Recap and Recording | From Boomers to Gen Z: Building Cross-Generational Strength in Corporate Treasury

Key Takeaways:

1. Generational Differences as Opportunities

   • Pavlos emphasized that generational differences should be viewed as opportunities rather than obstacles. He stated, “The biggest takeaway from this discussion is that the generational differences in a workplace are not obstacles, they are opportunities.“

2. Importance of Communication

   • Haia pointed out the need for open dialogue between generations to bridge gaps. She remarked, “We want to very much appreciate some extra time from you, perhaps to discuss and find a mutual ground in the middle.”

3. Understanding Individual Needs

   • Marianna highlighted the importance of understanding team members on an individual level. She advised, “Take the time needed to understand your people. Evaluate them, and have always an open door to your team.“

4. Balancing Technology and Manual Processes

   • The panel discussed the balance between embracing technology and maintaining manual processes. Haia noted, “The younger generation grew up with technology… but they do lack the experience of how the manual processes work.“

5. Building Loyalty and Trust

   • Marianna shared her approach to fostering loyalty within her team, stating, “Loyalty can be built with a young generation as well… but a different type of loyalty, maybe not to the company, maybe to the profession, to the people you work with.”

6. Negotiate Remote Work Dynamics

   • The challenges of remote work were discussed, with Marianna expressing concerns about younger generations lacking communication skills due to less in-person interaction. She said, “I believe that the young generation is a bit lacking in their communication skills, right? They’re too much hooked on the computers.“

Conclusion

The session underscored the importance of recognizing and valuing the contributions of different generations within treasury teams.

By fostering open communication, understanding individual strengths, and balancing technology with traditional practices, organizations can create a more cohesive and effective work environment. The insights shared by the panelists serve as a guide for leaders to navigate generational dynamics and enhance collaboration, ultimately driving success in the treasury function.

Stay tuned for more insights and discussions in the upcoming sessions planned for 2025!