We Are Futures

The future of your business depends on how well you understand young people.

Missed opportunities: the wisest generation ever

9 November 2022 by Emily Metcalfe Leave a Comment

Mark Fawcett, MediaCat

We Are Futures’ Mark Fawcett thinks education and confirmation bias is stopping the young from becoming wise

“Any fool can know. The point is to understand.”

-Albert Einstein

Wisdom can be one of the few benefits of growing a bit older. From the earliest days of humanity, the belief in the wisdom of elders, of the importance of listening to the sage in your community, has been one of the bedrocks of many cultures. It was understood that knowledge gained over a lifetime of toil, relationships and living history was invaluable and should be passed on. When they died, that knowledge would die too.

Wisdom isn’t just knowledge

It is the combination of knowledge with judgement that makes for true wisdom. Wisdom = knowledge x judgement. And knowledge isn’t just facts — it’s also processes; knowing what impacts are likely from what actions; and far more.

Fast forward to today and factual knowledge can be accessed faster and more easily than ever before. You don’t need to learn in an analogue way, you can discover it online. But you do still need to judge that what you’re reading, seeing or hearing is fact not opinion. And you need to be able to identify counter knowledge — such as “the world is flat” or “Russia is fighting Nazism” — which is widely communicated and accessible.

Procedural knowledge can also be found more quickly than for previous generations, but it’s purely theoretical until you put it into practice. For example, I can find out how to grow a field of wheat, but I still don’t have the knowledge gathered over time for how to do it brilliantly, in different weather and ground conditions.

Judgement is different. It’s clear that some people have innately better judgement than others from an early age — on who to trust, what safe and unsafe etc. This can be down to both nature and nurture. It’s also clear that judgement should improve over time, as we learn from our success and failures.

But then it can become impaired as we grow older, due to entrenched or biased opinions, and/or a reduction in cognitive abilities. Moreover, judgement requires a good degree of self-awareness (including knowing you do not know everything) and the ability to see other people’s points of view in order to be able to assess your own.

So why, in an age of unprecedented access to knowledge, are we missing a wonderful opportunity to be the wisest generation ever?

There are many factors at play, but two stand out.

First, our education system: how young people are expected to learn, is still rooted in the obsession with acquiring knowledge. This approach was created over 200 years ago when knowledge, held in a few heads and books, needed to be passed on from those sources. Despite some fine tuning and the application of technologies more recently, we still have a subject based learning system, when we need a skills focused one. Instead of an approach devoted solely to gaining knowledge, we need a system rooted in the ability to make judgements. If that could happen, then we could have the smartest generation ever, as people would acquire more wisdom at an earlier age, and more experience of applying that wisdom as they age.

Second, knowledge and confirmation bias: we have an ability to access almost infinite levels of knowledge, but the knowledge we access is often within our own confirmation bias bubbles. If we believe something might be true, we seek out others who think the same. Then even more who believe they know some kind of truth — until we get to the point where we have what we believe are facts or knowledge. And we become less willing to develop the judgement we need to be wise. Less interested in discourse and argument, and before you know it we’re de-platforming those who disagree with our known knowledge, or even storming the Capitol.

It can all happen so quickly.

But if we were to challenge our own thinking more — and earlier — we’d be developing the most informed, connected and wise generation ever. Our wisdom will be judged by future generations — just as we can look back and judge those who knew the world to be flat, or who advertised Craven A cigarettes as ‘easy on the throat’.

Both ideas were marketed based on what was considered knowledge at that time. We cannot know how our decisions today will be judged tomorrow, but today’s marketers would be advised to be wise – to combine real knowledge with strong judgement — while ultimately heeding the words of Socrates: “The only true wisdom is in knowing you know nothing.”

Featured image: Craven A cigarettes (1939)

Missed opportunities: the wisest generation ever

Filed Under: Uncategorised Tagged With: #Gen Z

Connecting brilliantly with young people

26 October 2022 by Emily Metcalfe

Mark Fawcett

Generation Z are set to become the single largest group of consumers within this decade, and they will represent 30% of the workforce by 2025.

Add in that the youngest workers were the hardest hit by Covid lockdown, furlough, layoffs and lost education years whilst stated mental health conditions have risen by over 60%.

In seeming contrast, they have also become a very resilient generation who care passionately about improving lives, are ambitious in all the positive meanings of that word and are bursting with entrepreneurial spirit and side-hustles.

