managing four generations in the workplace

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Managing Four Generations in the Workplace By: Melissa Hawkins, Brenda Mummert, and Colleen Nestruck

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Managing Four Generations in the Workplace. By: Melissa Hawkins, Brenda Mummert , and Colleen Nestruck. The 4 Generations . Objectives. Why does it matter? What is a ”Generation” The Four Generations Characteristics Workplace Characteristics Managing Workplace Generations Whats to come - PowerPoint PPT Presentation

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Page 1: Managing Four Generations in the Workplace

Managing Four Generations in the Workplace

By: Melissa Hawkins, Brenda Mummert, and Colleen Nestruck

Page 2: Managing Four Generations in the Workplace

The 4 Generations

Page 3: Managing Four Generations in the Workplace

• Why does it matter?• What is a ”Generation”• The Four Generations• Characteristics• Workplace Characteristics• Managing Workplace Generations• Whats to come• Conclusion• Questions• References

Objectives

Page 4: Managing Four Generations in the Workplace

Managing Multiple GenerationsThe Effect on the Workplace

Get a life!He wants feedback,

what the heck is that?

They have no work ethic

It’s 5:00, I’m out of here!

You’re right, but I’m the boss!

Just do your job!

No!I remember when…

The kid wants a promotion after six months on the job!

Page 5: Managing Four Generations in the Workplace

• 1st time in history 4 generations in workplace at same time

• Different Work ethics• Different Values• = Conflict in the workplace

Why does it Matter?

Page 6: Managing Four Generations in the Workplace

“group of contemporaries: all of the people who were born at approximately the same time, considered as a group, and especially when considered as having shared interests and attitudes”.

(English Dictionary, 2011 )

What is a “Generation”?

Page 7: Managing Four Generations in the Workplace

The “4” Generations

• Generation “X”• Generation “Y” Millennial

• Baby Boomers• Veterans, Traditionalists, Silent, Matures

1922-1945

1946-1964

1965-1980

1981-2000

Page 8: Managing Four Generations in the Workplace

Characteristics

• Great Depression &WWII• Respect for authority• Conformers• Disciplined• Patriotic• Conservative

Veterans, Traditionalist, Silent, Matures (1922-1945)

Page 9: Managing Four Generations in the Workplace

• Nuclear Family• Education was a dream• Rotary Phones• Put cash away for later• Paid in cash• Delayed gratification• Duty, honor & country

Characteristics - (continued)Veterans, Traditionalist, Silent

Page 10: Managing Four Generations in the Workplace

CharacteristicsBaby Boomers (1946-1964)

• Civil Rights Movement • Vietnam War• Positive about the future• Involvement• Rebels• Hippies• Believed nothing was impossible

Page 11: Managing Four Generations in the Workplace

• Security Stability• Education was a birthright• Touch tone phones• Buy now, pay later

Characteristics - (continued)Baby Boomers

Page 12: Managing Four Generations in the Workplace

• Skeptical • Asks the question “why”• Living Life• Relaxed and casual• Economic downturn of the 80s/90s• Latch-key-kids• Raised in single Parent homes

CharacteristicsGeneration X (1965-1980)

Page 13: Managing Four Generations in the Workplace

• Education-a way to get there• Cell Phones• Cautious with money• Save, save, save• Looks toward the future

Characteristics – (continued)Generation X

Page 14: Managing Four Generations in the Workplace

• Practical understanding of life• Confident• Likes to have fun• Social• Merged families• September 11th

CharacteristicsGeneration Y (1981-2000)

Page 15: Managing Four Generations in the Workplace

• Education is expensive• Internet• Picture Phones• E-mail• Earn money to spend money

Characteristics – (continued)Generation Y “Millennial”

Page 16: Managing Four Generations in the Workplace

• Hard working• “Just git’er done”• Punctual & never miss work• Respect Authority• Obey Rules• Work before fun

Workplace CharacteristicsVeterans

Page 17: Managing Four Generations in the Workplace

• Workaholics• “Work-til-you-drop”• Personal fulfillment• Desire quality• Sacrifice personal life to achieve

professional goals• Work for 1 employer all their lives

Workplace CharacteristicsBaby Boomers

Page 18: Managing Four Generations in the Workplace

• Eliminate tasks• Self-reliant• Want structure and direction• Skeptical• Opt for quality of life instead of careers• Want to know “why”• See work as a challenge/contract

Work CharacteristicsGeneration X

Page 19: Managing Four Generations in the Workplace

• What’s next• Multitasking• Sticks firm to a decision• Goal oriented• Tolerant• See work as a means to an end

Work CharacteristicsGeneration Y

Page 20: Managing Four Generations in the Workplace

• Recruiting• Building Teams• Dealing with Change• Motivating• Managing• Maintaining and Increasing Productivity• Communication

Managing Multiple GenerationsThe Effect on the Workplace

Page 21: Managing Four Generations in the Workplace

• Veterans—Individual, one on one, formal memo• Baby Boomers—Loves meetings, in-person• Generation X—Initiates communication,

