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Working with Generation Y ConcepSys Solutions LLC  - Adnan Siddiqui
About ConcepSys Solutions Founded in 2008 to license ground breaking integrated conceptual design software – ConcepSys.  ConcepSys is an easy to use and powerful tool for feasibility stage studies (FEL-2) of process industry projects.  It delivers a minimum of 50% savings in time and money  compared to traditional work flow and other conceptual engineering software. View a quick demo at www.concepsyssolutions.com April 21, 2010 Working with Generation Y - Adnan Siddiqui
How will you manage? YouTube video on generations from Kronos Inc April 21, 2010 Working with Generation Y - Adnan Siddiqui
Who is Generation Y? Born between 1978 and 2003 April 21, 2010 Working with Generation Y - Adnan Siddiqui 76 Million
Generation Y Descriptions April 21, 2010 Working with Generation Y - Adnan Siddiqui Goal Oriented Practical Impatient? Hopeful Doting Parents Confident
Generation Y Defining Moments April 21, 2010 Working with Generation Y - Adnan Siddiqui TMT Explosion Economic Boom of 90s Collapse of 2008?
Generation Y Aspirations April 21, 2010 Working with Generation Y - Adnan Siddiqui Work and Life Balance Let’s talk about this! Change the World!
Generation Y and You April 21, 2010 Working with Generation Y - Adnan Siddiqui Audience Poll - How many Millenials do you interact with on a daily basis? Generation Y and Baby Boomers are the two largest cohorts in the workplace today!
Research Portrait of Generation Y April 21, 2010 Working with Generation Y - Adnan Siddiqui Ambition Loyalty vs. quest Multicultural ease Healing the planet Networking by nature
Communicating with Gen Y April 21, 2010 Working with Generation Y - Adnan Siddiqui How does Generation Y prefer to communicate? Face to face Phone Email Text message (SMS) Tweet? Telepathy??
Gen Y Work Ethic April 21, 2010 Working with Generation Y - Adnan Siddiqui Baby boomers Early morning to later evening Generation X Home for dinner and work some more before bed Generation Y Both work and play on a24/7 basis
Attracting Gen Y – Company Reputation April 21, 2010 Working with Generation Y - Adnan Siddiqui vault.com Facebook LinkedIn wetfeet.com
Attracting Gen Y – Expectation Management April 21, 2010 Working with Generation Y - Adnan Siddiqui Career velocity Work norms Culture
Training Gen Y April 21, 2010 Working with Generation Y - Adnan Siddiqui Rotation programs Mentorship programs Online training  Process Industry Practices!
Retaining Generation Y April 21, 2010 Working with Generation Y - Adnan Siddiqui Challenging assignments Sabbaticals to pursue passion or volunteer Sharing information Experience transfer from boomers to Gen Y is critical Technology Tools for remote / flexible work arrangements Mentoring Forward and reverse Are these unique to Gen Y?
Conclusion – Gen Y will require you to adapt how you work April 21, 2010 Working with Generation Y - Adnan Siddiqui Differences Communication styles Work hours (when vs. how much) Career velocity
Conclusion – What you need to do to work with Gen Y April 21, 2010 Working with Generation Y - Adnan Siddiqui Similarities What works to attract and retain other generations works for Gen Y Recognize the unique aspects of Gen Y and adjust your company culture
Conclusion April 21, 2010 Working with Generation Y - Adnan Siddiqui Generation Y needs the knowledgeof Baby Boomers and is eager to learn from them Integrating them will require Flexibility Non-monetary rewards  Green Recognition Social work place
More Information April 21, 2010 Working with Generation Y - Adnan Siddiqui “How Baby Boomers and Generation Y will Reshape Your Agenda” – Harvard Business Review – July 2009 YouTube My blog on project management www.ConcepSysSolutions.com KIPPERS “Kids in Parents’ Pockets Eroding Retirement Savings”

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Working With Generation Y

  • 1. Working with Generation Y ConcepSys Solutions LLC - Adnan Siddiqui
  • 2. About ConcepSys Solutions Founded in 2008 to license ground breaking integrated conceptual design software – ConcepSys. ConcepSys is an easy to use and powerful tool for feasibility stage studies (FEL-2) of process industry projects. It delivers a minimum of 50% savings in time and money compared to traditional work flow and other conceptual engineering software. View a quick demo at www.concepsyssolutions.com April 21, 2010 Working with Generation Y - Adnan Siddiqui
  • 3. How will you manage? YouTube video on generations from Kronos Inc April 21, 2010 Working with Generation Y - Adnan Siddiqui
  • 4. Who is Generation Y? Born between 1978 and 2003 April 21, 2010 Working with Generation Y - Adnan Siddiqui 76 Million
  • 5. Generation Y Descriptions April 21, 2010 Working with Generation Y - Adnan Siddiqui Goal Oriented Practical Impatient? Hopeful Doting Parents Confident
  • 6. Generation Y Defining Moments April 21, 2010 Working with Generation Y - Adnan Siddiqui TMT Explosion Economic Boom of 90s Collapse of 2008?
