#multi-generational workforce

The purpose of this exploratory study is to examine knowledge transfer strategies within the framework of a multi-generational workforce. It is common to consider different generational perspectives in the workplace and its impact on knowledge management and transfer strategy. This research compares differences in workforce generations and examines different methods to pass knowledge cross-generationally. Companies must design knowledge transfer strategies conducive to multi-generational workforce dynamics keeping in mind the generational diversity that exists in the workplace. The present study endeavors to provide insight into this issue.

Author(s) Details

Dr. Roxanne Helm-Stevens School of Business and Management, Azusa Pacific University, 901 East Alosta Avenue, Azusa, CA, USA.

Are You Prepared to Adapt or Ready to Lose?

Just like the iPhone crushed the Palm Pilot (many reading this may not even know what I’m talking about – Palm Pilot??), Millennials are going to force a reinvention of work as we know it. They ARE the majority at 92M strong – bigger than the Boomer population, and will make up 75% of the workforce in 10 years.

Looking the other way, pretending they don’t exist, or that they will ‘adapt’ to the…

By Margaret Jacoby, MJ Management Solutions

Today’s workforce is increasingly becoming multi-generational. If your business can’t meet the demands and expectations of all of them, you’re going to experience costly, unnecessary turnover. By recognizing how to bridge the gaps between multiple generations, you can reduce turnover and give your company a competitive edge.

What Generations Are Represented in Today’s Workforce?

There are four predominant generations:

Traditionalists – Born between 1922 and 1945

Baby Boomers – Born between 1946 and 1964

Generation X – Born between 1965 and 1980

Generation Y – Born between 1981 and 1994

Each of these generations has its own particular set of work ethics, characteristics, and expectations from their employers. In order to attract, retain, and engage your workforce, your small business must recognize the distinct differences between these groups.