Archive for the 'Generations' Category

Boomers Turning 60 - coming into their branding prime

Boomers are variously defined as those people born from the mid 1940s to the mid 1960s around the world. Most researchers use the end of the Second World War as a reference point, which means that as of 2006, this group of people has started to turn 60. They are not old, though. Don’t be confused about that. This demographic tidal wave will have a greater effect on institutions and businesses than the aging of any previous generation. Because of the size and spending power of the boomers, mature values and trends will dominate marketplace realities.

The Chief Marketer recently put out a list of 5 ways in which the Boomers will continue to shape the marketing and branding landscape. Here is what they said (from author, Brent Green):

Continue reading ‘Boomers Turning 60 - coming into their branding prime’

Shinsedae - a new generation in Korea

A frequently asked question when we present “Mind the Gap” - a presentation about different generations - is whether these generations can be found all around the world. People battle to believe that the elegant simplicity of the generations model applies in different countries and across multiple cultures.

Of course, the generational model is not applicable to every single individual everywhere (which model is?), but it IS exceptionally robust. And more and more research around the world is showing this to be true. The latest piece of research I picked up comes from one of the students my colleague Keith had contact with at the Asia Pacific Leadership Programme he teaches at every year at the University of Hawaii (read more about this amazing program at Wikipedia).

The title is: Shinsedae: Conservative Attitudes of a ‘New Generation’ in South Korea and the Impact on the Korean Presidential Election, By Park Sun-Young - click here to read it in full.

Continue reading ‘Shinsedae - a new generation in Korea’

Digital Generation is Losing Its Heritage

I was sent this recently:

The generation of young people who were born into the digital era may be more connected to each other, but less connected to their cultural heritage, warns sociologist Jos de Haan of Erasmus University Rotterdam. They are “chatting” more but reading less; playing more, but researching and learning less than preceding generations.

Though adept at finding their way around the virtual world, digital-era youth are not finding their way to institutions that connect them with the cultural riches of their past, according to de Haan.

The Internet is perceived as a rival to traditional culture, but it could become an ally: De Haan challenges museums, libraries, archives, and other institutions to do more to connect with the digital generation than merely digitize their collections.

SOURCE: Erasmus University Rotterdam, http://www.eur.nl/english/pressroom/detail/article/2177/

Where were you when … ?

I was at a youth camp in a cozy little mountain campsite. The morning was cold, I remember, and as I sloped into the kitchen where the team were preparing breakfast, I was told that Princess Diana was dead. There was sense of disbelief. Except for that mind numbing piece of information, that youth camp may have slipped from memory forever. But the mist hovering mid tree height across the dull brown grass lawns, even the sound of the small stream that ran past the bottom of the camp - all these things are indelibly imprinted on my mind. Because that’s where I was when Diana died. It was 10 years ago exactly today!

There are moments like this that occur every few years. Because of global media coverage, the last 50 years have increasingly provided globally shared moments. These would include (in reverse order):

  • 9/11 and the fall of the Twin Towers
  • The release of Nelson Mandela
  • The Fall of the Berlin Wall
  • The assassination of Martin Luther King, Jr
  • The death of John F Kennedy
  • VE day

Generational theory says that moments like this become iconic for all people, but they are values shaping for the youngest members of society. It is these global events that have shaped people around the world over the past century. For more on generational theory, see “Mind the Gap“.

CO2 Neutral products are becoming “fashionable” but are new product launches enough to target the “ethical consumer”?

ibuyeco, a new eco-friendly car insurance scheme that offsets 100% of customers’ CO2 emissions for the duration of their policy, was launched in the UK at the end of April 2007. The company has just started a strong above the line advertising, including television and other national media.

Created by the Budget Group, one of the UK’s leading insurance intermediaries, ibuyeco is one of the first car insurance products to offset 100% of a car’s carbon emissions. Customers pay an additional amount to their premiums. Payments are calculated on the type of vehicle and the estimated mileage, details provided by customers. Using this method, the typical family car travelling a mileage of between 10,000 and 12,000 would require an offset fee of roughly £20, for example. ibuyeco buy carbon credits through The Carbon Neutral Company who in return puts the money towards projects that reduce carbon emissions. These projects fall into different categories including: increased energy efficiency, forestry projects and renewable energy, and are based in both the UK and overseas.

The launch of ibuyeco is the result of a social trend that TomorrowToday has been researching for sometime and which we are calling the “rise of the ethical consumer”.

