Gen X belongs to the days of yore. Meet Generation Y- the next wave of talent that has set foot into the global workforce arena. They’re sharp, canny, and perspicacious and are really on the ball. This emerging workforce is no longer interested in the command-and-control leadership. With enterprises expanding their interests across the globe, they are faced with a heterogeneous workforce.
A large piece of this pie constitutes young men and women (the 20 – 25 age group), accounting for 60% of the global workforce. This new talent pool is adept at employing digital technologies in all spheres of life- including work. They prefer ‘open and collaborative’ workplaces. Work-life integration is top priority for them. And, they detest being confined to the cubicle. The current workforce wants work to be ‘an experience’ rather than a mere source of funds.
The stage is set- clearly, the workforce is transforming in many ways, bringing in fresh challenges for businesses to deal with. This panel discussion is a lowdown on the plans and strategies to be devised by organizations in order to effectively manage this new workforce.