5. Today
• Define: Who is Gen Y
• Decipher: Why should we care about them?
• Discover: Their expectations
• Dispense with: Our generational biases
• Determine: How can you attract Gen Y to your
organisation
• Don’t Manage: Mentor
• Develop: Harness the power of a Gen Y team member
6. Define
• Straus/Howe - 1993
• Most analysed generation to date
• Globally will be most skilled work force in
history
• Gen Y statistically 1982 – 1998
• Represents 24% of the workforce currently
7.
8. Decipher – Why should you care?
Fact, Fiction or should
we just get back to work?
W. Stanton Smith
Principal, National Director,
Next Generation Initiatives
Talent, Deloitte LLP
Globally 10,000 Boomers retiring a
day for the next 10 years!
9. What do they bring to the table?
• Use of technology to serve business/world
• Thrive on change
• Knowledge – the hard drive is full
• Greater efficiency – innovation
• How work is done *work week
• Speed of execution
• Social conscious
10. Different frequencies!
• Use of technology to serve business - lazy
• Thrive on change – can’t stick to a plan
• Knowledge transfer – not competent
• Flatter organisations – don’t like authority
• How work is done *work week – see #1
• Speed of execution – snap decision makers
• Social conscious – should focus on work
13. Dispense with Generational Biases
Difference
(dissimilar or unlike)
or
Deference
(expression of regard or respect)
14. Dispense with biases
Events and Activities that expose biases:
• “Innerviews”
• Psychological Contract
• Johari Window exercises
• Team events -discovery elements
• Two way mentoring
15. Determine- “The Law of Attraction”
SHRI Report – 27% of working Gen Y haven’t identified their
career of choice
6 in 10 employed Millennials say they have already switched
careers at least once
About 60% of Gen Y workers say it is not very likely they will
stay
62% of Generation X workers say it’s likely they will never leave their current employer
84% of Baby Boomers expect to remain with their current employer
Only 1/3 of Millennials say their current job is their career
Driven by “fit”
19. Who does Gen Y listen to?
• In this order:
• 1. Generation Y
• 2. Generation X
• 3. Traditionalists
• 4. GI’s
• 5. Baby Boomers
» Millenial Leaders Presentation
20. Develop: There are gaps……
• Problem Solving
• Judgement/Decision Values
Attitude
Professionalism
Diversity
Leadership
Teamwork
Making Stress Decision Change Interpersonal
External Customer
Management Making Management Skills
• Workplace Awareness Experience
Initiative Influence Adaptability
Communications Communications Vision Accountability
• “Collision Avoidance”
Management Human Results
Conflict Creative Resource
Customer Controls Oriented
Thinking
Resolution Acquisition Management
• Leadership
• Actual Experience
21. Development in Real Time
– Frequent check ins on performance
– Use PRD’s to communicate outcomes
and standards – not only “responsibilities”
– Development plan co created and executed
– Unstructured development time (a la Google) 70-20-10
– Create opportunities for transfer of tribal knowledge
through non-traditional methods (gaming, self paced, live
on line etc)
22. Continuous Engagement
• Proximity to the Need
– Dedicated resources to this area – Gen Y project team etc
– Electronic means for input, collaboration (FB, communities)
– Frequent check ins – check pulse
– Keep it simple and …..human
– Use 360 style of instruments to identify and
communicate needs
23. Relationships
• Foster trust
• Healthy open relationships
• Transparent leadership
• Pair with strong performing
Gen X or Jones
• Open work environment
24. Continuous Engagement
• How work is done……..FWA or WTO
– Career progression
– Capacity
– Location
– Schedule
– Role
25. Your Gen Y Execution Plan
• 3 R`s
– Reminded
– Renewed
– Recognized
• Move from idea to implementation…now
Notes de l'éditeur
OpenHow many have attended a Gen Y sessionReadBeen to too manyJust here to get out of the office……Just want to be more knowlegable than the rest of the office
OpenHow many have attended a Gen Y sessionReadBeen to too manyJust here to get out of the office……Just want to be more knowlegable than the rest of the office
Coming up on our 100th year anniversary – USPInteresting perspective of dealing with every generation and multi generations during that time……The good news is that no matter how we try to complicate this….and believe me we have…….this is still a human interaction
Decoding the difference
Who has Gen Y employeeWho is Gen Y
First point of conflict…..you don’t get to have expectations- you earn them!!!!!
Reviewing the list – you reacted based on your generational biasHuman reaction