In November 2006 Barclays announced the first carbon neutral debit card and we’re expecting a large number of companies to follow ibuyeco and Barclays. The important issue though is, are these companies jumping onto the global warming marketing bandwagon or does carbon reduction form part of the company’s values and long term strategy? Another question is why did Budget need to launch a new company and why doesn’t it position the Budget brand as an ethical brand? Hiding behind a new brand for marketing reasons will not pay dividends unless the company itself changes.

When it comes to targeting the “ethical consumer”, made largely out of Generation Y, companies had best practice what they preach. If they don’t, this generation who is highly connected via the web will spread the word and ruthlessly weed out the pretenders.

Companies need to do more than launch new products and advertising campaigns professing to support initiatives that reduce global warming. Companies need to be taking steps towards reducing their own carbon emissions and communicating their efforts, in carbon friendly ways! Carbon reductions need to be part of the company’s day-to-day strategies and way of work. It has to become integrated into the company’s culture and demonstrated in a number of ways, from the way they employ recruits to how they run their meetings and sell their products. There is no point a company asking consumers to buy its product so that they, the consumer can contribute to carbon emissions, when the company itself is contributing to carbon emissions by making clients fill out massive application forms and accept loads of marketing mailings.

Our advice to companies thinking about targeting customers using carbon reduction schemes, is to first integrate carbon reductions into the fabric of their company’s culture before they launch new products. The new ethical consumer will buy from your company because of who you are (your company’s values) and not because of what you sell.

The best companies to work for…if you are a parent

ParentNot many people think about maternity benefits when applying for a job, and yet organisations differ hugely in what they provide for parents. Some offer the bare legal minimum, others offer a year’s maternity leave on full pay. In an era of increased awareness of the importance of work-life integration, The Guardian argues, following a study of 250 organisations, that it is the smart organisations that take maternity benefits seriously who will attract and retain talented staff.

The survey discovered that companies often treat family life as being entirely separate from the workplace rather than being, as they are in the lives of most employees, tightly bound together. Very few corporations showcase strong parental benefits among their recruitment incentives or as evidence of high corporate ethics. And yet any working parent knows how damaging it is to productivity, creativity and mental health to work for organisations that blank out or are hostile to the beating family heart of its staff.

The Guardian argues that good support to parents is a social contribution as important as a companies charitable donations, recycling or carbon footprint reduction efforts.

Continue reading ‘The best companies to work for…if you are a parent’

Retiring the Generation Gap: How Employees Young & Old Can Find Common Ground, by Jennifer Deal

Book coverA few years ago, some of the TomorrowToday team attended a workshop by Jennifer Deal. She certainly challenged our thinking. Her contention was that all the focus on generation gaps in the workplace was obscuring the fact that there are many similarities between people of all ages. She is right, of course - and it is a good “corrective voice” for business to hear. As much as there are certain distinctive characteristics of different generations, each person in your company is nevertheless still that: a person, a human being. As such, they have certain drives, ambitions, requirements and characteristics that should not be neglected.

Jennifer Deal has now turned that research into a book. We were sent a review and summary of the book, and thought you’d be interested in reading about the 10 principles for engaging staff, young and old. This is a great book that will help you not become stuck when thinking about different generations, and not overcompensate for generational differences.

You can purchase the book at Amazon.com or Kalahari.net.

Continue reading ‘Retiring the Generation Gap: How Employees Young & Old Can Find Common Ground, by Jennifer Deal’

Some wisdom from Warren Buffett

I received this in an e-mail today….

There was a one hour interview on CNBC with Warren Buffett, the second richest man who has donated $31 billion to charity Here are some very
interesting aspects of his life:

  1. He bought his first share at age 11 and he now regrets that he started too late!
  2. He bought a small farm at age 14 with savings from delivering newspapers.
  3. He still lives in the same small 3-bedroom house in mid-town Omaha, that he bought after he got married 50 years ago. He says that he has everything he needs in that house. His house does not have a wall or a fence.
  4. He drives his own car everywhere and does not have a driver or security people around him.
  5. He never travels by private jet, although he owns the world’s largest private jet company.
  6. His company, Berkshire Hathaway, owns 63 companies. He writes only one letter each year to the CEOs of these companies, giving them goals  for the year. He never holds meetings or calls them on a regular basis.  He has given his CEO’s only two rules. Rule number 1: do not lose any of your share holder’s money. Rule number 2: Do not forget rule number 1.
  7. He does not socialize with the high society crowd. His past time after he gets home is to make himself some pop corn and watch Television.
  8. Bill Gates, the world’s richest man met him for the first time only 5 years ago. Bill Gates did not think he had anything in common with Warren Buffet. So he had scheduled his meeting only for half hour. But when Gates met him, the meeting lasted for ten hours and Bill Gates became a devotee of Warren Buffett.
  9. Warren Buffett does not carry a cell phone, nor has a computer on his desk.

