TASFAA 2015 A Growing Family Tree

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Hector Quinn
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1 TASFAA 2015 A Growing Family Tree

3 WHAT IS THIS PRESENTATION ALL ABOUT? 3

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TRADITIONALIST Born: 1922 1945 (About 5% of the Workforce) Work, Ethics, and Values: Hard work Respect Values Sacrifice Duty before

6 TRADITIONALIST Born: (About 5% of the Workforce) Work, Ethics, and Values: Hard work Respect Values Sacrifice Duty before fun Adhere to rules Interactive Style: Individual Communications: Formal memo Messages that motivate: Your experience is respected 6

7 Traditionalists Motivators O Acknowledge experience O Learn their background O Don t rush them O Treat them with respect O Personal Touch Communication Strengths O Loyal O Hard working O Detail orientated O Knowledgeable O Good Mentors 7

8 Let them know that you value their experience and loyalty to the organization, spend adequate time in orientation and training activities (including the use of technology), and respect common norms of courteous behavior. 8

BABY BOOMER Born: 1946 1964 (About 41% of the Workforce) Work, Ethics, and Values: Workaholics Work efficiently Crusading causes Personal fulfillment

9 BABY BOOMER Born: (About 41% of the Workforce) Work, Ethics, and Values: Workaholics Work efficiently Crusading causes Personal fulfillment Question Authority Interactive Style: Team player, loves to have meetings Communications: In person Messages that motivate: Your are needed or valued 9

10 Baby Boomers Motivators O Financial Recognition O Opportunities for growth O Personable O Face-to-face communication O Acknowledge their value Strengths O Driven to succeed O Politically correct O Team Player O Desire to please O Knowledge of business practices 10

11 Show them how they can be an organizational star, provide them with training and developmental opportunities, and involve them in operational matters. 11

GEN X-ER Born: 1965 1980 (About 29% of the Workforce) Work, Ethics, and Values: Eliminate the task Self-reliance Want structure and direction

12 GEN X-ER Born: (About 29% of the Workforce) Work, Ethics, and Values: Eliminate the task Self-reliance Want structure and direction Skeptical Interactive Style: Entrepreneur Communications: Direct and Immediate Messages that motivate: Do it your way and Forget the rules 12

13 Generation X Motivators O Provide a challenge O Opportunities for advancement O Feedback O Work/Life balance O Teamwork O Input on decision making Strengths O Adaptability O Technologically savvy O Independent O Creative O Team Player 13

14 Partner them with mentors (ideally Boomers) whom they can respect, do not expect them to give up their life for the job, promote work/life balance, and refrain from giving them too much extended hands-on supervision. 14

MILLENNIALS Born: 1981 2000 (About 25% of the Workforce) Work, Ethics, and Values: What s next Multitasking Tenacity Entrepreneurial Tolerant Goal

15 MILLENNIALS Born: (About 25% of the Workforce) Work, Ethics, and Values: What s next Multitasking Tenacity Entrepreneurial Tolerant Goal oriented Interactive Style: Participative Communications: Text, , Voic Messages that motivate: You will work with other creative people 15

16 Millennials Motivators O Relationship w/ Boss O Frequent feedback O Flexibility in how work is completed O Solicit ideas O Treat them as professionals Strengths O Optimism O Great collaborators O Technologically savvy O Team Player O Creative 16

17 Capitalize on their technological skills, provide them with structure, allow them to work in a collaborative manner, be generous with training and orientation activities, and involve them in reverse mentoring programs with Boomers and Gen Xers. 17

18 The Millennial Generation The Millennial Generation has emerged as a force that will shape the social and economic dynamics of the next decade (Howe & Strauss, 2000). 19

19 Millennial Students Characteristics What do you believe are the characteristics of a millennial? 20

20 Individuals raised with computers deal with information differently compared to previous cohorts: They develop hypertext minds, they leap around. - Marc Prensky 21

C h a r a c t e r i s t i c s o f t h e M i l l e n n i a

O Learn better through discovery and experiential learning

their attention rapidly from one task to another and may

them attention deployment O Believe multitasking is a way

activities simultaneously O Believe staying connected is

21 C h a r a c t e r i s t i c s o f t h e M i l l e n n i a l s O Students of the Millennial Generation are accustomed O Learn better through discovery and experiential learning rather than by being told O Have the ability to shift their attention rapidly from one task to another and may choose not to pay attention to things that don t interest them attention deployment O Believe multitasking is a way of life and are comfortable when engaged in multiple activities simultaneously O Believe staying connected is essential and they want a fast response time (Howe & Strauss, 2000) 22

Their learning styles originated with millennials growing up with technology millennials were born around the time the PC was introduced 20% of the students began using

22 Their learning styles originated with millennials growing up with technology millennials were born around the time the PC was introduced 20% of the students began using computers between the ages of 5 and 8 and almost all millennials were using computers by the time they were 16 to 18 years of age (Jones, 2002). Imagine the younger millennials! 23

intimacy O Ambitious, but with unrealistic expectations O Well

23 How they Tick O Exposed to vast amounts of information at a very young age O Different patterns of communications and social intimacy O Ambitious, but with unrealistic expectations O Well aware of rules, but enjoy the challenge of circumventing the rules 24

24 ENGAGING THE MILLENNIALS O Learn at a fast pace that does not involve a telling style / text-oriented style of teaching O Like visual examples, less text, and less telling O Want interactivity 25

25 Your goal should not be to discard social media, but to figure out how to make it a powerful tool, rather than a useless distraction. -Ben Parr 26

26 The principle goal of education is to create men and women who are capable of doing new things, not simply repeating what other generations have done. - Jean Piaget 27

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The Thomson Reuters LEGAL EXECUTIVE INSTITUTE presents

The Thomson Reuters LEGAL EXECUTIVE INSTITUTE presents Millennials, the Multi-Generational Workforce and their Impact on Law Firm Moderator: William Fowler, Vice President & General Counsel, Profit Recovery