SlideShare a Scribd company logo
1 of 5
Download to read offline
Leading Across Generations: Are You Ready?
Rex Gatto Ph.D., BCC
What does it mean to work with a generation? What is a generation? A generation is generally
understood as people who were born in a similar time frame, who have experienced similar life
situations, share similar views, attitudes and maybe values which differ from other generations.
Great events, traumatic events and unique situations define our experiences and alter out
thoughts, feelings and behaviors. Examples of such accounts can include WWI, Depression,
bombing of Pearl Harbor, WWII, Korean War, Polio vaccination, assassinations of the Kennedys
and King, Walk on the Moon, Vietnam War, computer revolution, Twin Towers, shootings in
schools, Super bowls, Presidential elections, special New Year’s Eve parties and so on. My
grandmother grew up in the depression and was concerned about such things as lights being on
in a room that no one was in and running the water full blast – and to me, these seem
inconsequential, even trivial. The events such as those listed above can influence us in positive
and negative ways and in the way we think about other nationalities and religions, the workplace,
values on how we parent, use of technologies, education, the value we place on others, and even
how we try to protect ourselves.
I remember a time when a traveler could walk through an airport leisurely to get to the gate just
in time to board a plane. I remember a time when teachers would hand out mimeograph paper
tests, when typewriters had a ball, answering machines had tapes, Kodak cameras were used and
children learned to write in cursive with a pencil. These are all the things today’s children will
not likely experience. Change is occurring quickly and technology is replacing workers and those
that remain are required to have new skill sets.
Definitions of The Five Generations
The following are the five generations in the workplace that overlap or will do so in the
workplace.
Traditionalist Characteristics
(Also called the Silent Generation)
(1922-1945)
2% of the work force
• Respect for rules/authority
• Conformity
• Loyal
• Hard worker
• Dedicated/disciplined
• Frugal
Boomer Characteristics
(Parents primarily Traditionalists)
(1946-1964)
29% of the work force
• Personal gratification
• More conventional
• Competitors/innovators
• Silent generation/individualism
• Optimism
• Workaholics/achievement driven
Generation X Characteristics
(Parents primarily Boomers)
(1965-1980)
34% of the work force
• Entrepreneurs/autonomy
• Self-reliant/productive
• Realist
• Fun
• Informal/adaptable
• Results oriented
Generation Y Characteristics
(Also called the Millennial Generation)
(Parents primarily Boomers and Gen Y)
(1981-1997)
34% of the work force
• Achievement oriented
• Socially conscience
• Optimistic
• Confident/comfortable with change
• Respect for Diversity
• Tech Savvy
Generation Z Characteristics
(Parents primarily Gen Y and Gen X)
(1995 - present)
1% of the work force
• Homeland generation
• Tech savvy
• Creative/Socially connected
• Collaborative
• Not in the workforce
(Labor Force Composition by Generation, Pew Research Center
May 11, 2015, pweresearch.org)
When we arrive at the year 2020, the above five generations will be working together. We will
have an aging workforce with Gen Z arriving and wanting in to work with the other four
generations. We need to understand each generation to better recruit, develop, and retain our
multi-generational talent pool.
Who will be our leaders in 2020? Who will be running for office and how many companies will
go the way of the Kodak Camera, typewriters, and encyclopedia? What can we do to prepare for
the five generations in the workplace? First, we must know the style of leadership each group
will have.
Generational styles of leadership:
Traditionalist:
• Top-down management; follow the military chain of command
• Motivated by quiet feedback and their experiences; save money
• Statement: your experience is respected here
Boomers:
• Census management and micromanage
• Motivated by perks and titles; spend money
• Statement: you are important to our success
Generation X:
• Competence is very important
• Motivated by control of time, individual recognition, challenge, and flexibility
• Statement: Do it your way
Generation Y:
• Inclusive
• Motivated by hardworking coworkers; appreciate concrete and specific recognition
• Statement: you will be working with other bright and creative people.
Generation Z
• Discussing what they want and need
• Motivated by: getting what they want and newest technology
• Statement: Do you have everything you need?
“Each generation imagines itself to be more intelligent than the one that went before it, and
wiser than the one that comes after it.”
George Orwell, 1903-1950
Are You Ready?
The leadership challenge for each of us is to be ready for what is coming. Are you ready? We
can look at some predictions for the future and these can give us some ideas of the multiple
changes ahead, not only in the workplace, but in our own lives as well. Equipped with the
knowledge of what most likely be coming will allow you to prepare and be ready for change.
In the workplace, customers will continue to demand faster, quicker, and more innovative
products, delivery modes, and services (i.e. cars that drive themselves, drone delivery, and
phones that will store and compile all data and give medical/mental health reports to doctors
miles away). This, in turn, will create continual change in the workplace: if workers are not able
to constantly change, they will be passed by and not be able to compete. Each day will need a
WOW factor, routine will be a way of the past and more people will work from home creating a
virtual workplace. This will drive competition to new levels: innovation and technology will
compel people to be flexible and communicative leaders, capable of dealing with constant
change by being prepared for anything and realizing most of what has been learned is not enough
to be successful.
Leaders will need to understand that followership is much more important. Followers will be the
ones who drive the workplace and need to be served, recognized, and placated to achieve the
results needed to compete (all while the employees themselves demonstrate loyalty to developing
their own careers by hop-scotching from one job to another). Leaders and employees doing the
right things will be on a sliding scale to achieve profitability and economic drivers.
Are you ready for all of this? If you want to be a part of the future, you best get ready and
jump on board – the train is not stopping at the station for long!
Rex Gatto Ph.D., BCC
President
Gatto Associates LLC.
412 344-2277 (Office)
www.rexgatto.com
rex@rexgatto.com

