June 2011: There’s no doubt that the youngest generations on our planet are the most tech savvy and demanding ever. This crowd of young individuals wants both recognition and to create the lifestyle they desire – but most of all they want all of it now. A question is whether the recent recession has somehow shattered the world they thought they knew, as youth unemployment rose and jobs became scarce for those leaving school or further education, straining beliefs and spending power simultaneously. Depending upon the length of this latest downturn, historians, economists and psychologists say it could shape Generation Y’s values and attitudes in much the same way as the Depression shaped the attitudes of those growing up in the 1930s (UsaToday). Continuing our exploration from our last GT Briefing on the Ne(x)t Generation at Work, we now look into the Ne(x)t Generation at Large: How could their personal consumer style, work-life aspirations and social and environmental expectations impact your organization – and the societies in which you operate? What might you need to adapt to connect with the individual and demanding consumers of Generation Y, and get ready for today’s young teens, often called Generation Z? Is your organization ready for the Ne(x)t Generation at Large?
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