Workforce of the Future: How Will We Manage the Next Generation?

To meet the challenges of the future, we need to understand how to attract, engage and motivate our workforce. The Stillmans (father and son) engaged us in an interactive session that will help us better understand Gen Z and how they will change business and communication.


Speakers
  • David and Jonah Stillman, Co-founders, GenZGuru

Session Photos


Video

Takeaway

“If you want to understand a generation,
you have to look at the events and conditions that take place during the generation’s formative years.”

—David Stillman

 


The father-son team exposes the characteristics of Gen Z, which is too often lumped together with Millennials, but is in fact emerging as a unique cohort.

 

Four key characteristics of Gen Z:

 

1. Realistic

Gen Z has been imprinted by the Great Recession, and is more worried about the economy and considers salary the key factor in choosing an employer. “Gen Z is in survival mode. Our parents told us, ‘you’re going to have to work your butt off’” —Jonah Stillman

2. Driven

Millennials were the “participant award” generation. Gen Z knows they have to work for accolades and success. “Gen Z knows you have to fight hard.” —David Stillman

3. Hypercustomization

Gen Z has had the ability to personalize ex-periences from birth, in everything from shoes to the online world where they are instantly recognized. “Since the day we were born we could create our own personal brand.” —Jonah Stillman

4. Phigital

The lines between the digital and physical world have not just been blurred, they are no longer acknowledged. Attending a meeting via Skype or in person is basically the same experience. “In terms of Gen Z ‘remote work’ options, they will say, ‘if I’m logged in, aren’t I at work?’ This generation is really going to change it up.” —David Stillman

 


Gen Z by the numbers

 

76% are willing to start at the bottom and work their way up

75% believe there are ways of getting a good education without going to college

55% feel pressured by parents to gain early professional experience

61% say they are willing to stay at a company for 10 years

32% have a parent who has started their own business, and 17% want to start their own

91% say tech sophistication will impact their desire to work at a company

 


 

In their own words

“Our generation has never seen a political process that works. So people are now standing up for themselves. It shows the power of today’s youth and what’s in store for the future.”

—Jonah Stillman

“Gen Z feels competitive towards those they work with. We’d see a lot of companies doing a great job communicating about teamwork and collaboration. That attracts Millennials, not Gen Z.”

—David Stillman

 


 

Takeaways for CCOs
  • Millennials will be managing the Gen Z generation. There will be clashes between the collaborative Millennial and the independent Gen Z, but this can be overcome with two-way mentoring.
  • Recruiting Gen Zers might need to start as early as high school, as many of them are already thinking about where they want to work.
  • Gen Zers are also the DIY generation, predisposed to teach themselves, and quickly. They need to be mentored to take input from others, and to also slow down at times – to think, and to consider the possibilities around them.

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