  • 7. Generation Y Aspirations April 21, 2010 Working with Generation Y - Adnan Siddiqui Work and Life Balance Let’s talk about this! Change the World!
  • 8. Generation Y and You April 21, 2010 Working with Generation Y - Adnan Siddiqui Audience Poll - How many Millenials do you interact with on a daily basis? Generation Y and Baby Boomers are the two largest cohorts in the workplace today!
  • 9. Research Portrait of Generation Y April 21, 2010 Working with Generation Y - Adnan Siddiqui Ambition Loyalty vs. quest Multicultural ease Healing the planet Networking by nature
  • 10. Communicating with Gen Y April 21, 2010 Working with Generation Y - Adnan Siddiqui How does Generation Y prefer to communicate? Face to face Phone Email Text message (SMS) Tweet? Telepathy??
  • 11. Gen Y Work Ethic April 21, 2010 Working with Generation Y - Adnan Siddiqui Baby boomers Early morning to later evening Generation X Home for dinner and work some more before bed Generation Y Both work and play on a24/7 basis
  • 12. Attracting Gen Y – Company Reputation April 21, 2010 Working with Generation Y - Adnan Siddiqui vault.com Facebook LinkedIn wetfeet.com
  • 13. Attracting Gen Y – Expectation Management April 21, 2010 Working with Generation Y - Adnan Siddiqui Career velocity Work norms Culture
  • 14. Training Gen Y April 21, 2010 Working with Generation Y - Adnan Siddiqui Rotation programs Mentorship programs Online training Process Industry Practices!
  • 15. Retaining Generation Y April 21, 2010 Working with Generation Y - Adnan Siddiqui Challenging assignments Sabbaticals to pursue passion or volunteer Sharing information Experience transfer from boomers to Gen Y is critical Technology Tools for remote / flexible work arrangements Mentoring Forward and reverse Are these unique to Gen Y?
  • 16. Conclusion – Gen Y will require you to adapt how you work April 21, 2010 Working with Generation Y - Adnan Siddiqui Differences Communication styles Work hours (when vs. how much) Career velocity
  • 17. Conclusion – What you need to do to work with Gen Y April 21, 2010 Working with Generation Y - Adnan Siddiqui Similarities What works to attract and retain other generations works for Gen Y Recognize the unique aspects of Gen Y and adjust your company culture
  • 18. Conclusion April 21, 2010 Working with Generation Y - Adnan Siddiqui Generation Y needs the knowledgeof Baby Boomers and is eager to learn from them Integrating them will require Flexibility Non-monetary rewards Green Recognition Social work place
  • 19. More Information April 21, 2010 Working with Generation Y - Adnan Siddiqui “How Baby Boomers and Generation Y will Reshape Your Agenda” – Harvard Business Review – July 2009 YouTube My blog on project management www.ConcepSysSolutions.com KIPPERS “Kids in Parents’ Pockets Eroding Retirement Savings”