By 2021, Gen X will be the senior members of the workforce, and both Gen X and New Millennials will be in leadership positions. Big changes are already beginning to appear and, in 10 years, the world of work will be significantly different.
What happens when generations don’t share the same values and beliefs about workplace success? Older managers become baffled and confused when what used to work, no longer motivates new workers. In the work I do with teams, I get asked about this frequently.
Older generations’ complaints about the next generation are nothing new. Conflicts replay throughout every decade. However, because of technology, this current generation gap is bigger than we’ve ever seen. I hear about these frustrations frequently in my work.
Leadership expert Ira S. Wolfe coined the term “perfect labor storm” in 1999 ,to describe a convergence of demographic and socioeconomic developments that would result in an unprecedented shortage of skilled workers THIS YEAR. Now is the time the first Baby Boomers hit 65 and start to retire. Or do they?
According to research, only 29 percent of employees are motivated and energized. What, then, is happening to the other two-thirds of the people working in organizations? The statistics on workforce engagement are shocking. What is cause of this loss of enthusiasm and commitment?