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Generations - photo credit The Center for Generational Kinetics

Unlock the Power of Generations to Grow Your Business

It was 8am at AWG’s Innovation Showcase and some of us were still consuming our first cup of coffee for the day. If you’re a millennial…ok, maybe even if you’re not a millennial, it was pretty early in the morning to sit and listen to an hour-long presentation. But with Jason Dorsey as the speaker, we were sure to be both educated and entertained. Jason is the President of The Center for Generational Kinetics, whose mission is to separate generational myth from truth through data. In Jason’s talk, the generations he covers are Baby Boomers (born in 1946-1964), Generation X (1965-1976), Millennials (1977-1995) and Generation Z (1996-TBD).

For the first time in history we have 4 generations working together. For those of us who work with people of many different ages, it can cause some challenges, especially when it comes to communicating with each other. Jason uses humor during the presentation to poke fun at each generation but makes some key points. He illustrates a scenario. “Who here has ever had a conversation with a young person and you just knew by the end of it they had no idea what you’re talking about? So baby boomers take out a pen and paper and you write us a note…by hand…in cursive! We can’t read cursive! So what do we do? We text you and you never get the text.”

Jason and The Center coach organizations made up of multiple generations on how to successfully work together to drive results. They have found that members of the same generation share similar characteristics when it comes to buying patterns and workplace styles.

Let’s look at some of those characteristics. As the baby boomers pull out their leather binders and highlighters and the millennials take notes on their phones, we begin to jot down some of the common behaviors for each generation.

Baby Boomers:

  • Strong work ethic. Work hours don’t count unless they see you working. Flex time and working remotely were unheard of in their day.
  • Independent, self-assured
  • Goal-centric

Generation X:

  • No one talks about Gen X. They are like the middle child between baby boomers and millennials.
  • Naturally skeptical. Actions speak louder than words. Need verification.
  • Loyal to individuals; not to organizations. Most loyal generation.
  • Independent, resourceful, self-sufficient
  • Comfortable with computer technology because computers have been around since the beginning of their careers, longer for the younger ones in the group

Millennials:

  • Older than most people assume
  • Outspend every other generation
  • Student loan debt delays major life events (marriage, children)
  • Unlimited options decrease urgency to commit
  • #1 generation to refer friends to grocery store
  • Future generational split
  • Tech dependent; not tech savvy. They don’t know how technology works but they know how to use it.
  • #1 way to communicate is through texting, #2 is email but they only read the subject line, #3 is social media.

Generation Z:

  • Were told they would not end up like entitled millennials
  • Thriftier with money than millennials
  • Believe they will have to work harder and longer to get where they want
  • Are expected to leap frog millennials in the work force

We often hear the term, “new technology”. Technology is new only if you remember the way it used to be. Gen Z spends a great deal of their time online and interacting with friends through social media. They don’t remember a time without social media or without cell phones. Jason talks about his 8-year-old daughter who communicates with him through FaceTime. Seeing the person you are talking to on your cell phone or iPad is what she considers to be the way you call someone. If most kids her age receive a call and they can’t see the person who is calling them, they won’t answer. If we want to unlock the potential with younger generations, we need to learn their language and communicate the way they do.

Why do I work at AWG? I appreciate having the opportunity to use my creative and web development skills to assist our retailers in marketing their stores. AWG is a reputable company and the marketing department consists of a great team, working together in a fun environment. Plus I love to eat! I especially like trying new products.