Naming the Next Generation Speaker Q&A: Neil Howe

On June 26th Ypulse will be Naming the Next Generation. Neil Howe, author, historian and generational guru, will be joining us in our quest to find a name for post-Millennials that fits their unique generational experience. Neil has been a pioneer in generational theory, writing nine books on American generations.  Along with William Strauss, he first coined the term “Millennials,” describing this generation with remarkable foresight as far back as 1991. We can think of no one better to help us to name the next generation, in fact, we wouldn't have dreamed of trying without Neil's help. Today Neil tells us about why we need to move away from the term “Gen Z,” how post-Millennials will be the oldest group to not recall a time before the Great Recession, and how this generation could be like Millennials ... on steroids.
 
Ypulse: What do you think is the biggest difference between Millennials and post-Millennials?
Neil Howe: I think it’s important to establish what we mean when referring to “Millennials” and “post-Millennials.” My definition for “post-Millennials” includes those born after 2004, so these are kids currently just entering grade 2 of elementary school. Yes, that date remains tentative. You can’t be sure where history will someday draw a cohort dividing line until a generation fully comes of age into adulthood. But since there are good reasons why social generations tend to be 20 or so years long, I am naturally suspicious of a definition that abruptly limits Millennials to only 10 or 15 birth years.
 
Right now, the biggest difference is the emphasis on socialization, pushed on them largely by their Gen-X parents and teachers. Post-Millennials are being taught from a very early age to inhibit their impulses, control their behavior, and play well with others. This goes…

 
 

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The Newsfeed

Quote of the Day: “My 2017 resolution is to improve my dog's confidence- She's somewhat fearful.”—Female, 28, PA

At some malls, teens “have worn our their welcome.” Cases of teens banding together on social media and going to malls to create chaos have reportedly been increasing over recent years. To avoid giving consumers another reason to shop online, some shopping centers—105 in the U.S. according to the International Council of Shopping Centers—have responded by imposing curfews and bans on the young consumers. The legality of such restrictions has been called to question, with the ACLU working to fight discrimination at play. (LA Times)

Millennial parents are getting by with a little—ok, maybe a lot—of help from their own parents. A TD Ameritrade survey has found that 19-37-year-olds who have kids get $11,000 on average from their parents through financial support or unpaid labor, and more than half get assistance through childcare or housekeeping weekly. But the assistance isn’t one-sided: three-quarters of 50-70-year-olds with Millennial children say they’re glad to help, and four in ten Millennials say they help their parents too, with an average of $2000 in 2016. (USA TODAYBusiness Wire)

The NFL is looking outside their traditional playbook to reach young fans. The league has partnered with AwesomenessTV for In The NFL, a new series that “lifts the curtain” to give a behind-the-scenes look at the sport. Since "a 17-year-old girl doesn't want to watch the same content as her mom or her dad,” some episodes have a young female focus, with one starring YouTube stars the Merrell twins taking a tour of a stadium, and another featuring one of the few female owners in the NFL, Kim Pegula, offering career tips to young women. (Adweek)

Can the future generation of shoppers save brick-and-mortar retail? Maybe. A new IBM and National Retail Federation study has revealed that 67% of 13-21-year-olds shop in-store most of the time, while another 31% occasionally buy from them. One analyst notes that their desire for “hands-on experience” is setting their preferences, but lack of credit cards and life stage are also likely forces deterring them from online shopping—and we predict that if fintech solutions are developed with teens in mind it could be a fatal blow for physical teen retailers. (RackedBusiness Wire

The sharing economy may be impacting Millennial spending. Research by Hammerson and retail consultant Verdict found that more than half of Millennials used a sharing economy business like Uber or Airbnb in the last year, compared to 16.2% of those over 35-years-old. Nearly a quarter of Millennials say they aren’t concerned about home ownership and would be content with renting for the rest of their lives, and when compared to those over 35-year-olds, they're two times more likely to agree that there are some products they don’t need to own and would prefer to rent. (Forbes

Quote of the Day: “My 2017 resolution is to live my life the way Carrie Fisher would have wanted me to.”—Female, 21, TX

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