"KEEPING THE MILLENNIALS"
A new book by
Dr. Joanne G. Sujansky, CSP (Certified Speaking Professional)
and Dr. Jan Ferri-Reed
 
 
"Keeping the Millennials" Related Articles

Leading a Multi-Generational Workforce
by Dr. Jan Ferri-Reed

Before making assumptions about employee retention based on past experience, consider that you are about to see a new wave of employees with a whole new set of expectations swarm the workplace. Known as Generation Y, they have been entering the workforce since 1998 and will continue to do so in burgeoning numbers.  Managers need to prepare for the unique requirements of Gen Y and the inevitable clash between Gen X, Gen Y, Baby Boomers, and Traditionalists as they mix in the workplace.

To begin with, it is helpful to understand the environment that shaped each group. With this information, you can then adopt an innovative management style, motivate them to work together, and minimize conflict among the different generations.

What Shaped Them
Born before 1945, Traditionalists were influenced by the Great Depression and World War II. After the war, this generation rebuilt America by having faith in and partnering with institutions. In so doing, they displayed a strong work ethic and fueled the economic boom. Fifty percent of Traditionalist men are war veterans.

Born between 1946 and 1964, Baby Boomers grew up in optimistic times of expansion, watching and living “Happy Days.” They had great expectations and the world had great expectations of the Boomers. Where their parents fought wars abroad and came home victorious, Boomers fought for their glory at work.

Generation X was born between 1965 and 1979. They experienced economic difficulties during the early ‘90s just as they were entering the workforce. Many were forced to take temp work, wait tables, and accept jobs outside of their area of study in college. Because Gen X came of age during a bleak job market amid soaring national debt, the harsh economic realities of the time shaped their worldview. They are armed with the knowledge that there are no guarantees.

Gen Y was born between 1980 and 1999. They grew up in a time of economic expansion and unprecedented prosperity, and until now have never experienced a downturn. Those in this generation have seen more at an earlier age than most in previous generations, such as the Oklahoma City bombing, the Columbine shootings and the tragedy of September 11. Exposure to these events through 24-hour media has brought the world instantly to them. This is a techno-savvy generation who has “seen” the world. 

Generational differences represent a critical new aspect to workplace diversity.  At no other time in history have organizations been faced with four generations of employees working together.  But the differences that separate these generations do not have to result in conflict and lost productivity.  Below are suggestions for leading all groups successfully.

Offer Choices
While different, Gen X and Gen Y have some similarities. Both will demand a more innovative workplace, with flexible hours, state-of-the-art resources, cooperative scheduling, and understanding supervisors. Both want to build a portfolio of skills and are committed to career development. They will continue to negotiate a work-life balance.  While Traditionalists and Boomers may not request as many choices, make the same options available to them as you do to the other generations.

Offer Training Opportunities
To retain employees of all generations, it is important to appeal to their desire to learn. Emphasize career growth, paid training, and skill development. Coach team members as they continue to develop new skills and acknowledge their progress.

Create a Dynamic Workplace
Because the incoming group of Gen Y employees will be so large, the workplace will have to change to accommodate their unique attributes. Leaders have to evolve as well. They will have to be creative in developing new motivational techniques if they want to retain their employees and to obtain the highest performance and output possible. Managers must be innovative to retain the best people.

Build a Successful Multi-Generational Environment
To enhance the work environment, recognize that these groups will have different perspectives, and respect that they differ in the view of the world. It will be necessary to implement and reward collaborative activities with a multi-disciplinary approach. This will support positive relationships among all your employees and go a long way toward retaining your best team members.

About the Author:
Jan is a seasoned consultant and President of KEYGroup®, a 30-year international speaking, training and assessment firm and co-author of Keeping the Millennials:  Why Companies are Losing Billions in Turnover to This Generation and What To Do About It.  Jan has presented a variety of programs to thousands of managers and employees in a diverse range of organizations across the globe.  Jan’s work focuses on creating productive workplaces and retaining talent while increasing the bottom line.  She does executive consultation, facilitation of senior level, planning and team building retreats and keynoting at corporate and association events.

Representative clients for whom Jan provides services include GlaxoSmithKline, MARC Advertising, DelMonte Foods, The Bank of New York Mellon Corporation, US Steel Corporation, Volkswagen-Audi-Porsche, Pitney Bowes, MTV Networks, Merrill Lynch and UBS-AG.

Publications and media that have called on Jan and KEYGroup® for advice and guidance include Industry Week, TIME, Diversity Executive, NPR and Forbes, to name a few.

For more information visit:  www.keygroupconsulting.com.

This article may be reprinted for your use in an organizational newsletter and or e-zine provided that you contact Kelly Hanna, Director of Sales and Marketing at 724-942-7900 to gain permission.

 
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Listen to Interviews
Judyth Piazza Chats with Dr. Jan Ferri-Reed, Author of Keeping The Millennials.
Dr. Joanne Sujansky discusses "How the Millennial Generation is Changing the Workplace" on The Here and Now Show.
Dr. Jan Ferri-Reed talks with Kurt Schemers on Traders Nation to discuss Keeping the Millennials and the massive demographic shift that is causing big problems for even the most successful companies.
Listen to Joanne speak with Brian Sullivan about Keeping the Millennials!
Joanne speaks to radio host Joe Galuski, WSYR am from Syracuse, New York about Keeping the Millennials
Jan speaks with Paul Miller, radio host from WPHM-AM radio in Detroit, Michigan
Jan talks candidly with Voice America radio host, Kathryn Zox about Millennials in the workplace
Joanne speaks to Joe Strecker, from Clear Channel Cincinnati, The 55KRC Morning Show, about her book!
Joanne Sujansky talks with Radio Host Joe Elliott about her new book Keeping the Millennials: Why companies are losing billions in turnover to this generation and what to do about it.

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Watch Dr. Jan Ferri-Reed talk to WPXI's "Talking Pittsburgh" about the new book Keeping the Millennials. Click here.
Kristine Sorensen of KDKA News in Pittsburgh interviews Dr. Joanne G. Sujansky on the book “Keeping the Millennials”.  Joanne offers tips on pleasing the newest generation entering the workplace.  Click this link to watch the segment!

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