Mon 7 Jun 2010
Children of the Bull?
Posted by Neil Howe under Economics, Generation X, Millennial
[6] Comments
Two somewhat different takes on the Millennial (born 1982-200?) leading edge in the workplace. The first is in the NYT Magazine:
http://www.nytimes.com/2010/05/30/magazine/30fob-wwln-t.html?pagewanted=print
It is called “The Why-Worry Generation,” quotes us, and ultimately agrees with our positive take on how Millennials are handling the current downturn.
An Generation X (born 1961-1981) apparently disagrees and has written a rejoinder called “Children of the Bull”:
http://blogs.babble.com/strollerderby/2010/06/01/generation-y-or-children-of-the-bull/
Best quotes from this Xer:
First the dripping sarcasm: Nothing was too good for the Children of the Bull, and everyone from jewelers to five-star hotels clamored for the business of their parents, offering up treasures ranging from emerald earings for little Emma to luxury tropical vacation camps for tiny Caleb. But all that money bought other things too, goodies that should not have been purchased so thoughtlessly.
Then the self-revelation: While as a die-hard Gen X slacker myself, I fervently admire the Children of the Bull’s refusal to buckle down and serve The Man, any casual survey of economic data circa 2010 tells you that their burst of self-confidence is probably fueled not by their unique resilience but by the monetary energy received from one last desperate hit from the parental financial tit.
Finally, the bottom line: How the Children of the Bull will deal with making it on their own has yet to be determined. But I’m betting they will handle it the same way as every generation before them: they’ll give up on expecting employee paradise and get to work.
In our new book, needless to say, we disagree. (Though I love this Xer’s style—so archetypal!) We say that it’s not this young generation that will change, but the behavior of the older generations who manage them—at least in those companies that don’t go bankrupt.
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