Young offer tech skills

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Young offer tech skills

YOUNG people have much to offer and that was the message delivered at a business breakfast at Inverloch today.

Guest speaker Adam Smith presented about “Harnessing the Power and Potential of Generation Y” at the event hosted by the Bass Coast-South Gippsland Business Alliance.

The breakfast was held at Manna Gum @ Broadbeach.

Mr Smith said Generation Y are aged 18-32, materialistic and technology savvy, bringing social media and productivity skills to the workplace.

People aged 20-24 are three times more likely to change jobs in a year than those aged 45-54.

While one in five workers are now members of Generation Y, by 2020 they will be the largest generation in the workforce, comprising two in five workers.

“This year there will be more 60th birthdays than ever before. The point is that over the next 16 years, this huge generation will all sail past 60 and ease out of the workforce, creating a significant labour and management challenge,” Mr Smith said.

“Now is the time to begin the succession planning in businesses of all sizes.”

Mr Smith noted that according to testing by Army recruiters in the United Kingdom, there are typically four categories of Generation Y:

  • leaders looking for the opportunity to inspire;
  • thinkers seeking a way to make an intellectual difference;
  • mates searching for belonging and adventure; and
  • escapers who are after a new start, money and action.

Mr Smith is the founder and principal consultant of The Equity Institute, and has generated more than $20 million in philanthropic and corporate investment in public schools in Australia.

He has worked in the United States, Middle East and Europe, and in 2009 was named Young Executive of the Year by BOSS Magazine.

His current clients include the Royal Children’s Hospital Education Institute, Australian Institute for Teaching and School Leadership, Cape York Partnerships and Australian Council for Educational Leaders.

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Posted by on Oct 5 2012. Filed under Community, Featured. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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