Baby boomers, millennials or the XY generation, are all representative of the broad workforce demographics that exist within your organisation.
The different generations will demand different working environments and therefore it’s important that organisations are able to tune into the requirements of these different generations. It can be a challenge but you need to develop and build processes and procedures to enable all ages and types of people to thrive and flourish.
Different age demographics create an environment where different skills and talents are available which can be even more advantageous if you are dealing with multi-generational customers.
Having a diverse workforce also provides opportunities for reverse mentoring, shadowing and learning experiences, so that you can gain insight into the gifts that each generation is going to bring your organisation. If you value the knowledge, experience and skills that different generations bring, everyone can teach, share and learn from each other.
NB: If you are still confused about the generations, it is not surprising as definitions vary, here is one simple explanation (2018)
- Baby Boomers: born between 1944 and 1964. They’re current between 54-74 years old
- Gen X: born between 1965 – 1979 and are currently between 39-53 years old
- Gen Y: or Millennials, were born between 1980 and 1994. They are currently between 24-38 years old
- Gen Z: is the newest generation to be named and were born between 1995 and 2015. They are currently between 3-23 years old