MIME-Version: 1.0 Content-Type: multipart/related; boundary="----=_NextPart_01C71228.41D21FB0" This document is a Single File Web Page, also known as a Web Archive file. If you are seeing this message, your browser or editor doesn't support Web Archive files. Please download a browser that supports Web Archive, such as Microsoft Internet Explorer. ------=_NextPart_01C71228.41D21FB0 Content-Location: file:///C:/9109D513/CPAMultigenPres.htm Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset="us-ascii" Creating a Multigenerational Culture that Works

Creating a Multigener= ational Culture that Works

Presentation by James Miller Director of The Catalyst Group

WA CPA Annual Conference November 21 20= 06

Good afternoon

Ever wondered what different generat= ions are wanting from work?

Curious about how = to meet the different needs of individuals within a team, department or organisation?=

In this session you will;=

Be able to better identify what different generations may be seeking from work.

Hear about strategies that organisat= ions and individuals can adopt to create an environment where people feel they belong and can contribute to productive outcomes.

Have a simple and practical framewor= k to measure the success and performance of an integrated multigenerational cult= ure.

Contribute to your own learning by interacting with each other.

 

Keywords: Multigenerational (Builders, Boomers, Gen X, Gen Y), Culture, Retention, Skills Shortage, Communication, Expectations, Work Environment, = Tolerance, Policies Systems and Processes.

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I am here to reassure and encourage you about the opportunities that exist in managing a multigenerational workforc= e.

 

I intend to leave you acknowledging th= at you have learned something new and specific, and that you could explore som= e of the aspects in your organisations from next week.

 

My 4 key messages for you today are;

 

Point 1 – Engagement at work is critical. You have a golden opportunity to ha= ve a big impact with most number of people in your organisations.

 

Point 2 -= People of different ages and stages have some different needs and expectations. I = will highlight current research that identifies some of these.=

 

Point 3= - There are some very useful things you can do to create the culture all people want to be a part= of.

 

Point 4 – You can measure and evaluate culture changes through a range of measures and they don’t have to be complic= ated.

 

 

So what’s life like in the corporate context= ?

 

AFR Boss = Magazine October 2006 “Generation Cliché” article suggests more junior people do at work what we do = in other parts of our lives – look for big brands and look at cost (or in this case pay). That’s what attracts many people initially when they = join the workforce.

 

By the time people amass some experien= ce, some financial stability and sometimes a family, their focus moves away from this to flexibility and meaningfulness in work.

 

At work we have a continued need to perform and improve and retain knowledge in our businesses. We are expected= to do more with less and to be more focused on the outcomes and not how we get there.

 

To do this, we need to attract and ret= ain talent to our businesses and right now that’s a challenge in a competitive market.

 

So this takes me to point 1

Point 1 – Engagement at work is critical. You have a golden opportunity to ha= ve a big impact with the most number of people in your organisations. Approx 75%= of your workforce is open to being engaged. Leaders and Managers play a key ro= le in shaping the culture at work.

 

(The Corporate Leadership Council – The compelling Offer Revisited 2002).

 

  • Fully engaged people (approx 11% are half as likely to leave as the average employee).

 

  • Disaffected employees (approx 13%) are 4 time= s as likely to leave.

 

  • 76% have a huge variation in their commitment= and are often ambivalent about their commitment to stay.

 

  • Also the Corporate Leadership Council advocate that this need to contribute meaningfully needs to be directed at meeting business objectives (relevance). =

 

  • When performance is leveraged (talent & interest) through a meaningful and relevant outlet) it can improve performance by up to 40%.

 

 

Point 1= Again – Engagement at work = is critical. You have a golden opportunity to have a big impact with the most number of people in your organisations. Approx 75% of your workforce is ope= n to being engaged. Leaders and Managers play a key role in shaping the culture = at work.

 

 


Point 2 - People of different ages and stages have different needs and expectations. = What are they?

 

 

 

Builders Generation

 

Born before 1945

Aged 61 and over

15% of population

Baby Boomers

 

Born 1946-1964

Aged 42 to 60

25% of population

Generations X & Y<= /o:p>

 

Born since 1965

Xers: 26% Age 27-41

Y’s: 29% Age 12-26

Beliefs & values

Absolutes

Security

Work ethic

Few absolutes

Variety

Freedom

No absolutes

Lifestyle

Fun

Motivations

Country

Advancement

Responsible

Individuality Achievement

Relatable

Own-community

Self-discovery

Relational

Decision Making

Authorities

Reputations

Brand-loyal

Experts

Information

Brand-switchers

Friends

Anecdotes

No brand loyalty

Earning & Spending

Conservative- savers

Long-term needs

Pay up front

Confident- investors

Medium-term goals

Credit-savvy

Uncertain- spenders

Short-term wants

Credit-dependent

Learning Styles

Auditory

Data

Monologue

Visual

Metaphors

Dialogue

Kinesthetic

Stories

Multi-sensory

Marketing & Communicati= on

Prescriptive

Mass

Above the line

Descriptive

Direct

Below the line

Participative

Viral

Through the friends

Training environment

Classroom style

Formal

Quiet atmosphere

Round-table style

Planned

Relaxed ambience

Unstructured

Spontaneous

Interactive

Management & Leadership

Control

Authority

Thinkers

Cooperation

Competency

Doers

Consensus

Creativity

Feelers

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As you hear these, I wonder how well th= ey for you? (Give them the age ranges)

 (McCrindle Research Generation Map Study 2004)

 

 

Have a brief chat (5 minutes) with the person next to you about how well you feel these categories fit for you. Look at p= 2 of your summary notes for the table.

