Generation Y: Background

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Presentation transcript:

Generation Y: Background Achieving Adulthood: Times Past Financial independence Marriage commitment Permanent Housing Children Emerging Adult Issues: Now Search for self-identity Self-absorbed Live with parents Optimistic job available; grad school Generation Y: Background

Job Surfing: I would be willing to endure frequent job changes in order to find a job that fits my interests and abilities. I believe I still have a few years to try out different jobs before I settle down into a career. Career/Life Vision: I don’t have any specific goals for this year. I can’t imagine what my life will be like 10 years from now. Marriage: Marriage is not a high priority for me at this point. Goal Instability: It’s hard to find a reason for working. I don’t seem to get going on anything important. I wonder where my life is headed. Superiority: I deserve favors from others. Being admired by others helps me feel fantastic. I have more natural talents than most. Parents: Being able to live at home

The Transition 1950 to 1989 No experience necessary Tenure in 1st position: 4 to 5 years Companies did most of the training 65% of college hires with Fortune 500 Legacy system for recruiting and accountability

The Transition Since Early 1990s Experienced required Tenure in first position 12 to 24 months Most organizations provide little or no training Skills & expectations have soared (employers) 35% to 40% of college grads hired by Fortune 500 Still rely on legacy practices and accountability measures

Gartner: 10 Changes During the Next 10 Years 1. De-routinization of Work 2. Work Swarms 3. Weak Links 4. Working With the Collective 5. Work Sketch-Ups 6. Spontaneous Work 7. Simulation and Experimentation 8. Pattern Sensitivity 9. Hyperconnected 10. My Place

Today’s workplace: Predictable, routine tasks are being either automated or outsourced, or soon will be. Knowledge workers are increasingly taking more responsibility for their work as well as personal growth. Hierarchy is being replaced by wirearchy. Managers are being replaced by leaders, coaches, and facilitators, or will be. The kinds of work being done are those that defy being codified into step-lists or guidelines. The problems are complex—often chaotic—and resist solving using best practices of yore. Ambiguity, complexity and chaos are replacing the predictable, known, and simple. The competitive edge is the ability to problem solve quickly and innovatively. The day of individual stars are past; it is time for collaborative team work. Routine expertise, based on set skills and crystallized intelligence, is being superseded by a need for more adaptive expertise and fluid intelligence. 

Talent on Demand Professional skills and competencies are critical All academic majors are in play IF? Connect their academics to the real world Able to tell their story The starting job no longer resides in the workplace. Having pre-professional experience is a must

Professional Competencies: Critical in Hiring & Fast Growth in Importance for all Majors Build and sustain professional relationships Analyze, evaluate and interpret data Engage in continuous learning Communicate through persuasion and justification Plan and manage a project Create new knowledge Seek global understanding Mentor and develop others Build a team Initiative: The Holy Grail

What College Experiences Count? Study Abroad Supervised civic engagement Leadership in a non-professional organization Scholarly research with faculty International Internship Faculty supervised Consulting project with company Leadership in a professional organization Internships

The Gatekeeper Professional practice: must have the type of practice that is expected in the setting one expects to go Minimum: 6 months continuous High stakes event Dealing with unpaid issue as well as credit

The Bottom Line: Two Choices The CHOICES Technically savvy liberal arts graduates Liberally educated technical graduates 48% of employers seek a balance between liberal and technical preparation

Thinking Ahead Future of the careers depends on being Committed to promoting the development of comprehensive professional competencies, attitudes, and behaviors Committed to encouraging self-directed, active learning as preparation for becoming life long learners Committed to enhancing integration of liberal learning, disciplinary, interdisciplinary & co-curricular concepts into a professional foundation Committed to expanding ability to deal with unexpected, emerging issues