the future of the workplace as boomers retire and millennials replace them by dr. diane hamilton

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DIANE HAMILTON, PHD The Future of the Workplace as Boomers Leave and Younger Generations Replace Them

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Page 1: The Future of The Workplace as Boomers Retire and Millennials Replace Them by Dr. Diane Hamilton

DIANE HAMILTON, PHD

The Future of the Workplace as Boomers

Leave and Younger Generations Replace Them

Page 2: The Future of The Workplace as Boomers Retire and Millennials Replace Them by Dr. Diane Hamilton

WHAT WE’LL TALK ABOUT TODAY

•Current Workplace •Understand and Embrace Change•Future Workplace•Education, Training, and Management

Page 3: The Future of The Workplace as Boomers Retire and Millennials Replace Them by Dr. Diane Hamilton

CURRENT WORKPLACE

Page 4: The Future of The Workplace as Boomers Retire and Millennials Replace Them by Dr. Diane Hamilton

GENERATIONS WORKING TOGETHER

• Four Generations Working Together• Embrace Interpersonal Skills • Emotional Intelligence

Page 5: The Future of The Workplace as Boomers Retire and Millennials Replace Them by Dr. Diane Hamilton

BOOMERS IMPACT ON WORKPLACE

• Number of Boomers• When will they retire?• What will they leave behind?

Page 6: The Future of The Workplace as Boomers Retire and Millennials Replace Them by Dr. Diane Hamilton

MILLENNIALS’ IMPACT ON WORKPLACE

• How many are there?• Misconceptions of them.• Top 10 Words or Phrases to Mind to

Describe Millennials

Page 7: The Future of The Workplace as Boomers Retire and Millennials Replace Them by Dr. Diane Hamilton

FAMILY FEUD GAME: MILLENNIALS: SELF-SELECTED DESCRIPTORS

• Friendly 85%• Open-Minded 81%• Intelligent 80%• Responsible 73%• Thoughtful 73%• Caring 71%• Fun-Loving 65%• Independent 63%• Creative 62%• Curious 59%

Page 8: The Future of The Workplace as Boomers Retire and Millennials Replace Them by Dr. Diane Hamilton

DISTINGUISHING DIFFERENCES: IS THERE A CLASH?

• Distinguishing Differences – Is There a Clash

Page 9: The Future of The Workplace as Boomers Retire and Millennials Replace Them by Dr. Diane Hamilton

BOOMERS VS. MILLENNIALS MYTH GAME

• Boomers vs. Millennials Myth Game

Page 10: The Future of The Workplace as Boomers Retire and Millennials Replace Them by Dr. Diane Hamilton

BOOMERS VS. MILLENNIALS MYTH GAME

• Myth or Truth?• Younger Generations Have No Work Ethic or are Lazy

Page 11: The Future of The Workplace as Boomers Retire and Millennials Replace Them by Dr. Diane Hamilton

BOOMERS VS. MILLENNIALS MYTH GAME

• Myth or Truth?• Millennials Don’t Respect Authority

Page 12: The Future of The Workplace as Boomers Retire and Millennials Replace Them by Dr. Diane Hamilton

BOOMERS VS. MILLENNIALS MYTH GAME

• Myth or Truth?• They don’t want to grow up.

Page 13: The Future of The Workplace as Boomers Retire and Millennials Replace Them by Dr. Diane Hamilton

BOOMERS VS. MILLENNIALS MYTH GAME

• Myth or Truth?• They are tough to recruit

Page 14: The Future of The Workplace as Boomers Retire and Millennials Replace Them by Dr. Diane Hamilton

BOOMERS VS. MILLENNIALS MYTH GAME

• Myth or Truth?• They are Self-Involved and the “Me Generation”

Page 15: The Future of The Workplace as Boomers Retire and Millennials Replace Them by Dr. Diane Hamilton

BOOMERS VS. MILLENNIALS MYTH GAME

• Myth or Truth?• Let’s go with a Boomer possible myth – Boomers can’t

retire early

Page 16: The Future of The Workplace as Boomers Retire and Millennials Replace Them by Dr. Diane Hamilton

BOOMERS VS. MILLENNIALS MYTH GAME

• Myth or Truth?• Let’s go with another one about Boomers – Boomers are

Technologically Challenged

Page 17: The Future of The Workplace as Boomers Retire and Millennials Replace Them by Dr. Diane Hamilton

UNDERSTAND AND EMBRACE CHANGE

• Proactive Skills• New Gens• Experience May Be Useful• Communication Changes• Intergenerational Transition• Changing Leadership Styles

Page 18: The Future of The Workplace as Boomers Retire and Millennials Replace Them by Dr. Diane Hamilton

PROACTIVE SKILLS

• Proactive Skills

Page 19: The Future of The Workplace as Boomers Retire and Millennials Replace Them by Dr. Diane Hamilton

NEW GENS

• New Gens

Page 20: The Future of The Workplace as Boomers Retire and Millennials Replace Them by Dr. Diane Hamilton

EXPERIENCE MAY BE USEFUL

• Experience May Be Useful

Page 21: The Future of The Workplace as Boomers Retire and Millennials Replace Them by Dr. Diane Hamilton

COMMUNICATION CHANGES

• Communication Changes

Page 22: The Future of The Workplace as Boomers Retire and Millennials Replace Them by Dr. Diane Hamilton

INTERGENERATIONAL TRANSITION

• Intergenerational Transition

Page 23: The Future of The Workplace as Boomers Retire and Millennials Replace Them by Dr. Diane Hamilton

CHANGING LEADERSHIP STYLES

• Changing Leadership Styles

Page 24: The Future of The Workplace as Boomers Retire and Millennials Replace Them by Dr. Diane Hamilton

EMBRACING ENTREPRENEURIAL THINKING

• Entrepreneurial Thinking Embraced

Page 25: The Future of The Workplace as Boomers Retire and Millennials Replace Them by Dr. Diane Hamilton

CHANGES IN TYPES OF JOBS

• Changes in Types of Jobs Available

Page 26: The Future of The Workplace as Boomers Retire and Millennials Replace Them by Dr. Diane Hamilton

JOBS THAT ENDED WITH OLDER GENERATIONS

• Jobs That Ended with Older Generations

Page 27: The Future of The Workplace as Boomers Retire and Millennials Replace Them by Dr. Diane Hamilton

DEGREE OR NOT DEGREE

• That is the question• Pick and Choose• Certifications• Specialized Institutions

Page 28: The Future of The Workplace as Boomers Retire and Millennials Replace Them by Dr. Diane Hamilton

MANAGING FUTURE GENERATIONS

• Managing Future Generations

Page 29: The Future of The Workplace as Boomers Retire and Millennials Replace Them by Dr. Diane Hamilton

STORING KNOWLEDGE FROM PAST GENERATIONS

• Storing Knowledge from Past Generations

Page 30: The Future of The Workplace as Boomers Retire and Millennials Replace Them by Dr. Diane Hamilton

CONCLUSIONThe Key is to Have Vision

Page 31: The Future of The Workplace as Boomers Retire and Millennials Replace Them by Dr. Diane Hamilton

QUESTIONS

Page 32: The Future of The Workplace as Boomers Retire and Millennials Replace Them by Dr. Diane Hamilton

REFERENCES