Showing posts with label Gen Y values. Show all posts
Showing posts with label Gen Y values. Show all posts

7.21.2009

Growing Up with Harry Potter

One of the basic tenets of generational marketing is that each generation is uniquely defined by the culture and events of their growing up years. My generation grew up in the golden age of dramatic TV series and sitcoms. We knew the prime time line ups and talked about them at school. We can still recite the Gilligan's Island song at the drop of a hat. Farrah Fawcett's passing was mourned by many women who aspired to be Jill on Charlie's Angels.

For those coming of age in the 70's and 80's, Star Wars movies defined their childhood and teen entertainment. And for Millennials, Harry Potter perfectly spanned, and in many ways defines, their growing up years.

As this mega-media dynasty grinds to its conclusion next summer, it will mark the end of an era. A child born in 1987 was 11 when 11-year old Harry received his owl-post admission letter to Hogwarts, and will be 22 when the 17-year old Harry finally vanquishes Voldemort. Little wonder Millennials consider Harry Potter to be their own, despite its cross generational appeal. My daughter can't remember a time when she wasn't waiting for the next book or movie. She even dressed up for the midnight showing this week, much as she has for each event of the past 10 years.

There's more to this than coincident timing. Harry was as much shaped by Millennials and their times as they were shaped by him. Just as J.K. Rowling set out to create an archetype of timeless values, set in a totally novel world, so too Millennials espouse what used to be universal values as their own: Multi-culturalism, heroicism, teamwork, learning, contributing to the greater good.

The simultaneous increase in Internet penetration made it easy for Harry Potter to transfer its fantasy world to the web and become one of the first truly multi-media franchises. No sooner did the book become a movie, than it also spawned video games, trivia games, Internet memes, mugglecasts, Harry Potter Puppet pals videos, music acts (Wrock) and more. As the first to 'discover' Harry Potter, Millennials feel a special affinity to the 'boy who lived'. It provides a shared bond and culture. Just start chanting Snape, snape, severus snape - DUMBLEORE! in a college dorm and you may be surprised to see what happens. That puppet pals episode has over 65 million views on YouTube. Finally, Harry Potter is a global phenomenon; it was an experience shared by Millennials all over the world, and may even have contributed their remarkably similar values.

I'm not sure what the parallel would be for my generation, but I am quite sure that Gen Z will not have the same relationship with HP as my 15 and 18-year old Millennial kids. The question is, what will take its place?

7.20.2009

Millennials: A New Generation of Family Values

On Saturday, I attended a wedding for the daughter of our friends. We knew the bride 10 years ago when she was graduating high school, but haven’t seen much of her in the mean time. So when the best man's toast made it clear that he expected the couple to have a family, I was startled. That simply wouldn’t have happened 20 or 30 years ago. Yet, upon reflection, the presumption seemed completely logical. Millennials are in fact showing every sign of being one of the most family-oriented generations to date.

I first wrote on this topic last July when I speculated that babies were becoming cool (What the Cool Kids Want, A Baby). The post evoked this response:

"For first-wave Millennials like myself, we were coming of age just as all the characters on FRIENDS were starting to settle down and even have babies. I think girls my age thought "Why am I going to waste a decade trying to find myself, when in the end what I'm looking for is a family?"

There's more than anecdotal evidence that a baby boomlet may be on the way. Birthrates per women reached the magical 2.1 population replacement rate in 2006 for the first time since 1971. More babies were born in 2007 than even during the height of the baby boom. Studies of values shows Millennials put having a family as a goal. According to longitudinal survey of high school students conducted by the College Board, 77% of students nationwide say “raising a family” is an “essential” or “very important” life objective. In 1977, by comparison, just 59 percent of students gave the same level of importance to raising a family.

What will Millennials be like as parents, and what does that mean for marketers? I have a few predictions:

Gen Y will be attentive parents, albeit for different reasons than the parental-attention-starved Gen X’ers who’s extreme parenting styles seem to be about making up for what they missed as kids. In contrast, Gen Y, enjoyed some of the most child-centric parenting ever known. There is every reason to think they will continue to dote on their own offspring, most likely with help from grandparents. Boomers are unlikely to back out of their kids lives now just as things get really fun. We may even see multiple generations under the same roof again, by choice and in some cases, by necessity.

