June 2011

Generation Z

Generation Z has now reached the age of 16, considered a significant milestone for this group born within a few years of the start of the 21st century. For Generation Y, Generation X and Baby Boomers, the milestone age was 21. Why the difference? It is believed that Generation Z – having grown up with the internet, but more importantly, social media and handheld smart technology - has matured much faster than previous 20th century generations. This generation is considered to be much more tuned into global communication and, they have been doing it from a very young age.

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Boomers Today: A Generation of Leadership Experts

Organizations of all sizes require leadership expertise if they are to continue to be competitive and achieve their business goals. With the aging of the baby boom generation, the need to develop a new cadre of leaders is becoming more and more crucial.

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Boomers, Generation X and Generation Y: Motivating With Recognition

Compensation packages come in many different sizes and are aligned with the value the organization places on the position for which the incumbent is being compensated. Most compensation programs are developed according to the positions in place in the organization. Compensation packages are rarely developed according to the specifics of the individual performing the role. So organizations need to offer additional incentive to motivate their employees. For many employees, non monetary rewards, when coupled with a satisfactory salary, go a long way to motivating them to achieve the expected results.

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The Small Business of Training: An Ongoing Challenge

There are many challenges associated with providing skills training to your employees. Each challenge involves investment of not only dollars but also, time and effort. And in some cases, employees may even not want to invest time away from their job to be trained on processes, skills, legislated and regulatory procedures, and professional development. Training budgets average less than 2% of payroll. If your business is 20 employees or less, chances are fairly good that you do not even have a training budget, or if you do, it is small. Studies show skilled employees are more engaged in their work, productive, and perform better. They are focused on delivering products and services to customers as effectively and efficiently as possible. To ensure this level of productivity and performance, you should have a business culture where training is treated as a business process, rather than a variable expense, one requiring ongoing investment to realize ongoing returns.

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Is Your Business Fit?

Boomers being the largest demographic, and having held the majority of senior management positions over the past few decades, tells us they hold much of the experience required to run day to day business. They have the expertise to help entrepreneurs, business managers, business leaders get, and keep, their business fit. They are the personal trainers for business. They can work in any environment to help build a fitness plan, implement the fitness plan, and keep everyone focused on reesults.

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