  {"id":4603,"date":"2015-11-10T17:22:18","date_gmt":"2015-11-10T22:22:18","guid":{"rendered":"https:\/\/www.saintpeters.edu\/news\/?p=4603"},"modified":"2015-11-10T17:22:18","modified_gmt":"2015-11-10T22:22:18","slug":"industry-experts-explore-how-to-motivate-the-modern-workforce","status":"publish","type":"post","link":"https:\/\/www.saintpeters.edu\/news\/2015\/11\/10\/industry-experts-explore-how-to-motivate-the-modern-workforce\/","title":{"rendered":"Industry Experts Explore How to Motivate the Modern Workforce"},"content":{"rendered":"<p>\u201cYou have to treat people as individuals. Engagement is a one-on-one exercise; you have to get to know each person and find out what motivates him or her.\u201d This was just one of many valuable pieces of wisdom imparted from motivational expert Chester Elton, who served as the keynote speaker at the 44<sup>th<\/sup> Annual Regents Business Symposium.<\/p>\n<p>The Symposium is one of New Jersey\u2019s longest-running forums designed to inspire and educate professionals of all industries regarding business trends, challenges and best practices. The theme of this year\u2019s Symposium, <em>Beyond the Gold Watch: Motivating the Modern Workforce<\/em>, garnered the attendance of more than 200 industry leaders, faculty and students who received an exclusive opportunity to learn ways to invigorate, engage and inspire their employees and colleagues \u2014 in particular millennials, who make up a significant portion of today\u2019s workforce.<\/p>\n<p>In addition to hearing from Elton, author of <em>The New York Times<\/em> bestsellers <em>The Carrot Principle<\/em> and <em>All In<\/em>, the audience also received insight from a panel of experts, including: Jennifer Schramm, manager of workplace trends and forecasting at Society for Human Resource Management (SHRM); Dan Schawbel, millennial expert and managing partner of Millennial Branding; Elizabeth Walker, vice president of global talent management for Campbell Soup Company; and moderator Rebecca Jarvis, chief business and economics correspondent and host and managing editor of <em>Real Biz with Rebecca Jarvis<\/em> at ABC News.<\/p>\n<p>The panelists touched upon various timely topics such as tools to attract and retain quality employees, how to address the challenge of engaging an increasingly diverse workforce and discussing what they found to matter most to employees when working for a company or organization \u2014 which all panelists agreed included career development, a sense of meaning and value and room for growth and advancement.<\/p>\n<p>\u201cIntangible factors have become much more important,\u201d explained Schramm. \u201cIf organizations create a culture of respect, I think it would go a long way across all generations, but particularly to millennials.\u201d<\/p>\n<p>The panelists also touched upon the impact of technology in the workplace, tactics to get millennials prepared to take on bigger roles within a company, their thoughts on Generation Z, strategies to foster innovative thinking and ideas of how universities can better prepare millennials for their careers. Schawbel pointed out that two important things are often not taught in higher education: how to get a job and how to manage money.<\/p>\n<p>\u201cCompanies need to get more involved in schools to start training students for the workplace,\u201d he explained. \u201cPeople have to develop earlier in life to compete later in life.\u201d<\/p>\n<p>Following the panel discussion, Elton provided a dynamic presentation designed to help the audience not only understand the importance of motivating employees, but tips and advice on how to create an engaged work culture to foster productivity and overall satisfaction.<\/p>\n<p>\u201cIf you don\u2019t get the culture right, the rest doesn\u2019t matter,\u201d said Elton. \u201cGreat cultures attract great people \u2014 and they keep them.\u201d<\/p>\n<p>Through video clips, relatable examples and personal stories, Elton discussed the importance of making employees feel valued, the power of belief and the three main drives involved in engaging people at work: development, trust and pride.<\/p>\n<p>Some ways to create great cultures at work, Elton explained, are to keep a 5 to 1 ratio of positive to negative comments, immediately and often recognize employee accomplishments and provide specific examples of praise.<\/p>\n<p>\u201cIf you can get people engaged, that is valuable and it gets you noticed. Hopefully, you are one of those people,\u201d he added. \u201cSo are you going to take what you learned here back to your companies \u2014 are you all in?\u201d<\/p>\n<p>Each year, a portion of the proceeds from the annual Symposium benefit The Patricia Q. Sheehan H \u201977 Scholarship. To view photos, click <a href=\"https:\/\/www.facebook.com\/media\/set\/?set=a.1080800035298121.1073741870.179138928797574&amp;type=3\">here<\/a>.<\/p>\n<p>Âé¶¹ÊÓÆµ\u2019s University gratefully acknowledges the support of the event sponsors:<\/p>\n<p><strong>PRINCIPAL SPONSOR<\/strong><\/p>\n<p>Capital One Bank<\/p>\n<p><strong>ASSOCIATE SPONSORS<\/strong><\/p>\n<p>Genova Burns, Fidelity Investments, Bank of America Merrill Lynch \u2014 The Spanarkel Browne Granizo Group<\/p>\n<p><strong>PROGRAM SPONSORS<\/strong><\/p>\n<p>Bayonne Community Bank, CarePoint Health Foundation, Collins Building Services, Connell Foley LLP, Kenneth Moore \u201991, Liberty Savings Federal Credit Union, Madison Consulting Group, Orechio Foundation, PSE&amp;G, Sherwin-Williams, SILVERMAN, Sodexo, Staples<\/p>\n<p><strong>STUDENT SPONSORS<\/strong><\/p>\n<p>ARAMARK, Brinker Capital, Cambridge Capital Corp., Francis A. McGrail \u201979, Kathleen A. Tyrrell, Esq. \u201973 and James E. Tyrrell, Jr. Esq., Johnson &amp; Johnson, Jordan &amp; Jordan, ndVOR Solutions LLC, NJM Insurance Group, Peacock Printing and Graphics, The Provident Bank<\/p>\n<p><strong>REGENT SPONSORS<\/strong><\/p>\n<p>Patrick F. Annello, M.D. &#8217;99, William R. Armbruster &#8217;71, Noreen D. Beaman, CPA &#8217;86, Catherine M. Carnevale &#8217;83, Doreen Catanio, CPA &#8217;85, Andres Cifuentes &#8217;04, Christopher J. DePizzo, Esq. &#8217;09, James Donofrio, Warren C. Fristensky &#8217;74, Carmel Galasso &#8217;79, Bernard M. Hartnett, Jr., Esq. &#8217;51, James T. Leman &#8217;68, Kenneth J. Mathews &#8217;60, Michael R. Milano &#8217;74, &#8217;91, Philip A. Mongelluzzo, Jr., M.D. &#8217;94, James G. Rizzo &#8217;81, Rabia Sattaur &#8217;06, Maryellen Scott Moran &#8217;88,\u00a0Paul Schaetzle &#8217;75, Joan K. Schultz, CPA &#8217;71, Patricia Q. Sheehan H &#8217;77, Toni Ann Turco &#8217;86, Thomas L. Wickiewicz, M.D. &#8217;72<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>\u201cYou have to treat people as individuals. Engagement is a one-on-one exercise; you have to get to know each person and find out what motivates him or her.\u201d This was just one of many valuable pieces of wisdom imparted from motivational expert Chester Elton, who served as the keynote speaker at the 44th Annual Regents [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":18,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,3,5,2],"tags":[],"class_list":["post-4603","post","type-post","status-publish","format-standard","hentry","category-alumni","category-current-students","category-faculty-staff","category-future-students"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Industry Experts Explore How to Motivate the Modern Workforce - 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