The aim of this paper is to provide an overview of the effects of changing values and preferences on personnel management, and then to develop recommendations for action that take into account the generation-specific aspects of management. This is followed by an answer to the question of what future leadership development, in light of the changing employee preferences of the newer generations, should look like.
In the past decades, many theoretical approaches and perspectives on human resource management have been developed and published. They are mostly based on empirical surveys, theories or practical experience. If you look at these, you find that the trend is toward flatter hierarchies and thus more self-organization among employees. If one believes the researchers, Germany has been undergoing a change in values for several decades, which is also decisive for the world of work and management in companies.
One of the most important consequences is the striving for more self-realization and self-development. Every individual has the need to understand his strengths and also weaknesses, to develop his talents as well as to contribute to society. This change in values is characterized by the attitudes of generations Y and Z, with regard to life and work concepts, changed preferences with regard to work, and the demand for more co-determination in companies.
Companies are increasingly focusing on the concerns of the coming generations, as they pose new challenges for managers. Against the backdrop of the incoming generations, the question arises as to how far the already known personnel management approaches take this into account and deal with changed preferences of generations Y and Z.
Inhaltsverzeichnis (Table of Contents)
- 1 Introduction
- 1.1 Problem statement
- 1.2 Objective
- 1.3 Structure of the paper
- 2 Terms and theoretical foundations
- 2.1 Definition of "leadership"
- 2.2 Leadership from today's perspective
- 2.3 Demographic change
- 2.4 Definition "Generation"
- 2.5 The demographics of Generation Y
- 2.6 The demographics of Generation Z
- 3 Effects of changing preferences on personnel management
- 3.1 Shaping Generation Y
- 3.2 Shaping Generation Z
- 3.3 Comparison of generations and their different value patterns
- 3.4 Importance of different generations for personnel management
- 3.5 Importance of different generations for companies
- 4 Previous approaches of successful executives
- 4.1 Traditional leadership concepts
- 4.1.1 Property theories of leadership
- 4.1.2 Behavioral Theories of Leadership
- 4.1.3 Situation theories of leadership
- 4.2 Modern management concepts
- 4.2.1 Symbolic guided tour
- 4.2.2 Emotional leadership
- 4.2.3 Transactional and transformational leadership
- 5 Future leadership concepts in dealing with generations Y & Z
- 5.1 New requirements for leadership
- 5.2 Looking to the future: What might tomorrow's leadership look like?
- 5.2.1 Self-reflection and development
- 5.2.2 Leadership and development
- 5.2.3 Team leadership and development
- 5.3 What methods and instruments should the future leadership take to heart?
- 5.3.1 Communication
- 5.3.2 Feedback
- 5.3.3 Creating emotions and trust
- 5.3.4 Motivation and commitment
- 6 Leadership development in practice
- 6.1 Competence profile of a future manager
- 6.2 Recommendations for future leadership development
- 7 Closing remarks and outlook
- 7.1 Conclusion
- 7.2 Outlook
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
The paper aims to explore the changing values of Generation Y and Z and their impact on personnel management. It analyzes the demographics, values, and expectations of these generations and how they differ from previous generations. The paper also examines the implications of these changes for leadership styles, management strategies, and the future of organizations.
- Changing values and expectations of Generation Y and Z
- Impact of generational differences on personnel management
- Evolution of leadership styles and management concepts
- Future trends in leadership development and organizational structure
- The importance of adapting to generational shifts for organizational success
Zusammenfassung der Kapitel (Chapter Summaries)
The first chapter introduces the problem statement, objective, and structure of the paper. It establishes the context for understanding the changing values of Generation Y and Z and their impact on personnel management.
Chapter 2 defines key terms and lays the theoretical foundation for the analysis. It delves into the concept of leadership, examines the perspective of leadership in the modern context, and provides a comprehensive overview of demographic changes. The chapter also defines the concept of "generation" and explores the demographics of Generation Y and Z.
Chapter 3 focuses on the effects of changing preferences on personnel management. It analyzes how the values and expectations of Generation Y and Z have shaped their work experiences and how they influence their interactions with employers. The chapter also compares the value patterns of different generations and highlights their importance for both personnel management and companies.
Chapter 4 examines previous approaches of successful executives. It presents a comprehensive overview of traditional leadership concepts, including property theories, behavioral theories, and situation theories. The chapter also explores modern management concepts like symbolic guided tour, emotional leadership, and transactional and transformational leadership.
Chapter 5 delves into future leadership concepts in dealing with generations Y and Z. It outlines the new requirements for leadership and discusses how tomorrow's leadership might look. The chapter explores the importance of self-reflection and development, leadership and development, and team leadership and development. It also examines what methods and instruments future leadership should consider, including communication, feedback, creating emotions and trust, and motivation and commitment.
Chapter 6 focuses on leadership development in practice. It discusses the competence profile of a future manager and provides recommendations for future leadership development.
Schlüsselwörter (Keywords)
The paper centers around the key concepts of generational shifts, leadership styles, personnel management, and organizational adaptation. It explores the impact of changing values on the workplace and highlights the importance of developing future-oriented leadership approaches that cater to the needs of the new generations. Central to the analysis are the demographics and value patterns of Generation Y and Z, which are compared to previous generations. The paper also delves into various leadership theories, including traditional and modern concepts, and provides recommendations for successful leadership development in practice.
- Quote paper
- Christoph Wiegand (Author), 2019, The Changing Values of Generation Y and Z. Impact on Personnel Management, Munich, GRIN Verlag, https://www.grin.com/document/1185357