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How Do Generational Differences Play into Management? Multigenerational Retail: Walgreens Co. Recruitment Strategy 10 Keys for Team Leaders to Manage By Kunthida Jariyavithayakul Pichamon Adulavidhaya Kosit Wibullaksanakul Thadchawadee Wejrungsikul Managing People
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How Do Generational Differences Play into Management?
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Generational Characteristics GenerationsTraits Factors Contributing to Job Satisfaction Veterans (1922-1945) prefer a consistent workplace. a traditional work ethic and loyalty to their employers. follow directions well. Security and clear expectations. formal communication style. keep personal and business lives separate. rules-oriented. money and feeling needed. want to contribute, lead, and exercise control.
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Generational Characteristics GenerationsTraits Factors Contributing to Job Satisfaction Baby Boomers (1946-1960) known to manipulate rules to meet goals. service-oriented. sensitive to feedback. optimistic, driven, more free spending, and care what others think. like time to discuss idea. financial rewards, peer recognition, and prestige. want the job to enhance their egos.
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Generational Characteristics GenerationsTraits Factors Contributing to Job Satisfaction Gen-Xers (1960-1980) work well with others, but are just as happy working alone. informal, self-reliant, pragmatic, and technologically competent. a better balance between work and home. more casual communication style. more skeptical. time off; mentoring; skills training; bonuses; meeting goals. want to be recognized from the boss.
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Generational Characteristics GenerationsTraits Factors Contributing to Job Satisfaction Gen Y-ers (1981-2000) interested and comfortable with new technology. less experienced at handling difficult people. require more supervision. Diversity is a big concern. resilient and tend to work longer hours to meet goals. time off; mentoring; meeting goals; and reading and learning. want to build their skills for the next job.
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Walgreens Co.
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Senior employees Walgreens views they… - Bring tremendous work and life experience - Be mentors and coaches - Reliable - Customer-focused - Loyal What they look for… Convenient locations (near the community in which they live) To attract their interest, Walgreens involves… - American Association of Retired Persons’ (AARP) Featured Employer Program
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Generation Y employees Walgreens views they… - Add great insight to the company - Keep the company up to date - Eager to learn new skills What they look for… Experience, Good-humored leadership, Feedback, Appreciation and Opportunity to learn To attract their interest, Walgreens involves… - Students In Free Enterprise (SIFE) - Distributive Education Clubs of America (DECA) Walgreens Co.
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Recruitment Strategy
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Traditional recruiting methods Run newspaper ads Employee agencies Schools and colleges Customers as employees Hiring their customers REI The Container Store
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Customers as employees Advantages: Hiring their customers Convenient Cost-effective High quality candidates Enthusiastic Knowledge about products and services Requiring less training Affinity for the corporate culture and values Caveat: Best for positions that don’t require specialized skills or experience.
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Marketing Tactics for Recruiting Bag-stuffers Inserting a recruitment brochure into customers’ bags with their purchases The company web site Employers with a retail presence on the Internet can use the company web site to encourage customers to apply Any corporate events
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10 Keys for Team Leader to Manage
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10 Keys for Team Leaders to Manage Purpose Roles Culture Conversation Feedback
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10 Keys for Team Leaders to Manage Pace Entry and Re-Entry Weaving Participation Flow
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Bibliography Arnold, J. T. (2007). Customers As Employees. HRMagazine, 52(4). Retrieved May 3, 2007, from Business Source Premier database. Field, K. (2006). Multigenerational Retail. Chain Store Age, 82(1). Retrieved May 3, 2007, from Business Source Premier database. http://beginnersguide.com/management/managing-the- people-side-of-the-business/how-do-generational-differences- play-into-management.php http://beginnersguide.com/management/managing-the- people-side-of-the-business/how-do-generational-differences- play-into-management.php http://www.groupjazz.com/pdf/ten.pdf http://www.groupjazz.com/pdf/ten.pdf http://www.youtube.com/watch?v=xIMhigiGB4g http://www.youtube.com/watch?v=xIMhigiGB4g
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