Millennials will put their kids ahead of their careers.Young, well-educated young mothers and fathers, will find a way to balance their career expectations against their parental responsibilities. Millennials who have already shown willingness to decouple identity from work. (Think of the character Ryan in The Office relative to Michael for examples.). A young cousin of mine and her husband each have part time jobs in LA to ensure that someone is always home with their r 2-year old son. I would also expect young parents to leverage their expectation of job mobility to enjoy alternating periods of working and staying home, or working from home. The direct implication is that there will be more sharing of responsibilities, including shopping, cleaning and child care, putting men squarely in the target for many CPG products.

Millennials’ interest in healthful, locally produced and organic foods will accelerate. According to Mintel, interest in shopping at Farmers’ markets, in food co-ops and community gardens all jump with the presence of children. For example, 6% of households without children buy local goods at a farmer’s market and 3% at a food co-op. That jumps to 9% and 7% respectively with the presence of children.

Millennials will emphasize family experiences over material things. An emphasis on travel, learning and experiences is characteristic of their generation and a pattern they are likely to carry over into their parenting. Again, this may be a function of necessity as well as values. Whatever the reason, look for houses to be smaller and greener, toys to be fewer and family activities to be more common. When my mom was a kid, she and her family used to go to ‘family camp’, and I have recently heard several young couples say they have been doing similar things.

Millennials will evolve their use of social media to focus on their lives as parents. The need for the support of friends and community, for documenting one’s life through pictures and video and for sharing milestones accelerates with parenthood. No doubt we will see many more applications and parent-specific social media sites spring up to fill the need. Already Promo magazine and Fast Company have noted that Millennials are more likely to turn online to make her life run efficiently. According to Promo Magazine, "Gen Y moms were also more interested than their older counterparts in tools that let them create and maintain their own content." Here's what Fast Company has to say:

Age 27 or younger, Millennial Mom is the newest mom on the block, and she's the first generation to use technology to seamlessly blend work and life. Not long out of college or high school, she's facing many firsts: marriage, babies, insurance, jobs, maybe even owning a house. Hyper-connected and beyond tech savvy, Millennial Mom's world is both physical and virtual, bringing social connection and life-skills management as close as a computer or cell phone. She's busted out of previous generations' isolation challenges during those early, tethered-to-the-house years. You'll find her plugged into Myspace.com or TheNest.com, sharing worries, excitement, and ideas with her online family. Products like mythum mobile coupons and Infinity Broadcasting Visual Radio -- delivered right to her cellphone -- resonate with her values of connectivity and access, seamlessly going where she goes.

5.21.2009

What Millennials Want at Work (It's Not What You Think)

"They keep telling me, "here's what you get in five years, ten years, twenty years...I feel like -- what's that expression -- they are trying to sell me a bridge."-- Gen Y'er

"Not Everyone Gets a Trophy: How to Manage Gen Y" by Bruce Tulgan

What do Millennials want from a job? Not the bosses' job as it turns out. While it's true they are ambitious, their ambition is less about climbing the corporate ladder than making sure they are on the right ladder to learn and grow.

While Boomers and X'ers seek titles (and the responsibility and salary that go with them), Millennials are more likely to respond to increased challenge, unique experiences and recognition. Above all, they seek balance in their lives. 78% of high school students say that 'having close family relationship' is more important than money and fame in defining success.

Boomers and X'ers are prepared to compete and sacrifice to reach their goals. Most Millennials are not. This is often misinterpretted as 'laziness', but in reality reflects a different set of motivations, no less intense than that of Boomers.

From a young age, Millennials were taught group cooperation over individual competition. A colleague related a story to me earlier this week about her 15-year old son's race to be elected freshman class president. He prepared a speech, posters, a platform. But to her Boomer eyes, the degree of cooperation among the candidates was incomprehensible. Her son actually helped rewrite a competitors' speech, without considering that he was giving away a potential advantage. ("But Mom, it was lame!") When Millennials are asked to tackle something new at work, they are less likely to think of it an opportunity to shine individually as they are to wonder who they can involve to insure a better outcome and make it more fun.

Much as been made about the oh-so-Millennial ending of "The Devil Wears Prada". In the book as well as the movie, the protagonist, Andy, works hard to meet the unrelenting demands of her irrational boss. She triumphs, lands the promotion, then declines what appeared to be her goal and her dream job. This ending makes no sense to Boomers, but Gen Y find this ending quite satisfactory. The goal was to not to win, but to have a job you love enough to want to invest your life in. Andy realized early in the movie that the fashion world was not a good fit for her idea of a meaningful life. The only suspense for Gen Y was how she would quit, not whether.

