By Alister Dias, Vice President & Managing Director, EMC, Australia & New Zealand
Interestingly, a recent global study found that 42 per cent of leaders reported generational differences were the primary cause of conflict within their organisations. Considering that 10 years ago some members of Generation Y hadn’t started high school and they’re now entering the workforce, it’s understandable that staff don’t all operate on the same wavelength.
In the next 10 years we will see significant changes in the workplace and the workforce.
Currently, 15 per cent of Australia’s workforce is made up of Generation Y employees. This is set to change. Within 15 years, Generation Y will make up almost half of the workforce.
Never before have we seen a generation gap so wide and one that mattered so much. For the first time in history, organisations could have up to five generations working alongside one another.
As leaders in business, it is essential for us to be able to successfully recruit, manage and motivate staff from all generations. In addition, we need to successfully integrate varied groups of people into a unified organisational culture. Well, the bad news is that the changing demographic of the workforce may mean the way we approach this today may not work tomorrow; so how can we prepare?
To discuss the challenges the changing workforce will present, we’ve invited Michael McQueen, a specialist in demographic shifts, change management and future trends, to be a guest speaker at EMC Forum in August. Michael will provide insight into how to deal with growing generational differences in organisations.
Michael is a three-time bestselling author and is considered among an elite group of thinkers credited with changing how we think about generations in the workplace. His research into defining attitudes and values of emerging generations is arguably the world’s most extensive.
As organisations become more age-diverse than ever, it is becoming important to prepare for and capitalise on the competitive advantage that the next generation of workers represent.
Michael’s presentation at EMC Forum will focus on how to ‘de-code’ the workforce of tomorrow and outline some of the key reasons no organisation can afford to ignore Generation Y. Myths associated with Generation Y will be dispelled and strategies on how to best attract, harness and integrate these individuals into an organisation will be explored.
Find out more about EMC Forum here.
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