Someone said to me recently that if you are still buying CDs you must be over 40. It got me thinking. I grew up with records, then tapes and now CDs. A producer puts them together and decides which set of songs you can buy as a package. Old habits die hard and I still buy CDs. Even though I only put the tracks that I like on my iPod I still like to have the entire CD for my collection. Crazy really.
We all have the benefits of non-standard packages now in buying music and other entertainment. Not only can we buy it how we like but we can consume it when we like. And the customisation options are endless.
This is Generation Y’s world. Yet organisations have not caught up. They are still very standardised in their approach. People policies and practices that still prevail today were designed for a very different era. An era when jobs were more well defined, customers more predictable, communications limited to telephone, face-to-face or fax, working hours were mainly contained to times when everyone else was working. 24/7 connectivity was not possible because we were not connected via the internet.
Generation Y don’t understand standard. They are used to designing their own gap year, their own MySpace, the design of their sports shoes etc etc. What about their own career, jobs and benefits packages? Companies in the main still have fixed benefits packages even within the ‘cafeteria’ system (and this is to say nothing of whether the benefits are the kinds of things that Gen Y want).
In the past job descriptions have been created by the company and given to the employee to fulfil. This is changing. Not only are people wanting to add their own interests and personality to the job they are also looking to take short term sabbaticals, spend part of their working week on pro-bono charity work, run their own start-up business, the list goes on. Highly talented people are not content to be restricted anymore. When I was in my twenties I certainly would have liked to pursue all sorts of other interests in the work sphere but I expected not to be able to do it. Nowadays people expect it, and if they do not get it they leave. Top talent will always be in demand and will always have choices. Giving more options and flexibility is one way to make sure that you attract the best. Economic downturn or not good people always have choice. And why would they buy a CD when they can create their own playlists.
Sally