...commitment to teamwork and collaboration and have high regard for developing interpersonal communications skills. Silents now consist of the most affluent elderly population in U.S. history due to their willingness to conserve and save after recovering from the financial impact of the postwar era. Baby Boomers, born approximately between 1946 and 1964 were brought up in a healthy post war economy and have seen the world revolving around them as the largest generation of the century. Their lifestyle is to live for work and they often expect the same level of dedication and work ethics from the next generations. They are said to prefer face to face communication, are interactive team players and attain personal fulfilment from work. Baby Boomers are often branded workaholics leaving little to no work-life balance which has inevitably led to a breakdown in family values which has influenced the next generation. They...
Words: 888 - Pages: 4
...PIET-MBA (SEM-2) Submitted to-Wg.Cdr.V.K.Agrawal By-Niren K. Shah (50) Human Resource Management Workforce The workforce is the labour pool in employment. It is generally used to describe those working for a single company or industry, but can also apply to a geographic region like a city, country, state, etc. The term generally excludes the employers or management, and implies those involved in manual labour. It may also mean all those that are available for work. Workers may be unionised, whereby the union conducts negotiations regarding pay and conditions of employment. In the event of industrial unrest, unions provide a co-ordinating role in organising ballots of the workforce, and strike action. Workforce management (WFM) encompasses all the activities needed to maintain a productive workforce. Under the umbrella of human resource management, WFM is sometimes referred to as HRMS systems, or even part of ERP systems. Recently, the concept of workforce management has begun to evolve into workforce optimisation. Specifically, workforce management includes * Payroll and benefits * HR administration * Employee self-services * Time and attendance * Career and succession planning / talent acquisition * Talent management and/or applicant tracking * Learning management and/or training management * Performance management * Forecasting and scheduling * Workforce tracking and emergency assist * Absence management Workforce...
Words: 4736 - Pages: 19
...General Robert E. Lee General (Gen.) Robert E. Lee was the brilliant Confederate leader whose skill in military strategies, battlefield intellect, and the trust and confidence of his men and subordinate leaders, allowed the South to continue to fight during the four gruesome years of the Civil War. Although unable to attend Harvard as his brother did, Gen. Lee was able to get an advanced education at the United States Military Academy. He graduated second in his class and was a model cadet. (Gallagher 2010) The Mexican War gave Lee a chance to obtain recognition for his talents. He initially served in Texas where he worked as an assistant engineer under the command of Gen. Winfield Scott. Lee conducted many essential duties, including mapping...
Words: 1412 - Pages: 6
...General (Gen.) Robert E. Lee was the brilliant Confederate leader whose skill in military strategies, battlefield intellect, and the trust and confidence of his men and subordinate leaders, allowed the South to continue to fight during the four gruesome years of the Civil War. In the Battle of Antietam, Gen. Lee’s direct involvement made the difference for the Confederate army. With a force nearly half the size of his opponents, Gen. Lee showed that knowing your opponent, the terrain, and your capabilities can make the difference in any battle. (Gallagher 2010) Although unable to attend Harvard as his brother did, Gen. Lee was able to get an advanced education at the United States Military Academy. He graduated second in his class and was a...
Words: 1471 - Pages: 6
...1. Introduction This chapter provides an assessment of the contemporary labour market context of Human Resource Management and the impact of current trends in labor market on the practices associated with Human Resource Management in relation to attraction, motivation and retention of talents. 1.2 Review of Prior Work A labour market can be understood as the mechanism through which human labour is bought and sold as a commodity and the means by which labour demand (the number and type of available jobs) is matched with labour supply (the number and type of available workers). As such, the labour market constitutes the systematic relationship that exists between workers and work organisations. In order to achieve its strategic objectives, a fundamental concern for an organisation is to ensure that it has the right people with the right skills, knowledge and attributes in the appropriate positions. Labour market is divided into two the internal labour market and external labour market. The internal labor market refers to that which exists within a single organisation and represents its internal supply or stock of labour. In its broadest sense, the internal labour market is the mechanism by which existing employees are attributed particular roles within a firm. The specific characteristics of an organization’s internal labour market are reflective of a number of HR policy emphases, for example...
Words: 5311 - Pages: 22
...Company Structure: What Talent Wants OVERVIEW What does Talent want? This is a question that has changed and become the nucleus of talent acquisition teams across the world. How do you get the best talent and then how do you keep them. With the entrance of the last two generations they have created a new trend where the talent has more power than ever in the workforce. With this shift has come some great new insights into what “work” really means, how it fits into an employee’s life and how can employers get the most out of their employees. Work/life balance For the first time in our countries history, work/life balance is actually a conversation in the work place and a very lively one at that. With the entrance of Gen X and Gen Y into the workforce, they have forced employers to provide alternatives to the “Sorry hunny, I have to work late again” excuse that so many of our predecessors know to be true. Why is this you ask? The war on talent has made it more competitive than ever and the new generation of talent is not only geared toward the flexible lifestyle, they are demanding it. So what does this look like? Being measured more one what you are producing and the quality of that work rather than when you are working on it. Being able to work from home is becoming a requirement instead of a luxury. We have programs such as a lax bereavement policy that give up to six days for any family or friend that has passed away. Adding gyms to all locations so...
