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THE GENERATION MIX IN ORGANISATIONS, CHALLENGE AND INSPIRATION FOR MANAGERS OF ORGANISATIONS +2023

Monica Cojocaru ()
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Monica Cojocaru: Valahia University of Targoviste, Romania

Contemporary Economy Journal, 2022, vol. 7, issue 4, 40-49

Abstract: The present times, subject to a complex of crises: health, economic and political, are subtly changing the optimal management approach. At the same time, the employer-employee relationship based on the principle of reciprocity, rewarding employee loyalty through career development opportunities, continuous training and job stability, is no longer relevant. Rapid economic and technological change, questionable political ethics at European level, structural changes in the EU, the consequences of the war in Ukraine, etc. are all sources of insecurity felt by the current generation. They are forced to adopt new career concepts that make it easier to adapt to jobs characterised by reduced stability and security. In this context, employees are forced to "reset their skills to suit the changing work environment in order to remain profitable", says Hall D.T. They value freedom, and the tendency to continuous learning and flexibility are their hallmarks. Given the current social, economic and political context, the paper explores what the values and characteristics of each generation active in the labour market are, and what the business environment needs to adapt to them.

Keywords: ethical; moral; change; responsibility; adaptability; sustainability (search for similar items in EconPapers)
JEL-codes: M14 Q56 (search for similar items in EconPapers)
Date: 2022
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