Our cover story for the latest issue of our magazines answers a number of questions raised by managers and human resources professionals around the world. They are finding it increasingly difficult to manage and retain this group of younger professionals. In the feature, I speak to Kai Peters, CEO of Ashridge Business School, which recently conducted research on this very topic. Their insights outline the key characteristics , strengths and weaknesses of Generation Y. What is most interesting, is the sharp contrast in career priorities that these professional have compared to their predecessors.
Overall, Generation Y has a lot to offer, but needs a better set of incentives and more recognition from their managers, in order to be more motivated to bring in results. Some of the best methods that have been recently adopted by organisations include reverse mentoring, where younger professionals are invited to share their voice in high-level meetings, as well as calculated rotation programmes, where employees have the option to move to a different job role every eight months or so.
SME Advisor Middle East is aimed at business owners and senior executives across the GCC. Armed with practical advice, it has been highlighting key business issues for the small and medium enterprise segment since its launch in 2005.