Scribd Logo
Upload

Welcome to Scribd!

  • 5 views

    Mind The Gap

    Uploaded by

    Munteanu Anca
    Mind the gap

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Mind The Gap

    Uploaded by

    Munteanu Anca
    5 views2 pages
    Mind the gap

    Original Title

    Mind the gap

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Mind the gap

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    5 views2 pages

    Mind The Gap

    Uploaded by

    Munteanu Anca
    Mind the gap

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    You are on page 1of 2

    Mind the gap: Millennials vs generation X and baby boomers

    Author

    Ricardo Nugent

    Topic

    Intercultural Management

    Published

    March 8, 2019

    Read

    7 minutes

    Millennials, together with generation X, are quickly becoming the largest working demographic
    globally, nearly on par with baby boomers, and in many parts of the world, already outnumbering
    them. Gaps in communication and suboptimal working relationships can be avoided by bridging the
    generations proactively.

    Executive Summary:

     Leverage Age Diversity – A generational shift in the global workforce brings challenges that
    can be turned into opportunities with proactive measures.

     Embrace New Modes of Work – Millennials demand more flexibility and engagement from
    than previous generations, which can benefit productivity when properly managed.

     Champion the Mission – Younger generations in the workforce need to live and breathe a
    sense of purpose, which if clearly articulated and regularly reinforced, can boost morale and
    retention generally throughout an organization.

     Promote a Healthy Work-Life Balance – Younger generations in the workforce seek short-
    term rewards and a healthy work-life balance over long-term stability.

     Encourage Reverse Mentorship – Pairing younger mentors with older mentees provides an
    opportunity for knowledge sharing and an organic bridge, improving morale, productivity
    and retention.

     Provide Career Development Pathways – Developing internal and external pipelines of


    managers satisfies the need for millennial employees to feel challenged and heard, while
    taking on more responsibility and preparing for advancement within an organization.

    Naturally, there’s a rift between generations born between 1981 and 1996, in the case of millennials,
    between 1965 and 1980, in the case of generation X and between 1946 and 1964 in the case of baby
    boomers.
    Together, these three generations make up the bulk of today’s workforce, with millennials
    representing close to a quarter of the global population, according to “Millennial Moment”, a series
    published by the Financial Times. Millennials are quickly outnumbering previous generations,
    however, and will account for over 35% of the global workforce by 2020, the FT reports.

    By recognizing the fact that millennials have come of age in a different technological era, with a
    different outlook on life and work than previous generations, organizations can take concrete steps
    to foster intergenerational relationships within their ranks and align younger employees with the
    organization’s values and strategic objectives.

    You might also like

    pFad - Phonifier reborn

    Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

    Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


    Alternative Proxies:

    Alternative Proxy

    pFad Proxy

    pFad v3 Proxy

    pFad v4 Proxy