Business Thoughts, Favorite Quotes, Rants and Observations

How young business people are out thinking older business people

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“The secret message communicated to most young people today by the society around them is that they are not needed, that the society will run itself quite nicely until they – at some distant point in the future – will take over the reigns.

Yet the fact is that the society is not running itself nicely … because the rest of us need all the energy, brains, imagination and talent that young people can bring to bear down on our difficulties.

For society to attempt to solve its desperate problems without the full participation of even very young people is imbecile.”

Alvin Toffler

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“What old people say you cannot do, you try and find that you can.

Old deeds for old people, and new deeds for new.”

Henry David Thoreau

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I have an entire white paper coming up on what I consider the new business model businesses need to be pursuing in order to be successful <and how it is different from what my 50something generation typically espouses>.

That said.

Suffice it to say that young business people are instinctually being smarter than older business people in today’s business world. Notice I didn’t say they were smarter … just instinctually smarter.

This is driving older business people crazy because they are confusing instinctual with naiveté or ‘unable to rationalize’ what they believe … and they are disregarding what the young have to offer … at great peril.

Here is where young business people are outsmarting us older business people.

Young people tend to instinctively understand that:

– Peak performance is contextual <and inherently more difficult to replicate>

And.

– Tactics are contextual <and therefore cannot simply be implemented as standard operating procedure … and expect similar results>.

This instinctual understanding drives a different strategy and, most importantly, a different attitude toward implementation.

This instinctual understanding of context derives a couple of important benefits to compete in today’s business world:

– Speed to market.

This is an easy one. Young people inherently think ‘get there fast before someone else does’ … but older business people hate this because they think ‘get to market smarter.’

<note: they are actually not mutually exclusive>

Too hasty means increased risk to 50something business people. Older managers invest inordinate energy in the planning and development where young people would rather invest the energy and investment into the implementation and learn & adapt.

Oh.

Chafing occurs not just because of speed to market difference but also allocation of resources.

Old people use up all their funds upfront. Young people use up their funds in implementation <learning & adapting>.

– Increased array of tactics to implement.

Whew. This one is so often overlooked … but … young people are so far ahead of us older people attitudinally & in action it scares the bejeezus out of <most> older business people.

Older people think & plan and craft tactics with care. And as they do so … the ‘not best of the best’ <but still good to best> are set aside … thrown in some corner … never to see the light of day again.

Old ideas are old ideas.

Discarded ideas are ‘not good enough then so won’t be good enough now.’

Therefore a limited number of tactics are arrived at and once they have earned some ‘success’ they are used over and over again <regardless of the context>.

Young people instinctually understand context and don’t discard ideas … simply find the right context for an idea. The number of arrows in their quiver is typically exponentially bigger than an older managers’.

And not all arrows are meant for the same competition. And they are willing to shoot an arrow at any time with limited effort … and they don’t measure an arrow simply against did it hit the bulls eye but rather was the arrow more effective in that weather, at what distance, against what competition and whatever environmental contextual factor which could have impacted the flight and effectiveness of the arrow.
Oh.

And rather than older managers … they don’t use the contextual information as an excuse for why the one tactic <or the few they so carefully crafted> wasn’t as effective <or was effective> they use the information to more accurately select the next correct arrow.

Now.

This instinctual thinking does create some issues <practically speaking as well as 50something issues>:

It sure looks unclear.

Well.

Because it is mostly instinctual thinking and not experience driven it can be difficult to explain. And if it is difficult to explain then … well … it is difficult to clearly understand <move it from concept to reality>

Uh oh.

People fear what they do not understand.

The young can sense the right thing to do but when cornered by some crabby 50something they struggle to rationalize or explain the true merits … as well as struggle to explain how it can be done. Therein lies a challenge … well … because the 50something isn’t sure how it can be done <even with sensing the merits> either.

This gets frustrating on all sides.

But.

Anything new … including a new way of doing business … doesn’t come with a ‘how to’ manual. It takes shaping & crafting & learning & adapting. And this means both generations giving a little and getting a little.

Regardless.

While I do note this is a negative, or a challenge, I believe it is the responsibility of the older generation of business people to not only recognize the truth <instead of sliding down into some tired & trite diatribe about the ‘entitled youth’> and ‘fill out’ their instinctual thinking and design the better way to implement for the future of business.

