Search This Blog

Tuesday, April 9, 2013

BRIDGING THE GAP - Booomers to Millennials


Bridging The Gap:  Boomers to Millennials
We are going to look at the differences between generations and show what have been some of the major events that have impacted and shaped the way the millennial generation lives. Let’s view this from some distinct perspectives.
·         Societal Norms
·         Political Events
First it is important o know how we define the generations. As of today there are four generations that are still or are potentially still in the workforce as of today.  They are:

          The Veterans (the Silent Generation or the Greatest Generation) 1922–1943

          The Baby Boomers 1943–1964 (the largest generation) 84 million

          The Gen Xers 1965–1982  (Lost generation, Half the size of baby boom)

          Millennials/Echo Boom 1982-2002 (peak 1990 almost as large as the baby boom) 81 million

The largest part of the workforce today is the baby boomers, however they are steadily decreasing in numbers and being replaced by the Gen X/and Millennials. With the changing work force and workplace make up there comes a plethora of challenges. Communication style and methods, work ethic, life priorities, etc.  Some of the issues are the way that we connect as well as our expectations of the younger generation.

Generation Y -  follow Gen X  and are also known as the Net Generation - internet, cell/smart phones, computers, infinitely comfortable with technology. They are a part of the rebound or echo boom with baby boomers having more children that Gen Xers. There is an Echo Boom  “population momentum” happening as we speak.

So the question is how did this generation come to be? These so called Millennials.

First, the Baby Boomers started having a “bounty” of babies! Boomers chose to become older parents in the 1980’s and 1990’s. Then the next generation made a choice to look back at the “good old days” and chose to revert back to the earlier birth-age norm for women.

The baby boom is attributed to economic and military crises that caused GI’s to delay having their babies, whereas a cultural upheaval caused the Boomers to delay having their (Millennial) babies.

The ‘echo boom’ can be compared to the original baby boom in that most generations were having babies at what historically has been a typical age range. The shift came from the baby boomers being influenced by social changes, “free love, integration, Vietnam war, Peace movement and political activism in the late 50’s  and 60’s.  Basically they were allowed to speak more freely act more independently and forgo responsibility until a much later age. My father (b.1929) waited to get married until he was 29 years old and I am exactly 30 years his junior by 6 days.  Older parents having families like their parents.  We had 4 children over 8 years in my family. 
This is Part one of a two part article.  Check back for part two: Strategies to Bridge the Gap.
 
Coach Rick Kolster is an executive coach who works with business owners and executives to help them maximize their efforts, gain life balance and learn how they can be the best leader they can be. Rick@CoachRickkolster.com

www.CoachrickKolster.com

www.facebook.com/coachricksBALDTRUTH

No comments:

Post a Comment