In 2013, AirBnB CEO, Brian Chesky, made an unusual request to serial entrepreneur Chip Conley about whether he would join his company as a strategic advisor to the hospitality industry? This request was unusual because Conley was then 53 years old and nearly twice the age of the company's founders. Brian Chesky's offer became a business inspiration. This example suggests that the older generation can play an important role in advancing younger startups. Know how two generations can climb the stairs of success together.
•Older generations can do mentoring of young CEOs
Many young founders are generally considered to be brilliant, visionary and more intelligent than their age. However, his leadership skills are not such that he can become world-class CEOs. If such youngsters join the Older Executives in their team, then they can develop these skills much faster under their guidance. Also, matured middle managers also add value to the company.•Research also considers iron workers
Contrary to popular belief, workers aged 55 and older may in fact prove to be more engaged than their younger colleagues if contrary to the assumption of AARP and Gallup. According to another research, Older workers are very confident and therefore also interested in getting feedback and self improvement.•Best of both worlds
According to Conley, there is a great difference in the cognitive approach of the new and old generation. Although the speed of solving the problems of young teams is very high, but there are many mistakes from them as well. While on the other hand it is possible for an Older team to take more time to solve the problem, but the number of mistakes made from them will also be much less. So, if both of them come together, startups can get the best results from both teams. In addition, Older workers create Psychological Safety for the team which proves to be good for the creativity and morale of the team.Thanks for Reading
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