The Working Week 48: Penny de Valk on Generation Y
Why is there such a widespread perception that Generation Y is dissatisfied and unmotivated? That’s the starting point for this week’s Working Week, where Wayne is joined by Penny de Valk, the CEO of the Institute of Leadership and Management (ILM), the largest management organisation in Europe.
Born in New Zealand, de Valk moved to the UK ten years ago, prior to which she was Chief Executive of New Zealand’s Institute of Management in Auckland for four years.
Despite all the time and money organisation spend on recruiting them, half of graduates leave the firms that recruited them within two years. As Penny argues, this is partly because organisations are over-selling themselves and partly because they fail to provide the sort of learning opportunities, communication and feedback that Gen Y demands.
They also discuss how cultural differences impact management . Is it true, Wayne wonders, that UK managers are the worst in the world, as a raft of research has suggested. And if so, why?
