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GenerationsMatter 5/2/14 generationsmatter.com 1 The Changing Workplace Today Gen X Millennials Boomers 28% 26% 46% Gen X Millennials Boomers 2020 22% 40% 38% Source: Bureau of Labor Statistics Feb 2012 Labor Force Projections 190928 192945 194664 196582 198301 58,000,000 44,000,000 76,000,000 62,000,000 80,000,000 Greatest Silent Boomer Gen X Millennial 96 77 59 41 22 Born in the U.S.A

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Page 1: The Changing Workplace - Retail Merchants · 2016-11-16 · The Changing Workplace Today GenX Boomers Millennials 28 %26 46% % GenX Millennials Boomers 2020 22% 40% 38 Source: Bureau

GenerationsMatter 5/2/14

generationsmatter.com 1

The Changing Workplace

Today

Gen  X

Millennials Boomers

28% 26%

46% Gen  X

Millennials

Boomers

2020

22% 40%

38%

Source: Bureau of Labor Statistics Feb 2012 Labor Force Projections

1909-­‐28   1929-­‐45   1946-­‐64   1965-­‐82   1983-­‐01  

58,000,000

44,000,000

76,000,000

62,000,000

80,000,000

Greatest   Silent   Boomer   Gen  X   Millennial  

96 77 59 41 22

Born  in  the  U.S.A

Page 2: The Changing Workplace - Retail Merchants · 2016-11-16 · The Changing Workplace Today GenX Boomers Millennials 28 %26 46% % GenX Millennials Boomers 2020 22% 40% 38 Source: Bureau

GenerationsMatter 5/2/14

generationsmatter.com 2

1909-­‐28   1929-­‐45   1946-­‐64   1965-­‐82   1983-­‐01  

5,000,000

28,000,000

76,000,000 75,000,000 81,000,000

Greatest   Silent   Boomer   Gen  X   Millennial  

96 77 59 41 22

Current  U.S.  Census  Data

Generational Values

Culture’s Impact

Defining Events

Who We Are

Generational Values Personal Gratification

Entitlement Control

Work Ethic No to Status Quo

Optimism

Defining Events Birth of TV Prosperity Cold War

Political Assassinations Watergate

Rock ‘n Roll Growth of Suburbia

Women’s Lib Civil Rights

Vietnam

Culture’s Impact: Boomers

Driven Transformational “Self” Centered

Page 3: The Changing Workplace - Retail Merchants · 2016-11-16 · The Changing Workplace Today GenX Boomers Millennials 28 %26 46% % GenX Millennials Boomers 2020 22% 40% 38 Source: Bureau

GenerationsMatter 5/2/14

generationsmatter.com 3

Risk-takers Skeptical

Independent Task-driven

Generational Values Technosavvy

Think Globally Self-reliance

Diversity Pragmatic

Culture’s Impact: Gen X

Defining Events Watergate

Single parents Latchkey kids

MTV AIDs

Computers Challenger Downsizing Berlin Wall

Co-dependent Purposeful Ambitious

Generational Values Confidence plus

Civic duty Achievement

Hyper connected Multi-tasking on steroids

Fearless

Defining Events Internet/Social Media

School violence Over-involved parenting

Multi-culturalism 9/11attacks Gulf War(s)

“Fame-ification” Great Recession Technology ++

Culture’s Impact: Millennials

Page 4: The Changing Workplace - Retail Merchants · 2016-11-16 · The Changing Workplace Today GenX Boomers Millennials 28 %26 46% % GenX Millennials Boomers 2020 22% 40% 38 Source: Bureau

GenerationsMatter 5/2/14

generationsmatter.com 4

Technology and Generations:

Gen X: Tech Savvy

Millennials: Tech Dependent

You are “Special”

It’s all about the Collective Self

A Millennial Paradox?

Not Comparative: “I’m better than you”

Absolute: “I’m special”

Every ONE has Value

No ONE is “Best”

MILLENNIALS

INPUTS

OUTPUTS

Reality TV

Instagram

Bail-Outs

“Selfies”

Twitter Facebook

Great Recession

Self-Esteem Parenting

Wikipedia

School Violence

Diversity

Green Movement

School Projects

Community Projects

9/11

YouTube

Kardashians

NARCISSISM “Off the Charts”

SENSE OF SELF Collective

Page 5: The Changing Workplace - Retail Merchants · 2016-11-16 · The Changing Workplace Today GenX Boomers Millennials 28 %26 46% % GenX Millennials Boomers 2020 22% 40% 38 Source: Bureau

GenerationsMatter 5/2/14

generationsmatter.com 5

Outlook

Work  Ethic

View  of    Money

View  of  Leadership

Medium

Optimistic

Driven

Spenders

Pay  your  dues

Work  is  Life TV

Self-­‐centered

Skeptical

Free  Agent

Debtors

Competence

Work  to  Live

Computer

Self-­‐reliant

ConXident

Goals

Savers

Egalitarian

Integrated

Mobile

Collective  Self Orientation

BOOMERS GEN  X MILLENNIALS

Work/Life  Balance

©  2014  GenerationsMatter

Generational Mindsets Differ

HYPER

Connectors Collaborators Communicators Community

The shift has begun…

BOOMERS:

Team Player

GEN XERS:

Independence

MILLENNIALS:

Contribute/Participate

Page 6: The Changing Workplace - Retail Merchants · 2016-11-16 · The Changing Workplace Today GenX Boomers Millennials 28 %26 46% % GenX Millennials Boomers 2020 22% 40% 38 Source: Bureau

GenerationsMatter 5/2/14

generationsmatter.com 6

MILLENNIALS:

Collaborate/Compromise

! Eager to contribute and make an impact

! All about fairness, equality

! Believe anything is possible if we work together, not alone

Loyalty

Work Style

Communication

Problem Solving

Technology

Company

Meeting

Thoughtful

Process

Annual

Adaptive

Fame

Career

Alone

Efficient

Result

Regular

Savvy

Fortune

Cause

Collaborate

Instant

Google

Daily

Dependent

Frequent Recognition

BOOMERS GEN X MILLENNIALS

Feedback

© 2014 GenerationsMatter ALL RIGHTS RESERVED.

Generational Mindsets @Work Differ

GENQ Assessment

"   10 minute online “test” of generational aptitude – measures how well you under-stand each generation

"   Engagement and

Development scores

ASSESS

Page 7: The Changing Workplace - Retail Merchants · 2016-11-16 · The Changing Workplace Today GenX Boomers Millennials 28 %26 46% % GenX Millennials Boomers 2020 22% 40% 38 Source: Bureau

GenerationsMatter 5/2/14

generationsmatter.com 7

LEARN

High (>70%)

Avg (50-70%)

Low (<50%)

Generations Overview

Engagement OR Development

Engagement OR Development

Engagement OR Development

Engagement & Development

Engagement & Development

Engagement & Development

LEARN

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