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The Millennials are Coming Department of Pathology Diversity Series Spring 2008

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The Millennials are ComingDepartment of Pathology Diversity Series

Spring 2008

We Will Discuss:

An overview of the unique characteristics and qattributes of each of the four generations in the workforce today

Understand what makes millennials unique

Recognize the strengths and weaknesses of this group

What are the implications for Pathology?p gy

The Millennials are Coming. . .and they are 80 million strong!

For the first time in history, h kf f

. . .and they are 80 million strong!

the workforce spans four generations ( eighty years). Businesses must recognize gand adapt to the varying expectations and behaviors of each of these groups witheach of these groups, with particular emphasis on Gen X and the Millennials (the

i )younger generations).

The Millennials are Coming. . .

Events and ExperiencesTraditionalists:Traditionalists:

1922 -1945

≥ 29 Stock Market Crash≥ Great Depression≥ Pearl Harbor - World War II≥ Korean War≥ Women leave the home

Events and ExperiencesBoomers:(1946 -1964)

Civil RightsBirth control pillsSexual RevolutionSexual RevolutionCold WarSpace travelAssassinationsAssassinationsVietnam

Gen Xers:

Events and ExperiencesGen Xers:

1965 - 1980

Fall of Berlin WallWomen’s LiberationDesert StormA & Ald iArmstrong & AldrinInternet goes onlineAssassinationsAssassinationsLayoffs, down sizingTerrorist attacksChild abuse

Mill i l

Events and ExperiencesMillennials:(1981 – 2000)

School shootingsSchool shootingsOklahoma CityTechnologyCDC first reports on AIDSClinton / LewinskyIBM – PCNintendoAIDS Vi id tifi dAIDS Virus identifiedLoss of civility & modestyGulf & Iraq warsGulf & Iraq wars

Veterans(1922 - 1945)

Baby boomers(1946 - 1964)

Generation X(1965 - 1980)

Millennials(1981 - 2000)

R f O i i S i i R liCore values Respect for authority

Discipline

Optimism

Involvement

Personal

Scepticism

Fun

Informality

Realism

Confidence

Extreme fun

Sacrifice gratificationy

Self-reliance Social

Diversity

Family Traditional Disintegrating Latch-key kids Merged Family d

Nuclear

g g y d g dfamilies

Education A dream A birthright A way to get there

An incredible expensethere expense

Communication media

Rotary phones

Touch-tone phones

Cell phones

Call me only at

Internet

Picture phonesOne-on-one

Write a memo

Call me anytime

ywork

Technoliteracy

p

E-mail

Tech savvy

Dealing with money

Put it away

Pay cash

Buy now, pay later

Cautious

Conservative

Save, save, save

Earn to spend

WORKPLACE CHARACTERISTICS

Veterans(1922 - 1945)

Baby boomers(1946 - 1964)

Generation X(1965 - 1980)

Millennials(1981 - 2000)(1922 1945) (1946 1964) (1965 1980) (1981 2000)

Interactive style

Individual Team player

Loves to have i

Entrepreneur

Poor people skills

Participative

Poor people killmeetings skills

Comm’n Formal

Memo

In person Direct

Immediate

E-mail

Voice mail

Feedback and rewards

No news is good news

Don’t appreciate it

Money

Sorry to interrupt, but how am I doing?

Whenever I want it, at the push of a button

Satisfaction in a job well done

Money

Title recognitive

g

Freedom is the best reward

Meaningful work

M Y Y l d D i Will k i hMessages that motivate

Your experience is respected

You are valued

You are needed

Do it my way

Forget the rules

Will work with other bright, creative people

Work and family life

Ne’er the twain shall meet

No balance

Work to live

Balance Balance

WORKPLACE CHARACTERISTICS

Veterans(1922 - 1945)

Baby boomers(1946 - 1964)

Generation X(1965 - 1980)

Millennials(1981 - 2000)(1922 1945) (1946 1964) (1965 1980) (1981 2000)

Work ethics and values

Hard work

Respect authority

Workaholics

Work efficiently

C di

Self-reliance

W

What’s next

Multitasking

E i lvalues authority

Sacrifice

Duty

Crusading causes

Personal fulfilment

Want structure and direction

Entrepreneurial

Tolerant

Goal oriented, Adhere to rules

National pride

Desire quality

Question authority

Loyal to boss –not company

but not always focused

Volunteerism

Work is… An obligation An exciting adventure

A difficult challenge

A contract

A means to an end

FulfilmentA contract Fulfilment

Leadership style

Directive

Command and control

Consensual

Collegial

Everyone is the same

Challenge others

*TBD

control Challenge others

Ask why* As this group has not spent much time in the workforce, this characteristic has yet to be determined.

Generational Interaction: An Example

Traditionalists and Boomersmay have a tendency not tomay have a tendency not toquestion or challengeauthority or the status quoauthority or the status quo.This may cause confusion

d t t thand resentment among theXers and Millennials whoh b h khave been taught to speakup.

Generational Interaction: An ExampleXers and Millennials whoXers and Millennials whohave had different lifeexperiences andexperiences andcommunicate with peoplediff tl f il tdifferently, may fail toactively listen to Boomers

d T di i liand Traditionaliststhereby missing valuableinformation and guidance.

Assets and Liabilities

Assets: Liabilities:

stable, detail oriented, inept with ambiguity & change,

Traditionalistthorough, loyal, hard working

p g y greluctant to buck the system, uncomfortable with conflict

Boomers

team players, willing to do what’s necessary to get the job done

spenders, less comfortable going against peers, less willing to give feedback & sensitive in receiving feedback

X

adaptable, technoliterate, independent, unintimidated by

impatient, poor people skills, inexperienced, cynical, unrealistic

Xersp , y

authority, creativep , y ,

expectations, change jobs q12-18 months

collective action, optimism, need for supervision and structure,

Millennials

, p ,heroic spirit, multitasking capabilities, technological savvy

p ,inexperience – especially with handling difficult people issues, will not accept pay your dues mentality

Each group has its own distinct characteristics, values, and attitudes toward work, based on its generation’s life experiences. To successfully integrate

these diverse generations into the workplace, Pathology will need to embrace radical changes in recruitment, retention, and creating a

department culture that actively demonstrates respect and inclusion for its p y pmultigenerational work force.

What are the implications for Pathology:What are the implications for Pathology:

Recruitment

Retention

Rewards