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<note: this is a 50something skill set which not all of us 50somethings embrace: https://brucemctague.com/older-experienced-people-and-transformational-hires >

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It sure looks like chaos.

<50something questions … typically said with a condescending tone>

How do you know what to do? What plan to do we show everyone beforehand? How can we tell if we implemented the plan we wanted? How do we budget? How do we know what to use the money for? What happens if we run out of budget?

Question after question after question.

What it all comes back to is not having a specific implementation plan which everyone can … well … plan around so they can implement the plan.

It is not chaos.

Not even close.

In fact while the tactics may be amorphous and the implementation ongoingly inconsistent <following up where necessary & watching when appropriate> it all happens against a core strategy <that has never changed> and implementation actually follows the best information of the day.

50somethings like to plan and implement and sit back … gather information … maybe do something opportunistic here or there … and then invest gobs of energy justifying the plan developed way back in the way back machine.

No wonder they think this looks like chaos.

Silly. Insecure. Pick a word for the 50somethings.

We have the experience, more so than the young, to scan the learnings and actually be smarter about the actual adapting. We have the experience to know that ‘structure’ can show up in a variety of forms and that a plan <the old way> was simply an easy construct … but <if we are honest> not always the most effective construct.

The young business person may struggle to articulate the value of this ‘plan of action’ but we 50somethings certainly can, an should, see the beautiful construct rather than simply hear chaos in our heads.

It sure seems costly.

Whew.

All this ‘execution development on-the-fly’ and adapt & learn sounds like it is really costly.

Well.

No <it is not more costly than the old way of doing things>.

Yes only to a 50something. Why? The old way was to set aside money and think and then develop and then implement. Each phase had a cost & a budget and you developed a plan against the budget. It was … well … manageable. Maybe not the most effective but it insured <theoretically> that dollars were prudently allocated and used.

In the new world the bulk of dollars gets shifted from development to implementation.

The high cost perception gets attached to the perception of ‘no plan to work against.’

I will admit that it certainly takes a different cost & budget management ability … but it is not more costly. In fact … I could argue that it is more efficient in that you are more likely to maximize the effectiveness of each implementation dollar.

I hesitate to suggest 50somethings struggling with this that they should think of this as managing the opportunistic portion of their budgets … but in this case the opportunistic reflects the bulk of your implementation budget. I hesitate because in my experience opportunistic is anything but … it is a slow process to ‘jump on’ some opportunity … where as I am now discussing real-time learn & adapt implementation.

But.

Bottom line.

It ain’t costly as long as if you decide to play this game to play it the way it was meant to be played. Fast & lots of shifting pieces & parts.

Look.

I get really grumpy with my generation of business people.

We 50somethings are missing the boat.

The businesses we are leading are being strangled with our attitudes, in general, or mislead with antiquated thinking.

Worse.

We disregard the opportunity at hand – young people and their thinking process.

We tend to mis-define the young stated ‘instinctual’ attitude which only exacerbates the generational issues occurring in the workplace.

We should be using their instinctual thinking to inspire our experience to new heights an new challenges.

We sometimes have to make decisions without having knowledge or information we think we have to have <or maybe what we gathered in the past before executing>.

And if we 50somethings get our proverbial heads out of our asses … well … we ARE the asset in this situation.

It is our capabilities & experience to judge and assess what the right decision could be while moving forward where we prove our value to the young.

We shouldn’t impede but enhance.

We shouldn’t slow but improve on the move.

Maybe it isn’t our inability to let go of ‘the way it is supposed to be done’ that is the issue but rather we don’t have trust in ourselves in this new dynamic environment.

The young instinctually trust what they see should be done.

The 50somethings instinctually distrust what they see being done.

It’s crazy.

The young are out thinking us and all we are doing is slowing them down. We should be steering, encouraging and enhancing … and, frankly, learning a new way of doing things.

As a 50something I tend to believe my generation of business people should be focusing on what we are doing to make things better rather than stifling those who do.

As a 50something I tend to believe my generation of business people should be focusing on what we are doing to make things better rather than trying to replicate the things of the past.

