MGCR 222 Lecture Notes - Lecture 6: Baby Boomers, Profit Maximization, Millennials

• School: McGill University
• Department: Management Core
• Course: MGCR 222
• Professor: Jim Fraser

Document Summary

Daniel h. pink begins the chapter by stating how the baby boomers are coming to their closing stages in the workforce as many of them are about to turn sixty years old. Generally, these baby boomers go through three psychological stages about turning sixty. Firstly, they are surprised at this fact that they are somewhat old. Secondly, they are relieved as they realize they have a few more decades to live and experience life. Lastly, in the third stage everyone is thinking about how the next twenty-five years will unfold and if it will pass by as quickly as the first sixty. In addition, many wonder when they will make an impact to society and if whether their contribution will matter. This is where the notion of motive and having a purpose to do something is important and completes the operating system, motivation 3. 0.