Need data to support that? The percent of young adults answering 'yes' to the question, 'Would you like a job with more responsibility?' declined from 80% in 1992 to just 60% in 2002. That doesn't mean they wouldn't like a challenge, they just don't think their boss' job is 'worth it'.(Families and Work Institute)

What they do want is to make an impact while doing interesting meaningful work, in a job that allows them to lead a balanced life and doesn't box them in to a traditional career path. A survey across thirty-three countries showed that the top priorities were interesting work (29%), meaningful work (18%), and worklife balance (18%). ("Plugged In", Tamara Erickson, p.66)

Deloitte, one of the largest recruiters of top entry level talent, invested heavily in understanding what Gen Y wants from a job. At the Qualitative Research Consultants Association meeting in Chicago early this month, Tracey Scott of Deloitte Canada, shared the results of research conducted to provide strategic direction for their recruiting efforts. The resulting campaign, titled 'Truth', was based on the insight that Millennials have a different 'checklist' to evaluate their first job than those who recruit them. What Millennials want to hear is that 'everyone is willing to help you succeed'. They want to know that they will not be alone and they will have an impact. The Deloitte home page asks, "Will the business change you? Or will you change the business?". The next page challenges job seekers to "Find Yourself Among Our People" by profiling young professionals and telling their story.

While every generation brings a unique perspective, I suspect Millennials will shape the workplace more than the workplace will shape them.

Their attitudes are deeply rooted in the times and ways they were raised and unlikely to change.

Their sheer numbers will make them difficult to ignore for long.

Their propensity to look for greener pastures if they determine their needs aren't being met will cause companies to rethink what they have to offer.

They won't settle for higher salary and they aren't interested in waiting around or 'paying their dues'.

Consequently, the basic work 'contract' is likely to be fundamentally altered to accommodate the question 'what's in this for me?'. Bruce Tulgan, in his book, "Not Everyone Gets a Trophy" provides a the perfect quote:

"They keep telling me, "Here's what you get in five years, ten years, twenty years..." but they expect me to come back to work tomorrow. What do I get tomorrow?

5.16.2009

Who's Next for a Millennial Brand Makeover?

Gen Y is different, and not just because they are young. A 5.15.09 Christian Science Monitor article ("Do You Get The Millennial Generation?") drives this point home home: Don't "assume that the members of particular demographic groups, in this instance young people in their mid-teens through their mid-20s, behave the same and hold the same attitudes at all times." The authors of the article, Winograd and Hais, have extra credibility on this point: they were also co-authors of the prescient book, Millennial Makeover, that predicted the political shift that carried Obama and the Democrats into power last year. Their forecast was based on careful attention to changes in generational values.

Now marketers are finally catching on.

ABC Family understood the latest transformation as an opportunity, and re-directed its programming ago to better align with Millennial values. As a result, ABC Family is now attracting some of the largest Gen Y audiences on TV (see earlier post, "ABC Family, A Deft Millennial Makeover".

In contrast, MTV, the channel that literally invented youth programming 25 years ago, recognized the latest generational shift too late and now is playing catch up. According to CST, "MTV has acknowledged that its programming had become out of step with the progressive, service-oriented values of today's youth, the Millennial Generation. It was very clear we were at one of those transformational moments, when this new generation of Millennials [born between 1982 and 2003] were demanding a new MTV," a channel executive explained."

I expect this trend to accelerate, and restaurants, wine and food brands are the latest to catch on. Last week, even Kraft Foods is moving to reposition Miracle Whip to the Foodie Generation with the theme, "We are Miracle Whip. And we will not tone it down." (We will not be quiet. We will not blend in. And when we are in a salad or a sandwich or a panini or crostini, you'll know it. We are Miracle Whip." ) As might be expected from a campaign targeted to Gen Y, Adweek reports that this effort goes beyond TV advertising to incorporate social media. A Firefox plug in called 'Zingr' users to leave short, 160 character comments on various Web pages across the Internet. It's a nice play on Miracle Whip's brand promise, with the app being promoted as "the newest way to add your own flavor to the Web." Leaving a "zingr" on Kraft's site, for example, triggers this message to a user's Twitter network: "I just left a Zing! On brands.kraftfoods.com (Check it out.)

