Senior executives are increasingly struggling with managing generational differences in their workforces. Today’s workforce is more diverse than ever – not only in terms of race and gender, but also age, economic status and education.
Poised to make the biggest impact to our workforce today is the Gen Y generation, known as Millennials. Approximately eighty million strong (forty million of which are already in the workforce), this “up-and-coming” generation is, perhaps, the most diverse (and problematic?) generation yet. Largely born in the 80’s and 90’s, Millennials are expected to account for a vast percentage of tomorrow’s leaders. In fact, Millennials will make up three out of every four workers worldwide by 2025.