Insurers' journeys to build a mastery in the IoT usage
Multi generations
1. Community Futures
Past Present & Future
Working with a Multi-Generational
Workforce
ASPECT 2010 Workshop
Dawn McCooey
McCooey Consulting Group Inc.
Thanks to Community Futures &
Women’s Enterprise Centre
2. Community Futures
Why is this important?
• Baby Boomer exodus between 2005-2020
• Birthrate in Canada
• Price of employee turnover
• Pressure on employers
4. Community Futures
Veterans
Matures, Elders, Silent Generation
– Born between 1922 and 1945
– Regimented lives, rules, authority
– Value sacrifice, dedication and conformity
– Men went to work – women stayed home
6. Community Futures
Veterans – Work Style
– “Work First” Generation
– Respect for hierarchy, command management
– Lifetime commitment with gold watch
retirement
– Limited patience
7. Community Futures
Baby Boomers
– Born between 1946 and 1964
– Value commitment, loyalty and dedication
– The original “ME” Generation – largest age
cohort
– Original entrepreneurs
9. Community Futures
Boomers – Work Style
– “Live to Work” Generation
– Job is part of their identity
– Loyal, sacrifice for the company
– Advancement based on loyalty and hard work
verses seniority
10. Community Futures
Generation X
Baby Busters, X-ers
– Born between 1965 and 1978
– Original “latchkey” and “ping pong” kids
– Encouraged to find a job they ‘enjoyed’
– Technologically adept, fine with change
– Value education, very independent
12. Community Futures
Generation X – Work Style
– “Work to Live” Generation
– Value work-life balance, diversity and
individualism
– Look to be creative, want tangible results
– Self sufficient and entrepreneurial
14. Community Futures
Generation Y
– Value self-expression vs. self control
– Hold very close relationships with family and
friends
– Demand respect, loyal to causes and people
– Highly educated, tolerant, accept and value
diversity
19. Community Futures
Generation Y – Work Style
– “Live Then Work”
– Exceptional multi-taskers
– Want flexibility (dress code, work hours, etc.)
– Strong sense of entitlement
– Want challenging, meaningful work
– Loyal to people, not organizations
– Do not want work that defines who they are
– Boredom is their archenemy – want “fun”
20. Community Futures
Common Assumptions
• “They Have No Loyalty”
• “They Don’t Want to Pay Their Dues to
Get to the Top”
• “They Dress Inappropriately”
• “They Need Constant Praise”