Who AreThe 5 Generations?
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Everything about work is changing, and how we managed in the 20th Century just isn’t applicable to the 21st Century. One of these factors is that Generation Z entered the workforce in 2017 and when that happened it became the first time in history that there were 5 generations in the Workplace working side-by-side.
The five generations are defined as:
Traditionalists or the Silent Generation– born before 1945
Baby Boomers – born 1946 to 1964
Generation X – born 1965 to 1980
Generation Y or Millennials – born 1981 to 1995
Generation Z – born 1996 to 2012
So how did we get to five generations working together? Many trends have led to this multi-generational workforce being created, including:
- Longer life spans – The World Population Ageing Report reveals that “virtually every country in the world is experiencing growth in the number and proportion of older persons in their population.”
- Traditionalists and Baby Boomers are not retiring in the same way that previous generations did, for myriad reasons – consider that Prince Philip retired from public duties in 2017 at the age of 96.
- Constant technological advances are resulting in new ways of working allowing for a wider range of generations to remain working.
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Generational Characteristics: A Snapshot
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Times have changed, and now you could find yourself working with as many as five generations. Broadly speaking, each one has its own set of preferences, styles, perspectives, and experiences.
This table shows the different age groups that are in the labor force today. It describes their traits and characteristics, and how they are frequently stereotyped.
CLICK ON THE TABLE IMAGE TO OPEN A LARGER VERSION
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Source: www.mindtools.com
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Reverse mentoring refers to an initiative in which older executives are paired with and mentored by younger employees on topics such as technology, social media and current trends. In the tech industry or other businesses that rely heavily on technology, reverse-mentoring is seen as a way to bring older employees up to speed in areas that are often second nature to 20-something employees, whose lives have been more deeply integrated with computers and the Web.
The idea that senior executives could stand to learn a thing or two from new employees goes against traditional workplace practices, where most more experienced workers often provide the most input, make decisions and provide mentorship to newer employees with less experience. However, the fast-moving developments in technology and trends has reversed this logic in some offices, where older workers may have experience and insight, but lack strong skills in newer technologies.
Also, while some older executives are insulted by the notion of being mentored by a new employee, many see it as an opportunity for give and take, where new and experienced employees share their knowledge, boosting both groups' understanding and improving overall communication and collaboration in the workplace.
Jack Welch, former CEO of General Electric, has been credited with helping to spread the popularity of reverse mentoring. Back in the '90s, he realized that GE management had much to learn about the Internet, so he mandated that top executives at the company (including himself) take on a reverse mentor. High-profile cases like this have helped to ease the stigma of reverse mentoring, even getting it to the point where some older employees are actually requesting it.
Source: www.technopedia.com
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Coach's Corner: Benefits of Reverse Mentoring Programs
Here are a few of the benefits of implementing reverse mentoring:
- It empowers newer employees and makes them feel trusted.
- The young mentors can gain important leadership skills if they’re able to navigate the situation well.
- It can allow experienced employees to stay up-to-date longer on newer technology without the need for more formal training. They can adapt to changing workplace technologies and trends like social media, phone messaging apps, crowd-sourcing, or other new software.
- It can provide insights. This time can be used to train more experienced employees on what the younger generation values and needs from the employer.
- Both sides can learn more about the viewpoint of the other person, who may be of a different generation.
- The mentoring relationship can easily be customized to focus on the needs of the individual participants.
- Both sides can gain self-confidence.
- Mentoring relationships can foster better communication and collaboration in everyday interactions.
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