1.
How can gen Y, working for a company, be a posi t ive addi t ion
t o a company during a recession
2.
How can Managers, Manage Gen Y t o ge t t he bes t performance
ou t of Gen Y, especially during t his recession?
3.
If you can expand on t he idea of collabora t ion and flow of
ideas as a key posi t ive quali t y of Gen Y t his would also be insigh t
ful. How can collabora t ion be a posi t ive quali t y for a company
during a recession?
1.
How can Generation Y, working for a company, be
a positive addition to a company during a recession?
Generation Y is a dynamic and fluid bunch, capable of
molding themselves to fit any number of challenging circumstances. During hard
times, especially the ones as of present, it is important to have as versatile
and capable a workforce as possible, a group that can meet modern challenges
with an understanding of how to function.
It is not surprise, by this point, that we are in a
recession and that the impacts of it will ripple across every industry. The
solutions to old problems are new and innovative ideas and Generation Y comes
to the work place with a set of fresh perspectives. In business ideas are a
universal currency, giving much value to the capacity to think on their feet.
In addition to being both dynamic and having a fresh
perspective, Generation Y also work for less in regards to both pay and initial
investment. Being new to the workforce and not having the same seniority as their
Generation X and Baby Boomer counterparts. So therefore they are not capable or
knowledgeable enough to effectively demand higher pay. While the initial
investment in new Generation Y employees maybe substantial, it is nonetheless
much reduced to those of their older counterparts. The kinds of investments
made into new employees when a company is becoming more adaptable to slimmer
times is the ability to mobile and increasingly efficient, these are core
traits of Generation Y.
2.
How can Managers manage Generation Y to get the
best performance out of them, especially during a recession?
The ability to manage Generation Y boils down to two main
elements; access to technology and community development. These qualities are
additionally valuable during a recession as they ability to utilize previously
untapped resources and minds becomes ever increasingly valuable.
Access to technology is important for effectively managing
Generation Y, especially during a recession for two reasons. The first reason being
that to remove Generation Y from relative open access to technology is to
remove a fish from water and therefore force them to openly disobey policies in
order to breathe again, thus making them less productive. The second reason why
access to technology is important is that it promotes new ways of seeing things
and collaboration on existing ideas. Being nimble and more efficient with your
given resources during a recession is vital, Generation Y and technology can do
this for your company.
3 How can collaboration be a key positive for a
company during a recession?
Collaboration is the art of pulling in a variety of minds
and inspiring the free flow of insights and perspectives to achieve a common
goal. When times are good and surplus is readily available, collaboration can
seem like a waste of time, something that takes away from maintaining the
status quote, which is working so very well. During a period of recession,
collaboration will make or break a company.
During a recession collaboration utilities scarce resources
more effectively and focuses the minds around a collective singularity, something
of vital importance. Without collaboration the infinitely valuable flow of
ideas is ignored and the currency that ideas are becomes worthless.
Additionally, collaboration also breaks the boundaries that were reinforced
during times of prosperity, making way for the changes that are needed to
progress into the future.
Teamwork matters.