If Kraft can make Miracle Whipp relevant, who's next for a Millennial Brand Makeover? Here are some suggestions:

1. Hardware and Home Centers: As the earliest Millennials reach their thirties, home care can expected to become more of a focus for Gen Y. Hardware and home centers need to start capitalizing on Millennials' interest in eco-friendly products, green living, repair/reuse/recycle, organic gardening and more.

Financial Services: Charles Schwab is talking to Gen X, but we have seen few efforts to engage Gen Y. Gen Y will be looking for investments that align with their values of social entrepreneurism, environmental and political activism.

Travel Services: Millennials have a passion for seeing the world. As their spending power increases, they will be looking for unique travel experiences that align with their values, of 'giving back', mixing their desire to see the world with opportunities to contribute to the places they visit.

Post-Graduate Training & Education: Millennials will take lifelong learning seriously. Many Millennials see advanced degrees and training as an alternative to 'paying their dues' at work. Educational institutions would be wise to maintain relationships with alumni and stay tuned to their ambitions and desire for self-improvement even beyond college.

4.06.2009

Gen Y Core Value: Fight for What You Believe In

Over and over in our research we hear Millennials talk about wanting to make a difference. This article by Chip Walker provides perspective on this insight and helps explain what their idealism means for their careers and brand choices. I am especially intrigued by his description of Gen Y's activism as 'self-activism' - the idea that their very life is a 'cause'. This is a key difference between Gen Y and Gen X. The article originally appeared on Mediapost's Engage Gen Y blog. I have never reprinted an article in totality before, but this one was just to insightful to excerpt. It carries a strong message to brands or others who want to motivate this generation: Be sure you have a purpose 'worth fighting for'.

The Rise Of Cultural Movements

by Chip Walker, Strawberry Frog

In 2007, I fielded a global quantitative study of Gen-Yers in 13 countries and was surprised to find the No. 1 attitude unifying the generation was: "I would fight for a cause I believe in." A large majority of global Gen-Yers agreed with it from among dozens of other attitudes. My colleagues and I were all puzzled by this finding and weren't quite sure what to do with it. As I've created campaigns for Gen-Yers during the past couple of years, the meaning of this finding has become crystal clear.

Simply put, Gen-Yers have an activist bent. But their activism is different from the idealism and rebellion of their Boomer parents in the 1960s and '70s. For today's Gen-Yers, activism is not about rebelling against institutions -- there's simply not that much left to rebel against. Belief in institutions like government and big business crumbled long ago. Rather, in a world of almost infinite lifestyle choices, Gen-Y activism is about young people knowing their own inner priorities and making a vow to live by them -- even in the face of adversity.

A big part of Gen-Y activism is what I call "self-activism." They treat themselves and their dreams almost like causes. It's less based on idealism and more a matter of necessity: If they don't activate the revolutionary inside, they simply won't get anywhere in today's hyper-challenging marketplace. According to the Wall Street Journal, half of all new college graduates now believe that self-employment is more secure than a full-time job. According to a Gallup pool, over two-thirds of high school students say they intend to start their own companies.

Clearly, an independent spirit pervades this generation, and it's fueled by a strong sense of their personal values and beliefs. Among GenYers' most important personal values are authenticity, altruism and community. Yet, it is this generation's consumer activism that makes them a unique challenge for marketers. Gen Y-ers don't just want to buy brands, they want buy in to what a brand believes in. They flock to brands like Red and Livestrong that spark movements.

Some are social movements -- the sweatshop-free and socially responsible clothing movements are making clothing brands like Timberland, American Apparel and Patagonia must-have items for GenY. Others are cultural movements -- rather than selling processing speed, Apple invites GenYers to join a creativity movement. Obama became the choice of Gen-Y voters because he asked them to join a movement for change, not simply to vote for him.

Would your brand fight for a cause it believes in? Would your employees? Most Gen-Yers would. Today more than ever, GenYers are seeking to summon their own passion, courage and determination. Thus, if you want to connect with them, it's time to stop doing traditional marketing and start believing in something bigger than making money.

It's not easy for a brand to spark a cultural movement. But it's worth doing because it allows us to go beyond having a point of difference and actually have a difference-making purpose in the world. I, for one, believe Gen-Y's unique activist spirit will be its lasting generational hallmark, one that will change the future practice of marketing for the better.

