Two decades ago, if you polled most employees inquiring whether their boss was older or younger, “older” would have been the overwhelming response. Now, the answer would not be as decisive. A shifting power dynamic between Generation Y and the Baby Boomers is changing the landscape of the workplace. As a result, the leadership-development discussion between manager and employee is also being transformed.
The average age of the CEO is decreasing, while life expectancy and retirement age are increasing. We see multi-billion-dollar startups by 28-year-olds and older employees increasingly reporting to younger supervisors. Performance is becoming valued over age and, as a result, the workplace is being turned upside down.
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