The Challenges of 21 Century Leaders with Multi-Age Workforce Essay

The Challenges of 21 Century Leaders with Multi-Age Workforce - Essay Example Even then, age still influenced fashion, slang, and leisure activities, and these were brought into the workplace without causing any disruption. By the turn of the 21st century, the differences in attitude, style, language, and motivation had become obviously different across the generations, as each new crop of children sought new ways to differentiate them. Values, political and social viewpoints, the concept of authority, and technology have invaded the workplace as four generations attempt to communicate across generations and assume new worker roles. Every aspect of the workplace, from what to put in the vending machine to how to implement change, has been affected by these sharp generational differences. The CEO, Mr. Smith, is now simply addressed as Bob, and casual Fridays have spread to more days of the week (Remke 1999, pg 7). Managers are challenged by this experience, as they must accommodate all generations without offending any of them. Managers may find themselves chan ging generational hats several times a day, which will soon be perceived as shallow and disingenuous. A better approach is to seek a management style that includes all ages and doesn't disrespect the values of the others. According to Remke (1999, p 8), the multi-generational management style will need to be acceptable to the attitudes and temperament of the individual manager. The purpose of this paper is to provide information about the various values, attitudes, goals, and motivations that affect the four distinct generations and examine the implications that these differences have for the workplace. This paper will additionally make recommendations in regards to how this information might be used to develop a management style that is tune with today's multi-generational workforce. Of course, every manager will need to develop their own unique style  based on their individual characteristics. However, this paper will show that there are some universal management techniques that can be used to bridge the age gap in the workforce.  

Economics Essay Example | Topics and Well Written Essays - 2000 words - 16

Economics - Essay Example The UK economy has undergone through very critical evolutionary steps in the 1980s through the implementation of Gower report and the enactment of the subsequent 1986 financial services act (Ellwood, 2002, 565-594). It is acknowledged that these changes are responsible of many developments that the economy has had throughout the late 20th century and the subsequent years in 21st century. This paper therefore focuses on analyzing the critical role that financial services sector play within the UK economy after the Gower report and the financial services act in the late 20th century and subsequent enactment of FSAct in 1986. The Gower report established a platform through which the UK financial sector can provide insights, financial services as well as advise to investors both locally and at the international front. The financial sector specializes in services such as finance and accountancy, banking, financial planning, insurance as well as pension and investments. Over the years that followed the 1980 Gower report, the United Kingdom has moved from the state of passive sale and display of manufacturing produce to become a leading determiner of what is manufactured as well as consumed. The financial services sector shifted the attention of services provide towards retailing and wholesaling industries within the country. Moreover the enactment of the 1986 financial act has been pointed out to have contributed towards increased regulation and compliance requirements within the sector (Llewellyn, 1999, p. 309-316). The importance of such regulation cannot be overlooked as it has the main aim geared toward s consumer protection. Through the act, the industry has been streamlined towards effectiveness in service delivery through overcoming information asymmetry between the service providers and the customers. The importance in regulation is also based on the reason that many institutions are