managing a multigenerational workforce

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Managing a Multigenerational Workforce James P. Ware, PhD Executive Director The Future of Work…unlimited

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This is a presentation that I delivered at IFMA's Facilities Fusion conference in Boston on March 24, 2011. It focuses on the five generations now active in the workforce and explores not only how to manage generational differences, but also the idea that each generation has unique workplace preferences.

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Page 1: Managing a Multigenerational Workforce

Managing a Multigenerational Workforce

James P. Ware, PhD Executive Director

The Future of Work…unlimited

Page 2: Managing a Multigenerational Workforce

© Copyright 2011 by The Future of Work…unlimited. All rights reserved

Meet Our Presenter: James P. Ware, Ph.D. Executive Director, The Future of Work…unlimited 2011 Executive Producer, Work Design Collaborative 2002-2010 Vice President, The Concours Group 1998-2001 Research Director, Univ. of California Berkeley 1996-1998 Managing Principal, Unisys Information Systems 1993-1996 . . . Assistant Professor, Harvard Business School 1976-1981

Page 3: Managing a Multigenerational Workforce

© Copyright 2011 by The Future of Work…unlimited. All rights reserved

A Close Encounter

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Page 4: Managing a Multigenerational Workforce

© Copyright 2011 by The Future of Work…unlimited. All rights reserved

Today’s Agenda

What do we know about the workforce

today?

Why does generational

diversity matter?

How can we take advantage of all that

diversity?

What does all this mean for the future

of work?

A conversation about managing diversity in the

workforce

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Page 5: Managing a Multigenerational Workforce

© Copyright 2011 by The Future of Work…unlimited. All rights reserved - 4 -

“Demographics is destiny”

- Ken Dychtwald

Page 6: Managing a Multigenerational Workforce

© Copyright 2011 by The Future of Work…unlimited. All rights reserved

What Do We Know About the Workforce?

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U.S. Birth Rates, 1909 – 2004

Births per 1000 population

“Baby Boom”

(1946-1964)

Page 7: Managing a Multigenerational Workforce

© Copyright 2011 by The Future of Work…unlimited. All rights reserved

What Do We Know About the Workforce? The Elephant Moving Through the Snake

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1990 2020

Male Female Male Female

Page 8: Managing a Multigenerational Workforce

© Copyright 2011 by The Future of Work…unlimited. All rights reserved

What Do We Know About the Workforce?

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Page 9: Managing a Multigenerational Workforce

© Copyright 2011 by The Future of Work…unlimited. All rights reserved

What Do We Know About the Workforce?

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Page 10: Managing a Multigenerational Workforce

© Copyright 2011 by The Future of Work…unlimited. All rights reserved

Five Generations @ Work

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1930 -1945

The Silent Generation

1946 - 1964

Baby Boomers

1965 - 1976

Generation “X”

1977 - 1990

Generation “Y”

1991-

Millennials

Page 11: Managing a Multigenerational Workforce

© Copyright 2011 by The Future of Work…unlimited. All rights reserved

An Important Caveat . . .

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Page 12: Managing a Multigenerational Workforce

© Copyright 2011 by The Future of Work…unlimited. All rights reserved

The “Silent Generation”

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Page 13: Managing a Multigenerational Workforce

© Copyright 2011 by The Future of Work…unlimited. All rights reserved

The Baby Boomers

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Page 14: Managing a Multigenerational Workforce

© Copyright 2011 by The Future of Work…unlimited. All rights reserved

Generation “X”

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Page 15: Managing a Multigenerational Workforce

© Copyright 2011 by The Future of Work…unlimited. All rights reserved

Gen “Y”

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Page 16: Managing a Multigenerational Workforce

© Copyright 2011 by The Future of Work…unlimited. All rights reserved

The Millennials

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Page 17: Managing a Multigenerational Workforce

© Copyright 2011 by The Future of Work…unlimited. All rights reserved

What Challenges Lie Ahead?

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Percent Change

2010-2020

Age Group

Replacing the

Boomers

1

Page 18: Managing a Multigenerational Workforce

© Copyright 2011 by The Future of Work…unlimited. All rights reserved

Massive Workforce Shortages Are Looming

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3 percent Average annual U.S. economic growth rate (since 1948)

58 million New workers needed by 2030 at 3% growth per year

23 million Estimated U.S. population workforce growth by 2030

35 million Possible shortfall

Source: Ryan Johnson, WorldatWork

Page 19: Managing a Multigenerational Workforce

© Copyright 2011 by The Future of Work…unlimited. All rights reserved

What Challenges Lie Ahead?

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2

Match Management

Style to Generational

Patterns

Channeling energy and creativity

Capturing experiential knowledge; encouraging mentorship

Maintaining engagement and tapping experience

Maintaining engagement; leveraging talent

Stepping up to management and leadership responsibilities

Page 20: Managing a Multigenerational Workforce

© Copyright 2011 by The Future of Work…unlimited. All rights reserved

What Challenges Lie Ahead?

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3

Managing Cross-

Generational Conflict

Page 21: Managing a Multigenerational Workforce

© Copyright 2011 by The Future of Work…unlimited. All rights reserved

What Challenges Lie Ahead?

4

Accommodating Differing

Workplace Preferences

Page 22: Managing a Multigenerational Workforce

© Copyright 2011 by The Future of Work…unlimited. All rights reserved

What Challenges Lie Ahead?

5

Supporting Multiple

Workplaces

Cyberspace

Physical Space

Touchdown Spaces

Team Rooms

Cubicles

Conference Rooms

Owned Shared

“I”

“We”

Source: David Lathrop, Steelcase

Page 23: Managing a Multigenerational Workforce

© Copyright 2011 by The Future of Work…unlimited. All rights reserved

Create (adhocracy)

Collaborate (clan)

Compete (market)

Control (hierarchy)

What Challenges Lie Ahead?

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6

Linking People and Place to

Culture

Source: Kim Cameron, University of Michigan

Flexible

Focused

External Internal

Page 24: Managing a Multigenerational Workforce

© Copyright 2011 by The Future of Work…unlimited. All rights reserved

In Summary . . .

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6 Link people and place to culture

5 Support multiple workplaces

4 Accommodate different workplace needs

Manage cross-generational conflict 3

2 Match management style to generational patterns

1 Recruit to replace Boomers

Page 25: Managing a Multigenerational Workforce

© Copyright 2011 by The Future of Work…unlimited. All rights reserved

For Further Information

Website: http://www.thefutureofwork.net Blog: http://www.thefutureofwork.net/blog Twitter: http://www.twitter.com/thefutureofwork

Dr. James Ware Executive Director The Future of Work…unlimited Berkeley, California +1 510 558 1434 voice +1 510 558 1431 fax +1 510 206 8147 mobile [email protected]

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