More Related Content

What's hot

Generational Barriers to Communication
Generational Barriers to CommunicationGenerational Barriers to Communication
Generational Barriers to Communication
Denise Michael
 
Summary of VERGE (ethnographic futures framework devised by Richard Lum and M...
Summary of VERGE (ethnographic futures framework devised by Richard Lum and M...Summary of VERGE (ethnographic futures framework devised by Richard Lum and M...
Summary of VERGE (ethnographic futures framework devised by Richard Lum and M...
Wendy Schultz
 
Peter+Thiels+-+Stanford+Lecture
Peter+Thiels+-+Stanford+LecturePeter+Thiels+-+Stanford+Lecture
Peter+Thiels+-+Stanford+Lecture
theextraaedge
 
Katz Lecture: Outliers and the American Dream
Katz Lecture: Outliers and the American DreamKatz Lecture: Outliers and the American Dream
Katz Lecture: Outliers and the American Dream
CalMaritimeLibrary
 
Generations @ work
Generations @ workGenerations @ work
Generations @ work
thejstange
 

What's hot (19)

Team Building Across Generations
Team Building Across GenerationsTeam Building Across Generations
Team Building Across Generations
 
Can Baby Boomers & Generation Y Coexist in the Workplace? 08-20-10
Can Baby Boomers & Generation Y Coexist in the Workplace? 08-20-10Can Baby Boomers & Generation Y Coexist in the Workplace? 08-20-10
Can Baby Boomers & Generation Y Coexist in the Workplace? 08-20-10
 
The Multigenerational Workforce
The Multigenerational WorkforceThe Multigenerational Workforce
The Multigenerational Workforce
 
"Outliers" - Malcolm Gladwell Book Review
"Outliers" - Malcolm Gladwell Book Review"Outliers" - Malcolm Gladwell Book Review
"Outliers" - Malcolm Gladwell Book Review
 
Generational Barriers to Communication
Generational Barriers to CommunicationGenerational Barriers to Communication
Generational Barriers to Communication
 
Summary of VERGE (ethnographic futures framework devised by Richard Lum and M...
Summary of VERGE (ethnographic futures framework devised by Richard Lum and M...Summary of VERGE (ethnographic futures framework devised by Richard Lum and M...
Summary of VERGE (ethnographic futures framework devised by Richard Lum and M...
 