Words: 852 - Pages: 4
...Baby Boomer Leaders Face Challenges Communicating Across Generations By Christine W. Zust, M.A. When I skipped off to elementary school in the late 1950s, I had no idea that in the years ahead my fellow classmates and I, along with the other 77 million Baby Boomers, would create radical change in American business, education and health care. I didn’t realize then that swapping my sandwich for someone else’s at lunchtime was a new way of thinking, something my parents never considered. I was, after all, part of the generation of choice. Yet as I look at my fellow Boomers today, I realize that the changes we put into motion in that lunchroom decades ago have placed us in today’s board room in a new position. We are the “sandwich leaders,” the first generation squeezed between managing and leading people older than us (Traditionalists) and those following in our footsteps (Generations X and Y). Along the way, we Boomers have met the ultimate challenge -- communicating across generations (now spanning up to four generations in the same workplace), each with different values, beliefs and attitudes. How are we keeping a diverse workplace population interested, motivated and committed to business? This is a question all leaders facing these generational issues must address. They are doing it through communication. Psychologist Dr. Paula Butterfield of Columbus, Ohio, says that working across generations is hard for many managers. “It can challenge beliefs and values they’ve always accepted...
Words: 1397 - Pages: 6
...With Rosecrans himself retreating back to Chattanooga, Gen. George H. Thomas took control of what was left of the army. His own troops held their ground at Horseshoe Ridge, a strong defensive position. Thomas rallied retreating men from other commands, encouraging them to halt on Snodgrass Hill and begin building breastworks. Longstreet, meanwhile, asked Bragg to reinforce his battle-weary troops, yet Bragg refused. Throughout the afternoon, Longstreet’s assaults on Horseshoe Ridge were repeatedly repulsed. Thomas soon received orders from Rosecrans to take command of the army and order a general retreat, which he did soon after nightfall. For his determination to hold the Union position, even after his commanding officer had left the field, Thomas was later called “the Rock of Chickamauga,” and...
Words: 1842 - Pages: 8
...completing this section. Generation Y is the demographic cohort following the Generation X with the birth dates between 1980s to the early 2000s. It is known as the most high-maintenance cohort and the fastest growing segment of the workforce. These energetic, educated and confident youngsters are often dissatisfied with their jobs and employers, which means a strong management is needed in order to bring out their potential. In an effort to attract more Gen Y’s into the accounting profession, it is important for CPA Australia to understand Gen Y’s attitudes towards work, their ideal working environment and the factors in contributing to their characteristics. The reason for the difference between Generation X and Generation Y is the dramatic change of the environment in the 21st century which resulted from the technological innovations, globalization and the changes in practice due to the changing customer demands and products. The working preferences and styles of Gen Y are reflective of the changing nature of the workplace. Gen Y is characterized by: the ability to network with people globally; the capability of using different kind...
Words: 1341 - Pages: 6
...1 United States Coast Guard Auxiliary Study Can the U.S. Coast Guard Auxiliary survive in the 21st Century? How changing generational attitudes will affect an all-volunteer organization August 2006 1 This page intentionally left blank INDEX 1. Introduction 1 2. Analysis 3 A. The canary in the mine 4 B. Understanding generational attitudes 4 C. Four generations 5 D. Exploring the next generation of retirees: The Baby Boomers 6 E. Gen-X: It’s about lifestyle 8 F. Call them Gen-Y or Millennials, they deserve our attention 10 G. The new volunteers: What to expect 12 ` H. My time is not your time 14 I. Generational differences shaping leadership 15 J. American volunteer rate steady 17 3. Conclusions 19 A. Past expectations 20 B. Present construct 20 C. Spontaneous volunteer: Something new 21 D. High touch 21 E. Exploring contemporary trends in volunteering 23 1. Volunteer burnout 23 2. The human touch 24 3. Professionalizing the volunteer corps 25 4. New forms of volunteerism 25 5. Diversity 26 6. Technology 26 F. Communications challenge 27 4. Summary 29 6. Appendix 31 1 Membership numbers How many members the Auxiliary needs to meet their mission obligations and how many members it needs to meet its financial requirements would be two different answers. Getting a specific answer from the leadership is difficult because of the way the two spiral around each other like a double helix strand of DNA. They are – for now – inseparable...
