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Effectively Working Across Generations in Investing For Texas Public Funds Investment Conference Dr. Rob Konopaske, President [email protected] www.me360.org [email protected] | © 2018 MillennialEdge360, LLC. All Rights Reserved. 1

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Page 1: Effectively Working Across Generations in Investing...Effectively Working Across Generations in Investing For Texas Public Funds Investment Conference Dr. Rob Konopaske, President

Effectively Working Across Generations in InvestingFor Texas Public Funds Investment Conference

Dr. Rob Konopaske, [email protected]

[email protected] | © 2018 MillennialEdge360, LLC. All Rights Reserved.

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Page 2: Effectively Working Across Generations in Investing...Effectively Working Across Generations in Investing For Texas Public Funds Investment Conference Dr. Rob Konopaske, President

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Texas County TreasurerChief custodian of county finance and is charged with the

safekeeping and investing of county funds.

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Image credit: Daily Journal

Image credit: The Dissolve

Image credit: Bustle

Image credit: IMDb

Image credit: The Playlist

Image credit: Wired

Page 4: Effectively Working Across Generations in Investing...Effectively Working Across Generations in Investing For Texas Public Funds Investment Conference Dr. Rob Konopaske, President

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WHO will be doing your job?

WHAT knowledge will they need?

HOW will they acquire it?

Page 5: Effectively Working Across Generations in Investing...Effectively Working Across Generations in Investing For Texas Public Funds Investment Conference Dr. Rob Konopaske, President

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Better hurry…10,000 Americans turn 65

each day

(Pew Research)

Page 6: Effectively Working Across Generations in Investing...Effectively Working Across Generations in Investing For Texas Public Funds Investment Conference Dr. Rob Konopaske, President

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Page 7: Effectively Working Across Generations in Investing...Effectively Working Across Generations in Investing For Texas Public Funds Investment Conference Dr. Rob Konopaske, President

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Shared experiences define a generation

Page 8: Effectively Working Across Generations in Investing...Effectively Working Across Generations in Investing For Texas Public Funds Investment Conference Dr. Rob Konopaske, President

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Greatest Gen Attributes:

Self-reliantWork ethicResilientModest

Image credit: History.com

Image credit: eBay.co.uk

Image credit: Heywood-Wakefield

Page 9: Effectively Working Across Generations in Investing...Effectively Working Across Generations in Investing For Texas Public Funds Investment Conference Dr. Rob Konopaske, President

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Boomers’Attributes:

ConfidentAchievingTeamwork

Civic-minded

Image credit: Huffington Post

Image credit: Time Magazine

Image credit: CNN

Image credit: Groovy History

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Gen Xers’Attributes:

PracticalSelf-reliantTech savvyLone wolf

Image credit: YouTube

Image credit: Thought Catalog

Image credit: Latino Public Radio

Image credit: CBS News

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Millennials’Attributes:

Digital nativesSocial media

CautiousDiverse

Image credit: Gray Line New York

Image credit: Inform the Pundits

Image credit: Hello! Canada

Image credit: The Inside Line

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Post-Millennials’Attributes:

Online lifePro-technologyTeam-oriented

Green

Image credit: iGotOffer

Image credit: Pacific StandardImage credit: PewDiePie (YouTube)

Image credit: Debate.org

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Are These Real (or Imagined) Generational Differences?

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ECE Recruiting Tips

Meaningful work

Social media

ECEs as recruiters

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ECE Onboarding Tips

Intentional process

Buddy approach

Intergenerational team

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Training Tips Tailor to different generations

Applied and transferrable

Reinforce it

Page 17: Effectively Working Across Generations in Investing...Effectively Working Across Generations in Investing For Texas Public Funds Investment Conference Dr. Rob Konopaske, President

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Performance Management Tips

Frequent & less formal

Constructive feedback

Multiple sources

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Motivation Tips Variety of motivators

Mission matters

Caring culture

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Communication Tips F2F, phone, videoconference,

e-mail, & texting

Use multiple channels often

Nonverbal/body language

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Work Style Tips Flexible work arrangements

Being at work (“facetime”)

Live to work vs. work to live

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Teamwork Tips Bridge gen differences

Transfer knowledge

Effective/efficient meetings

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Mentoring Tips Reverse mentoring

Multi-gen project teams

Capture/share the learning

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Case Example #1Challenge:

High (and costly) turnover of ECEs

Outcome: Reduced turnover by 50% over 2-year period

saving the client $150,000

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Case Example #2Challenge:

Department heads not collaborating effectively

Outcome: Increased awareness of workloads & work

styles, & enhanced communication

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Case Example #3Challenge:

Limited bench strength

Outcome: Cohort of high-potential employees learned &

applied leadership behaviors

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Case Example #4Challenge:

Announced retirements of senior leaders

Outcome: New mission, strategic plan, & succession plan

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WHO will be doing your job?

WHAT knowledge will they need?

HOW will they acquire it?

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One size does not fit all…

Be creative & agile when developing solutions for your county!

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