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In this presentation Greg Giangrande of Time Inc. talks through 5 habits that need to be broken in regards to Millennials so that the digital workplace can not only survive but also thrive. Greg Giangrande also discusses the shifts in percentages of Ethnicity amongst millennials.
Citation preview
Why The Digital Workplace Can’t Survive
Without a New Approach to Millennials:
5 Habits to Break
Presented byGreg Giangrande | EVP + CHRO, Time Inc.
2013
1990
al
1976
1966“Today's young man accepts none of the old start-on-the-bottom-rung formulas that directed his father's career, and is not even sure he wants to be A Success. He is one already.”
–TIME Man of the Year-TIME Man of the Year, 1966
“When I was a boy, we were taught to be discrete and respectful of elders, but the present youth are exceedingly wise and impatient of restraint.”-Hesiod, Greek Epic poet
700 BC
Millennial stats
About 80 million in the U.S.[TIME]
Age range from 20s to early 30s
Most ethnically and raciallydiverse generational group inhistory [Pew Research Center]
Would we stereotype any other demographic group?
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The headlines
5 Things to StopDoing
By 2020, 46 percent of workers will be millennials.
[UNC Kenan-Flagler Business School]
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Never before in history, ever, has a generation had this much ethnic diversity.
[Pew Research Center]
40 percent of millennials are non-white:
18.5% are Hispanic; 14.2% are Black; 4.3% are Asian; 3.2% are mixed race or other.
59.8%, a record low, are white. [Pew Research Center, 2010]
By 2020, Hispanics, Blacks, Asians, and all those belonging to the “all other groups” category will make up nearly 40 percent of the civilian labor force.
[Bureau of Labor Statistics]
By 2050, there will be no racial or ethnic majority in the United States.
[U.S. Census Bureau]
Globalization
By 2020, two billion people will be studying English.
[Forbes]
Presented byGreg Giangrande | EVP + CHRO, Time Inc.
Questions?
Presented byGreg Giangrande | EVP + CHRO, Time Inc.