Succeeding by Connecting Across Boundaries and Generations

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A far-reaching and provocative presentation given by Dr. Jonathan Reichental at the PwC People Forum in Athens, Greece that addresses head-on the opportunities and issues raised by the increasing use of digital communications and collaboration tools by individuals within and between enterprises and in the marketplace. Specifically, it discusses how a workforce that now spans four distinct generations must embrace these opportunities and evolve to navigate and succeed in a complex environment of behavirol and technical-competency differences. This has ramifications not just internally to the organisation but also, for example: in how it goes to market; how it collaborates and engages with customers; and how it competes in a global marketplace. More? www.reichental.com or www.twitter.com/reichental

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PwC People ForumSucceeding by connecting across boundaries and generationsApril 29, 2009Jonathan Reichental, Ph.D. Media Version Only

PwC

Big pictureGlobal trends matter

Demographics

War for Talent

Globalization

Big picture – Global trends matter

PricewaterhouseCoopers 3

Global Instability

Economic & Energy Crisis

Social Hyper-connectivity

The Environment

Innovation

% population growthBig picture – Global trends matter

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Land telephones in use in 1990Big picture – Global trends matter

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Land telephones in use in 2002Big picture – Global trends matter

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Cell phone use in 1990Big picture – Global trends matter

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Cell phone use in 2002Big picture – Global trends matter

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Cell phone subscribers 2007 – 2012

2007 2008 2009 2010 2011 2012Mobile phone subscribers 3,078 3,417 3,697 3,894 4,150 4,275Mobile Internet users 406 490 596 757 982 1,228

Big picture – Global trends matter

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% of adults online by country

Greece 35.5%

Big picture – Global trends matter

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Big picture – Global trends matter

(Born 1965 - 1977)Generation X(Born after 1978)Millennials

(Born 1946 - 1964)Baby Boomers(Born prior to 1946)Traditionalists

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At work, I accomplish more working in teams than I doworking alone

Baby Boomers Generation X Millennials

17% 20% 26%

Big picture – Global trends matter

% represents strongly and somewhat agree

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% Millennials that rather live without TV or Internet

77 77 74 75 83 83 8771

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23 23 26 25 17 17 1329

UnitedStates

Canada UK Germany Mexico Russia China India

Live without Internet Live without TV

% Millennials texting or e-mailing via cell phone inpast month

64

95

69

81

6771

64

Big picture – Global trends matter

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41

UnitedStates

Canada UK Germany Mexico Russia China India

% Millennials prefer to work for 1-2 companies or a varietyBig picture – Global trends matter

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The enablerTechnology changes everything

The evolution of the InternetThe enabler – Technology changes everything

1.0: People produce content for computers2.0: People produce content for people3.0: Computers produce content for computers4.0: Computers produce content for people

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4.0: Computers produce content for people

% of collaboration technology adoption in organizationsThe enabler – Technology changes everything

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A major disruptorSocial computing

Conversations 2.0

A major disruptor – Social computing

E-mail, SMS, IM, micro-blog, social networkConversations 2.0

Me You

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Us

Conversations 2.0

Amplifying conversations1. Social networks

A major disruptor – Social computing

% of users who have created a social network profileConversations 2.0 – Amplifying conversations – Social networks

Greece 41.4%

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Top 5 global social networking sites, Jan 09Conversations 2.0 – Amplifying conversations – Social networks

54

810

1191

Twitter

MySpace

Facebook

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42

53

54

0 200 400 600 800 1000 1200 1400

LinkedIn

Flixster

Twitter

Millions of Visits Per Month

Global growth of facebookDec 07 – Dec 08

Conversations 2.0 – Amplifying conversations – Social networks

10.9

12.411.9 11.7

7.68

10

12

14

Incr

ease

inU

niqu

eA

udie

nce

(mill

ions

)

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3.7

6.0

1.9

3.6

7.6

1.3

0

2

4

6

8

2 – 17 18 – 34 35 – 49 50 – 64 65 +

Male Female

Incr

ease

inU

niqu

eA

udie

nce

(mill

ions

)

What are people doing on social networksConversations 2.0 – Amplifying conversations – Social networks

Message friends

Upload Photos

Favourite/currentlylistened to music

Install applications

Write a blog UploadVideos

Dating

Promotea band

Other

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74.0%55.1%

33.6% 30.8% 23.3% 21.9% 18.3% 9.8% 3.2%

% of users who have shared a photo on a social network

Greece 46.2%

Conversations 2.0 – Amplifying conversations – Social networks

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Social networks on mobile phones

803 million Worldwide mobile social network users in 2012,(up from 82 million in 2007)

Conversations 2.0 – Amplifying conversations – Social networks

18.8%Worldwide mobile social network users as a percent ofmobile phone subscribers in 2012(up from 2.7% in 2007)

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Conversations 2.0

Amplifying conversations2. Blogging

A major disruptor – Social computing

% of users who have read a blog

Greece 72.2%

Conversations 2.0 – Amplifying conversations – Blogging

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% of users who have written a blog

Greece 25.4%

Conversations 2.0 – Amplifying conversations – Blogging

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Is social media consumption all about Millennials

Young Boomers(Ages 43 – 52)

Older Boomers(Ages 53 – 63)

2007 46% 39%

66% 62%

Conversations 2.0 – Amplifying conversations – Blogging

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2009 66% 62%However, they are not yet large creators of content

The big questionWhat does it mean to me ormy organization

The big question – What does it mean to me ormy organization

Marketing Knowledge Management

EntertainmentHealthcare

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RecruitmentInnovation

Entertainment

Collaboration Government

Healthcare

The big question – What does it mean to me ormy organization

36.6%Gaining consumer

insights

Marketing objectives for which social media offer the greatest potentialaccording to marketing professionals in select countries worldwide , 2007(% of respondents)

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7.0%

14.1%

21.1%

18.3%

Launching a newproduct

Enhancing corporatereputation

Increasing consumerloyalty

Building brandawareness

% of users who have watched a video online

Greece 86%

The big question – What does it mean to me or my organization

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56%

60%

Financial/ industry analyst

Person like themselves

The big question – What does it mean to me ormy organization

Credible sources of information about a company according to USopinion-Elite consumers , October-November 2007 (%of respondents)

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12%

23%

50%

54%

53%

43%

Blogger

CEO of company

Regular employee of company

Non-profit/NGO representative

Doctor/healthcare specialist

Academic

Growing painsBarriers exist

Taking actionWhat you can do now

Taking action – What you can do now

Establish an assessment plan

Experiment

Participate

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Create and execute a strategy

There are abundant first-mover opportunities

Want to know morejonathan.reichental@us.pwc.comtwitter.com/reichental

Sources: PwC US IT Innovations team, nGenera, eMarketer, internetworldstats.com,worldmapper.com, Neilsen Media Research, Messagelabs, Forrester, The Future Buzz,Facebook, Compete.com, WorldOne Research, LexisNexis

PwC© 2009 PricewaterhouseCoopers LLP. All rights reserved. "PricewaterhouseCoopers" refers toPricewaterhouseCoopers LLP (a Delaware limited liability partnership) or, as the context requires, thePricewaterhouseCoopers global network or other member firms of the network, each of which is a separate andindependent legal entity.

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