Interesting tidbit from Kiplinger Letter, Forecasts for Management Decisionmaking regarding Gen Xers and Gen Yers in the business world:
“Gen Xers are starting to move into management in many companies. Ages 26-37, they bring a leadership sytle distinct from boomers, who are now dominate top ranks but will leave in droves in the next 20 years.
They’re often more practical and self-reliant than boomers. They take ideas from anybody, considering only if they work and how well. And they seek responsibility over projects, rebuffing micromanagement.
Their downsides: Bluntness that ruffles the feathers of boomers.
And sometimes a lack of discipline. They can have a tough time riding herd on poor performers or reining in subordinates who lack focus. See management potential in your Gen X workers? Groom them early. Give Gen Xers more clout now and chances are they’ll stick with you. The recession chastened them a bit, making them less likely to job hop.
Gen Yers are another story. People born between 1977 and 1994, also known as the Millennium Generation, thrive on open communication and team building. They’re more civic minded and quicker to join forces to solve problems. They’ll be more open tounion efforts than Gen Xers.”