StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Managing Diversities: The challenge to manage the three generations currently in the workforce - Essay Example

Cite this document
Summary
Managing Diversities: The challenge to manage the three generations currently in the workforce Table of Contents Introduction 3 Characteristics of Baby Boomers 4 Characteristics of Generation X 5 Characteristics of Generation Y 6 Comparing the three Generations 7 Managing the three Generations: challenges and opportunities 11 Conclusion 17 Reference 19 Bibliography 20 Introduction Today’s organizations are faced with an increasingly diverse workforce with a variety of races, genders and most importantly people belonging to different generations…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER93.5% of users find it useful
Managing Diversities: The challenge to manage the three generations currently in the workforce
Read Text Preview

Extract of sample "Managing Diversities: The challenge to manage the three generations currently in the workforce"

Download file to see previous pages

Organizations are increasingly confronted with the issues and hurdles of managing these three generations at the workplace. The diverse perspectives, attitudes, motivations and needs of these generations have changed the dynamics of managing the workforces in organizations. Employees are often found to become adversarial due to the differences existing among them. Continuously reminding the teams about their common goals and contributions towards the business can help pulling the workforce together and overcoming generational differences.

Making in-depth insight into the differences between the generations had become necessary for understanding their individual expectations and needs and sorting out any conflicts that might arise because of the same. In fact by the understanding of the motivations and general characteristics of each of the segments it is possible to leverage the talents of each segment and capitalize on the diverse workforce as well. However, managing these differences account for a major hassle before managers in organizations. . Characteristics of Baby Boomers Baby Boomers represent the largest group of employees belonging to the workforce.

Born between 1946 and 1964, they are predominantly aged between 40 and 50 years of age and make up for more than 52% of the workforce and primarily account for the executive level and middle level management positions (Bourne, 2009, p.50). This particular generation has attracted a lot of attention since their birth. They are especially optimistic, which is probably the outcome of the prosperity of the post was economy, which gives them the belief that anything and everything is achievable. Some of the workplace attributes that they carry is the belief that long hours of work is equivalent to hard work.

This generation is found to be established in their respective career domains holding high positions of power and authority. Today a large majority of the law firm leaders, senior managers, legal managers and corporate executives are found to belong to this segment. Extremely hard working, Baby boomers can be easily motivated by positions, prestige and perks. They appreciate long working hours and weeks and find immense satisfaction in defining themselves by their professional achievements and accomplishments.

They can also be termed as the workaholic generation having made immense sacrifices for where they are today. They also believe in long term commitment towards the organization they are employed in (Ethics Resource Center, 2009, p.1). They are generally found to be self centred, workaholics possessing strong sense of entitlement. However, some of the positive traits are that they are highly idealistic, hard working and committed towards harmony (Ethics Resource Center, 2009, p.1).

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Managing Diversities: The challenge to manage the three generations Essay”, n.d.)
Retrieved de https://studentshare.org/management/1392854-managing-diversities-the-challenge-to-manage-the
(Managing Diversities: The Challenge to Manage the Three Generations Essay)
https://studentshare.org/management/1392854-managing-diversities-the-challenge-to-manage-the.
“Managing Diversities: The Challenge to Manage the Three Generations Essay”, n.d. https://studentshare.org/management/1392854-managing-diversities-the-challenge-to-manage-the.
  • Cited: 0 times

CHECK THESE SAMPLES OF Managing Diversities: The challenge to manage the three generations currently in the workforce

Human Resource Management practices and their impact

Human Resource Management (HRM) policies and initiatives have received greater attention in the current period due to highly articulate employee skills training and development strategies at the individual firm level.... Thus the theoretical and empirical research of this paper is based on the available literature on the subject at a global level (Dunford, 1996)....
15 Pages (3750 words) Essay

Definition and management of service quality

According to the manager of the Chesthunt Hotel, service quality is based on the quality, customer satisfaction and identification of customer value as either important or very important or very important.... … Those companies that have high quality of services as well as goods had higher market share, higher return on investment and asset turnover than companies with perceived low quality....
20 Pages (5000 words) Essay

Updates and Revisions to Previous Project on Multigenerational Leadership

Several important characteristics define leadership effectiveness, including strategic planning, decision-making, and inspiring the 21st-century multi-generational workforce.... In the 21st century workplace, several generations of employees work together.... Leading multi-generational work teams presents unique challenges for management because different generations of employees possess widely varying beliefs, values, and expectations.... This paper considers this leadership challenge and seeks to deepen understanding of the complexities of multi-generational work teams....
45 Pages (11250 words) Research Paper

The Significance of Understanding Human Resource Management

The current rapid rate of globalization and internationalization has been noted as significantly enhancing workforce diversities across the world.... Workplace diversity in human resource management acknowledges the common reality that people are inherently different in a number of ways ranging from gender, disability, sexual orientation age, social status, marital status, culture, ethnicity and culture (Mulholland and… While gender inequality in the workplace is one of the most common and oldest diversity issues in the world of human resource today, other diversity such as ethnicity and religion are noted as being very common divisive issues in regions of the Middle East and India....
8 Pages (2000 words) Essay

Diversity in The Coca-Cola Company

Companies are required to manage diversity in a manner such that its goals are achieved alongside of meeting the expectations of all interest groups.... Organizations began recruiting people from different corners of the world and thereby, unifying the labour markets of different nations of… Managing a diverse workforce is a highly challenging aspect for most of the organisations.... A heterogeneous workforce It facilitates a firm with having diverse types of skills and abilities as well....
61 Pages (15250 words) Essay

Employers and Business-Critical Needs

This paper “Employers and Business-Critical Needs” focuses on the latest HRM related practices and their theoretical evolutionary process with reference to a company's operational environment at a global level.... HRM policy is a near approximation of an otherwise intractable continuum....
12 Pages (3000 words) Dissertation

Benefits of Managing Cultural Diversity in the Hospitality Industry

The actual potential for the hospitality industry, therefore, lies in the workforce of the industry and its management.... It is a significant challenge for the leadership of hospitality industries to manage employees from diverse cultures because of the different backgrounds each worker possess.... Multicultural groups speak different languages and face the challenge of a language barrier to effective communication.... Cultural diversity is imperative in managing a workforce....
10 Pages (2500 words) Term Paper

Far East Hospitality Holdings

Globalization and immigrant of labor into the workforce of hospitality has continued to increase cultural diversity.... The problem is mostly felt by Human Resource managers as they are the ones who manage the workforce sector.... Globalization and immigrant of labor into the workforce of hospitality has continued to increase cultural diversity.... hellip; Being a large organization in Singapore, the team has faced the challenge of managing diversity in its workforce....
7 Pages (1750 words) Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us