Peter+Thiels+-+Stanford+Lecture
Peter+Thiels+-+Stanford+LecturePeter+Thiels+-+Stanford+Lecture
Peter+Thiels+-+Stanford+Lecture
 
Lenewee County Human Services: Generations
Lenewee County Human Services: GenerationsLenewee County Human Services: Generations
Lenewee County Human Services: Generations
 
eToro Startup & mgnt 2.0 course - Class 01 the challenge of the future
eToro Startup & mgnt 2.0 course - Class 01 the challenge of the futureeToro Startup & mgnt 2.0 course - Class 01 the challenge of the future
eToro Startup & mgnt 2.0 course - Class 01 the challenge of the future
 
Progress
ProgressProgress
Progress
 
Surfing the chaotic ocean
Surfing the chaotic oceanSurfing the chaotic ocean
Surfing the chaotic ocean
 
Working with and Managing Multiple generations
Working with and Managing Multiple generationsWorking with and Managing Multiple generations
Working with and Managing Multiple generations
 
Outliers
OutliersOutliers
Outliers
 
SciFi by Design Immersion
SciFi by Design ImmersionSciFi by Design Immersion
SciFi by Design Immersion
 
Katz Lecture: Outliers and the American Dream
Katz Lecture: Outliers and the American DreamKatz Lecture: Outliers and the American Dream
Katz Lecture: Outliers and the American Dream
 
A World in Transition
A World in TransitionA World in Transition
A World in Transition
 
Diversity, Equity & Inclusion - Who decides what's next?
Diversity, Equity & Inclusion - Who decides what's next?Diversity, Equity & Inclusion - Who decides what's next?
Diversity, Equity & Inclusion - Who decides what's next?
 
Generations @ work
Generations @ workGenerations @ work
Generations @ work
 
The myths of innovation
The myths of innovationThe myths of innovation
The myths of innovation
 

Similar to Leading Across Generations

MultiGenerational Workplace
MultiGenerational WorkplaceMultiGenerational Workplace
MultiGenerational Workplace
Careerminds
 
Working with differnent generations 7-8-13
Working with differnent generations   7-8-13Working with differnent generations   7-8-13
Working with differnent generations 7-8-13
Jennifer Atienzo-Fisher
 
Reaching across and between generations at work
Reaching across and between generations at workReaching across and between generations at work
Reaching across and between generations at work
Bernie McCann
 

Similar to Leading Across Generations (20)

Multigenerational Nonprofit Leadership: Not If But How
Multigenerational Nonprofit Leadership: Not If But HowMultigenerational Nonprofit Leadership: Not If But How
Multigenerational Nonprofit Leadership: Not If But How
 
MultiGenerational Workplace
MultiGenerational WorkplaceMultiGenerational Workplace
MultiGenerational Workplace
 
Surviving and thriving in a multi generational workplace - Wells County Leade...
Surviving and thriving in a multi generational workplace - Wells County Leade...Surviving and thriving in a multi generational workplace - Wells County Leade...
Surviving and thriving in a multi generational workplace - Wells County Leade...
 
Recruiting, Retaining and Engaging the Next Generation College Student
Recruiting, Retaining and Engaging the Next Generation College StudentRecruiting, Retaining and Engaging the Next Generation College Student
Recruiting, Retaining and Engaging the Next Generation College Student
 
Leadership Across Generations
Leadership Across GenerationsLeadership Across Generations
Leadership Across Generations
 
my new ppt.pptx regardless workplace difference
my new ppt.pptx regardless workplace differencemy new ppt.pptx regardless workplace difference
my new ppt.pptx regardless workplace difference
 
The technocrats and communications with other generations in the workplace
The technocrats and communications with other generations in the workplaceThe technocrats and communications with other generations in the workplace
The technocrats and communications with other generations in the workplace
 
Attracting Future Leaders : Lessons for the Kool-Aid Kids from the Red Bull C...
Attracting Future Leaders : Lessons for the Kool-Aid Kids from the Red Bull C...Attracting Future Leaders : Lessons for the Kool-Aid Kids from the Red Bull C...
Attracting Future Leaders : Lessons for the Kool-Aid Kids from the Red Bull C...
 
