A young colleague of mine sent me an interesting article this week from the Wall Street Journal entitled “The Facebook Generation vs. the Fortune 500.” It makes the point overall that companies who will once again be vying to attract and keep top talent once the economy grows again had better be sharpening their social media skills and mindset. The author, Gary Hamel, included “a list of 12 work relevant characteristics of online life” that he believes will be expected by the best of Generation “F” when they are choosing where they want to work.
With all due respect to Mr. Hamel and the Wall Street Journal (and with full disclosure that although I am one of the oldest people in the agency, I am fully versed in and supportive of all things social media), I am providing my interpretation/caution regarding his 12 characteristics in parentheses:
1. All ideas compete on an equal footing. (I guess it really IS a democracy now, at least online.)
2. Contribution counts for more than credentials. (Accuracy is no longer a requirement.)
3. Hierarchies are natural, not prescribed. (As long as clout is not a reward for out-shouting others.)
4. Leaders serve rather than follow. (Collaboration and teamwork are still key; roll up your sleeves and help the team win.)
5. Task is chosen, not assigned. (Working only on what interests you is great as long as you have no requirement to make money.)
6. Groups are self-defining and –organizing. (Unfortunately, just as you can’t choose your family, this also applies to your work teams at times.)
7. Resources get attracted, not allocated. (Keep it interesting and challenging to retain the best workers.)
8. Power comes from sharing information, not hoarding it. (Information no longer is power; information is status.)
9 Opinions compound and decisions are peer-reviewed. (Don’t get complacent; the best idea may be the next one.)
10. Users can veto most policy decisions. (It’s all about shared culture, not rulebooks.)
11. Intrinsic rewards matter most. (It’s all about the love of the game and the chase.)
12. Hackers are heroes. (New ideas are always welcome.)
I guess in summary, my belief is that companies that are staying up with social media and serving their customers well by trying and adopting new innovative approaches to communications will win with all generations, including the Facebook crowd. But let’s still remember that at the end of the day, sound business decisions trump pop technology trends.
I'd like to hear how you interpret any of Gary's Generation F characteristics. Let's talk about it in the comments.