 
His advice to young people: “Stay away from credit cards and invest in yourself and Remember:

  A.  Money doesn’t create man but it is the man who created money.
  B.  Live your life as simple as you are.
  C.  Don’t do what others say, just listen to them, but do what you feel is good.
  D.  Don’t go on brand name; just wear those things in which u feel  comfortable.
  E.  Don’t waste your money on unnecessary things; just spend on them  who are really in need rather.
  F.  After all it’s your life then why give chance to others to rule our  life.”

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Tesco trains their staff in generational talk

Tesco logoOlder supermarket workers, at Britain’s Tesco, are being given a guide to youth slang to help them understand younger colleagues and customers, in the form of a pamphlet handed out to staff. The pamphlet is being tried out in some of Tesco’s 1 500 stores with a high proportion of employees over retirement age.

Key phrases in the guide include:

  • Bad: Good (but this can also mean bad. When in doubt, just nod).
  • How’s it hanging?: How are you today?
  • Laters: Cheerio, goodbye.
  • Minging: Ugly, unattractive.
  • Phat: Wicked (in the good sense), cool.
  • Slammin’: Pleasing to the eye.
  • Talk to the hand: I’m not listening.
  • Wack: Weak, boring.

A Tesco spokesperson said: “It aims to help bridge the generation gap and offer a guide for older members of staff looking to chat with younger colleagues and customers.”

Continue reading ‘Tesco trains their staff in generational talk’

Generation Y makes Fortune cover story

In one of the most recent Fortune magazine editions, the Millennial generation made the front cover under a great headline: “Manage Us, Puh-leeze”. The subtitle of the article was: “Boomers, you raised them, now manage them!” It is a long article, but really worth while wading through. Get it free at their website, or read an extract below.

Attracting the twentysomething worker
The baby-boomers’ kids are marching into the workplace, and look out: This crop of twentysomethings really is different. Fortune’s Nadira Hira presents a field guide to Generation Y.
FORTUNE Magazine
By Nadira A. Hira, Fortune writer-reporter
May 15 2007

(Fortune Magazine) — Nearly every businessperson over 30 has done it: sat in his office after a staff meeting and - reflecting upon the 25-year-old colleague with two tattoos, a piercing, no watch and a shameless propensity for chatting up the boss - wondered, What is with that guy?!

We all know the type: He’s a sartorial Ryan Seacrest, a developmental Ferris Bueller, a professional Carlton Banks. (Not up on twentysomethings’ media icons? That’s the “American Idol” host, the truant Matthew Broderick movie hero, and the overeager Will Smith sidekick in “Fresh Prince of Bel-Air.”)

At once a hipster and a climber, he is all nonchalance and expectation. He is new, he is annoying, and he and his female counterparts are invading corporate offices across America.

Generation Y: Its members are different in many respects, from their upbringing to their politics. But it might be their effect on the workplace that makes them truly noteworthy - more so than other generations of twentysomethings that writers have been collectively profiling since time immemorial.

They’re ambitious, they’re demanding and they question everything, so if there isn’t a good reason for that long commute or late night, don’t expect them to do it. When it comes to loyalty, the companies they work for are last on their list - behind their families, their friends, their communities, their co-workers and, of course, themselves.

But there are a whole lot of them. And as the baby-boomers begin to retire, triggering a ballyhooed worker shortage, businesses are realizing that they may have no choice but to accommodate these curious Gen Y creatures. Especially because if they don’t, the creatures will simply go home to their parents, who in all likelihood will welcome them back.

Some 64 million skilled workers will be able to retire by the end of this decade, according to the Conference Board, and companies will need to go the extra mile to replace them, even if it means putting up with some outsized expectations. There is a precedent for this: In April 1969, Fortune wrote, “Because the demand for their services so greatly exceeds the supply, young graduates are in a strong position to dictate terms to their prospective employers. Young employees are demanding that they be given productive tasks to do from the first day of work, and that the people they work for notice and react to their performance.”

