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Explore the Institute for Emerging Issues' presentation on investing in Generation Z, focusing on education, workforce, and future prospects. Understand why it's crucial to cater to the needs of this digitally savvy and globally aware generation for a brighter tomorrow.
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Revolutionizing Education: Investing in Generation Z Kendall E. Hageman Education Policy Manager Institute for Emerging Issues
Presentation Outline • Welcome • Institute for Emerging Issues • Today’s North Carolina • Who is Generation Z? • Why Focus on Generation Z? • Generation Z & the Workforce • What can we do?
Institute for Emerging Issues • NC Governor Hunt Initiative • Established in 2002 • Housed at NC State University • Dedicated to seeding innovations through civic engagement, cooperative leadership and informed problem-solving in the areas of: • Education, Health, the Natural & Built Environments, and the Economy
Today’s North Carolina • Post-Secondary Education Gap • In 2008, 38.5% associates degree or higher • By 2018 it’s projected 59% will require • Racial / Ethnic Performance Gaps • State Grad rate 77.9% • Latino Grad rate 68.8% • 29% gap in college enrollment between whites and Latinos
2012 Emerging Issues Forum – Investing in Generation Z • February 2012 • 1000 attendees + 200 Gen Z ambassadors • Three approaches: • Economic & Workforce Future • Connectivity • Wellbeing
Who is Gen Z? • Later half of the Millennial Generation • Born between 1990 and 2002 • 1.5 million Gen Zers in N.C. • Youthful core of our workforce & communities • They will be 18-30 in 2020 • Ethnically Diverse • Digitally/Technology Savvy • Globally Aware
Why Focus on Generation Z? • Core of our state’s emerging labor force in just 8-10 years • Their economic and workforce future look vastly different • Impacted by Great Recession • Too few students prepared with skills necessary • Expected to have a lower standard of living and life expectancy than parents
Why Focus on Generation Z? • These youth have grown up in an age when the following has always existed: • Internet • GPS Satellite Nav. Systems • Their friendships are qualifiable by Facebook
Why Focus on Generation Z? • Customization / Choice is a “Must-Have”: • Charter schools have always existed • 100+ cable / satellite channels • Customize music (the “playlist”) • Constant Connectivity: • Texting, Instant messaging, Facebook, Twitter, Skype
Why Focus on Generation Z? • Skeptical Idealists • Resourceful • Guided by Self-Discovery • Process Information at “Lightning” Speeds
Gen Z’s Workforce Traits • Generational Differences: • Generation Z’s use of social media • Generation Z’s blurring of work/life balance • Generation Z’s communication style Based on IEI’s Business Focus Group August 2011
Gen Z’s Workforce Traits • Non-Negotiable Aspects of Work Ethic • Transparency (constant feedback) • Self-Reliance (self-discovery) • Flexibility • Personal Freedom (customization) Based on IEI’s Business Focus Group August 2011
What Can We Do? • Innovate • Make our work more applicable & meaningful to Generation Z • Customize • Focus on communication styles • Peer learning (critical thinking and problem solving)
Institute for Emerging Issues www.emergingissues.org Kendall E. Hageman Kendall_hageman@ncsu.edu