As a 50 something I tend to believe my generation of business people should be focusing on what we are doing to make things better by not worrying about whether we are the smartest & most experienced but rather enabling a new generation of smart thinkers to do great things even better.

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opportunities to do the best, perceive how things should be done, perceive they used to have, perception of how hard one works, perform according to our fears, performance, Performance based on fear, personal character type attributes, personal creative destruction, personal Life mirrors business life, perspective, perspective can help with the complex, pessimism winning out over positive, places offer stimulation and contemplation, positive impression on a child, Post-Millennial Generation the Global Generation, power of the community, predictions, principally tied to establishing new capability, prioritizing actions, prioritizing what is right or wrong, process is a means to an end, process of recognizing and differentiating from these forces, producing a young moral business generation, productivity, project global generation, project global generation global collaboration, Project Global Generation idea, promise according to our hopes, proof of success, Protected from the big bad world, proud of intellectual curiosity, providing perspective, purposeful fragmentation, pursuing the way, push back against the right versus wrong, quality versus quantity online, quick to adopt shit, quirks, quite frankly, quotations, quotes, Radically different, raising a generation of precious little wimps, Rants and Observations, reach for the stars, readers have a responsibility, Reading a book and other cognitive activities, reading an easy path to knowledge, reading exposes you to thoughts and ideas, reading gives the brain a good workout, reading statistics, reading stimulates brain activity, realize that attitudes change, reason to believe, recipe for failure, recognize it is kind of fucked up, recognize the choice, recommendation, redrawing boundaries, reflect, reflection of a quirky complex mix, refusal to let go, refusal to let go of what was, relationships, relentless pursuit of outcome & results, rely on opinion, repetition and reconnection that leads to replenishment, resiliency, resiliency and character, respect, respect for individual choice, responsibility, responsibility of the older generation of business people, restless consistency, results are the measure of effective skills, right and what is in our own interest coincide, right is right, risk averse, risks are high for our future, role of the web in generations, rude awakening when the real world, rue careers of outcome, running a business, running the gauntlet of experiences, safe, say it is happening when it isn’t, say that something is happening when it is, scared, seamlessly blends local and global, secret message communicated to most young people today, see different things, see so many things through reading, see your own reality, seek out events without fear, seeking new experiences, self actualization, self determination, self truth, self worth, sense of community, Separate yourself now from the multitude of humanity, serve as cultural intersections, shares ideas and thinking, short term concentration capabilities, short term decisions may have minimal short term results, should young people do, shouldn’t impede but enhance, shoving aside what old folk tell them they should be, simplicity in life, simplicity seems too chaotic, simplifying to make choices easier, simplistic labeling, simply etching my appreciation for a stunning glimpse of clarity, skewed perspectives, skews that perspective, slippery slope, slippery slope of despair, slotting a person in our mind, small group of thoughtful people, smallest actions contribute, so focused on outcome, so focused on the process, social media is not antisocial, society is not running itself nicely, society to attempt to solve its desperate problems, soft choices, solid thinking construct but flexible in application, some distant point in the future, Some people will never ever be interested in learning, Some statistics which are disturbing, Some symbiotic relationship seems to exist, something other than outcome, space between the people, specialist, speed to market, stagnant 50somethings, starting to make a difference, statistical decision theory, statistics, statistics cannot make the decision for you, statistics getting in the way of a good decision, stay or go, stepping into a moment, still exists a right and wrong, still worked well together, stimulus reponse, strategy, strength of character to make change, strengthens the Global Generation’s social capabilities, stressful decisions, strive for greatness and justice, strong desires pull us in opposite directions, strong sense of entitlement and control, struggle to know themselves, Stuff I Like, sure looks like chaos, swallowing nonsense, swing between me-ness and we-ness, Tactics are contextual, take advantage of reading, talent that young people can bring to bear, tangled up people, teaching kids globally, technology in hand, telegram globalized communication, telling youth what will be, tend to be generalists, tend to believe we will be offended less, terrible disease of loneliness can be cured, that i will be tomorrow, That's what it takes to be a hero, the answers are within you, the choices in front of you, the economist e-communication and society, the empty outcome syndrome, the enabler and the enabled, the future, the mess in discovery, the millennials have grown up, the numbers told me what to do, the organizational crack, the outcome generation, The parts that inhibit what they can be, the post millennial generation, the preparation of the evening meal, the