Generational values in organizationa behavior
Generational values in organizationa behaviorGenerational values in organizationa behavior
Generational values in organizationa behavior
 
Managing The New Generation Of IS Workers
Managing The New Generation Of IS WorkersManaging The New Generation Of IS Workers
Managing The New Generation Of IS Workers
 
Leading Millenials
Leading MillenialsLeading Millenials
Leading Millenials
 
Working with differnent generations 7-8-13
Working with differnent generations   7-8-13Working with differnent generations   7-8-13
Working with differnent generations 7-8-13
 
Working with Different Generations
Working with Different GenerationsWorking with Different Generations
Working with Different Generations
 
Reaching across and between generations at work
Reaching across and between generations at workReaching across and between generations at work
Reaching across and between generations at work
 
NABA Symposium - Managing Multiple Generations, Karl Ahlrichs
NABA Symposium - Managing Multiple Generations, Karl AhlrichsNABA Symposium - Managing Multiple Generations, Karl Ahlrichs
NABA Symposium - Managing Multiple Generations, Karl Ahlrichs
 
NABA SRSC - Multiple Generations in the Workplace, Karl Ahlrichs
NABA SRSC - Multiple Generations in the Workplace, Karl Ahlrichs NABA SRSC - Multiple Generations in the Workplace, Karl Ahlrichs
NABA SRSC - Multiple Generations in the Workplace, Karl Ahlrichs
 
Surviving and thriving in a multi generational workforce - june 8 2012
Surviving and thriving in a multi generational workforce - june 8 2012Surviving and thriving in a multi generational workforce - june 8 2012
Surviving and thriving in a multi generational workforce - june 8 2012
 
Working with differnent generations
Working with differnent generationsWorking with differnent generations
Working with differnent generations
 
Working with Different Generations
Working with Different GenerationsWorking with Different Generations
Working with Different Generations
 
Leadership Across Generations
Leadership Across GenerationsLeadership Across Generations
Leadership Across Generations
 

More from Gatto Associates, LLC.

7 Habits of Lousy Leaders
7 Habits of Lousy Leaders7 Habits of Lousy Leaders
7 Habits of Lousy Leaders
Gatto Associates, LLC.
 

More from Gatto Associates, LLC. (20)

5 ways loud mouth leaders are overshadowing today
5 ways loud mouth leaders are overshadowing today5 ways loud mouth leaders are overshadowing today
5 ways loud mouth leaders are overshadowing today
 
12 Tips to Create Followership
12 Tips to Create Followership12 Tips to Create Followership
12 Tips to Create Followership
 
15 Tips to Build Resilience
15 Tips to Build Resilience15 Tips to Build Resilience
15 Tips to Build Resilience
 
10 Coaching Tips to Develop People
10 Coaching Tips to Develop People10 Coaching Tips to Develop People
10 Coaching Tips to Develop People
 
Six Step Process to Creating Executive Presence
Six Step Process to Creating Executive PresenceSix Step Process to Creating Executive Presence
Six Step Process to Creating Executive Presence
 
5 Triumphs of Lousy Leaders
5 Triumphs of Lousy Leaders5 Triumphs of Lousy Leaders
5 Triumphs of Lousy Leaders
 
5 Secrets of Lousy Leaders
5 Secrets of Lousy Leaders5 Secrets of Lousy Leaders
5 Secrets of Lousy Leaders
 
What These 5 Systems Of The Body Can Tell Us About Organizations
What These 5 Systems Of The Body Can Tell Us About OrganizationsWhat These 5 Systems Of The Body Can Tell Us About Organizations
What These 5 Systems Of The Body Can Tell Us About Organizations
 
8 Leadership Tips for Millennials
8 Leadership Tips for Millennials8 Leadership Tips for Millennials
8 Leadership Tips for Millennials
 