2.19.2009

Millennials Asked to Consider Marriage

In first century Rome, a lex julia de maritandis ordinibus aimed to addressed the low birthrate in the upper classes. The legislation set penalities for bachelors and childless couples, mainly limiting their right to inheritance under wills. After divorce or widowhood, women were expected to remarry within a fixed time. A father of one child was allowed to stand for public office one year earlier than the stipulated age. Siring children exempted a man from certain legal duties. Whether or not these measures were effective or not is unknown, but the combination of carrot and stick may have done the trick. The Roman empire didn't die out for lack of citizens, at least not for many centuries.

In an eerie, two-Millennia historical echo, USA Today reported yesterday that the U.S. Federal government is funding a 4-year, $5 million dollar, multi-media and social networking campaign aimed at encouraging marriage among Millennials. While this effort doesn't include penalties for remaining single, it does attempt to point out the benefits of marriage to a generation that lacks good marital role models and is delaying marriage.

"The average age at first marriage is now almost 26 for women and 28 for men. And a growing percentage of Americans aren't marrying at all. Provisional federal statistics released Tuesday report 7.1 marriages per 1,000 people in 2008, down from 10 per 1,000 in 1986...."We're not telling people 'Get married' but 'Don't underestimate the benefits of marriage,' " says Paul Amato, a Pennsylvania State University sociologist and adviser to the National Healthy Marriage Resource Center, which is spearheading the campaign. The resource center, a federally funded virtual clearinghouse, works under an agreement with the U.S. Department of Health and Human Services' Administration for Children and Families."

The drop in marriage rates may be a reflection of Millennial attitudes. Research by the youth research company, TRU, was commissioned prior to developing the campaign. They found just 22% of those 18-30 have a strong view of marriage. At the other end of the spectrum 14% express strong sentiments against it. Those in the middle have mostly a 'practical' view of marriage and plan to either wait a while or live with someone before committing.

The campaign will feature a web site (TwoOfUs.org) as well as ads on social networking sites Facebook and MySpace, videos on YouTube, spots on radio talk shows, ads in magazines and public transportation. The goal is to start a national conversation about marriage.

Will it work? Without the carrot and stick of the Roman ordinance, I am not so sure the independent minded-Millennials will listen or care. A quick look at the TwoOfUs.org web site didn't reveal anything you couldn't find about relationships that isn't easily available in any women's magazine. The tone is definitely not hip or cool, a serious handicap to starting a social media conversation. It also is strictly heterosexual, which may be a turnoff to many Millennials who take a broader view of 'marriage'.

However, the Federal effort may get an assist from the First Couple. Andrew Romano wrote a Valentine's Day cover article for Newsweek explaining that his Millennial friends think the Obama's are 'one of the swooniest couples around', akin to what the Twilight couple is to tweens. (Our Model Marriage The Obamas have the kind of relationship millennials aspire to.) According to Romano, Michelle and Barack are the dream couple to Millennials starved for appropriate marital role models.

"My hunch is that millennials are going gaga over Barack and Michelle because they want to be Barack and Michelle. It's not that other generations can't admire the Obamas' bond; their marriage -- a union of self-sufficient equals -- embodies the post-'60s ideal. But unlike their elders, most millennials have yet to experience marriage firsthand, and what they've experienced by proxy hasn't been particularly encouraging: a 50 percent divorce rate, a steep rise in single parenthood, a culture captivated by cheap celebrity hookups. Even America's most visible household hasn't offered much hope, veering from '50s-era subservience (the Reagans) to boomer dysfunction (the Clintons). But now the Obamas – two independent individuals who also appear to be (surprise!) in love – have filled the void. For young people who have rejected the tired "wife in the kitchen" template but resolved not to follow their parents to divorce court, it's a relief to see that the sort of marriage they hope to have – equal and devoted – can actually exist."

2.10.2009

Millennials: The New Gender Equality?

Women's basketball's biggest star, 22-year old Candace Parker, made a surprise announcement last month: she and her basketball star husband, Shelden Williams, are expecting. Parker was the 2008 league MVP and Rookie of the Year for the Los Angeles Sparks. Why would she have a baby now of all times? Her reply: I want my children to have the benefit of young parents.

This may be a sign of another gender revolution quietly underway. The revolution is a function of Millennial values, and may be amplified by the economic crisis.

