Irvine, CA (November 6, 2019) - Mavenlink, the leading provider of cloud-based software for the modern services organization, today announced the first data set of its inaugural Future of Work report survey results that illustrate the impact of generational differences in the modern workplace. The results indicate that age groups mostly agree on what makes a strong workplace culture, including the fact that all age groups feel strongly that work/life balance is the most important element.
"The economy is increasingly service-based, a paradigm that requires agility and speed to meet client demands," said Ray Grainger, CEO and co-founder, Mavenlink. "Without a positive and productive workplace culture, however, it's difficult for services firms to deliver exceptional client experiences. Our research highlights how important it is to build a culture all age groups can embrace. The survey findings also show how closely aligned different generations are, results that might run contrary to popular belief."
Generations Largely Agree on What Makes A Work Culture that Engenders Success
All age groups indicate that a work/life balance (62% of all respondents) was the most important element of a successful work culture. Team-building activities (34% of all respondents), continuous learning (30% of all respondents), and a collaborative environment (27% of all respondents) were other popular responses. While all age groups agree upon much of what makes a strong work culture, there are a few notable differences.
Companies Need a Multifaceted Approach to Building Culture
While all age groups generally agree on the elements of a work culture that breeds success, there are some nuances in their responses. Organizational leadership should take care to address these differences with a multifaceted approach. Luckily for organizational leadership, respondents highlighted their preferences for how to create a more inclusive, productive work culture.
The research reveals that different age groups have nuanced preferences about how they'd like their work environment to feel. The survey also uncovers key elements for a productive workplace culture that ring true across all demographics: work/life balance, team-building, and continuous learning.
This online survey was conducted by Atomik Research, which surveyed 1,002 individuals employed full-time who work in a business/corporate environment in the United States during September 2019.
The full report will be released in early 2020.
Mavenlink is the modern software platform for professional and marketing services organizations. It is the only solution that helps services firms establish an operational system of record that facilitates their business lifecycle, including key capabilities like resource management, project management, collaboration, project accounting, and Business Intelligence. Services organizations in more than 100 countries are improving operational execution, increasing agility, and driving improved financial performance with Mavenlink. Mavenlink was named one of the fastest growing companies in North America by Deloitte, is the first solution to be listed as a Leader in both G2 Crowd's Best Professional Services Automation and Best Project Management Software grids, and has been recognized as a Glassdoor Best Place to Work. Learn more at www.mavenlink.com.