Electronic communication• Generation Y—Participative, Techno device-

texting

Managing Multiple GenerationsInteractive Style

Page 22: Managing Four Generations in the Workplace

• Veterans—Formal or memo’s• Baby Boomers—In person• Generation X—Direct or immediate• Generation Y—E-mail, Social media, voice

mail, and instant message

Managing Multiple GenerationsCommunication Style

Page 23: Managing Four Generations in the Workplace

• Veterans– Respect for

authority– Integrity– Delayed gratification– Duty & honor &

country

• Baby Boomers– Security & stability– Optimism – Hardworking– Team player

Managing Multiple Generations Generational Values

Page 24: Managing Four Generations in the Workplace

• Generation X– Family – Living life

• Generation Y– Connectivity – Respect diversity– Want to make a difference

Managing Multiple Generations Generational Values (continued)

Page 25: Managing Four Generations in the Workplace

• Veterans– No news is good news– Satisfaction is a job well done

• Baby Boomers– Don’t appreciate it– Wants money and Title Recognition

Managing Multiple GenerationsFeedback and Rewards

Page 26: Managing Four Generations in the Workplace

• Generation X– Constantly wants to know “how am I doing”?– Freedom is the best reward

• Generation Y– Gives feedback how ever they want– Wants feedback at the push of a button– Rewards come with meaningful work

Managing Multiple GenerationsFeedback and Rewards (continued)

Page 27: Managing Four Generations in the Workplace

• Veterans—need to hear that their experiences are respected!

• Baby Boomers—need to hear you are valued and needed!

• Generation X—wants to hear “do it your way”, “forget the rules”!

• Generation Y—needs to hear that they are bright and will work with others like them!

Managing Multiple GenerationsMessages that Motivate

Page 28: Managing Four Generations in the Workplace

• Create function & project oriented assignments• Watch your communication• Listen• Look beyond appearances• Keep an open mind• Deal with changing work/life expectations• Consider individual needs• Emphasize commonalities & strengths and use those

as resources• Honor each person’s contributions

How do you make Everyone Get Along?

Page 29: Managing Four Generations in the Workplace

What’s to come5-Generations in the workplace

• Know as Generation 9/11• Grown up with war• See things through a lens due to

9/11• View the world with less

optimism

Page 30: Managing Four Generations in the Workplace

• Not going to change because new generation will be entering work force

• People are living longer and working longer• To be successful businesses need to recognize

the strengths of each generation and use those to their advantages

Conclusion

Page 31: Managing Four Generations in the Workplace

Your Logo

Page 32: Managing Four Generations in the Workplace

Bloomberg Business Week. (2008). Generations in the Workplace. Retrieved from: http://www. Businessweek.com.

Brown, D. (2003). Understanding four generations in the workplace. Fort Worth Business Press, 16(25), 11. Retrieved from

EBSCOhost.

CPA Trendlines. (2010). Four Generations in the Workplace: Who Are They? What Do They Want? Retrieved from:

http://CPATrendlines.com.

De Meuse, K. P., & Mlodzik, K. J. (2010). A Second Look at Generational Differences in the Workforce: Implications for HR and

Talent Management. People & Strategy, 33(2), 50-58. Retrieved from EBSCOhost.

Generations: Moving Through Time. (Cover story). (2011). Clinician Reviews, 21(1), 1-26. Retrieved from EBSCOhost.

Hall, J. R. (2007). Understanding Employees Is a Generational Thing. Air Conditioning Heating & Refrigeration News, 230(10),

22. Retrieved from EBSCOhost.

Hammill, G. (2005) Mixing and managing four generations of employees. FDU Magazine Online. Retrieved from

http://www.fdu.edu/newspubs/magazine/05ws/generations.htm

Hastings, R. R. (2008). Silent Generation Speaks Up About Work. HRMagazine, 53(9), 30. Retrieved from EBSCOhost.

 

Herbison, G., & Boseman, G. (2009). Here They Come-Generation Y. Are You Ready?. Journal of Financial Service

Professionals, 63(3), 33-34. Retrieved from EBSCOhost.

 

 

References

Page 33: Managing Four Generations in the Workplace

Kyles, D. (2005). Managing Your Multigenerational Workforce. Strategic Finance, 87(6), 52-55. Retrieved from EBSCOhost.

Lesonsky, R. ( 2011, Februray 9). How to manage employees from every generation. Business Insider. Retrieved from

http://www.businessinsider.com/managing-different-generations-in-the-workplace-2011-2

Marshall, J. (2004). Managing Different Generations At Work. Financial Executive, 20(5), 18. Retrieved from EBSCOhost.

Murphy Jr., E. F., Gibson, J., & Greenwood, R. A. (2010). Analyzing Generational Values Among Managers and Non-Managers for

Sustainable Organizational Effectiveness. SAM Advanced Management Journal (07497075), 75(1), 33-55. Retrieved from

EBSCOhost.

Pekala, N. (2001). Conquering the GENERATIONAL DIVIDE. Journal of Property Management, 66(6), 30. Retrieved from

EBSCOhost.

Reinhardt, E. (2010). The challenge of managing a multigenerational work place. (cover story). Business Journal (Central New

York), 24(21), 1. Retrieved from EBSCOhost.

Timmermann, S. (2007). What a Difference a Generation Makes: How Our Life Experiences Shape Our Viewpoints and

Behaviors. Journal of Financial Service Professionals, 61(3), 25-28. Retrieved from EBSCOhost.

Townsend, J. (2011). Managing Generation Gaps in the Workplace. Baseline, (109), 14. Retrieved from EBSCOhost.

White, R. (2006). FOUR GENERATIONS LEARNING TO WORK BETTER TOGETHER. Public Management (00333611), 88(10),

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References continued