Continue reading ‘Generation Y makes Fortune cover story’

Buppies - coming to terms with young black staff

Buppies - Black yuppies. Black young upwardly mobile professionals. Research shows that this is one of the fastest growing demographic groups in South Africa, but many companies and leaders have no idea how to manage them. Aloysias Maimane, a new member of the TomorrowToday team and a top South African presenter and facilitator, provides some insights into this important group.

Continue reading ‘Buppies - coming to terms with young black staff’

Cheeky companies with happy customers and even happier bottomlines!

CrowdEvery business has customers who are convinced they can design a new product that is better than the product they are being sold. So the question is why not let them? Crowdsourcing is a new and innovative research methodology that allows customers to help design the products they want online. It’s a methodology that is saving companies thousands of pounds on research bills and is proving highly effective because customers are getting the chance to mould and shape the products they are going to be buying. And because products are not being designed by remote head office R&D teams the chances of product flops are greatly reduced.

MIT’s Sloan Management Review recently published a paper, written by Susumu Ogawa, a professor of marketing at Kobe University in Tokyo, and Frank Piller, a professor at TUM Business School in Munich, on the concept of crowdsourcing. This is how these two professors put it “Forecasting the demand for new products is becoming increasingly difficult in many markets. But collective customer commitment (crowdsourcing), a new method to decrease the flop rate of new products, offers a solution by integrating customers deeply in the innovation process and asking for their commitment to purchase before development is finalized and manufacturing starts.â€?

Incredible, can you imagine the benefit in cost savings of getting your customers to design the products they want and then getting them to pre-order the product before it’s manufactured? 

This really is harnessing the power of the “connection economy!�

Continue reading ‘Cheeky companies with happy customers and even happier bottomlines!’

They drive me crazy!

Boomers (in their 40s and 50s) and Xers (in their 20s and 30s) have very different communication styles and needs. In the workplace, they can drive each other crazy. Barrie Bramley provides some excellent insights into why this communication gap exists, and gives some great practical solutions for Boomers and Xers.

Continue reading ‘They drive me crazy!’

Whining, Moaning, and Achieving: Dealing with frustrated talent in the workplace

In sessions that we conduct on Talent management with both those who lead talent and those who are considered talent everything goes brilliantly until the end of the day when we ask: “So, what are you going to do now?” At this point there is generally a throwing up of hands into the air and a frustrated whining sessions begins. What it basically boils down is the passing of the talent ‘hot potato’ from one person or group to the next. Executives say HR has strategies in place, HR says it is the role of line management, line management says that they are disempowered by top-down processes or too busy with operational delivery to do anything differently…

As we facilitate these sessions we come in first hand contact with the frustrations that sit in this space. This article briefly deals with the conversations and frustrations most commonly raised. It will then propose options and actions that should be considered by the various stakeholders in this dynamic, from executives and other leaders right down to the talent themselves.

Continue reading ‘Whining, Moaning, and Achieving: Dealing with frustrated talent in the workplace’

Millennial Kids: Too Confident

In our presentation on the different generations, “Mind the Gap“, when we talk about the Millennial Generation (born 1990s and 2000s, or slightly earlier in some countries - USA defines them as born 1984 to 2000), we often say, “they’re confident; so confident, they’re almost arrogant”.  When I was a youth worker in the 1980s and early 1990s, the big issue was helping young people develop self belief and self esteem.  I think we overdid it.  Now, a new study of US college students proves this point.

The Associated Press reports:

Today’s college students are more narcissistic and self-centered than their predecessors, according to a comprehensive new study by five psychologists who worry that the trend could be harmful to personal relationships and American society.

“We need to stop endlessly repeating ‘You’re special’ and having children repeat that back,” said the study’s lead author, Professor Jean Twenge of San Diego State University. “Kids are self-centered enough already.”

[The research] examined the responses of 16,475 college students nationwide who completed an evaluation called the Narcissistic Personality Inventory between 1982 and 2006. The standardized inventory, known as the NPI, asks for responses to such statements as “If I ruled the world, it would be a better place,” “I think I am a special person” and “I can live my life any way I want to.”

The researchers describe their study as the largest ever of its type and say students’ NPI scores have risen steadily since the current test was introduced in 1982. By 2006, they said, two-thirds of the students had above-average scores, 30 percent more than in 1982.

Twenge is the author of “Generation Me: Why Today’s Young Americans Are More Confident, Assertive, Entitled — and More Miserable Than Ever Before” (buy it at Amazon.com).

