Managing the Big 5

Lyndi Zavy

Objectives

• Understand the demographics of the 5 generations
• Discuss the viewpoints, values and work styles of the 5 generations
• Discover what Generation Z wants at work
• Understand how to leverage differences to work together

Think about someone younger

Disclaimer

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What Makes a Generation?

• Formative events
• Collective memory
• Demography shifts affecting resources
• Mentors and leaders

Veterans/Silent/Greatest Generation

• Born 1922-1945
• 2% of workforce
• Defining moments: WWII, Great Depression

Baby Boomers

• Born 1946-1964
• 29% of workforce
• Defining moments: JFK, Civil & Women's Rights

Generation X

• Born 1965-1980
• 34% of workforce
• Defining moments: AIDS, Challenger Incident
• Increasing comfort with technology

Millennials/Generation Y

• Born 1981-1996
• 34% of workforce
• Defining moments: April 19th, September 11th
• Technology in pre-K

Generation Z

• Born 1997-2010
• 1% workforce
• Defining moments: 2008 recession, Obama's presidency
• True digital natives

What do you wish

First time in history

Why the Buzz on Y?

Just when you thought it was safe...

72.8 million Strong

5 Things to Know

• Raised by Gen-X Parents in Great Recession
• Millennials they are not
• FOMO
• Customized lives
• Independent

Disrupting Education

• 61% want to know what they want to do before pursuing college
• Concerned about paying
• Want to see a connection between learning and earning
• Traditional degree paths don't fit
• Sage on a stage to guide on the side

Gen Z at Work

Recruiting

• Money and job security are top on the list
• Looking for multiple career paths
• Hyper-customized roles
• "Who works 9-5 anymore?"

Retention

• Support the side hustle
• Listen to their ideas
• Looking for long-term careers
• Face-to-face communication is back!

Now What?

Leveraging Our Differences

Common Values

• Feeling respected
• Being heard
• Opportunities for mentoring
• Understanding the big picture
• Effective communication
• Positive feedback
• Exchanging ideas

Generation or Lifecycle?

Questions?

Thank You