The Gen Y agenda - Are you in?…Jayesh Menon-18th Oct 2012

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A GLOBAL COMPANYOperating locally.

LOCATIONS

80COUNTRIES

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WHAT WE BELIEVEThe way we manage energy and water will shape this century.

ESTIMATED WORLDPOPULATION IN 2025

8 billion

Sources: US Energy Information Agency and United Nations

WORLD DEMAND FOR WATER BY 2025

+22%

Sources: US Energy Information Agency and United Nations

WORLD DEMAND FOR NATURAL GAS BY 2025

+67%

Sources: US Energy Information Agency and United Nations

WORLD DEMAND FOR ENERGY BY 2030

+40%

Sources: US Energy Information Agency and United Nations

At Itron, we provide the technology and talent to enable the world’s utilities to measure, manage and analyze the delivery and use of electricity, gas, and water to create a more sustainable future.

OUR HERITAGEOver 100 years of knowledge and experience.

A RESOURCE MANAGEMENT LEADER

ITRON OVERVIEW 10

105mENDPOINTS

8,000CUSTOMERS IN 130 COUNTRIES

9,500EMPLOYEES

2.4bn2011 REVENUE USD

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»  What you need to know when you are targeting Gen Y hires

»  Emotionally engaging your Gen Y

» How the intrinsic motivation of each generation differ

» How generational differences can make or break your ability to hire and retain

» Ensuring harmony in the workplace amidst generational differences

 

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R U BRD?

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» Who is a Gen Y??

» How many of you are Gen Y’s?.....and… Gen X…. Baby boomers…

ITRON OVERVIEW / 14

WHY DO WE NEED TO KNOW MORE ABOUT GEN Y’S

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Generation Population % Of World Population

Gen Y - 15-29 years old 1,723,911,077.00 25.47

Gen x - 30-44 year old 1,442,951,791.00 21.32

Baby Boomers - 45 - 64 years old 1,233,836,150.00 18.56

Traditionalists - 65-74 years old 316,330,067.00 4.67

• By 2025 Gen Y will make up 75% the workforce

•Companies are still run by Baby boomers with “generational gaps”

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UNDERSTANDING THE GENERATIONAL DIFFERENCES @WORK

Source:http://www.fdu.edu/newspubs/magazine/05ws/generations.htm

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IS YOUR ORGANIZATION GEN Y COMPATIBLE?

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» How good you value your sustainability?

» How Flexible, Mobile and Unconventional are you?

» Do you provide “Employability” and life long learning opportunity?

» Quality of Life at work and home?

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A NUT SHELL VIEW TO ATTRACT AND RETAIN

Understand the generation

Give them the “deal” Keep them… as long as you can…

•Look at what their needs are, understand their motivational needs

•Recognise how different they might be and how they perceive your workplace

•Map this generation to your talent pipeline

•Restructure your compensation if need be

•Walk the talk

•Personalize,socialise and set them free.

•Get them involved and give feedback

•Help them grow and learn

•Expect a higher churn in this generation

•Measure by productivity

•Constantly innovate and stay ahead of the curve

•Don’t forget the rest

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CREATING SYNERGY

Align your business plan& talent strategy

Face the future and find similarities

Execute & Monitor

•Analyze your work force Demographics

•Recognise the need for accommodating all generations

•Get executive buy in

•Understand the motivating factors for each of the generations

•Find the bridge and connect them

•Communicate across the board

•Create multigenerational task teams.

•Provide coaching and reverse mentoring as appropriate when faced with resistance

•Monitor progress and retune...

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2111 N Molter Road

Liberty Lake, WA 99019

United States

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