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Why The Digital Workplace Can't Survive Without a New Approach to Millennials: 5 Habits to Break,...
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Transcript of Why The Digital Workplace Can't Survive Without a New Approach to Millennials: 5 Habits to Break,...
Why The Digital Workplace Can’t Survive
Without a New Approach to Millennials:
5 Habits to Break
Presented byGreg Giangrande | EVP + CHRO, Time Inc.
2013
1990
al
1976
1966“Today's young man accepts none of the old start-on-the-bottom-rung formulas that directed his father's career, and is not even sure he wants to be A Success. He is one already.”
–TIME Man of the Year-TIME Man of the Year, 1966
“When I was a boy, we were taught to be discrete and respectful of elders, but the present youth are exceedingly wise and impatient of restraint.”-Hesiod, Greek Epic poet
700 BC
Millennial stats
About 80 million in the U.S.[TIME]
Age range from 20s to early 30s
Most ethnically and raciallydiverse generational group inhistory [Pew Research Center]
Would we stereotype any other demographic group?
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The headlines
5 Things to StopDoing
By 2020, 46 percent of workers will be millennials.
[UNC Kenan-Flagler Business School]
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Never before in history, ever, has a generation had this much ethnic diversity.
[Pew Research Center]
40 percent of millennials are non-white:
18.5% are Hispanic; 14.2% are Black; 4.3% are Asian; 3.2% are mixed race or other.
59.8%, a record low, are white. [Pew Research Center, 2010]
By 2020, Hispanics, Blacks, Asians, and all those belonging to the “all other groups” category will make up nearly 40 percent of the civilian labor force.
[Bureau of Labor Statistics]
By 2050, there will be no racial or ethnic majority in the United States.
[U.S. Census Bureau]
Globalization
By 2020, two billion people will be studying English.
[Forbes]
Presented byGreg Giangrande | EVP + CHRO, Time Inc.
Questions?
Presented byGreg Giangrande | EVP + CHRO, Time Inc.