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How to Manage 5 Generations in the Modern Workplace

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- multiple perspectives
- problem-solving abilities
- learning/mentoring opportunities
- knowledge transfer & retention
- unique relationships

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- Silent Generation (Traditionalist) - born 1928-1945
- Baby Boomers - born 1946-1964
- Generation X - born 1965-1980
- Generation Y (Millennials)- born 1981-1996
- Generation Z - born 1997-2012

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- a personnel comprised of people from several generations
- average lifespan for humans has been increasing
- so more individuals are choosing to work well past the typical retirement age
- age diversity is the widest ever
- common for organizations to have employees working side-by-side who represent four to five generations.

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Urbanisation and the rise of the megacity | The Economist

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- new mobility solutions:
-> e-hailing innovations
-> autonomous driving
-> electrification

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- changes in land use, economic activity and culture
- higher levels of literacy and education, better health, lower fertility and longer life expectancy, access to social services, cultural and political participation

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- increase in the number of people living in towns/ cities
- expansion, proliferation and enlargement of cities compared to rural settlements.

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- pollution of enviroment (plastic, emissions of greenhouse gases)
-> climate change
- exploitation of workers in low-wage countries
-> poor working conditions, low wages
- dependence of countries
- outsourcing
- international problems and crises
- westernisation
- rapid spread of dangerous ideas
- competition for corporations

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- international trade, cooperation
- production chains more efficent
- cheaper products
- mobility of goods and people
- job creation
- growing global economy
- better understanding, communication with people around the world)
- exchance of diverse cultures
- large supply of goods