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The Generation Gap At Work

Money has a great article on some generation gap myths, written from the viewpoint of a boomer.

They are;

Young People Love Change.
They don't if they have more to lose than gain.

Gen X- and Y-ers lack a strong work ethic.
They don't. They simply work differently. They focus, finish, and leave. No chatting at the coffee machine for them.

They disrespect elders.
It is not disrespect to ask why things are being done.

And

Younger workers prefer to go it alone.
Nope, the means of communicating has changed. Younger people prefer to communicate via email or text rather than via meetings.

Frankly, as a non-boomer, I find this "hot" discussion on the newest generations being "different" amusing. Every generation is different. The boomers caused chaos in their parents' work places. Their parents did the same with their own parents.

Why?

See the first point. No one likes change (regardless of the generation). So when change comes (and it will come, change is the only true constant), the new generations are blamed. Grumble, grumble.

What does this have to do with investing? Lots because how you deal with the different generations in your workplace is usually reflected in your promotions and pay increases. And if you're not a employee? The younger or older generations can be your own employees, your customers, and often your business partners (that's a good thing, different viewpoints means different ideas translating into better products).

Posted by Kimber on January 16, 2008 6:00 AM |

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