It is time we bid good-bye to the old meeting rooms and welcome new social spaces as the organizations across the whole world are going to witness a huge generation shift in their workforce. The Generation Y, also referred to as the “Millenials”, born between 1977 and 1990, are set to dominate and change the style of work in the next 10 years. These are four recognized generations as follows: 1. Radio Babies (Born between 1930-45)
2. Baby Boomers (Born between 1946-64)
3. Generation X (Born Between 1965-75)
4. Generation Y or the Millenials (Born between 1977-90)
This makes it very necessary to rethink the workspace and the different aspects of office surroundings as the Baby Boomers and the Generation X get replaced by the Millenials. As per the BPW Foundation study, the Generation Y in 2011 is predicted to occupy almost 75% the workforce by 2025. Before we look into how these workplaces have to adjust themselves so as to attract the new generation, let us focus on a few striking differences between the two broad categories of generations I.e. Generation Y and Baby Boomerx. Generation Y| Baby Boomers|
* Highest priority : Engaging workforce * Lowest Priority : Meeting rooms Quality * Prefer quick, casual and socially-tingled meetings with technology usage * Prefer a feel-like-home workplace * Excellent multi-taskers * Highly Impatient * Focus on fixing their weaknesses * Work is a means to achieve desires * Expect instant gratification * Not loyal to employers * Change is their birthright| * Highest priority : Meeting rooms Quality * Lowest Priority : Engaging workforce * Prefer structured, face-to-face meetings * Prefer separate work life and personal life * Prefer sequential style of work * More patient * Focus on building their strengths * Work is an exciting journey * Happy to get the reward anytime * Loyal to employers * Less adaptable to change...