How to Manage a Multi-Generational Sales Team

If you answered “yes” to any of those questions, and you manage a multi-generational sales team, you’d better keep reading!

The retirement of the largest generation in American history – the Baby Boomers (born from 1946-1964) – has begun, and its effects are already being felt.  In the coming years, many companies will find that they’re losing their most experienced, knowledgeable and productive salespeople not to competitors, but to retirement.  By many estimates, the United States will be short 4.7 million workers by 2010. 

Falling into this gap left by the Baby Boomers will be Generation Xers (born from around 1965-1980) and Millennials (1980+).
 
What does this mean for us as sales managers?  Well, first, it requires us – many of whom are likely Boomers yourselves – to manage people whose expectations and requirements of the work environment are very different from our own.   Did you know that in their lifetimes, Boomers change jobs multiple times, but rarely change careers, while Gen Xers may already have changed careers three times?  Can you see how that might affect how we interact on the job?  We’ve got to find ways to insert ourselves productively into the mix, figuring out how to motivate and retain all of our best salespeople, whether they are 60 or 26.

We need to encourage teamwork and implement systems that enable our new salespeople to benefit from the deep knowledge that our retiring salespeople have acquired over their years in the profession.
And we need to do this starting immediately.  First, we must find systematic ways to capture knowledge that our experienced sales reps have in their heads:

We’ll need to spend more time and other resources on training
Most of us feel pressed for time already, so spending more time on training is a less-than-attractive prospect.  But in the coming years, not only will we be losing some of our best talent, but we’ll be hiring young people who need effective coaching and training in order to be productive. They’ll need not just initial orientation to the world of sales, but they’ll need constant on-the-job coaching.  Here are just a few of our recommendations:

We must bring all of our patience to bear as we manage intergenerational teams made up of individuals with incredibly diverse expectations and talents.
In many sales teams, there are senior employees who grew up children of the Great Depression, working side-by-side with twenty-somethings who don’t remember a life without computers… and don’t forget Gen Xers, who are usually fiercely independent. To call managing this motley crew a challenge seems like an understatement. 

So what can you do?  In addition to addressing training, mentorship, and knowledge transfer issues, we can learn about what makes typical members of each generation “tick.”  Understanding the unique mental state of each generation can help us as managers when we have to help our employees negotiate competition, stress, and teamwork on the job.

Recent analyses have shown that in general:

We must work hard to find salespeople today – or even hire potential salespeople into different roles – and do everything we can to keep them.
The employee shortage will hit some industries significantly harder than others.  For example, the healthcare requirements of the Boomer generation will ensure a job for virtually every skilled nurse, pharmaceutical salesperson, and physical therapist on the planet… but there’s already a shortage of nurses today.  Where will managers in the healthcare industry find new talent? 

No matter what generation you are part of, today’s workplace is challenging in large part because of the huge diversity in motivation, work ethic, financial expectations, and other factors.  Whether you are a Boomer managing a young team of Millennials or an Xer managing a seasoned salesforce of Boomers, being aware of generational differences can make the difference between your success and failure at sales management.