One of the most profound changes in business and society is the emergence of the post-Millennial generation, Gen Z. While every new generation has faced its share of disruption in technology, economics, politics and society, no other generation in the history of mankind has had the ability to connect every human being on the planet to each other and in the process to provide the opportunity for each person to be fully educated, and socially and economically engaged.
What might this mean for business, markets, and educational institutions in the future? In this revolutionary new book, The Gen Z The Six Forces Shaping the Future of Business , authors Tom Koulopoulos and Dan Keldsen delve into a vision of the future where disruptive invention and reinvention is the acknowledged norm, touching almost every aspect of how we work, live and play. From radical new approaches to marketing and manufacturing to the potential obliteration of intellectual property and the shift to mass innovation, to the decimation of our oldest learning institutions through open source and adaptive learning, The Gen Z Effect provides a mind-bending view of why we will need to embrace Gen Z as the last, best hope for taking on the world’s biggest challenges and opportunities, and how you can prepare yourself and your business for the greatest era of disruption, prosperity, and progress the world has ever experienced.
Koulopoulos dives into the Gen Z psyche and explains the effect this generation will have on the future of business, society, and technology. He argues that Gen Z is the last hope for solving the world’s biggest challenges and gives actionable advice for how businesses can prepare for the upcoming era of prosperity and progress.
So, if you’re keen to learn how businesses can embrace the mindset of Gen Z, check out The Gen Z Effect.
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Gen Zers want to be part of a movement, and they expect brands to support that.
When it comes to tapping into the Gen Z psyche, understanding their lives, priorities, daily challenges, cultural touchstones, and digital habits is crucial.
To help with this, the authors have outlined a list of generational markers – or youth culture attributes – that define Gen Z. They are independent, diverse, socially engaged, pragmatic, collaborative, intent on privacy and skilled at filtering out irrelevant information. Perhaps the most defining marker, though, is social consciousness.
On a daily basis, Gen Zers read news stories about politics, society, and the environment, then engage in conversations about them across social media platforms. They don’t just want to be seen and heard, though; they want to belong to a movement.
These desires are embodied in Gen Z icon Malala Yousafzai, who campaigned against Taliban militants banning girls’ education in her home district, Pakistan’s Swat Valley. In retaliation, she was shot by a Taliban gunman on her school bus. When Malala recovered and then continued her global advocacy for girls’ rights, she became an inspirational global icon. In 2013, she released her autobiography, I Am Malala, and became the first member of Generation Z to win the Nobel Peace Prize.
Like Malala, Gen Z as a whole is committed to making the world a better place, and they want to align with organizations that share this commitment. As a result, they’re more aware than previous generations about what particular brands stand for and how they conduct business. Not only do they check whether products have good reviews online, but they also look at a brand’s history, unearthing any sketchy dealings with questionable business partners.
If your brand is testing on animals or failing to publicly support LGBTQ+ rights, chances are Gen Zers will find out; they’re also likely to spread this information across Twitter, Instagram and Facebook.
However, Generation Z is happy to direct its purchasing power toward ethically-minded businesses that take a stand on social issues. That’s why brands need to align themselves with issues that matter to Gen Z, like diversity. Gen Zers have an openness toward differences in race, sexual orientation, and gender identity, and they expect brands to reflect these values.
After all, diversity is Gen Z’s lived reality. The current US Census revealed a 50 percent surge in biracial youths since 2000, up to nearly 4.5 million. Gen Z has also grown up in an era where same-sex marriage is the norm and LGBTQ+ characters and stories are commonplace in mass media. For brands wishing to win the hearts of Gen Z consumers, representing diversity in advertising and content isn’t just an option; it’s a requirement.
The key takeaway for marketers here is to understand that building credibility with this generation is not something that can be achieved overnight. It’s something that has to be earned.
Really can't recommend this. First, it is way too long and hugely repetitive - it should be 1/3 of its size. Second, its hugely outdated, dedicating a chapter to changing attitudes on remote work in a post-Covid era.
While that last point isn't the fault of the book, though, the writing is. It reads like an advanced degree thesis in social sciences, not a mass-consumption book, and was still poorly organized and hard to follow, maybe due to its extremely bloated length to get it to "book sized". For example, I read through 3 PAGES of text on examples of reverse mentoring, including statistics and numbers from companies that employ this, before I found even a cursory definition or description of what was meant by that term. Just a bit bizarre.
Little did the authors know that 2019 will happen and will speed up the process to high reliance on internet. An updated version would be interesting, the concepts presented are pretty accurate - the connectivity aspect of social behavior to expecting internet access to be a right. I wonder how telecoms feel about that, if this push forward - internet would eventually be free.
I love how they presented gen z as a mindset rather than people born on a certain year. A life with the internet as a companion to decision making, research and to care more about human beings.
The book is outdated. An updated post-Covid continuation of it would be interesting. I think getting into the Gen-Z psyche is not that hard as the authors had correctly predicted some of the things that later came to life.
