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The Millennials Are Coming!




       Jimmy Johnson and Jana Markowitz
                Small Planet Works, Inc.

                    www.smallplanetworks.com
The Millennial Test
    Do you know what a Millenial would say?
    Question 1
    You wear flip-flops to:
       A)   The beach
       B)   The pool
       C)   The shower
       D)   The White House




2
                              www.smallplanetworks.com
The Millennial Test
Question 2
    You completed a small assignment correctly
    and on-time. You should get:
    A)   Your paycheck
    B)   An atta-boy/atta-girl from the boss
    C)   An extra day of vacation
    D)   Recognition and substantial monetary award at the
         next business unit meeting


3
                                    www.smallplanetworks.com
The Millennial Test
Question 3
    When you want to see if friends can join you
    for dinner out, you:
    A)   Pick up the phone and call them
    B)   IM them
    C)   Text them
    D)   Post an invitation on their “Wall”



4
                                     www.smallplanetworks.com
The Millennial Test
Question 4
    Email is:
    A) The best way to communicate with co-workers
    B) An annoying waste of time when you’re trying
       to work
    C) A great way to communicate with friends
       and family who live far away
    D) Only for “Old People” and frankly not much
       better than “snail-mail”

5
                                 www.smallplanetworks.com
Generations in the Workforce




               www.smallplanetworks.com
Generational Groups in the Workforce
    •   1925-1945 – Traditionalists
    •   1946-1964 – Baby Boomers
    •   1965-1981 – Generation “X”
    •   1982-2002 – Generation “Y” (Millennials)




7                              www.smallplanetworks.com
The “WE” Generation

Watch Video GenerationWE The Movement Begins...
              YouTube at blinkx.flv




                          www.smallplanetworks.com
Generational Differences
                                 Traditionalists                 Baby Boomers                  Generation “X”                Generation “Y”
                                 1925-1945                       1946-1964                     1965-1981                     1982-2002
Work Style                       By the book; “How” is as        Get it done; Whatever it      Take fastest route to         Work to deadlines and
                                 important as what gets          takes (Including nights       results; Protocol is          goals – not necessarily to
                                 done                            and weekends)                 secondary                     schedules
Authority / Leadership           Command and Control;            Respect for power and         Egalitarian; Rules are        Value freedom and
                                 Rarely question authority       accomplishment                flexible; collaboration is    autonomy; Less inclined
                                                                                               important                     to pursue leadership
                                                                                                                             positions
Communication                    Formal yet personal;            Somewhat formal through       Casual, direct, and           Fast, casual, direct, and hi-
                                 Through proper Channels         structured network; mix of    electronic; sometimes         tech; Eager to please
                                                                 electronic and face-to-face   skeptical

Recognition / Reward             Personal                        Public acknowledgement        A balance of fair             Individual and public
                                 acknowledgement and             and career advancement        compensation and ample        praise (exposure);
                                 satisfaction for work well                                    time off                      Opportunities for
                                 done                                                                                        broadening skills
Work/Family                      Work and family should          Work comes first              Value work/life balance       Value blending personal
                                 be kept separate                                                                            life into work
Loyalty                          To the ORGANIZATION             To the importance and         To individual career goals    To the people involved
                                                                 meaning of work; To the                                     with the project
                                                                 function or profession
Technology                       Complex and challenging;        Necessary for progress        Practical tools for getting   What else is there?
                                 “If it ain’t broke, don’t fix   and achievement               things done
                                 it.”

