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The Managerial Lifecycle

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Cosmopolitan Managers

Part of the book series: IE Business Publishing ((IEBP))

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Abstract

Most people joining companies nowadays belong to the so-called Millennial Generation (or millennials), born in the late 1980s and 1990s. Myriad surveys have tried to identify the defining characteristics of this group, but ultimately, the main preoccupation of HR managers is to attract and retain talent, and what interests them is whether millennials respond to certain types of incentives and whether they share the values of previous generations. Another important consideration for HR managers is how to integrate diverse generations so as to produce synergies from them.

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Notes

  1. 1.

    PWC, University of Southern California and London Business School, “PWC’s Next Gen: A Global Generational Study: Evolving Talent Strategy to Match the New Workforce Study,” London 2013. http://www.pwc.com/us/en/people-management/publications/assets/pwc-nextgen-summary-of-findings.pdf.

  2. 2.

    Robert Walters Whitepaper, Attracting and retaining millennial professionals http://www.robertwalters.com.au/wwwmedialibrary/WWW2/country/australia/content/whitepapers/millennial_whitepaper.pdf.

  3. 3.

    Interview held on July 23, 2015.

  4. 4.

    J. Colman and B. Neuenfeldt, “Everyday Moments of Truth: Frontline Managers are Key to Women’s Career Aspirations,” Bain Report, June 17, 2014.

  5. 5.

    O. Badiesh and J. Coffman, “Companies Drain Women’s Ambition After Only 2 Years,” Harvard Business Review, May 18, 2015.

  6. 6.

    G. Eliot, Middlemarch (London: Penguin Classics, 2010).

  7. 7.

    A. Clark, A. Oswald and P. Wars, “Is Job Satisfaction U-shaped in Age?,” Journal of Occupational and Organizational Psychology, Vol. 69, Issue 1, March 1996; pp. 57–81.

  8. 8.

    A. Vongalis-Macrow, “Stopping the Mid-Career Crisis,” Harvard Business Review, September 7, 2011.

  9. 9.

    M. Hamori, “Job-Hopping to the Top and Other Career Fallacies,” Harvard Business Review, July–August 2010.

  10. 10.

    K. Dychtwald, T. J. Erickson and R. Morison, Workforce Crisis: How to Beat the Coming Shortage of Skills and Talent (Boston, MA: Harvard Business Press, 2006.

  11. 11.

    Quote from Salim Ismail taken from exponential.singularityu.org.

  12. 12.

    P. Drucker, Managing Oneself, Harvard Business Review, January 2005.

  13. 13.

    E.g., the Senior Fellow Program at IE Business School or at Harvard Business School.

  14. 14.

    http://www.nybooks.com/articles/archives/2011/feb/10/portrait-artist-young-man/.

  15. 15.

    E. H. Fram, “Are Professional Board Directors the Solution?,” MIT Sloan Management Review, Vol. 46, No. 7, Winter 2005.

  16. 16.

    M. Porter; The Competitive Advantage of Nations (Cambridge, MA: Harvard Business School Press, 1990).

  17. 17.

    Time, October 23, 1950.

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de Onzoño, S.I. (2016). The Managerial Lifecycle. In: Cosmopolitan Managers. IE Business Publishing. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-137-54909-9_3

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