Generations at Work: How Demographics Shape Business Success

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In this comprehensive episode, we delve into the intricacies of how different generations, from Baby Boomers to Gen Z, intersect and interact in the workplace. Hosted by a senior millennial, this presentation brings on seasoned business advisor and Vistage Chair, Tomas Tomasevic, who offers an in-depth analysis of generational dynamics, workplace expectations, and future economic trends. The discussion covers the challenges and opportunities in managing a multi-generational workforce, the impact of technology, the importance of psychometrics, and how economic conditions shape generational behaviors. Filled with valuable insights for managers, leaders, and entrepreneurs, this episode also examines the evolving definition of success and practical strategies for integrating younger generations into the workforce. Tune in to gain a holistic understanding of these critical trends that will shape the next decade of business.

00:00 Introduction and Overview

01:39 Guest Introduction: Thomas Tomasevic

06:11 Understanding Generations

10:13 Generational Characteristics and Impacts

14:52 Generational Knowledge and Skill Transfer

21:30 Economic Cycles and Generational Beliefs

35:08 Generational Gaps in the Workforce

44:28 Re-engaging Baby Boomers in the Workforce

45:15 Generation X: The Current Leaders

45:50 Millennials and the Workforce Gap

47:07 The Future of College Education

50:59 AI's Impact on the Job Market

56:53 Generational Differences in the Workplace

01:04:00 Generation Z and the Workforce

01:15:33 Global Demographic Trends

01:25:45 The Importance of Hard Work and Specialized Skills

01:26:35 Challenges in Bridging Knowledge Gaps

01:26:49 Young Entrepreneurs Academy: A Case Study

01:28:35 The Struggles of Generation Z

01:35:16 The Impact of COVID on Different Generations

01:53:12 Millennials and Leadership Challenges

01:56:05 Economic Future and Workforce Challenges

02:06:42 Closing Thoughts and Contact Information

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