However, the book is bloated at an unnecessary length. The stuff like reverse mentoring and slingshotting are only fancy names for things we already know. Also, the book doesn’t go into the analysis of what happens after the fact despite assuming what would happen on 2100. Why would I maintain that the Gen-Z effect doesn't die out way before that?
This provided a lot of helpful information about Generation Z, but I found it hard to really get into the book. I did listen to the audiobook instead of reading a hard copy, so maybe that was part of the problem. However, there is some key information to learn here about Gen Z, so it is a helpful book to read.
This book was not an easy read and felt very dated. Occasionally, there were some very insightful points that kept me from putting it away all together.
If you have not read anything on Gen Z, then this book wouldn’t be a bad first book on the subject. But, if you have already read a book on this topic, then don’t bother with this one.
A very interesting and accessible book providing its readers with a lot of food for thought, both that's-bullshit and oh-I've-never-thought-about-that kinds.
I'd always taken generational labels with a grain of salt. Gen boundaries start to melt when you identify with traits attributed to other gens. I have two daughters who are, by age, on the complete opposite spectrum of Gen-Y. As daughter # 1 went through high school in the late 90's and graduated from college in the early 00's, I began to identify quite a bit with this gen. By the time daughter # 2 graduated from high school in 10, the only reason I would refer to generations at all was due to age. The meaning behind the labels was gone.
It seems to me that authors Tom and Dan go out into the world and harvest the traits or forces that are making people effective. While these forces are emanating from technologically savvy young people, others feel right in step. As Virginia Postrel says in the Substance of Style, "I like that, I'm like that." For me, I am exactly like that. The refreshing thing about this book is it will help me to articulate this point so I can find others like me.
I'll not bore you with all the points that I agree with and that I delight in, with one exception: The Feedback Deprivation Chamber. No matter how good an author is at expression, there always seems to be one or two points in a book where a point they make sears through to your core. The FDC is an archaic and barbaric business process that's about as useful as an eight track tape player. While I really didn't need their identification and description of the futility of FDC's, it helped to crystallize how right on Tom and Dan are with all aspects of this book.
If you feel like the world of business is passing you by and can't quite figure out where to start getting back into it, I suggest reading The Gen Z Effect. If you are an older cat who identifies with what younger folks are doing, read this book. You will no longer feel alone.
This is one of the most unputdownable books I have read in a long time. Finished this in one sitting in one flight! Tom and Dan write about some profound changes to technology, society and all of our lives, right under our very own noses, while we are not paying attention! Many other reviews here have covered what they are writing about in very great detail. To me, the two outstanding take-aways were a. how change has been accelerating over the centuries and b. how Gen Z is not about people born in a fixed decade in time, but a way of living and interacting with each other using technology! Computers are becoming miniaturized and present in all kinds of devices., already embedded in everything we use without thinking, like an automobile having upwards of 100+ sensors on an average already! They predict that by 2025, we would have more Internet of Things devices in the world than all the grains of sand in the globe! Distances have grown shorter, communication cycles have reduced by orders of magnitude and the way we interact with each other, the products and brands we use have all changed rapidly. Companies, governments, and organizations may need to pay close attention to all these changes if they want to be successful with their missions with people of the Gen Z generation, no matter which year they were born in! Finishing the book made you feel that you understood the world and what is happening to it, a lot better than when you were on page 1. Well, done and I would highly recommend this book!.
This book focuses on technology and uses many examples from that field to illustrate their points. I found it hard to relate to and comprehend when I am not in that field. One portion of the book I really like is when the authors talk about Adopting the World as my Classroom. They talked about the emergence of MOOCs, which focuses more about joint learning rather than hierarchy of power.
I also liked Brite Camp example, which is an hour long presentation that is self-run and self-led by the employees and happens on a weekly or every other week basis. The Camp needs to be inclusive. If you have smart people who have interesting things to say, giving them a platform is all you really need to need. This example is very relevant to me as I work in the education field and will like to pitch this idea in my work.
One of the early driving forces behind the work of many people in the field of knowledge management, including those who continue struggling to provide, enable, and support efforts at building communities and collaborative environments in organizations, was the recognition of a need to pass on generational knowledge before it was lost to retirement. Tom and Dan's description of the six forces shaping Gen Z, IMO, give us both an indication of how this need is changing and why it is likely to all but disappear soon. By showing the interconnection of various aspects of technology, they weave these developments together into a comprehensive picture of a brighter, more engaging and connected future, where one's age is no longer a major inhibitor to communication.
The world is moving faster and faster, technology is rapidly evolving and an ever-larger section of the population needs to catch up with the latest developments. So how can we deal with this brave new world? And how will our businesses thrive on the effects of future developments?
The Gen Z Effect is what happens when technology is used to unite rather than divide generations, and so Generation Z isn’t a demographic construct, but a set of generation-crossing behaviors shaped by the newest technology. You will learn about the mind-set, behaviors and forces that are Gen Z, and discover how they can affect the future of business.
In this summary you’ll learn:
that 15 generations could be living alongside one another by 2080;that offices might soon be a thing of the past; andwhy young tech-savvies can be a company’s most valuable asset.