what can social media teach us about managing generation y?
DESCRIPTION
Generation Y are changing the workforce like no generation before them. This presentation looks at how you can shape your organisation to engage this crucial group.TRANSCRIPT
What can social media teach us about managing Gen Y?
How do you view Gen Y?
Generation Y
Gen Y are:
� Lazy
� Selfish
� Demanding
� Cocky
� Self-absorbed
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%
How to approach managing Gen Y
Management styles
Providing feedback
Work/life balance
How they learn
Management styles
Gen Y Baby Boomers
Democratic Command and control
Flexible Rigidity
Non-linear Linear
Flat Hierarchical
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
Work/life balance
What do you believe in?
Blurring of work/life
Friendship and solidarity
Flexible working
Learning
Self directed
Mentoring
Collaborative
Informal
21st Century Management 3.0
FW Taylor’s 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?
Management 3.0
Openness
Meritocracy
Flexibility
Collaboration
Build an organisation fit forhuman beings
http://www.managers.org.uk/gen-y