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Gen Y 2.0 Celebrating our First Globals

Celebrate the rise of the First Globals - the tech-savvy, family-centric, and achievement-oriented individuals shaping the digital era. This generation values real-time feedback, international job opportunities, and work-life balance. Discover their impact on society, economy, and culture, from diverse demographics to their entrepreneurial spirit. Join the conversation on redefining work, leisure, and relationships in the age of technology. Embrace the future with these forward-thinking individuals leading the way!

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Gen Y 2.0 Celebrating our First Globals

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  1. Gen Y 2.0Celebrating our First Globals Renée Downey Hart, PhD Professor of Practice Le Moyne College

  2. Oh, these kids today! “These children now love luxury; they have bad manners, contempt for authority; they show disrespect for their elders and love chatter in the place of exercise… They contradict their parents and tyrannize their teachers.”

  3. Oh, these kids today! “These children now love luxury; they have bad manners, contempt for authority; they show disrespect for their elders and love chatter in the place of exercise… They contradict their parents and tyrannize their teachers.”

  4. “…the latter-day cult of individualism; the worship of the brazen calf of the Self."

  5. August 23, 1976

  6. “… There they are, those preening narcissists who have to document every banal moment with their cutting-edge communications technology.”

  7. “They crave entertainment, but their attention span is as short as one zap of a TV dial… They postpone marriage because they dread divorce."

  8. Hamlet had a Blackberry? Remember thee? Ay, thou poor ghost, While memory holds a seat In this distracted globe….

  9. So let’s talk Context

  10. We worked 10 hours more per week on average in 2014 than in 2000 • Why? • “Back in the day” HOME LEISURE WORK

  11. Today LEISURE WORK LEISURE WORK LEISURE LEISURE HOME WORK WORK WORK LEISURE WORK LEISURE LEISURE HOME HOME HOME WORK LEISURE LEISURE HOME HOME HOME HOME WORK WORK HOME HOME HOME HOME WORK WORK WORK WORK WORK LEISURE LEISURE LEISURE WORK WORK

  12. Redefining…. • Friends • Work • Privacy • Accessibility • Fun • Self?

  13. Task vs. Time

  14. Continuous Partial Attention • Skimming the surface of the incoming data • Picking out the relevant details • Moving on to the next stream. • You cast a wider net • But are you really studying the fish?

  15. More facts • 1 in 4 workers in American organizations have been employed less than one year

  16. Did you know… 1 in 8 couples married last year met on the internet?

  17. 15,000 messages…

  18. 4.1 Billion Text Messages In US every day

  19. A Closer Look….

  20. How it plays out

  21. First Global Facts • 80 Million born between 1976 – 2001 • In 2016, 35% of the workforce IS Gen Y! • By 2020 46%! • Most diverse -- 59% white (72% for previous generations)

  22. Why are they First Globals? 72% would like to work abroad 37% plan to!

  23. And move over, Gen Y!

  24. Some statistics: • 361,000 born each day • By 2020, Gen Z will account for 40% of all consumers! • 42% are very influenced by their parents (Millenials were 36%) • They spend 7.6 hours a day socializing with friends and family

  25. Economically • They average $16.90 per week in allowance ($44 billion a year!) • They influence $600 billion of family spending • 72% want to own their own businesses • 76% percent hope their hobbies can turn into jobs

  26. The mobile-first generation • Prefer social networks like Snapchat and Instagram – and are leaving Facebook… • Five screens: • Smartphone • TV • Laptop • Desktop • Tablet • 79% display symptoms of distress when kept away from mobile devices

  27. Farewell to the isms! • Racism, sexism, anti-Semitism, ageism… • Bi-racial fastest growing population • -1.5% decrease in Caucasian population by 2018 • 7.6% increase in Hispanic population • Blurring gender roles • Often live in multi-generational households

  28. So what do we KNOW about “these kids”? • They are the most SOCIAL

  29. So what do we KNOW about “these kids”? • They are the most IDEALISTIC

  30. So what do we KNOW about “these kids”? • They are the most ENTREPRENEURIAL

  31. What do they want? • Opportunities for career progression 52% • Opportunities for personal development 64% • T&D most valued benefit: 22%

  32. What attracts them? 1. Training and the potential for career advancement 2. Challenge 3. Meaningful work! 4. Work – Life balance 5. Technology 6. International job opportunities or training

  33. How do we keep them? (because 43% are extremely confident they could find another job) • 80% want feedback in real time • Structured assignments with constant feedback • Opportunities to learn • Collaboration opportunities

  34. We celebrate them! • Tech savvy • Family centric • Achievement oriented • Team oriented • Attention craving : feedback and guidance

  35. “We use to live on farms,then we lived in the cities.Now we live on the internet.”Sean Parker – The Social Network

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