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.