prevailing stereotype, the real world, the sanctity of published literature, the traditional laborer earned less, THE US MILLENNIAL LOYALTY SURVEY, The word Millennial, the world wide web has made things more difficult, Their jobs, there is no formula for good choices, they don’t want what we have, They made me better, They may just be little things, things I may speak in the future, things millennials in the business world should know, think, think that semi-smart people write things in a void, think their naiveté matters, think this looks like chaos, thinking, thinking and ideas and even their vocabulary can be out of date, thinking expands, thinking too much, This beliefs and attitudes thing, this i am today, this young generation sees a future not of despair, those who seek to do wrong, thought becomes a belief, thought is fleeting prior to taking action, thoughtful and committed passion, thrive on dreams and possibilities, through trial and error, tidiness in the what is discovered, time, time and choices, time is moving so fast you’ll never be able to catch up, time to accumulate the experience and learnings, to impact society, today’s business world, torture numbers, torturing numbers, transfer of some positive aspects, transformational people, transformational players, transitioning organizations, trapped by fear, travel through their experience, traveled to you through this book, travels of reading, true belief they WILL be better than us, trust, truth, truth and expectations, truth is what really happened, try and be fair by representing all views, trying to communicate ideas with people, trying to preserve will lead to stagnation, trying to tell them how they should live their lives, twitter triumph of humanity, ultimate measure of effective skills, unbuilds the next business generation, uncomfortable, uncomfortable enlightened thinking, uncomfortable self reflection, understanding how to make people understand, understanding the value of an extended family, unenlightened business, unfocused leaders, unintended results, unpleasant fact, unprepared for the crisis or catastrophe they will be faced with, unravelings, unreasonable solutions, untangling people, until I see what I do, upbeat and open to change, use their own initiative, used over and over again, using knowledge in relevant ways, value of their point of view, values, values and even quirks, values systems, verbalizing is less effective, version of who and what you were in your youth, vibrantly alive in repose, virtue is its own reward, virtue is the health of the soul, vision, vocabulary is out of date, voices of a generation, wacky business world, waiting or living, walked the status quo path far too many times, want to discover things and learn how to do things, wanted their image to be as powerful a statement as possible, waste so much time on nonsense issues & discussion, wasted energy worrying, We always think, we are all in the hope business, we believe in business success, we don't face many Trafalgar moments, We few we happy few, We few we happy few we band of brothers, we happy few, we in it shall be remember'd, We were still part of we happy few, weave your way through business issues, web based collaboration education, what comes before something not stupid, what do you do when you get what you want, what I know opinions, What is right today, What old people say you cannot do, what others think and say and do, What should young people do with their lives today, What they desire, What they think, what they were taught when they were in their 20’s, what we are seeking explanations, what we do may echo in eternity, what we do today will echo in eternity, what will become of us, what you do professionally, what you do with your time, What's in it for me if I do what's right, when assessing what actions we take, when the real world comes calling, when the world was not wired, where is the knowledge and experience coming from, While older folk discuss computer skills, Who cares what age you are, who have embraced the emergence of an almost transparent society, Who’s Changing America Today, Why don’t people do the right thing, why it’s so easy to not do the right thing, why put the energy in, window of opportunity, Winning and losing in life, winning can come in different sizes and shapes, Wisdom does not come by instinct, with their lives, woefully inadequate data, wonderful combination of diverse characteristics, word Millennial, words, words and ideas, words that energize the mind, Work ethic is a tricky thing, work ethic varies, working together, working well together, world invariably gets faster all the time, world provides more and more experiences, would work well together as a we, you are moving up to the next level, you can hear their dreams, you can make a difference, you think and say and do, you try and find that you can, you want to believe that there still exists a right, young are certainly willing to work for it, young business people, young business people are instinctually being smarter, young children collaborating online, young people and their thinking process, young people do, young people in business, young people in business impatience and entitlement in 1806, young people speaking, younger business generation is kicking our proverbial 50something asses, younger generation is all about instant gratification, younger generation who doesn’t think, younger workers do not work as hard, younger workers focus on high productivity

September 14, 2015 by Bruce

Written by Bruce

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How young business people are out thinking older business people

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How young business people are out thinking older business people

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