Originally Published In
International Journal of Humanities and Social Science Invention
This research, Impact of Generation Z on the Future of Business and Management Strategies, encompasses the newest generation which is entering the workforce with a comparison to previous generations. This study is to determine the probable future impact on hiring, managing and effectiveness of the workforce. Then the study will shift to strategies to mold this generation for the future. Within the study it is revealed that Generation Z is impacted by the technological advances, environmental factors, fear of the future and expectations of previous generations both perceived and actual. What is uncovered in the study is employers must focus on retention to make their investment in hiring Generation Z workers’ pay off, and managers from older generations will need to customize their leadership style to increase the retention of Generation Z workers. In addition,to maximize the productivity of Gen Z workers, employers will have to provide training to help them overcome the weaknesses in their skill sets.