Continue reading ‘Millennial Kids: Too Confident’

Airline Pilots retirement age increase

Old pilotAccording to CBS News, and other sources, the FAA (US airline authority) is following the International Civil Aviation Organisation and raising the retirement age of pilots from 60 to 65 (as long as the co-pilot is younger than 60 years old).

The International body increased their age limit last year, and the FAA is set to follow suit this year.

Up to now, they have managed the Age 60 retirement by offering large retirement packages to their top pilots. This has worked well for the industry, since younger pilots were able to move up the ladder quickly into the empty slots.

But, like most industries, the Boomers have hit 60, and (1) don’t want to give up working, and (2) can’t afford to do so, and (3) find that there is not enough pension money going around, nor are the retirement packages as good as they used to be, and (4) they can’t leave because there are not enough qualified youngsters to take their place.

This is a problem across most industries, especially the professions. And, its only going to get worse in the years ahead.

Links in a chain: How it all fits together

I was asked again the other day what the “theme” of this blog is. It can sometimes seem like a collection of rambling musings on the world. Well…

Besides being just that, it is really the place that the network at TomorrowToday.biz put all their musings on the world. This is part of what we do at TomorrowToday - we track societal trends, trying to spot patterns and identify futures and scenarios.

Every now and again, we get glimpses of how major forces combine to shape societies and destinies globally. One such thought hit me today, and it brings together things we say around retiring Boomers, globalisation, governments, investment opportunities, emerging markets, and much more. Its a simple, yet profound thought.
Continue reading ‘Links in a chain: How it all fits together’

Crime - Where Facts, Politics And Emotions Clash

JP LandmanSouth Africa, a young democracy, is experiencing what almost every young democracy has experienced: an increase in crime, and other issues that threaten hard won freedoms. It often takes a tipping point, and an escalation to almost unbearable limits, in these situations, until society is shaken from its sleepiness and starts to fight back. I sense that this is where South Africa now finds itself. There is a feeling that crime, especially violent robbery, has increased dramatically in just the past few months, and I sense a heaviness in people’s hearts. But, is this the reality?

One of my favourite political analysts, JP Landman, has written on the topic. He is retained by BOE, a really future thinking bank, as an analyst and commentator. His thoughts on crime are really worth reading - not just for South Africans, but for everyone. He has some interesting comments on generations, and how countries with lots of young men also have high crime rates… But let me not steal his thunder. Read on.
Continue reading ‘Crime - Where Facts, Politics And Emotions Clash’

Cancelling an event

I’ve been promoting something to my friends which I’ve been looking forward to for some time now - Graeme’s “Mind the Gap” presentation on Feb 8th at Kyalami. I’ve seen the presentation (about how the different generations behave and think) a few times, but what I’m really looking forward to this time around is the live actors playing each generation. This has huge potential for laughs and insights - which is why I’ve asked my parents to come along too - and almost have enough people to book out a table.

But late this afternoon I received a frantic sms from Graeme - “urgent website change: see email” - and to my disappointment I see that the event has been postponed until “some time in the next few months.” I’ve posted the cancellation notice online and now will have to contact all of the people I convinced to come and say, “Sorry guys…” It’s a little embarrassing, not only for me but also for TomorrowToday.biz. I suppose not as embarrassing as trying to pull together something which is essentially “live theatre” and failing to do so in front of a crowd (I’ve heard the venue holds 500 people). I don’t know who made the decision to can it, but I’m sure it wasn’t easy. Here’s the announcement: Continue reading ‘Cancelling an event’

WH Smith closes pension fund

Today, it was announced that WH Smith, the UK retailer, would close its company pension fund and restrict it only to existing members. This would mean that over the next few years, the pension fund would decline and eventually die out as current employees use it up.

This is an example of exactly what we have been predicting for a number of years, as Gen Xers hit the workplace in force. Companies will cite increasing costs, but the effect will be that Gen Xer workers will be excluded. At one level, this is not a problem as most Gen Xers would prefer to look after their own retirement planning anyway. But it will breed further divides between young and old in the workforce, and reinforce the lack of loyalty (if you don’t look after me, why should I look after you?) attitude of today’s young talent.

Wanted: Baby Boomers in the workplace

The aging Baby Boomer generation is key to the employment outlook in many countries over the next few years, as 60-somethings either retire or choose to work shorter hours.  This is especially true in many Western European nations (Germany and Italy in particular), Japan and the USA.