Words: 13121 - Pages: 53
...Explain the strategy behind Asian automakers targeting Gen Y. The strategy behind Asian automakers targeting Gen Y as well as other industries is because Gen Y have become relevant consumers in the market place. Also known as Millennials, the Generation Y are comprised of 56 million people, according to the 2010 Census and it is considered the second largest age group behind Baby Boomers. Born between 1946 and 1964 the Baby Boom generation has long been the primary target group that product developers. However, the Baby Boomers are an aging demographic and their financial priorities are shifting, while Millennials sheer numbers alone were appealing. Even knowing Millennials have household incomes below $50,000 (Nickell, 2012) the country's post-war prosperity gave them tremendous buying power, making the growing focus on the Millennials as the next consumer target for many companies’ especially Asian automakers. Additionally, a national survey by communications firm Capstrat, shows that more than 20% of young consumers, so-called millennials, age 22 to 30, plan to purchase a car within a year. 64% of female millennials have already bought a vehicle, compared with 44% of males. "Millennials are going to overtake baby boomers in terms of spending power by 2018," says Capstrat President Karen Albritton (cited by Steve, 2011). Another strategy behind Asian automakers targeting Gen Y is to fulfill Gen Y desire of being part of a community, giving to them...
Words: 2212 - Pages: 9
...Market Analysis Industry Description and Outlook CanGo is an Internet company that sells books and videos online and will soon offer online gaming services. The bookselling industry is rapidly changing as consumers shift from print to digital media and this means CanGo must also change their focus. The entire industry must change to meet consumer demands. Selling physical books depends on appealing to a large audience, but getting to a large audience depends on the timing of a books release, word of mouth that the book generates from readers, and the general economy. As a retailer CanGo can’t control any of these factors, but you can offer the products consumers want, adapt to changes in the market quickly, and maintain a loyal customer base. There are a number of sources available to provide current and historical book sales trends, but let’s look primarily at 2012 through 2013, the most recent years available. The total value of the consumer and educational book sectors combined will grow from US$101.6bn in 2012 to US$104.3bn in 2017 (Orchard, n.d.). She also makes a prediction for electronic books stating that “by 2017, electronic books, or e-books, will account for 22% of all book revenues globally, at US$22.7bn, up from 9% in 2012.” This is a significant increase given the recent economic challenges we have all faced since the global recession began in late 2008. Industry sales for 2012 fell just under 1% from previous years and this was primarily due to restraints...
Words: 1586 - Pages: 7
...The article attempts to explore the work values in the hospitality context and analyze them further through the lens of generational differences on a multi dimensional level. What makes this research unique is the scope, which covers all 3 aspects: multiple dimensions of work values, importance of these work values to people across 3 generations and a focus on Hospitality industry. The author’s approach is to find and shortlist research done on identification of work values, dimensions or factors under which they exist and the importance given to them based on the age of individuals (generation aspect). Post selection of a suitable research covering these criteria, the author attempts to apply these on a sample size from the Hospitality Industry to understand and report the relevance and findings. The sole reason of attempting this study is to analytically approach the challenges faced by human resources in managing a work force that is diverse and consists of different social & demographic profiles. The author believes that understanding of this would lead to better recruitment and retention strategies of managerial workforce in the hospitality industry. Short listing of available research: a) Research on Work Values: Many studies have been conducted on identifying work values in an institution, (Elizur, 1984; Hofstede, 1980; Mok et al., 1998; Pryor, 1987; Rokeach, 1973; Sagie et al., 1996; Super, 1970, 1973; White, 2005; Zytowski, 1970, 1994). Of these, the author chose...
Words: 1765 - Pages: 8
...Unit 1 Research Paper 1: Paradigm Shift Introduction In the past, virtual reality technology was thought of by many as a gimmick, and the hope for it to become a mainstream technology was discarded as products did not work as how the public envisioned. However, the proper technology is now available to make virtual reality just that: a reality. The entertainment industry is on the verge of a monumental paradigm shift that will completely transform the way these entertainment mediums are experienced. The typical experience of video games is one with a controller with joysticks that are used to control where the playable character is looking along with a monitor or television screen in front of the player. Today, this scenario is so typical that the detachment between the player and what is happening on the screen is something considered to be normal in the experience. In the next couple years however, this detachment will be largely erased as working virtual reality headsets become available to consumers across the world. Summary of Key Findings One notable product in the field of virtual reality technology is the Oculus Rift. What makes this product and others like it different from the virtual reality fad that permeated the entertainment industry a few decades ago? The Rift uses 360 degree low latency head tracking, an integral part of the complete virtual experience. In previous VR headsets, the latency, or delay, between a player’s head movement and the visual representation...
Words: 658 - Pages: 3
...mm) and wheelbase (2380 mm) are identical to the Santro with slightly more interior space; Ergonomic design was intended to accommodate tall drivers and increasing rear knee room. The width has been increased (and front and rear track) by 70 mm (2.8 in) for more shoulder room. The height has been reduced by 40 mm (1.6 in). Boot space at 225 litres (7.9 cu ft) is significantly lower than that of Getz. Interior The interior has a plastic dash housing with an optional integrated stereo. The instrument binnacle has a large white-faced speedometer, flanked by the tachometer and fuel and Temperature gauges.The gear lever is built into the centre console, leaving space between the front seats for a couple of cup holders. Next Gen i10 In September 2010 Hyundai introduced Next Gen i10 – the all new version of its premium compact i10. Sporting an innovative design look and an array of contemporary features. Exteriors...
Words: 1835 - Pages: 8