          Source: VISIONPOINT from an article by Jenna M. Aker 2009 Buildings magazine
   9
                                                                                          www.smallplanetworks.com
Recruiting Gen Y




10
               www.smallplanetworks.com
Recruiting Millennials


 Parents
           Parents
                     Parents


11
                        www.smallplanetworks.com
Engaging and Retaining Gen Y




12
                 www.smallplanetworks.com
Millennial Motivators

•    Balance
•    On the leading edge
•    Make contributions immediately
•    Stability




13
                         www.smallplanetworks.com
Millennials – The Numbers
According to a global PwC study published in 2009:

• 61% of CEOs say their organization has challenges recruiting
  and integrating younger employees
• 98% of recent college graduate respondents said that working
  with strong coaches and mentors is important to their personal
  development
• 80% of respondents want to work internationally
• 85% are members of social networking sites such as
  Facebook and LinkedIn



14
                                      www.smallplanetworks.com
Millennials – The Numbers
According to a global PwC study published in 2009:

• 88% will seek employers with corporate social responsibility
  (CSR) values that reflect their own
• 86% would consider leaving an employer whose CSR values
  no longer reflect their own
• 75% expect to have between 2 and 5 employers in their lifetime
• 66% would embrace the provision of personal services – such
  as housing, food and health appointments – by their employer,
  blurring the line between work and home



15
                                     www.smallplanetworks.com
Examples of Perks



Solar Panel Array
on Google’s HQ
    Building




                       www.smallplanetworks.com
Examples of Perks




Free in-house
cafeteria with
gourmet food




                        www.smallplanetworks.com
Examples of Perks


Relaxation area, exercise equipment,
pool tables and video games --- and
you can bring your dog to work




                                       www.smallplanetworks.com
Examples of Perks




And just for fun – there
are slides available to go
between floors if you
prefer them to stairs, an
elevator or fire station poles




                                 www.smallplanetworks.com
Engaging and Retaining Millennials
Millennials want:
• inclusion in the decision-making process
• challenging work assignments that make
  an impact on the business
• training and professional development
  opportunities – including mentors and coaches
• benefits and perks that match their life-stage
• supervisors who give ample feedback, recognition
  and support to them
• rapid progression “up the ladder”
     Source: MetLife “Engaging the 21st Century Multi Generational Workforce”
20
                                                          www.smallplanetworks.com
Retaining all Generations




21
                    www.smallplanetworks.com
The Five A’s
1. Accepting your “mutual rightness”
2. Acknowledging your interdependency
3. Appreciating what you have in common
4. Assuming responsibility for making your
   relationships better
5. Adopting “The Platinum Rule”


                         www.smallplanetworks.com
Small Planet Works

                        Thank You!
For more information please contact:

Jana Markowitz                         Jimmy Johnson
jmarkowitz@smallplanetworks.com        jfjohnson@smallplanetworks.com
901-682-0830                           901-521-1129




                                           www.smallplanetworks.com

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The Millennials Are Coming!

