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Shift of the next generation. Key to unlock maximum potential of organizations in the coming years. Topics. Shift to the next generation Traits of the Millennials Difference Between Millennials and Other Generations Career View Difference Reward View Difference
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Shift of the next generation Key to unlock maximum potential of organizations in the coming years
Topics • Shift to the next generation • Traits of the Millennials • Difference Between Millennials and Other Generations • Career View Difference • Reward View Difference • Training and Development View Difference • Life View Difference • Feedback View Difference • General Drawback of New Generation • 5 Attributes of Future Workplace • Managing the new generation • Non-Traditional Career Paths • What not to do
Shift to the next generation • Technology • Globalization • Cross Culture • Environmental Change Millennials
Traits of Millennials • Connected & Tech-Savvy • Collaborative • Ambitious • Fearless • Embrace change • Hate bureaucracy • Yearn for mentors • Independent
Career View Difference Silent Build a Legacy Boomers Build a Stellar Career Generation X’ers Build a Portable Career Millennials Build Parallel Careers
Reward View Difference Silent Satisfaction of a job well done Boomers Money, title, recognition, the corner office Generation X’ers Freedom is ultimate reward Millennials Work that has meaning for me
Training and Development View Difference Silent I learned the hard way; you can do too Boomers Train them too much and they will leave Generation X’ers The more they learn, the more they stay Millennials Continuous learning is a way of life
Life View Difference Silent Support me in shifting the balance Boomers Help me balance everyone else and find meaning myself Generation X’ers Give me balance now, not when I’m sixty five Work isn’t everything; I need flexibility so I can balance all my activities Millennials
Feedback View Difference Silent No news is good news Boomers Feedback once a year but with lots of documentation Generation X’ers Sorry to interrupt but how am I doing? Feedback whenever I want it at the push of a button Millennials
General Drawback of New Generation • Grow Up in Congested Environment • Have Contaminated Food Habit • Self-Centered and Lonely • High Chance to be Introvert • Worry less about Physic and Physical Exercise
5 Attributes of Future Workplace • Collaborative • Non-Traditional Career Paths • Less Physical • Creative & Innovative • Expanded use of technology
Managing the new generation • Flexible Time • Mentoring Program • Encourage Feedback • Diversified Career Prospects • Be Transparent and clear • Pass Institutional Knowledge
By the year2025 75% Workers Globally Will Be Millennials
What NOT To Do • Detach them from technology • Underestimating the new generation • Giving them boring work • Putting them under strict office timing • Ignoring that change is happening