Generational
disconnect is hardly a new problem for businesses, but as the composition of
the workforce continues to change, organizations must continue to adapt. The
modern workforce is arguably the most varied it has ever been, and the past few
years have transformed professionals priorities and perspectives on work and
life. This has made bridging the gap between the different generations in the
workforce more difficult. These challenges aren’t insurmountable, but leaders
must work to foster understanding and a common identity among their workforce
to move past these differences and appreciate the various perspectives.
Those
who can effectively manage multiple generations in their company stand to see a
considerable profit: research shows that
building
a multigenerational workforce yields a stronger pipeline of talent, increases
business resilience, and improves workforce continuity. The key to accomplishing
these benefits is understanding how different generations vary from one another
and how to foster positive relationships among them.
Understanding Generational Differences
As
of 2023, there are five generations active in the workplace:
● Silent Generation (1927–1945)
● Baby Boomers (1946–1964)
● Generation X (1965–1979)
● Millennials (1980–1994)
● Gen Z (1995–2012)
In
many ways, the varied nature of our modern workforce is a good thing: when you
have multiple perspectives coming together, you're able to make more informed
decisions that take into account different viewpoints and potential outcomes.
Additionally, a multigenerational workforce brings with it a number of
different backgrounds and perspectives, meaning they are better equipped to
develop innovative new solutions and tackle complex problems from different
angles. However, generations have different sets of values, which can be a
source of conflict, if not properly managed.
To
avoid a disconnect between generations,
leaders
must understand the unique characteristics, outlooks, and values of each
generational cohort. By understanding these differences, leaders
can identify the best work arrangements for their team, address potential areas
of conflict, and identify commonalities. For example, both Baby Boomers and
Millennials tend to be more team-oriented and collaborative when it comes to
projects, making them easier fits, while Gen Xers often favor their
independence.
Technology
also tends to be a point of distinction between generations: Millennials and
Gen Zers are “digital natives,” born in the digital age and thus more likely to
gravitate toward digital solutions, when available. By comparison, older
workers are “digital immigrants,” so while they might be fully capable of using
computers and other modern technologies, they don’t have the innate familiarity
that younger generations do. This also impacts how they prefer to work and
communicate: Baby Boomers typically prefer face-to-face interactions, while
younger generations would rather use email, social media, or video
conferencing. This also means that younger generations tend to gravitate more
towards remote work than older generations.
Bridging the Generation Gap
Of
course, it isn’t enough to just make a cross-generational team: invite everyone
to the latest company function and call it a day. For these types of
partnerships to work, there needs to be a shared sense of purpose among
employees, no matter what generation they belong to. This can be accomplished
by holding mixed-generation meetings and using them to find what people value,
then tying those values back to an organization’s purpose. Not only can this
give employees a renewed sense of interest in their work, but it also shows
these differing generational values are more compatible than some might have
thought.
This
compatibility can also extend to what benefits employees are looking for and
what counts as a “dealbreaker.” Though different generations tend to have
specific needs and preferences (Baby Boomers tend to want job security and
retirement benefits; Millennials like flexibility and a solid work-life
balance), there are other areas where there is more consistency. For example,
recent
data from McKinsey shows that employees of all ages are looking for many
of the same things at work: fair compensation, career development
opportunities, and caring leaders.
All
of this highlights the need to create a work environment centered around the
things that matter to everyone, while also addressing more specific
generational needs.
Recognizing
where the alignments are can aid companies in creating wider policies and
workplace cultures, satisfying the needs of all demographics.
Leaders can implement mentorship programs, education programs, and open
dialogue platforms to encourage discussions and find these alignments. We can
also provide opportunities for employees at all levels to learn new skills,
stay up to date with technology, and pursue different career paths within their
organizations.
Perhaps
most importantly, leaders must provide the best work options for their
employees without alienating a specific age group. The obvious topic here is
remote work: younger generations are increasingly demanding the opportunity to
work from home, and while there has been some resistance to the idea due to
claims that it hurts company culture, in many ways remote workcan be beneficial
for creating an environment that caters to the needs of a multigenerational workforce. After all, older generations have
familial obligations and many Baby Boomers are winding down their careers, so
having
more flexible work arrangements,flexible schedules, and job sharing, means that
you can accommodate varied work-life balance needs.
Working Towards Multigenerational Collaboration
Creating
a collaborative, cross-generational workplace won't happen overnight and there
will inevitably be challenges that need to be addressed. People can be stuck in
their ways and stubborn to let go of inaccurate generational stereotypes. Yet,
embracing multigenerational collaboration is essential for building a resilient
and innovative organization. By identifying how employees from different
generations vary in terms of work preferences and general values, leaders can
build a workplace environment where everyone feels appreciated.
When
you have people from several generations all working together as a team, you
get heightened innovation, improved problem solving, and a more harmonious and
productive work environment. By identifying common ground across generations,
leaders can forge positive relationships while demonstrating the value of
having a variety of perspectives. This is the advantage of a multigenerational
workforce and it is something that any business can tap into with the right
culture and business strategy.