Managing multigenerational workforce: Challenge for millennium managers

Workplaces today are highly diversified with the employees coming from different countries, different age groups, religions, races, groups, colour and gender. This differentiation among the workforce is called workforce diversity. Handling such a complex diversity poses a challenge to Managers as he needs to handle the people having different work ethics, ambitions, views, mind-sets and work styles.

The objective of this exploratory study is to examine the comparison of work values for gaining of knowledge for management of the Multi-Generation workforce for increasing intergenerational perceptive, morale and improve efficiency. The word multi generation workforce includes individuals born around the same time who share distinctive social or historical life events during critical developmental periods (e.g., Schaie, 1965). Data for this study is collected through a self administered questionnaire. Findings suggest generational differences do exist and that managers can improve morale and productivity by understanding and incorporating these divergences. Appreciation and greater understanding of this generational diversity that exists within workplaces will enable us to leverage on the differences, giving individuals and organizations greater competitive advantages. Diverse teams create better solutions if well managed.