The Gen Y Project Leadership Strategies for Tomorrow’s Workforce Bea Fields, Beth Bloomfield and Carol Graser Generation Y: Exposed, Explored, Explained About Generation Y Generation Y includes approximately 74 million young men and women born between 1977-1992. They will soon outnumber the Baby Boomers, the generation that has driven our economy and workplace for two generations. This transition is going to create a shortage of skilled leaders for the future and will escalate the war on talent. Generation Y's world view has been shaped by some significant world events, including September 11, global terrorism, the digital age, the melting pot syndrome and the self esteem movement of the 1990's. Generation Y's values are quite unique, and the workplace is quickly changing to try to adapt to the needs and wants of these highly skilled employees. Our Mission Our mission with The Gen Y Project is to learn what companies are doing to develop Gen Y leaders and then share those best practices with the global business community in an effort to build a strong future workplace. We also want to understand the motivators and expectations of Gen Y and how you are addressing their needs and goals. We believe this is critical to ensure that these young men and women are ready to lead your business into the future. Gen Y Profile Generation Y's strengths: • • • • • Technological savvy Entrepreneurial spirit Knowledgeable Networking Open and accepting Generation Y's values: • • • • • • • Meaningful work To "live first and work second" Ongoing learning and development Connection to others Diversity Flexibility Freedom Common challenges in the workplace: • • • • • Job hopping High expectations, often bordering on being unrealistic The need for constant feedback Challenges with face to face interactions Restlessness Common Questions from Traditionalists, Baby Boomers and Generation X: • • • How do we develop this next generation of eager, restless and extremely capable individuals into leaders for the future? How do we keep Generation Y engaged in their day in, day out work? What steps can we take to teach Gen Y to develop loyalty to the company? The Gen Y Project: http://genyleadershipstrategy.com Fields, Graser, Bloomfield © Copyright (2008) All Rights Reserved 2/3 The Gen Y Project: How do you fit in? Here's how you fit in Your company has been identified as one that is experiencing success with Generation Y. There is a dearth of information, knowledge and experience on this topic. We invite you to join our project, share with us your challenges and solutions with Gen Y, and begin the conversation about your most critical asset – your future leaders. Benefits By participating in the Gen Y Project, you and your company will: 1) Gain access to the best practices by participating companies 2) Receive recognition for being a top Gen Y company 3) Understand your Gen Y population through interviews and focus groups Our process We would like to schedule a time to interview leaders in talent management in your company. We would also like to learn from a sampling of your Generation Y employees, either through interviews, focus groups, or an anonymous survey. The interviews and focus groups will be recorded and will be transcribed for use in white papers and a published book. Our Team Bea Fields, President of Bea Fields Companies, Inc., is an executive coach and entrepreneur. Her recent book, Millennial Leaders, is the ground-breaking study of Gen Y and incredible role models of leadership. Phone: (910)-692-6118. email: [email protected]. Beth Bloomfield, Principal of Bloomfield Associates, is an executive coach and leadership consultant. She is coeditor of a forthcoming book, On Becoming a Leadership Coach. Phone: (410)-626-6008. email: [email protected]. Carol Graser, President of NextGen Leaders, is an executive coach, leadership consultant, and expert on culture transformation. She has worked with many Fortune 100 companies to realize change, transform, and embrace technology. Phone: (410)-268-1554. email: [email protected]. The Gen Y Project: http://genyleadershipstrategy.com Fields, Graser, Bloomfield © Copyright (2008) All Rights Reserved 3/3
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