This mix of characteristics and attitudes are the reason why businesses and government are still struggling to understand and engage with Generation Z.

It’s the reason our event focussed on just that – how to ‘Connect Brilliantly with Young People’.

Skills are Critical

Young people have been told for the last decade that ‘skills’ are critical, yet they come through an education system that is subject-focussed, not skills-orientated. They are driven to learn and develop and every single engagement we have with a young person is an opportunity to help them develop a critical skill. Maximise these opportunities.

Integration drives greater Impact

Business engagement with young people happens across brand, marketing, community, and talent channels. Yet in most organisations these are separate functions with unconnected objectives, activities, and channels. This wastes opportunity and creates conflicting messages for young people. Stronger alignment is so important and brings significant advantages.

Storytelling Matters

Young people have grown up with access to a far greater range and volume of content than any generation before them. To stand out, businesses need to step up their storytelling to compete. And they need consistent messaging about who they are and what values they stand for. Be clear and loud.

Values & Happiness comes first

Young people, especially Emerging Adults aged 16-24, believe more than any other generation that being happy in their career is extremely important to their future success – they need to add value, to make a difference. ‘Being happy in my career’ was the number one, the single most important factor is a successful life – above wealth, adventure, home ownership and even relationships and fun.

Our ‘7 Guiding Principles’ for stronger engagement with young people are practical steps any businesses can take to better connect and understand Gen Z. Download your copy here.

Filed Under: Uncategorised Tagged With: #Gen Z

4 of 4. Work expectations: career happiness is the priority

13 July 2021 by Matilda Leave a Comment

More than any other generation, Gen Z’s  believe that career happiness is fundamental to future success. Indeed, when asked to define a successful life, ‘being happy in my career’ was the top answer out of 21 choices, ahead of ‘having really good friends’ and ‘owning my own home’.

They are desperate to grow and thrive, and greatly value skills and training opportunities.

The assumption that brands get respect by associating themselves with culturally cool things does not hold as true for Gen Z as it does for older groups.

BAE SYSTEMS recently teamed up with Fuel Change, a platform to help create a low carbon environment, to challenge young people in Scotland to help lower the carbon footprint of its shipyards in Glasgow. As part of Fuel Change Challenge 2, the business is asking teams of apprentices to develop innovative yet practical ways to upgrade its buildings to lower its carbon footprint and benefit communities.

While our own work for Sky’s graduate recruitment team, saw the business dial into direct insights from the people they were previously struggling to recruit.  Doing so enabled more relevant engagement and raised awareness of their diversity commitment – increasing graduate applications +60%.

Today’s emerging talent are more career-savvy than any generation before them.  With that comes deep exploration of questions such as ‘will I be happy working at this company?’.  Conveying how and why they will find career happiness with your organisation has never been more critical.

Filed Under: Uncategorised Tagged With: # Gen Z careers, #Engaging future talent, #Future talent, #Gen Z, #Gen Z engagement, #Gen Z work expectations

3 of 4: Emotional State: less confident and more anxious

6 July 2021 by Matilda Leave a Comment

Gen Z’s feel lonelier and significantly less happy compared with older generations. They lack confidence and are more dissatisfied with their lives, too. Perhaps this is unsurprising, given the pressures they are under. High growth in graduate numbers has  intensified competition for good jobs. And the fear of failure gnawing away at them is often exacerbated by what we might call ‘Insta anxiety’ – stressful feelings of inadequacy triggered by peers presenting unrealistic versions of  themselves and their lifestyles online.

They are also more concerned than older generations about a range of issues. From poverty to mental health, from the environment to social inequality – they care. But thinking about these big issues also adds to their worries.

The negative emotional state of Gen Z is not only challenging for them to live with, but also a strategic challenge for the companies that need them to be healthy, happy and motivated consumers, students and employees.

Recognising this, ITV2 launched a landmark partnership with mental health charity Campaign Against Living Miserably (CALM) earlier this year, with the aim of helping 1 million young people take action to build their mental health and feel better able to cope with life’s ups and downs. 

While our own #keepconnected programme with Sky, reached 3m+ young people, to give them a voice when they were most at risk of being forgotten.

Is there an idea or something in development that could enable you to support young people’s emotional state? 

Filed Under: Uncategorised Tagged With: # Gen Z Lonelier, #Anxious, #Confident, #Emotional State, #Gen Z

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