Generational Diversity Research Paper

Understanding and Leveraging Generational Diversity for organizational success

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Highlights
2 3 4 6 9 11 14 15 Executive Summary Introduction What is generational diversity Why is generational diversity important and relevant in the workplace Challenges of generational diversity in the workplace Managing generational diversity in the workplace Conclusion References

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Executive Summary

The business world is becoming increasingly global. Services and products offered by businesses are also becoming more focused and targeted at specific
This escalates with age, from 42% of Gen Y, to 50% of Gen X, and 60% of Baby Boomers. Organizations should take a closer look at reward and recognition policies to make sure they track as much as possible with the unique values and expectations of the different generations. The starting point is to appreciate that there are genuine differences in the way different generations value work and expect to be rewarded. However, such mindsets are being challenged today as organizations compete for a limited pool of talent. Leaders need to rethink their organization’s growth strategy in order to ensure that the next generation of leaders have a consolidation of new, broader perspectives and ideas that will add more value to the organization’s bottom
UNDERSTANDING AND LEVERAGING GENERATIONAL DIVERSITY FOR ORGANIZATIONAL SUCCESS

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