According to a recent insight from EY, the decisions leaders take today will impact the world for years and decades to come. This is nothing new, but the consequences, and legacy, of these choices are particularly stark, especially around artificial intelligence, sustainability and social equity. As leaders build the tomorrow for future generations, they have an opportunity to listen to the concerns and hopes of Gen Z, already entering the workplace, and Gen Alpha after them.
But the current fascination with generational dynamics isn’t all about legacy. It is also caused by five generations working together for the first time. That adjacency is highlighting the differences in experiences, skills and outlook, just as technology is accelerating the pace of change and bringing all generations closer together. Moreover, this multiplicity of generations co-habiting the workplace is no blip: In advanced economies, aging populations and falling birth rates are creating a squeeze on skilled talent that will continue through 2050. The opportunity to harness diverse skills and viewpoints across generations has never been greater, just as the challenges rising to meet us are more complex, more interdependent and more intractable than in the past.
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