Let's start with values. Millennials do not see themselves tied to anyone else's timetable. Many younger women are opting to have children now, before their careers are established. It may be a reaction to watching their own mothers struggle to balance an established career with motherhood. Or perhaps it's just a sign of the confidence these young women feel in their own abilities? Nevertheless, as I have noted before, birthrates are up and young mothers (20-24) are largely responsible for the surge.

A recent comment in response to my July 21 post, "What the Cool Kids Want: A Baby?", provides extra evidence that this emphasis on family may be relatively new, and influenced by cultural icons having babies and making it look attractive. Here's what 'Anonymous' has to say:

"I'm a first-wave millennial, a newlywed, 24 years old, so child-bearing has been on my mind the past year or so. This blog is really interesting because I've noticed a 'change in the wind' with women my age. Whereas growing up as a preteen and high schooler it seemed like having a kid was a curse, along with the whole 'domestic' lifestyle. Shows like FRIENDS, and Seinfeld showed that it was clearly stupid to waste your life being married and having babies. For first-wave Millennials like myself however, we were coming of age just as all the characters on FRIENDS were starting to settle down and even have babies. I think girls my age thought "Why am I going to waste a decade trying to find myself, when in the end what I'm looking for is a family?" Also- I think the number of unmarried women having babies (ages 25-29) are the 'inbetween' generation from Gen X to Millennial. It seems like they are less wary of taking on the single-mom life, and opt for abortions less and less. I think there is still a bit of a cynical attitude towards marriage in that age group however. I think people in their early 20s are starting to warm up to the idea of marriage (influenced partly by TV romances like Pam & Jim on NBC's The Office). I think people are starting to realize that maybe marriage can be a good thing- an idea Millennials didn't grow up with."

Why do I say the trend may be accelerated by the economic crisis? In the past, economic woes led to smaller families. However, this crisis may be different, due to its unequal impact on men and women. According to Lionel Tiger, a Rutgers anthropologist, fully 82% job losers are men ("From Liberation to Obligation" Wall Street Journal, Feb 7). Tiger's prediction is that the economic crisis will put a heavier burden on women. I disagree. It's possible more men will opt to stay home and watch children, freeing moms rather than encumbering them. If more young men do stay home, it may become more socially acceptable, 'liberating' women to work without the usual juggling. Of course, it could the opposite way, with men opting out of family life altogether (Tiger's thesis).

While a 'heavier burden on women' may be true of Gen X and older groups, I don't think it will be the case with Millennials who have already shown their willingness to decouple identity from work. If I'm right, Gen Y may finally bring the kind of gender equality feminists in the 60's only dreamed of.

Marketers have been slow to catch on to men as a target for CPG products traditionally marketed to women, but that may be changing. Advertising Age today exhorts marketers to embrace and possibly facilitate the change. ("Why Package Goods Companies Should Market to Men", Ad Age, Feb 9)

Marketing to men and portraying them as caretakers of and shoppers for the family can attract additional consumers to a brand while encouraging men to become greater participants in the maintenance of their families and homes. And the more men are accepted and accept themselves in that role, the more they'll be interested in brands that solve the needs or enhance the enjoyment of home and family care. And, of course, the more they'll shop for those products.

Basing strategies for tomorrow on current marketing data, sensible as it may seem, is shortsighted, even dangerous. ...Reaching out to a seemingly less lucrative, smaller target market such as men isn't quixotic but rather a strategy to attract more consumers, encourage greater innovation, and even affect the roles men and women shape for themselves, now and in the future. Instead of emulating those Detroit execs who ignored or resisted change, why don't we embrace, guide and, ultimately, benefit from it?

12.04.2008

Millennial Parents: What Hath We Wrought?

This is funny because there is some truth to it. I have spent many nights editing and encouraging my own teens, but have no memory of any similar support from my own parents. There is objective evidence to support my experience: according to research by Jean Twenge, author of Generation We, as reported in the 11.20.08 Telegraph, today's students do 20% less school homework than their parents said they did in 1975. The interesting part is that they think they work harder!
Prof Twenge and her team compared the 1975 and 2006 results from an annual US survey called Monitoring the Future which polls high school students about their views on life. They found that a third more 17 to 20-year-olds today believe they work harder than their parents did and will be better than them when it comes to being parents, spouses and work colleagues - earning them the nickname the Smug Generation.
The Millennials I know believe the world is more competitive for them than it was for their parents. They also believe that they will be more successful, despite the greater challenges. Perhaps they deserve the 'Smug Generation' label. Then again, perhaps the parents are more to blame than the students?