3 Habits of Indecisive Leaders
3 Habits of Indecisive Leaders3 Habits of Indecisive Leaders
3 Habits of Indecisive Leaders
 
5 Traits of Ineffective Leadership
5 Traits of Ineffective Leadership5 Traits of Ineffective Leadership
5 Traits of Ineffective Leadership
 
5 Tips for Identifying Fake Leaders
5 Tips for Identifying Fake Leaders5 Tips for Identifying Fake Leaders
5 Tips for Identifying Fake Leaders
 
7 Habits of Lousy Leaders
7 Habits of Lousy Leaders7 Habits of Lousy Leaders
7 Habits of Lousy Leaders
 
Blueprint for Developing a Team
Blueprint for Developing a TeamBlueprint for Developing a Team
Blueprint for Developing a Team
 
Is Performance Appraisal: Salary Justification or Employee Development?
Is Performance Appraisal: Salary Justification or Employee Development? Is Performance Appraisal: Salary Justification or Employee Development?
Is Performance Appraisal: Salary Justification or Employee Development?
 
Too Many Meetings! Meetings, Meetings, and More Meetings?
Too Many Meetings! Meetings, Meetings, and More Meetings? Too Many Meetings! Meetings, Meetings, and More Meetings?
Too Many Meetings! Meetings, Meetings, and More Meetings?
 
Dealing with Workplace Anxiety
Dealing with Workplace AnxietyDealing with Workplace Anxiety
Dealing with Workplace Anxiety
 
How to Make Work-Life Balance Work for YOU
How to Make Work-Life Balance Work for YOUHow to Make Work-Life Balance Work for YOU
How to Make Work-Life Balance Work for YOU
 
How to Engage a Poor Performing Employee
How to Engage a Poor Performing EmployeeHow to Engage a Poor Performing Employee
How to Engage a Poor Performing Employee
 
Got a Toxic Boss
Got a Toxic BossGot a Toxic Boss
Got a Toxic Boss
 

Recently uploaded

Mental Health Issues of Graduate Students
Mental Health Issues of Graduate StudentsMental Health Issues of Graduate Students
Mental Health Issues of Graduate Students
vineshkumarsajnani12
 
NewBase 17 May 2024 Energy News issue - 1725 by Khaled Al Awadi_compresse...
NewBase   17 May  2024  Energy News issue - 1725 by Khaled Al Awadi_compresse...NewBase   17 May  2024  Energy News issue - 1725 by Khaled Al Awadi_compresse...
NewBase 17 May 2024 Energy News issue - 1725 by Khaled Al Awadi_compresse...
Khaled Al Awadi
 
Obat Aborsi Malang 0851\7696\3835 Jual Obat Cytotec Di Malang
Obat Aborsi Malang 0851\7696\3835 Jual Obat Cytotec Di MalangObat Aborsi Malang 0851\7696\3835 Jual Obat Cytotec Di Malang
Obat Aborsi Malang 0851\7696\3835 Jual Obat Cytotec Di Malang
Obat Aborsi Jakarta Wa 085176963835 Apotek Jual Obat Cytotec Di Jakarta
 
如何办理(SUT毕业证书)斯威本科技大学毕业证成绩单本科硕士学位证留信学历认证
如何办理(SUT毕业证书)斯威本科技大学毕业证成绩单本科硕士学位证留信学历认证如何办理(SUT毕业证书)斯威本科技大学毕业证成绩单本科硕士学位证留信学历认证
如何办理(SUT毕业证书)斯威本科技大学毕业证成绩单本科硕士学位证留信学历认证
ogawka
 
Presentation4 (2) survey responses clearly labelled
Presentation4 (2) survey responses clearly labelledPresentation4 (2) survey responses clearly labelled
Presentation4 (2) survey responses clearly labelled
CaitlinCummins3
 
obat aborsi bandung wa 081336238223 jual obat aborsi cytotec asli di bandung9...
obat aborsi bandung wa 081336238223 jual obat aborsi cytotec asli di bandung9...obat aborsi bandung wa 081336238223 jual obat aborsi cytotec asli di bandung9...
obat aborsi bandung wa 081336238223 jual obat aborsi cytotec asli di bandung9...
yulianti213969
 