 

Show of hands for a rea= lly good fit. For pretty good….so so…not a good fit.

 

Interesting….lets keep moving

 

 

 

 

 

 

Other studies such as the longitudinal study carried out by Johanna Wyn and Peter Dwyer call= ed the Life Patterns Project measured changes in the way 300,000 high school stude= nts from 1991 to 2001 perceived their lives. It showed that singular generation= al characteristics simply couldn’t be applied to this group.<= /span>

 

They concluded that attempting to confine the major shifts in social and economic relations to a single category is absur= d.

 

Karl Mannheim, sociologist and pre-eminent theorist of generational cohorts sees the generational= ising of the workforce alienates adults of all ages. He suggests that doing this seeks to make people stand out as being different from one another and does= not help us see the sameness of who we are as people.

 

From a Catalyst Group perspective, there is = no refuting that we have grown up in different times with different life event markers - some public ones we share and others private ones we don’t. Each of these are capable of being worked with as long as we do just that a= nd not lump people of ages and stages into labelled likeness without the effor= ts of knowing what is really required to engage that person and contributing in the best way they can.<= o:p>

 

 

Point 2 Again - People of different ages and stages have some different needs and expectati= ons. All people do!
 

 

Enough on the “official evidence” scene. Time for a bit of action

 

I would like you to sit in the generational groups

 

 

 

Builders Generation

 

Born before 1945

Aged 61 and over

15% of population

Baby Boomers

 

Born 1946-1964

Aged 42 to 60

25% of population

Generations X & Y<= /o:p>

 

Born since 1965

Xers: 26% Age 27-41

Y’s: 29% Age 12-26

 

=  

=  

=  

=  

=  

=  

= Develop 5 questions in your groups that would help you to learn more about the othe= r generation in the room, in order to best work with them effectively at work. (5 minute= s)

=  

= Then 1 or 2 person from each generation is to take the questions and ask them of t= he other generations and have them answered by the members of that generation,= and make some notes of for each question as I will ask you to let the whole gro= up know what you learned at the end (10 minutes)

=  

= Debrief

=  

= How did you find the experience (of thinking about the issues, asking the quest= ions and answering based on your needs?)

=  

= What did you learn?

=  

= Thank you for being prepared to give it a go. You’ve just carried out the basics of what you can be doing at work, regardless of generations!

=  

= Reiterate any connections from what people said.

=  

 

 

= Write down one implication for you in your role based on what we have covered so = far.

=  

(1 minute)

 


 

 

Point 3= - There are some very useful things you can do to create the culture people want to be a part of.

 

Most companies are doing something about the= ir engagement issues. But how effective are their strategies? Common approaches to increa= sing employee retention include the qui= ck fixesteam building da= ys and pay rises – or add-on benefits such. These can have some impact, but not in isolation.

 

According to The Corporate Leadership Council, we need to create an environment which encourages people to have connection, contribution and credibility in their work. <= /p>

 

Psycholog= ists Emery and Thorsrud, (in Dunphy et al 2000) consider that there are six psychological requirements of work to = be meaningful. It must:

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1.      Be challenging

2.      Provide the opportunity to learn

3.      Allow for a certain degree of decision-making

4.      Provide social support and recognition

5.      Do work that the individual can relate to their social life

6.      Do work that the individual feels leads to a desirable future

 

Also the Corporate Leadership Council = advocate that this need to contribute meaningfully nee= ds to be directed at meeting business objectives (relevance). <= /p>

 

So why is this important?

 

Because…..When performance is leveraged (talent & interest) through a meaningful and relevant outlet)= it can improve performance by up to 40%.

 

Worth paying attention isn’t it!=

 


Other Sources such as the Gallup Organisation where they surveyed 24 companies and 105,000 employees globall= y to find the issues that when addressed had the closest links to productivity, profit, retention and customer satisfaction. The= ones that linked most closely to retention were;

 

1.      I know what is expected of me at work

2.      I have the materials and equipment I need to do my work well

3.      I have the opportunity to do my best every day

4.      My supervisor or someone at work seems to care abo= ut me as a person

5.      At work my opinions seem to count

6.      There is someone at work who encourages my develop= ment

 

There was no age distinction made for = this survey and so captures emaployees of all ages by default.

 

So What? &n= bsp; ….. So what can you do?

 

No question there is work in this, and it will lead to better productivity and outcomes for business and individual.