These workers (now in their 50s and 60s) are likely to work part-time rather than full-time, and may be more project-driven.  They will also probably cost slightly more (on a per hour basis) than they do now as full-time employees - but, of course, you only have to pay them for the hours you use them.

Companies will need to adapt their attraction and retention policies to pre-empt this coming trend, so that when retiring (or re-tyring) Boomers start to look around for employment opportunities, your company is top of mind and an “employer of choice”.

Read an interesting piece on this here and a Reuters report from staffing executives and recruitment research.

Newsweek’s Boomer Files

I have just stumbled on possibly the most comprehensive Boomer website I have yet seen. Its hosted by Newsweek, and seems to contain a complete archive of all the stuff they’ve ever done on Boomers (and they’ve done a lot!!). You can find the “Boomer Files” here.

The site has indepth reporting, fun quizzes and lots more.

Investigate how Boomers have impacted everything from music to spirituality, from business to politics. The only downside is that it is very American-centric.

Cuspers

I received a wonderful email recently, after a “Mind the Gap” presentation at IBM. Its about “cuspers” - those people who were born at the transition between two different generations. Anyway, read extracts from his email, and then my reply, for more information on these valuable cuspers:

Sent: 11 October 2006 06:37 PM
To: graeme@tomorrotwoday.biz
Subject: Presentation to IBM : “Cusper generation”

Hello Graeme,

Thank you for a wonderful presentation you gave yesterday at the IBM event.

I was born in 1968, you mentioned that you were born in 1970 - maybe u will understand.

The term Baby Boomer and the term Generation X does not quite fit me, you mentioned at the end that some people are “transitioning” between the 2 generations = Cusper’s.
That does sound like me, wanting to find more info - looking on your site and doing a quick search on Goggle - made me even more “deur mekaar” (confused).

Douglas Coupland from a popular novel “Generation X: Tales for an Accelerated Culture” seem to have screwed the dates up leaving 1964 to mid 1970’s in some black hole - people with no commonality ?
Back to your comment on being a Cusper - I do feel like I am the “front” runner for generation X people - doing the hard work to push the envelope on things like dress code, can work from home and still be very productive (mgt by results not presence), etc. But at the same time not belonging to the Baby Boomer group.

Leaving me in the so called Baby Buster generation: http://en.wikipedia.org/wiki/Baby_Busters

Thus it has left me with a mind set - jammed in the middle…. maybe over time my generation will be have more material out there that will help….

In response, there is an extract from our book below:

Continue reading ‘Cuspers’

The Aging Population: The Impact on the U.S. Real Estate Market

This was the title of a recent Deloitte’s conference. A report from MarketWatch can be found here. The focus was on trying to understand the impact of the Boomer generation on the real estate markets over the next few years.

“Don’t call them aging, don’t call them seniors and certainly don’t offer them early-bird specials,” said Neale Redington, national director of hospitality practice at Deloitte & Touche LLP. They don’t like it, he said. For good reason.

After all, this is a generation that expects to work past the traditional retirement age, said Paul D. Prescott, the national director for Deloitte Tax LLP’s home-building sector. It’s also a generation with active, healthy lifestyles that are in turn helping them live longer.

Continue reading ‘The Aging Population: The Impact on the U.S. Real Estate Market’

Boomer world leadership trend continues

For many years now we have been pointing out that Boomers have swept to political power, ceasing it from the GI generation (born 1900s to 1920s), without allowing the Silent generation (born 1930s and 40s) an opportunity to be in charge. The first obvious signs of this came with the first Clinton administration, followed soon thereafter by Tony Blair. The trend spread around the world, with Boomers taking control in countries from Brazil to Germany, and Italy to Australia.

One of the anomalies was Junichiro Koizumi of Japan, who was in his 60s, but certainly looked and acted like a flamboyant Boomer. Now, however (just 2 hours ago as I write), Japan has confirmed Shinzo Abe as its new premier. He is the youngest Japanese PM in 60 years - he is only 52 years old. He is most certainly a Boomer, and it will be interesting to watch as his leadership unfolds over the next few years. Of one thing we can be sure - change will be a priority. It always is with Boomers. We can also expect Japan to get more press now, and be more involved in global affairs - Boomers like the biggest stages to play on.

OK, so maybe I’m being a bit flippant about both Japanese politics and generational theory. But mark this blog entry, and check back in a few years’ time, please. Viva, Boomers, Viva.