Personnel Decisions
International (PDI) today announced new research that shows companies
face a substantial employee skills shift as 22.5 million baby boomers
are on schedule to retire during the next 10 years and company
leadership transitions to Generation X managers born between 1964 and
1979 who will bring a new, distinct skills set to the workplace.
"Research shows Gen X managers may struggle to fill the baby boomers
shoes if companies expect them to have the same big-picture view of the
industry and technical knowledge as their predecessors," explains Brian
Davis, executive vice president, practice areas at PDI. "Companies need
to be aware that a smooth transition to Gen X leadership may mean a
shift from the expectations they had for baby boomers."
The PDI Pulse on Leaders research surveyed the competencies of
nearly 24,000 mid-level managers in 20 skill areas. According to the
data, both groups are able to meet performance outcomes, although they
arrive at those outcomes very differently.
Baby boomers received higher ratings from their managers in 10 out
of 18 competencies. They were nearly 18 percent more likely to be rated
as "knowing the business" and 10 percent more likely to use technical
or functional expertise on the job. Baby boomers also rated
substantially better in their ability to coach and develop and their
ability to manage execution. On the other hand, Gen X managers are more
likely to receive higher ratings in self development, work commitment
and analyzing issues than their older counterparts.
The skills below were significantly different between the two
groups. For example, when rated by their managers, baby boomers score
17.74% higher on knowing the business than Gen X.
BOOMER SKILLS Managers rate GEN X SKILLS Managers rate
boomers Gen X
X% higher X% higher
than Gen X than Boomers
Knowing the Business 17.74% Developing Oneself 9.81%
Coaching and Developing 14.47% Showing Work Commitment 6.56%
Managing Execution 12.13% Analyzing Issues 5.92%
Using Technical/Functional Demonstrating
Expertise 10.18% Adaptability 5.57%
Displaying Organizational Savvy 9.85% Drive for Results 3.10%
Establishing Plans 9.17% Speaking Effectively 3.02%
Managing Disagreements 7.51% Listening to Others 2.40%
Providing Direction 6.78% Building Relationships 2.33%
Fostering Teamwork 6.09%
Using Sound Judgment 3.93%
Based on this data, PDI says companies have two primary options:
1) Identify when specific skills such as "managing execution" are crucial
to success and train members of the younger generation in those areas
in which they are weaker. Subsequently, companies should consistently
screen potential leaders for grasp of these skills
2) Prepare for new management structures and practices based on the Gen X
skills set
A new management structure would likely result in a shift from the
baby boomers' more hierarchical, directive leadership style to a new,
collaborative approach relying on collective buy-in as Gen X assumes
more management positions.
Baby boomers can help facilitate the shift to Generation X's
leadership by involving younger managers in problem solving in order to
broaden their job scope. At the same time, boomers can benefit by
working on communication and collaboration skills as modeled by
Generation X.
"Both the baby boomer and Gen X competencies are valuable tools in
the marketplace," said Davis. "But it's important to prepare for the
changes that will result from these differences as companies transition
to the next generation of managers."
The PDI Pulse on Leaders analyzes different workplace questions on a
regular basis and can be used as a source for gaining insight on the
inner values of talent management and leadership development.
About PDI (Personnel Decisions International)
Personnel Decisions International (PDI) is a global human resources
consulting firm with distinctive expertise in building leadership
talent that provides real competitive advantage. With more than 725
team members in 28 offices around the globe, we partner with the
world's leading organizations, enabling them to make consistently
effective decisions about leaders.
Using field-tested strategies, systems, and tools that are unique in
the industry -- we help clients identify, develop, and deploy superior
leaders. Our aim is simple -- the well placed confidence that your
current and future leaders are distinctively stronger than the
competition, resulting in sustained, superior performance.
For more information, contact PDI client relations at 800.633.4410 or visit PDI's Web site at http://www.personneldecisions.com/ .