Effects of Generational Dynamics

ENSURING BUSINESS CONTINUITY AND PROFITABILITY BY UNLOCKING THE POWER OF EVERY GENERATION

Our purpose is to provide multigenerational insights and solutions for companies to create sustainable competitive advantage through workforce performance.

Every organization has its own unique workforce identify comprised of the people engaged in supporting the enterprise. This is the first time in history that the workforce is comprised of four different generations.    The competitive advantage for organizations results when the knowledge, skills, abilities, motivations, values and interests are harnessed toward unlocking the power of each generation.  Since every organization’s GenerationalDNA is unique and different, it is essential to unravel generational workforce issues and develop strategies and tactics to leverage the organization’s generational power.

Without approaches to eliminate multigenerational friction points, organizations will be faced with a myriad of problems, including:

• Loss of intellectual capital as Baby Boomers and Traditionalists retire and fail to pass on their knowledge, relationships, secrets, etc.
• Inability to attract the Generation Y candidates due to outdated attitudes, technology, and talent management practices.
• Lack of ready-now back up candidates to key roles.
• Wasted investments in training and development without recognizing the differences in learning across the generations.
• Loss of business due to sale/service and customer disconnects.
• Turnover at the most critical levels of the organization, the newly hired Generation Y and X candidates that must be in place to sustain the business.
• Ineffective team performance due to conflicts among team members and with managers due to lack of understanding of the generational differences that exist.
• Poor leadership due to outdated models and approaches to skills development.