the Millennials a.k.a Generation Y
Last 2-3 weeks, it was graduation season in all across US universities and rest of the world also. Mainly in US, all media writing lot of articles and talk shows covering this topic. Why they are giving more importance? This generation going to be the vital part of next workforce, because they are going to fill up vaccum created by baby boomers (People who born between 1946-1964) starting from 2010 to 2015.
This new generation is called Generation Y, they born between 1979 to 2002. They enjoyed most of digital advancement from birth. Here are some interesting facts about the Millennials.
97% own a computer
94% own a cell phone
76% use Instant Messaging.
15% of IM users are logged on 24 hours a day/7 days a week
34% use websites as their primary source of news
28% author a blog and 44% read blogs
49% download music using peer-to-peer file sharing
75% of college students have a Facebook account
60% own some type of portable music and/or video device such as an iPod.
Source : Wikipedia.com
As a Generation X , we have to adjust with this new Millennials, in order to comfortably work with or manage them. As a late Generation X like me, we have a added advantage that our spouse may be part of Generation Y, so naturally we have some knowledge of Generation Y's thought process and their advanced digital feeling. Here are some tips I collected from various articles and talk shows.
1. Generation Y loves to do multi tasking. This is very greatest advantage of Generation Y, we can ask any help at any time, they will listen and provide answers or some pointers. They won't say "I'm busy come after sometime". This is because they are exposed to online chat and they try to chat with 3 different people at same time talking with somebody over phone from their early teen age.
2. Networking is the greatest capability of Generation Y. They try to get in touch with their kinder garden friends to college mates. We can really utilize this from Generation Y. If we want some help with our backache or something, ask a Generation Y, with in minutes you will get email id, chat id and mobile number from their contact list, who is Physiotherapist from his/her school days.
3. Generation Y are most work-life balance aware people. They will not work for 60 hours per week, which was defined by baby boomers and we X'ers followed it. Generation Y try to complete the task early, by applying new technology or tools(or even getting some help from friends). Naturally they want to spend lot of time with their friends and parents.
4. The natural tendency of Generation Y'er is to move job very frequently. Kind of "they want to join the company which was founded by their friend(s) a month ago". This is very important if we try to manage them, we will not get job done by threatening/commading them or putting more pressure on them. If we provide a good structure of work and create a friendly environment, they will complete work early with high quality. Otherwise, they try to update resume over mobile phone and send it to their network and find a job within 20-30 mins.
5. One disadvantage of Y'er is try to move upward in company ladder very fast. They want 6 months to move from trainee to coder, 6 more months from coder to sr. engineer and other 6 months to sr. engineer to director and within 1 years they want to become VP, and 3 more years to CEO. Which is very wrong by all the principle we set within organizations. They want to move upward very soon because they getting bore on one position, so we can try to accommodate their interests by allowing them to move within internal teams.
This new generation is called Generation Y, they born between 1979 to 2002. They enjoyed most of digital advancement from birth. Here are some interesting facts about the Millennials.
97% own a computer
94% own a cell phone
76% use Instant Messaging.
15% of IM users are logged on 24 hours a day/7 days a week
34% use websites as their primary source of news
28% author a blog and 44% read blogs
49% download music using peer-to-peer file sharing
75% of college students have a Facebook account
60% own some type of portable music and/or video device such as an iPod.
Source : Wikipedia.com
As a Generation X , we have to adjust with this new Millennials, in order to comfortably work with or manage them. As a late Generation X like me, we have a added advantage that our spouse may be part of Generation Y, so naturally we have some knowledge of Generation Y's thought process and their advanced digital feeling. Here are some tips I collected from various articles and talk shows.
1. Generation Y loves to do multi tasking. This is very greatest advantage of Generation Y, we can ask any help at any time, they will listen and provide answers or some pointers. They won't say "I'm busy come after sometime". This is because they are exposed to online chat and they try to chat with 3 different people at same time talking with somebody over phone from their early teen age.
2. Networking is the greatest capability of Generation Y. They try to get in touch with their kinder garden friends to college mates. We can really utilize this from Generation Y. If we want some help with our backache or something, ask a Generation Y, with in minutes you will get email id, chat id and mobile number from their contact list, who is Physiotherapist from his/her school days.
3. Generation Y are most work-life balance aware people. They will not work for 60 hours per week, which was defined by baby boomers and we X'ers followed it. Generation Y try to complete the task early, by applying new technology or tools(or even getting some help from friends). Naturally they want to spend lot of time with their friends and parents.
4. The natural tendency of Generation Y'er is to move job very frequently. Kind of "they want to join the company which was founded by their friend(s) a month ago". This is very important if we try to manage them, we will not get job done by threatening/commading them or putting more pressure on them. If we provide a good structure of work and create a friendly environment, they will complete work early with high quality. Otherwise, they try to update resume over mobile phone and send it to their network and find a job within 20-30 mins.
5. One disadvantage of Y'er is try to move upward in company ladder very fast. They want 6 months to move from trainee to coder, 6 more months from coder to sr. engineer and other 6 months to sr. engineer to director and within 1 years they want to become VP, and 3 more years to CEO. Which is very wrong by all the principle we set within organizations. They want to move upward very soon because they getting bore on one position, so we can try to accommodate their interests by allowing them to move within internal teams.
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