Recently uploaded (20)

Mental Health Issues of Graduate Students
Mental Health Issues of Graduate StudentsMental Health Issues of Graduate Students
Mental Health Issues of Graduate Students
 
Most Visionary Leaders in Cloud Revolution, Shaping Tech’s Next Era - 2024 (2...
Most Visionary Leaders in Cloud Revolution, Shaping Tech’s Next Era - 2024 (2...Most Visionary Leaders in Cloud Revolution, Shaping Tech’s Next Era - 2024 (2...
Most Visionary Leaders in Cloud Revolution, Shaping Tech’s Next Era - 2024 (2...
 
NewBase 17 May 2024 Energy News issue - 1725 by Khaled Al Awadi_compresse...
NewBase   17 May  2024  Energy News issue - 1725 by Khaled Al Awadi_compresse...NewBase   17 May  2024  Energy News issue - 1725 by Khaled Al Awadi_compresse...
NewBase 17 May 2024 Energy News issue - 1725 by Khaled Al Awadi_compresse...
 
The Art of Decision-Making: Navigating Complexity and Uncertainty
The Art of Decision-Making: Navigating Complexity and UncertaintyThe Art of Decision-Making: Navigating Complexity and Uncertainty
The Art of Decision-Making: Navigating Complexity and Uncertainty
 
The Vietnam Believer Newsletter_May 13th, 2024_ENVol. 007.pdf
The Vietnam Believer Newsletter_May 13th, 2024_ENVol. 007.pdfThe Vietnam Believer Newsletter_May 13th, 2024_ENVol. 007.pdf
The Vietnam Believer Newsletter_May 13th, 2024_ENVol. 007.pdf
 
Home Furnishings Ecommerce Platform Short Pitch 2024
Home Furnishings Ecommerce Platform Short Pitch 2024Home Furnishings Ecommerce Platform Short Pitch 2024
Home Furnishings Ecommerce Platform Short Pitch 2024
 
A DAY IN THE LIFE OF A SALESPERSON .pptx
A DAY IN THE LIFE OF A SALESPERSON .pptxA DAY IN THE LIFE OF A SALESPERSON .pptx
A DAY IN THE LIFE OF A SALESPERSON .pptx
 
Navigating Tax Season with Confidence Streamlines CPA Firms
Navigating Tax Season with Confidence Streamlines CPA FirmsNavigating Tax Season with Confidence Streamlines CPA Firms
Navigating Tax Season with Confidence Streamlines CPA Firms
 
Obat Aborsi Malang 0851\7696\3835 Jual Obat Cytotec Di Malang
Obat Aborsi Malang 0851\7696\3835 Jual Obat Cytotec Di MalangObat Aborsi Malang 0851\7696\3835 Jual Obat Cytotec Di Malang
Obat Aborsi Malang 0851\7696\3835 Jual Obat Cytotec Di Malang
 
如何办理(SUT毕业证书)斯威本科技大学毕业证成绩单本科硕士学位证留信学历认证
如何办理(SUT毕业证书)斯威本科技大学毕业证成绩单本科硕士学位证留信学历认证如何办理(SUT毕业证书)斯威本科技大学毕业证成绩单本科硕士学位证留信学历认证
如何办理(SUT毕业证书)斯威本科技大学毕业证成绩单本科硕士学位证留信学历认证
 
WheelTug Short Pitch Deck 2024 | Byond Insights
WheelTug Short Pitch Deck 2024 | Byond InsightsWheelTug Short Pitch Deck 2024 | Byond Insights
WheelTug Short Pitch Deck 2024 | Byond Insights
 
SCI9-Q4-MOD9.pdfetiwtitw3i3uu45w5wtitwjt
SCI9-Q4-MOD9.pdfetiwtitw3i3uu45w5wtitwjtSCI9-Q4-MOD9.pdfetiwtitw3i3uu45w5wtitwjt
SCI9-Q4-MOD9.pdfetiwtitw3i3uu45w5wtitwjt
 
