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WBN Conference Presentation: Millennials in the Workplace

All about coaching Millennials.

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WBN Conference Presentation: Millennials in the Workplace

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  1. Warren Wright Millennials in the Workplace

  2. Millennials in the Workplace

  3. Millennials by the Numbers • Born in the 1980’s and 1990’s • U.S. Population = 100 million • 32% of U.S. population/ 25% of workforce • Most ethnically diverse generation • Most education generation in U.S. history • Risk behaviors lowest on record

  4. What Boomers Think of Millennials “I view them favorably” 68% 32%

  5. Through the Generations… • Existing generations view the incoming generation negatively. • They never live up to their expectations.

  6. What They Said… ABOUT BOOMERS ABOUT Generation X • Spoiled • Disrespectful • Entitled • Not Polite • Intellectual Arrogance • Social Immaturity • Slackers • Wasted • Dangerous • Shocking On The Outside • Unknowable On The Inside

  7. “Every 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

  8. Why Generations Matter 72 % 72% of employees surveyed say generational differences pose challenges

  9. Independent Agents & Brokers

  10. The Baby Boomer • 1943 – 1960 • 53 – 70 years old

  11. Coming of Age in 1960’s and 1970’s

  12. Boomers Change Agents http://www.youtube.com/watch?v=Og2kQifwe-A • Change Agents • Focus of Attention • Challenge Rules/Authority • Work-Focused

  13. Boomers • Change Agents • Focus of Attention • Challenge Rules/Authority • Work-Focused

  14. Boomers • Change Agents • Focus of Attention • Challenge Rules/Authority • Work Focused

  15. Boomers • Change Agents • Focus of Attention • Challenge Rules/Authority • Work-Focused

  16. Boomers – Attitude towards work Work-Centric

  17. Generation X • 1961 – 1981 • 32 – 52 years old

  18. Coming of Age in 1980’s and 1990’s

  19. GenX Ignored http://www.youtube.com/watch?v=CK2Btk6Ybm0 • Ignored • Survivors • Rule Avoidance • Pragmatic • Cynical

  20. Brief Chronology of the “Evil-Child” Movie Era 1964 Children of the Damned 1968 Rosemary’s Baby 1973 The Exorcist 1974 It’s Alive! 1976 Look What’s Happened to Rosemary’s Baby 1976 The Omen 1976 Carrie 1977 Exorcist II: The Heretic 1978 It Lives Again 1978 Damien—Omen II 1978 Halloween 1980 The Children 1981 The Final Conflict 1981 Halloween II 1984 Firestarter 1984 Children of the Corn

  21. GenX Survivors http://www.youtube.com/watch?v=MQQnSEWSfgA • Ignored • Survivors • Rule Avoidance • Pragmatic • Cynical

  22. GenX • Ignored • Survivors • Rule Avoidance • Pragmatic • Cynical Rule Avoidance http://www.youtube.com/watch?v=_IwzZYRejZQ

  23. GenX • Ignored • Survivors • Rule Avoidance • Pragmatic • Cynical

  24. GenX • Ignored • Survivors • Rule Avoidance • Pragmatic • Cynical

  25. GenX – Attitude towards work • Work is means to an end • Work to Live • Free Agent/independent Work-Life Balance

  26. The Millennials • 1982 – 2004 • 9-31 years old

  27. Coming of age in the 2000’s

  28. Examples of Child Protection Policies Since 1982 • child restraint & helmet rules • “child-proof” homes • blanket Medicaid coverage • school vaccination checks • “youth rules” in the workplace • V Chips • Zero Tolerance rules at school • video game ratings • Megan laws • Amber Alerts • “graduated” auto licenses • “cops in shops” • dragnets for “dead-beat” dads • urban curfews • “safe place” havens for kid • drug-free zones near schools

  29. High School and College-Aged YouthTrend in Last 15 Years • unstructured free play, hours per week DOWN • sleep, hours per week DOWN • age at which career choices are made DOWN • temp work for pay, hours per week DOWN • homework, hours per week UP • intend to go to 4-year college, share of total UP • admission standards, at typical college UP • tuition & debt, relative to family income UP • first job via internship, share of total UP

  30. Millennials • Special • Sheltered • Confident • Team-oriented • Achieving

  31. Millennials • Special • Sheltered • Confident • Team-oriented • Achieving Sheltered http://www.youtube.com/watch?v=VCq1Hg2OlJg

  32. Millennials • Special • Sheltered • Confident • Team-oriented • Achieving Confident http://www.youtube.com/watch?v=42E2fAWM6rA

  33. Millennials • Special • Sheltered • Confident • Team-oriented • Achieving

  34. Millennials • Special • Sheltered • Confident • Team-oriented • Achieving

  35. Winning Words in the National Spelling Bee • in 1950s: vignette, catamaran • in 1970s: croissant, vouchsafe • in 1980s: milieu, luge • from 2003-2013: succedaneum, prospicience, pococurante,appoggiatura, autochthonous, Ursprache,serrefine, guerdon, Laodicean, stromuhr

  36. Millennials: Two Universal Truths Clue: It’s different than other generations Relationship with Work Relationship with Authority

  37. Relationship with Work Work-Life Integration

  38. 2001 2010 College Senior List of “Ideal Employers” • 3M • Amazon • Accenture • IBM • Walt Disney • Microsoft • Cisco Systems • BMW • Abbot Labs • Dreamworks Google Walt Disney Apple U.S. Dept. of State FBI Teach for America Peace Corps NASA PricewaterhouseCoopers Ernst & Young

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