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Making Connections

In a Marketplace with Four Generations

Dr. Jacalyn Kerbeck, CRP

May 2, 2012

Evolution

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Remember when…

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Remember when…

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Words that have changed in meaning

TEXT

 LINK

 CELL

 NET

 HIP

 FAR OUT

 JAVA

 APPLE

 MOUSE

 TABLET

 DOWN WITH THAT

 PARTY

 WHALE

 ANGRY BIRDS

Slide 5

People have changed how they connect

 TEXT

 EMAIL

 LINKED IN

 FACEBOOK

 TWITTER

 YOUTUBE

 SKYPE

 FACETIME

 WEB EX

 GO TO MEETING

----------------------

 PHONE

 FACE TO FACE

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Evolution

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Evaluate your meetings and incentive programs

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Time is everywhere

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Presentation Agenda

>> Making Connections

 An overview of organizations today

 Characteristics of each generation

 Components of recognition programs

 Doctoral Dissertation and Study

 Study Findings

 Building relationships

 Wrap-up

 Questions

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Generation X

(At least 30 but less than 45)

41%

Cross-Industry Age of the Workforce

Millenials

(Less than 29)

28%

Source: APQC

Traditionalists

(60 or greater)

4%

Baby Boomers

(At least 45, but less than 60)

27%

Slide 15

Source: WorldatWork 2008 Survey Slide 16

Source: WorldatWork 2008 Survey Slide 17

Traditionalists

 Respect for authority and rules

 Hard working

 Loyal

 Focus on duty and responsibility

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Baby Boomers

 Hard work and long hours

 Value on education

 Emphasis on teamwork

 Face-to-face communication

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Generation X

 Skeptical of authority

 Work-life balance

 Informal workplace

 High productivity

 Focus on self-reliance

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Millennials (Gen Y)

 Diverse

 Optimistic

 Civic-minded, moral/ethical principles

 Multi-taskers

 Immediate information/communication

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Cash

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Incentive travel

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What Motivates You?

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Donating time to charity

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My Doctoral Dissertation and Study

 Reward and recognition programs motivating generational diversity of a pharmaceutical sales force

 Kerbeck, Jacalyn Eileen . University of Phoenix,

2011. 2011. 3476659.

 236 References

 Committee Chair and 2 committee members

 ARB/IRB Approval, Oral Defense, Dean’s signature

 First Committee Chair died 2 months before

Dean’s sign off on dissertation

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Abstract

 Abstract (summary)

 This was a quantitative correlational case study.

 This investigated the relationship between gender, generation, and overall satisfaction of

 382 United States and Puerto-Rico based pharmaceutical sales representatives toward recognition programs.

 Archival data from a performance improvement company was studied.

 Analyzed to determine correlations from two groups of representatives.

 A Likert-type electronic survey was distributed and 377 usable responses were received.

 Data analysis revealed two themes: employee recognition and employee alignment with organizational goals. Reinforcement theory and theories of motivation support the literature.

 The study found no significant differences in overall satisfaction of pharmaceutical sales representatives by gender and generation, but significant differences existed between the two groups who participated.

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Group Participant Analysis

Gender

Generation

Overall Satisfaction

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Study Findings

 Significant differences exist between males in

Group 1 and males in Group 2 on Satisfaction

 Significant differences exist between females in

Group 1 and females in Group 2 on Satisfaction

 Significant differences exist between generation for the Total Group (combination of Group 1 and

2)

 No significant differences for Group 1 by

Generation

 No significant differences for Group 2 by

Generation

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Future Research

 I. Survey tool

 II. Include questions on which program elements impacted Satisfaction

 III. Include questions on how Satisfaction relates to motivation to work

 IV. Include sub-questions on how Satisfaction relates to recognition programs

 V. Include additional variables on program logistics

 VI. Include a third dataset for triangulation

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Building relationships

Recognize the generational differences, but don’t focus on them

Break down the negative stereotypes of each generation

Understand the characteristics of each generation

Communicate according to the preferred method of the recipient

Develop generational teams to work toward a common goal

Lead your organization by demonstrating the importance in building bonds between the generations

Provide feedback that is timely, but may not be immediate

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To Do’s for Successful Connections

Recognize the experience and value to the organization that the

Traditionalist brings

Communicate with Boomers in person and give them your full attention

 Boomers like handwritten notes in addition to phone calls, emails

Design incentive programs to drive motivation by gender and generation

Measure the ROI on each program

Share best practices of engaging generations

Evolve to incorporate team members across the generations to evaluate the effectiveness of present day reward and recognition programs.

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One Size Does Not Fit All

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Bibliography

Franks, S. J., & Weis, A.E. (September, 2008). A change in climate causes rapid evolution of multiple life history traits and their interactions in the annual plant.

Journal of Evolutionary Biology. 21 (5). 1321-1334.

Casison, J. (April, 2010). The incentive merchandise buyer’s guide.

Incentive. 184(3). 16-22.

Castro, L., & Castro-Nogueira, L., Castro-Nogueira, M., & Toro, M.

(June, 2010). 25(3). 347-360. Cultural transmission and social control of human behavior.

Biology & Philosophy. 25(3). 347-360.

Dosh, C. (7/17/2006). New Orleans Spurs Mtgs. Business Travel

News. 23(13). 60-65.

Godar, P. (April, 2011). Recognition. Sales & Service Excellence.

11(4). 7.

Gottlieb, L. (July/August, 2011). How to land your kid in therapy.

Atlantic Monthly. 308(1). 64-78.

Hosford, C. (2010). Socially challenged. Lead Generation Guide.

95(6). 22.

Jakobson, L.(May/June, 2011).

(3). 54 -56.

Individual Incentive Travel Is

Booming

. 185

Bibliography continued

Johnson, J. (September, 2011). Generations Y’s guide to working with older generations. Agri Marketing. 22-23.

Lancaster, L.C., & Stillman, D. (May, 2002). From a gold clock to founder’s stock: Rewarding the generations. Potentials.

35 (5). 26.

Larkin, E., & Kaplan, M. (May, 2010). Intergenerational relationships at the center. Young Children. 65(3). 88-94.

Ligos, M. (May, 1998). Incentives for the ages. Successful Meetings. 47(6).

49-53.

Oriente, E. (September, 1999). Creating a powerful employee incentive. Incentive. 173(9). 158.

Tilsner, J. (May, 2004). Birthday party do’s and don’ts.

Parenting. 18(4). 153-159.

TREND # 2: Inside the Mobile Application Revolution. (May,

2010).

Trends Magazine. (85). 14-18

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Questions

?

Contact information:

Dr. Jacalyn Kerbeck

ITAGroup www.itagroup.com

215-852-9406 jkerbeck@itagroup.com

THANK YOU!

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