FranklinCovey’s Generations Solutions
For the first time in history your organization faces four generations of employees and clients—Traditionalists, Baby Boomers, Gen X, and Millennials. The ability to lead multiple generational types and work among them is one of the critical people issues of the next decade.
Think about these stunning facts:
- The U.S. Bureau of Labor Statistics predicts that almost all Traditionalists and half the Baby Boomers will leave the work place by 2020. Will they take their knowledge with them? Do you have the leaders ready to replace them?
- Workforce experts indicate that if the market grows at a historically low three percent a year, shortages of workers estimates range from two million to twenty million. The war on talent has just begun. Is your organization attractive to the Millennials? Will your culture attract Boomers to come back part time?
- Over sixty percent of all workplaces acknowledge generational tensions (Watson Wyatt, USA Today). Does your organization know how to modify management styles for each generation when difficult situations arise?
- Most sales people can personally relate to only two of the four generations. Are you missing half your market?