
Though marketers are still arguing over the labels,
researchers have developed fairly consistent sets of values, motivators and
social behaviors that differentiate each of today’s four prevalent generations.
Large employers may have employees representing all four
groups. That is where the fun starts for managers. The following
characteristics and ages are generally used to describe the four generations:
- Many Veterans (a.k.a.
depression babies, traditionalists and Tom Brokaw’s “Greatest Generation”)
still are in the workforce, either tilting toward retirement or back from it.
These workers, born between 1922-1943, were forged by the depression, World War
II and patriotic, world-class statesmen like Churchill, Truman and Roosevelt.
They work hard, with dedication and conformity and diligence. They obey the
rules and respect authority.
- Baby
Boomers now dominate management and middle management. Born
between 1943-1960, they were the first American generation spoiled by
near-universal prosperity. Boomers grew up with more privilege, spending power
and education than any preceding generation. At every stage of life, they have
basked in the world’s spotlight. Television, progressive social movements and
global awareness shaped their values of optimism, involvement, teamwork,
individual growth and personal gratification. Their heroes were often rock and
roll pioneers, space pioneers and social pioneers: Kennedy, Glenn, Steinem,
Presley and Lennon. In earlier years, they brought passion, competition,
compassion and drive to the workplace. Now they are more interested in entering
retirement with their bodies and economic prosperity intact.
- Generation X, born
between 1960-1980, is nearly as large as the Boomer group. They are children of
the fall, born into a world rocking free from its cornerstones of eternal
verities, traditional values and nuclear families. They are the Sesame Street
generation, shaped by MTV, computers, AIDS, globalism and a tidal wave of U.S. immigration.
Weaned on TV, materialism and assassinations, their heroes were sports and
entertainment millionaires, or no one at all. Gen-X’rs are skeptical, informal,
pragmatic, self-reliant and independent. On the job, they are creative,
adaptable risk-takers, unintimidated by authority. They are technoliterate,
honor diversity and work/life balance. They are interested in achievement and
economic security more than altruism at work.
- Generation Y
(aka Generation 2K, Millennials, Nexters, Baby Busters, Echo Boom) is the
emerging generation (1980-), still finding itself. They have characteristics of
hope, idealism, traditional values and confidence in institutions like their
grandparents, but are techno-savvy, skeptical and realistic like their older
siblings. They were born into the information age on a shrinking planet. Their
core values include diversity, fairness, honesty,
respect for others and assertiveness. Their heroes are their parents. They tend to be mature, responsible, self-sufficient and
pragmatic. Gen Y’rs are accustomed to busy schedules and
multitasking, and are expected to have solid work ethics (though few are yet in
the workforce).
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