeneration
Outlook Hopeful Skeptical Optimistic Practical
Work Ethic
Ambitious Balanced Driven Dedicated
View ofAuthority
RelaxedPolite
Unimpressed
Love/Hate Respectful
Leadership By
Pulling together
Competence Consensus Hierarchy
Relation-ships
LoyalInclusive
Reluctant tocommit
PersonalGratification
Self-sacrifice
Perspective Civic-minded
Self-reliant Team-oriented
Civic-minded
CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.
Get Wise-Get WealthyTM
Employees From All Generations Agree
Work is a vehicle for personal fulfillment and satisfaction Workplace culture is important Being trusted to get the job done is the most important factor in defining job satisfaction Feeling valued by their employer is a requirement to be happy in their job Flexibility in the workplace is important Success is finding an employer you can stay with for a long time Career development is the most valued form of recognition – even more so than pay raises and enhanced titles