
Twenty-something Fortune writer Nadira Hira made the cover story for the May 28, 2007 edition with her profile on Generation Y. Write what you know as they say. Great insight into how Generation Y is changing the rules of business. Unlike the slacker Generation X, the Gen Y group is fully-wired, motivated and fearless.
Difference between Gen X and Gen Y.
Gen X:
Attitude: Cool to be aloof.
Living at Home: Not cool, but sometimes necessary.
Wiredness: Good with computers, but grew up before Internet and mobile phones were robust and useful.
Multitasking: Watch TV while talking with friends on landline.
Work Attitude: Work is necessary to pay the bill, but not the top priority.
Telecommuting: Ask for permission once my company expands this option.
Gen Y:
Attitude: Cool to take charge.
Living at Home: No one cooks like mom. My folks are my best friends.
Wiredness: Cannot function without the Internet or mobile technology.
Multitasking: Text message on phone, update FaceBook profile, listen to iPod, and IM chat with Meebo.
Work Attitude: Work needs to be interesting or challenging, or I'll sit on the sidelines and wait for something better.
Telecommuting: Why should I come to the office if I can get all my work done and more from home?
The entry of Gen Y into the work force is going a long way to humanizing corporate America. The reason? These kids are talented and motivated. They are filled with self-confidence. What they don't know, they figure out, mostly. Companies need to learn how to keep their Gen Y employees engaged, as there will be some great work and innovation coming from this group.
FaceBook has released their
new widget-friendly platform today. With this new platform release, it looks as if Zuckerberg may bypass Yahoo! and other acquisition paths and go it alone. Mark is perhaps the ultimate Gen Y coverboy. He has the confidence and fully expects to take over MySpace's strong lead in social networks without needing a larger partner. As well, FaceBook appears to be driving towards competition against even bigger fish (Yahoo and Google).
It is not going to take some of the older workers some time to get used to the Gen Y rules. The one thing that Gen Y will have to deal with is focus. Work is called work because there are tasks that may not be fun, but need to get done. Will the Gen Y group accept these more mundane tasks or head out to the next engagement?
Nick Denton, another 20-something journalist, has an interesting blog entry titled asking
"Is 30 too old to start a company?" Although age does matter, the more important lesson that Gen Y success stories teach us is that the combination of talent, confidence, and fearlessness are recipes for success at any age.