Texas Oil & Gas Magazine Vol 3. Issue 4 | Page 24

OILFIELD BUSINESS: INNOVATION GROWING Your Employees for the Long Term BY: RON E. Zimmerman, Jr. The development and delivery of technology-leveraged training is fundamental to the growth and retention of a skilled workforce. The slow economic recovery, disappearing jobs, and a far-reaching demographic shift are affecting business sectors in United States that rely upon skilled workers. The central component of this situation is the shrinking skilled workforce. The shortage of capable workers is driving businesses— small and large—to focus training efforts on retaining their existing workforce. To do that, managers are evaluating their workplace environments and developing training and education strategies to meet the needs of their generationally diverse workforce. In all, a skilled workforce is essential to safe, productive, and sustainable construction and sustainment activities required in the oil production industry. Strategic Context Generations Birthdate Characteristics Percent of Labor Force (2016) 1925 - 1945 • Patriotic – loyalty • Waste not- want not • Top-Down Approach 7.6% Baby Boomers 1946 - 1960 • Idealistic • Competitive • Question Authority 27.2% Gen Xers 1961 - 1980 • Resourceful • Self-Reliant • Highly Adaptive to Technology 33.2% 1981 - 2000 • Globally concerned • Realistic • Cyber-Savvy 32.0% Traditionalists Millennial (Gen Y) Millennial (Gen Z) • Connected to Communications 2000 - After • Thrive on small bits of information • Instant Gratification Table 1. Trends in the U.S. Labor Force N/A Managers began reacting to generational disparities several years ago, as the Traditionalist generation started leaving the workforce and Millennials took their place alongside Generation Xers and Baby Boomers. This new mix poses challenges given the enormous generational differences in work ethics, attitudes, outlooks, and learning behaviors across these groups (as seen in Table 1). Millennials (both Y and Z) are one of the more socially conscious generations and view work as a personal event involving opportunities to make new friends, learn new skills, and connect to a larger purpose. They tend to leverage collaboration tools and are intolerant of environments stuck on fixed-site or brick and mortar work and learning environments. Managers must consider the training needs for each genera24