  • 1. The Millennials Are Coming! Jimmy Johnson and Jana Markowitz Small Planet Works, Inc. www.smallplanetworks.com
  • 2. The Millennial Test Do you know what a Millenial would say? Question 1 You wear flip-flops to: A) The beach B) The pool C) The shower D) The White House 2 www.smallplanetworks.com
  • 3. The Millennial Test Question 2 You completed a small assignment correctly and on-time. You should get: A) Your paycheck B) An atta-boy/atta-girl from the boss C) An extra day of vacation D) Recognition and substantial monetary award at the next business unit meeting 3 www.smallplanetworks.com
  • 4. The Millennial Test Question 3 When you want to see if friends can join you for dinner out, you: A) Pick up the phone and call them B) IM them C) Text them D) Post an invitation on their “Wall” 4 www.smallplanetworks.com
  • 5. The Millennial Test Question 4 Email is: A) The best way to communicate with co-workers B) An annoying waste of time when you’re trying to work C) A great way to communicate with friends and family who live far away D) Only for “Old People” and frankly not much better than “snail-mail” 5 www.smallplanetworks.com
  • 6. Generations in the Workforce www.smallplanetworks.com
  • 7. Generational Groups in the Workforce • 1925-1945 – Traditionalists • 1946-1964 – Baby Boomers • 1965-1981 – Generation “X” • 1982-2002 – Generation “Y” (Millennials) 7 www.smallplanetworks.com
  • 8. The “WE” Generation Watch Video GenerationWE The Movement Begins... YouTube at blinkx.flv www.smallplanetworks.com
  • 9. Generational Differences Traditionalists Baby Boomers Generation “X” Generation “Y” 1925-1945 1946-1964 1965-1981 1982-2002 Work Style By the book; “How” is as Get it done; Whatever it Take fastest route to Work to deadlines and important as what gets takes (Including nights results; Protocol is goals – not necessarily to done and weekends) secondary schedules Authority / Leadership Command and Control; Respect for power and Egalitarian; Rules are Value freedom and Rarely question authority accomplishment flexible; collaboration is autonomy; Less inclined important to pursue leadership positions Communication Formal yet personal; Somewhat formal through Casual, direct, and Fast, casual, direct, and hi- Through proper Channels structured network; mix of electronic; sometimes tech; Eager to please electronic and face-to-face skeptical Recognition / Reward Personal Public acknowledgement A balance of fair Individual and public acknowledgement and and career advancement compensation and ample praise (exposure); satisfaction for work well time off Opportunities for done broadening skills Work/Family Work and family should Work comes first Value work/life balance Value blending personal be kept separate life into work Loyalty To the ORGANIZATION To the importance and To individual career goals To the people involved meaning of work; To the with the project function or profession Technology Complex and challenging; Necessary for progress Practical tools for getting What else is there? “If it ain’t broke, don’t fix and achievement things done it.” Source: VISIONPOINT from an article by Jenna M. Aker 2009 Buildings magazine 9 www.smallplanetworks.com
  • 10. Recruiting Gen Y 10 www.smallplanetworks.com
  • 11. Recruiting Millennials Parents Parents Parents 11 www.smallplanetworks.com
  • 12. Engaging and Retaining Gen Y 12 www.smallplanetworks.com
  • 13. Millennial Motivators • Balance • On the leading edge • Make contributions immediately • Stability 13 www.smallplanetworks.com
  • 14. Millennials – The Numbers According to a global PwC study published in 2009: • 61% of CEOs say their organization has challenges recruiting and integrating younger employees • 98% of recent college graduate respondents said that working with strong coaches and mentors is important to their personal development • 80% of respondents want to work internationally • 85% are members of social networking sites such as Facebook and LinkedIn 14 www.smallplanetworks.com
  • 15. Millennials – The Numbers According to a global PwC study published in 2009: • 88% will seek employers with corporate social responsibility (CSR) values that reflect their own • 86% would consider leaving an employer whose CSR values no longer reflect their own • 75% expect to have between 2 and 5 employers in their lifetime • 66% would embrace the provision of personal services – such as housing, food and health appointments – by their employer, blurring the line between work and home 15 www.smallplanetworks.com
  • 16. Examples of Perks Solar Panel Array on Google’s HQ Building www.smallplanetworks.com
  • 17. Examples of Perks Free in-house cafeteria with gourmet food www.smallplanetworks.com
  • 18. Examples of Perks Relaxation area, exercise equipment, pool tables and video games --- and you can bring your dog to work www.smallplanetworks.com
  • 19. Examples of Perks And just for fun – there are slides available to go between floors if you prefer them to stairs, an elevator or fire station poles www.smallplanetworks.com
  • 20. Engaging and Retaining Millennials Millennials want: • inclusion in the decision-making process • challenging work assignments that make an impact on the business • training and professional development opportunities – including mentors and coaches • benefits and perks that match their life-stage • supervisors who give ample feedback, recognition and support to them • rapid progression “up the ladder” Source: MetLife “Engaging the 21st Century Multi Generational Workforce” 20 www.smallplanetworks.com
  • 21. Retaining all Generations 21 www.smallplanetworks.com
  • 22. The Five A’s 1. Accepting your “mutual rightness” 2. Acknowledging your interdependency 3. Appreciating what you have in common 4. Assuming responsibility for making your relationships better 5. Adopting “The Platinum Rule” www.smallplanetworks.com
  • 23. Small Planet Works Thank You! For more information please contact: Jana Markowitz Jimmy Johnson jmarkowitz@smallplanetworks.com jfjohnson@smallplanetworks.com 901-682-0830 901-521-1129 www.smallplanetworks.com