Presentation4 (2) survey responses clearly labelled
Presentation4 (2) survey responses clearly labelledPresentation4 (2) survey responses clearly labelled
Presentation4 (2) survey responses clearly labelled
 
Pay after result spell caster (,$+27834335081)@ bring back lost lover same da...
Pay after result spell caster (,$+27834335081)@ bring back lost lover same da...Pay after result spell caster (,$+27834335081)@ bring back lost lover same da...
Pay after result spell caster (,$+27834335081)@ bring back lost lover same da...
 
obat aborsi bandung wa 081336238223 jual obat aborsi cytotec asli di bandung9...
obat aborsi bandung wa 081336238223 jual obat aborsi cytotec asli di bandung9...obat aborsi bandung wa 081336238223 jual obat aborsi cytotec asli di bandung9...
obat aborsi bandung wa 081336238223 jual obat aborsi cytotec asli di bandung9...
 
Mastering The Art Of 'Closing The Sale'.
Mastering The Art Of 'Closing The Sale'.Mastering The Art Of 'Closing The Sale'.
Mastering The Art Of 'Closing The Sale'.
 
How Bookkeeping helps you in Cost Saving, Tax Saving and Smooth Business Runn...
How Bookkeeping helps you in Cost Saving, Tax Saving and Smooth Business Runn...How Bookkeeping helps you in Cost Saving, Tax Saving and Smooth Business Runn...
How Bookkeeping helps you in Cost Saving, Tax Saving and Smooth Business Runn...
 
Unlocking Growth The Power of Outsourcing for CPA Firms
Unlocking Growth The Power of Outsourcing for CPA FirmsUnlocking Growth The Power of Outsourcing for CPA Firms
Unlocking Growth The Power of Outsourcing for CPA Firms
 
Goal Presentation_NEW EMPLOYEE_NETAPS FOUNDATION.pptx
Goal Presentation_NEW EMPLOYEE_NETAPS FOUNDATION.pptxGoal Presentation_NEW EMPLOYEE_NETAPS FOUNDATION.pptx
Goal Presentation_NEW EMPLOYEE_NETAPS FOUNDATION.pptx
 
wagamamaLab presentation @MIT 20240509 IRODORI
wagamamaLab presentation @MIT 20240509 IRODORIwagamamaLab presentation @MIT 20240509 IRODORI
wagamamaLab presentation @MIT 20240509 IRODORI
 

