Generation Y and the Workplace Annual Report 2010 - Haworth
Generation Y and the Workplace Annual Report 2010 - Haworth
Generation Y and the Workplace Annual Report 2010 - Haworth
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workplace divas…<br />
energy…<br />
innovation…<br />
challenging…<br />
intellectual challenge…<br />
a new reality from work…<br />
working flexibly…<br />
full of contradictions…<br />
conservatist…<br />
non-conformist…<br />
tech savvy…<br />
value driven…<br />
money grabbing…<br />
Global WorkPlace Innovation<br />
The <strong>Generation</strong> Y apparently believes <strong>the</strong>y<br />
can achieve anything. They have been called<br />
‘workplace divas’ 1&6 , millenials, homo zappiens…<br />
even Genys! But some say <strong>the</strong>y even are ‘high<br />
maintenance, high risk <strong>and</strong> high output’ 2&7 . They<br />
are strongly team-focused, collaborative, <strong>and</strong> seek<br />
meaning in work <strong>and</strong> opportunity to learn.<br />
But also:<br />
They are now under more financial threats<br />
than <strong>the</strong> previous generations since <strong>the</strong><br />
2008 <strong>and</strong> 2009 crisis<br />
They have grown up with green issues into<br />
<strong>the</strong>ir society, but <strong>the</strong>re is no evidence that it<br />
is actually embedded in <strong>the</strong>ir culture<br />
They are more urban focused, <strong>and</strong> even more<br />
in <strong>the</strong> future with <strong>the</strong> growth of urbanisation<br />
They quickly buy into new concepts <strong>and</strong><br />
ideas while new technologies become more<br />
affordable, <strong>and</strong> invade our market at a fast pace<br />
Here is an entire cohort secure<br />
in <strong>the</strong> knowledge that <strong>the</strong>ir wellto-do<br />
Boomer parents can bail<br />
<strong>the</strong>m out of financial difficulty.<br />
If <strong>the</strong>y don’t like <strong>the</strong>ir job <strong>the</strong>y<br />
can, <strong>and</strong> do, chuck it in <strong>and</strong> head<br />
back to live with <strong>the</strong>ir parents.<br />
The Impact of Digitalization – a<br />
generation apart, KPMG International<br />
Research <strong>Report</strong>, 2007.<br />
The majority of <strong>the</strong> sources describe <strong>the</strong><br />
<strong>Generation</strong> Y as consumers, colleagues,<br />
employees, managers, <strong>and</strong> technological<br />
<strong>and</strong> social innovators. The sources explore<br />
communication styles, values, motivations, <strong>and</strong><br />
characteristics, but not many studies focus on<br />
<strong>the</strong> aspirations of this young generation about<br />
<strong>the</strong>ir future working environment. Although <strong>the</strong>y<br />
bring energy <strong>and</strong> innovation to <strong>the</strong> workplace,<br />
Demographics<br />
No definitive agreement on birth<br />
years; experts say somewhere<br />
between 1978 <strong>and</strong> 1995; most<br />
say 1981 to 1993<br />
Children of Baby Boomers<br />
Younger siblings of Gen Xers<br />
Largest generation (75 million)<br />
after <strong>the</strong> Boomers (80 million),<br />
compared to <strong>the</strong> Gen Xers (40<br />
million)<br />
38% of millennials identify<br />
<strong>the</strong>mselves as “non-white”<br />
Positioned in history to be <strong>the</strong><br />
next “Hero generation”<br />
Figure 1: Who are <strong>the</strong> Millennials, aka <strong>Generation</strong> Y?<br />
Source: Deloitte Consulting (2005). Who Are The Millennials, aka <strong>Generation</strong> Y?<br />
Copyright © <strong>2010</strong>, Johnson Controls. Confidential. All Rights Reserved.<br />
Intellectual Property Johnson Controls, <strong>Haworth</strong> <strong>and</strong> iDEA.<br />
Tech-savvy<br />
Connected…24/7<br />
Self-confident<br />
Optimistic<br />
Hopeful<br />
Independent<br />
Comfortably self-reliant<br />
Determined<br />
Goal oriented<br />
Success driven<br />
Lifestyle centered<br />
Diverse<br />
Inclusive<br />
Global, civic- <strong>and</strong><br />
community-minded<br />
Pulling toge<strong>the</strong>r<br />
Service oriented<br />
Entrepreneurial<br />
<strong>the</strong> <strong>Generation</strong> Y is challenging to manage. They<br />
appreciate clear direction, dem<strong>and</strong> immediate<br />
feedback on performance, expect to be consulted<br />
<strong>and</strong> included in management decisions, <strong>and</strong><br />
dem<strong>and</strong> constant intellectual challenge.<br />
The <strong>Generation</strong> Y is dem<strong>and</strong>ing, as a right, a new<br />
reality from work. They insist on working flexibly,<br />
choosing when <strong>and</strong> where to work.<br />
Millennials at work<br />
Work well with friends <strong>and</strong> on<br />
teams<br />
Collaborative, resourceful,<br />
innovative thinkers<br />
Love a challenge<br />
Seek to make a difference<br />
Want to produce something<br />
worthwhile<br />
Desire to be a hero<br />
Impatient<br />
Comfortable with speed <strong>and</strong><br />
change<br />
Thrive on flexibility <strong>and</strong> space to<br />
explore<br />
Partner well with mentors<br />
Value guidance<br />
Expect respect<br />
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