Leading Across Generations

  • 1. Leading Across Generations: Are You Ready? Rex Gatto Ph.D., BCC What does it mean to work with a generation? What is a generation? A generation is generally understood as people who were born in a similar time frame, who have experienced similar life situations, share similar views, attitudes and maybe values which differ from other generations. Great events, traumatic events and unique situations define our experiences and alter out thoughts, feelings and behaviors. Examples of such accounts can include WWI, Depression, bombing of Pearl Harbor, WWII, Korean War, Polio vaccination, assassinations of the Kennedys and King, Walk on the Moon, Vietnam War, computer revolution, Twin Towers, shootings in schools, Super bowls, Presidential elections, special New Year’s Eve parties and so on. My grandmother grew up in the depression and was concerned about such things as lights being on in a room that no one was in and running the water full blast – and to me, these seem inconsequential, even trivial. The events such as those listed above can influence us in positive and negative ways and in the way we think about other nationalities and religions, the workplace, values on how we parent, use of technologies, education, the value we place on others, and even how we try to protect ourselves. I remember a time when a traveler could walk through an airport leisurely to get to the gate just in time to board a plane. I remember a time when teachers would hand out mimeograph paper tests, when typewriters had a ball, answering machines had tapes, Kodak cameras were used and children learned to write in cursive with a pencil. These are all the things today’s children will not likely experience. Change is occurring quickly and technology is replacing workers and those that remain are required to have new skill sets. Definitions of The Five Generations
  • 2. The following are the five generations in the workplace that overlap or will do so in the workplace. Traditionalist Characteristics (Also called the Silent Generation) (1922-1945) 2% of the work force • Respect for rules/authority • Conformity • Loyal • Hard worker • Dedicated/disciplined • Frugal Boomer Characteristics (Parents primarily Traditionalists) (1946-1964) 29% of the work force • Personal gratification • More conventional • Competitors/innovators • Silent generation/individualism • Optimism • Workaholics/achievement driven Generation X Characteristics (Parents primarily Boomers) (1965-1980) 34% of the work force • Entrepreneurs/autonomy
  • 3. • Self-reliant/productive • Realist • Fun • Informal/adaptable • Results oriented Generation Y Characteristics (Also called the Millennial Generation) (Parents primarily Boomers and Gen Y) (1981-1997) 34% of the work force • Achievement oriented • Socially conscience • Optimistic • Confident/comfortable with change • Respect for Diversity • Tech Savvy Generation Z Characteristics (Parents primarily Gen Y and Gen X) (1995 - present) 1% of the work force • Homeland generation • Tech savvy • Creative/Socially connected • Collaborative • Not in the workforce (Labor Force Composition by Generation, Pew Research Center May 11, 2015, pweresearch.org)
  • 4. When we arrive at the year 2020, the above five generations will be working together. We will have an aging workforce with Gen Z arriving and wanting in to work with the other four generations. We need to understand each generation to better recruit, develop, and retain our multi-generational talent pool. Who will be our leaders in 2020? Who will be running for office and how many companies will go the way of the Kodak Camera, typewriters, and encyclopedia? What can we do to prepare for the five generations in the workplace? First, we must know the style of leadership each group will have. Generational styles of leadership: Traditionalist: • Top-down management; follow the military chain of command • Motivated by quiet feedback and their experiences; save money • Statement: your experience is respected here Boomers: • Census management and micromanage • Motivated by perks and titles; spend money • Statement: you are important to our success Generation X: • Competence is very important • Motivated by control of time, individual recognition, challenge, and flexibility • Statement: Do it your way Generation Y: • Inclusive • Motivated by hardworking coworkers; appreciate concrete and specific recognition • Statement: you will be working with other bright and creative people. Generation Z • Discussing what they want and need • Motivated by: getting what they want and newest technology • Statement: Do you have everything you need? “Each generation imagines itself to be more intelligent than the one that went before it, and wiser than the one that comes after it.” George Orwell, 1903-1950
  • 5. Are You Ready? The leadership challenge for each of us is to be ready for what is coming. Are you ready? We can look at some predictions for the future and these can give us some ideas of the multiple changes ahead, not only in the workplace, but in our own lives as well. Equipped with the knowledge of what most likely be coming will allow you to prepare and be ready for change. In the workplace, customers will continue to demand faster, quicker, and more innovative products, delivery modes, and services (i.e. cars that drive themselves, drone delivery, and phones that will store and compile all data and give medical/mental health reports to doctors miles away). This, in turn, will create continual change in the workplace: if workers are not able to constantly change, they will be passed by and not be able to compete. Each day will need a WOW factor, routine will be a way of the past and more people will work from home creating a virtual workplace. This will drive competition to new levels: innovation and technology will compel people to be flexible and communicative leaders, capable of dealing with constant change by being prepared for anything and realizing most of what has been learned is not enough to be successful. Leaders will need to understand that followership is much more important. Followers will be the ones who drive the workplace and need to be served, recognized, and placated to achieve the results needed to compete (all while the employees themselves demonstrate loyalty to developing their own careers by hop-scotching from one job to another). Leaders and employees doing the right things will be on a sliding scale to achieve profitability and economic drivers. Are you ready for all of this? If you want to be a part of the future, you best get ready and jump on board – the train is not stopping at the station for long! Rex Gatto Ph.D., BCC President Gatto Associates LLC. 412 344-2277 (Office) www.rexgatto.com rex@rexgatto.com