• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

2

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock

3

The Pentagon said Iran War costs $29 billion,but the real cost is closer to $200 billion—and counting

1

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

2

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock

3

The Pentagon said Iran War costs $29 billion,but the real cost is closer to $200 billion—and counting
NewslettersThe Trust Factor

Why your business should put younger and older workers on the same team

By
Nick Rockel
Nick Rockel
Down Arrow Button Icon
By
Nick Rockel
Nick Rockel
Down Arrow Button Icon
May 31, 2024, 10:45 AM ET
colleagues meeting in open office space
Generation gaps might not be as important as many people think.Getty Images
Add Fortune on Google for similar content.

There are now five—count them, five—different generations sharing the workplace. That’s got to be a first for humankind.

Recommended Video

Whether you’re a traditionalist, boomer, Gen X, millennial, or Gen Z, things move pretty fast these days.

At Accenture, Karalee Close and her colleagues have been exploring how organizations can build trust at a time when AI and other tech is helping drive radical change. They’ve found a trust gap between workers and the C-suite, says Close, the firm’s global talent and organization lead.

Fewer than three out of 10 employees trust that their company’s leaders have their best interests at heart, an Accenture survey shows. At first glance, the rank and file are more bullish on generative AI, with 95% seeing value in working with it. But 60% fret that the technology could add to their stress and burnout, and roughly the same number feel insecure about their job. By contrast, only about a third of executives regard those things as problems.

To help create a company culture that narrows the trust gap, Close has a suggestion. Get all those generations working together.

Oh, and don’t make too much of the generation gap. “A lot of the research that we’ve seen shows that the generation thing is not as important as most think,” Close says. “Most of the issues and attitudes are not really about generational things, but about aging.”

In other words, it’s less about boomers versus Gen Z than about older, more experienced workers and younger, less experienced ones, Close explains: “To what extent are we actually helping people to work across the different cohorts?”

Whether systematically or by chance, Close sees companies putting people from different age groups together on teams, with good results. “Using that strength of bringing younger, fresh employees together with older, more experienced employees into a new way of working, into a team setting, is actually quite productive,” she says. 

That’s especially important as businesses and their workers grapple with generative AI, Close reckons. Because it’s fairly new for everyone, there’s an opportunity to put the best minds on the case and test its strengths and limits.

“I think you’re going to have to throw out the old and create new if you’re going to take advantage of some of those newer technologies,” Close says. “You need a way of working that looks across multiple disciplines. And that’s where, I think, if you can find ways to co-create the future across generations, you have a real opportunity to build trust.”

Leaders should avoid the “negative narrative” around AI, Close maintains. Hint: Harping on about productivity and cost savings will only backfire.

“I would be thinking about how I use responsible AI and innovation around AI,” Close says, “to create a positive outcome and create more trust by building teams that are multigenerational and committed to breakthrough results that maybe take away some of the frustrations and issues in an organization.”

That includes the chance to replace routine tasks with more elevated ones, she adds: “If you talk about unlocking potential, if you talk about amplifying human performance, that’s a very different narrative, and people will come to the table in a different way.”

Maybe they’ll even have lunch together.

Nick Rockel
nick.rockel@consultant.fortune.com

IN OTHER NEWS

Open season
Boards and executives don’t always see eye to eye, but this takes things to another level. In a tell-all interview, former OpenAI director Helen Toner said she and her fellow board members briefly ousted CEO Sam Altman for dishonest behavior that eroded their trust. They learned about ChatGPT’s launch not from Altman but from Twitter, Toner claimed. For the folks charged with governing it, OpenAI seems to have been a closed book.

Slack attack
Sound like anyone you know? More than a third of U.S. workers say they’re less productive during the summer, a new survey by Dayforce has found. Amy Cappellanti-Wolf, chief people officer with the HR software provider, blames poor management for all this slacking around. Her reasoning: With strong accountability and metrics, employees should be able to do their job anywhere. But when companies do offer flexibility, many people are too busy to take time off. This is hard work!

Short-changed?
Jim Chanos grew rich and famous by shorting fraud-ridden Enron. Now a partner has accused the hedge fund manager of using his firm as a “piggy bank,” with his girlfriend taking a cut. Chanos, who called the lawsuit by Conlon Holdings “puzzling and baseless,” said a $10 million loan in question was paid back years ago. Either way, it’s a fraction of the billions in losses on his ill-fated Tesla short.  

Stress test
Have I told you how incredibly busy I am? That kind of “stress bragging” could reduce colleagues’ trust, according to a recent study. Not only is someone who talks that way regarded as less likable and competent, but their boasts can induce more stress and burnout among coworkers. Yes, people literally get sick of hearing them speak.

TRUST EXERCISE

“The U.S. economy is the most powerful and formidable in the world—and lots can be done to improve it. While economists focus on inflation and interest rates and politicians consider options through the lens of an election year, there’s a worrying trend that needs reversing if we are to maintain U.S. dominance and continue enjoying the benefits of our economy: There are fewer public companies in the U.S. than ever before.

JPMorgan CEO Jamie Dimon raised this issue in his annual letter a couple of weeks ago. In the mid-1990s, there were nearly 8,000 public companies listed in the U.S. Today, there are half as many, and at the current rate, we’ll see that number halved again by 2044. ‘The total should have grown dramatically, not shrunk,’ Dimon wrote.”

America loves free enterprise, but its public markets are on the ropes. Eric Hippeau, managing partner at venture capital firm Lerer Hippeau, thinks that’s bad for private markets and for the economy at large. Fewer public companies means fewer exit opportunities, a key driver of innovation.

Hippeau points to several factors behind the decline, including mergers and acquisitions, higher regulatory hurdles and compliance costs, and access to capital that lets companies stay private longer. Essentially, many businesses no longer trust that going public is worthwhile.

For Hippeau, turning things around is a matter of democratic principle. Strong public markets give everyone with money to invest a stake in that shared economy, he argues. Hippeau suggests making it easier for companies to IPO, plus offering tax benefits or other financial incentives. He calls for educating investors about the benefits of long-term value creation too. In his view, private investors like him should also spread the word that business innovation is crucial to America’s economic edge. Happy to help him take that message public. 

This is the web version of The Trust Factor, a former weekly newsletter that examined what leaders need to succeed.
About the Author
By Nick Rockel
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Newsletters

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Newsletters

As mega-funds grab 72% of all capital raised, the gap between VC’s haves and have-nots keeps widening
NewslettersTerm Sheet
As mega-funds grab 72% of all capital raised, the gap between VC’s haves and have-nots keeps widening
By Allie GarfinkleJune 24, 2026
4 hours ago
Business is moving past the tech bro era and learning to value ‘real people, real places’
NewslettersCEO Daily
Business is moving past the tech bro era and learning to value ‘real people, real places’
By Diane BradyJune 24, 2026
4 hours ago
Tencent COO and interactive entertainment group president Ren Yuxin on July 9, 2020 in Shanghai, China. (Photo: Wu Jun/VCG/Getty Images)
NewslettersFortune Tech
Tencent winds down its Japanese game studio investments
By Andrew NuscaJune 24, 2026
4 hours ago
Google DeepMind CEO Demis Hassabis (left) stands on a spiral staircase next to Google DeepMind researcher John Jumper.
NewslettersEye on AI
Defections from Google DeepMind prompt questions about Alphabet’s efforts to stay at the forefront of AI
By Jeremy KahnJune 23, 2026
19 hours ago
From Audrey Gelman to Bobbi Brown, second-time female founders are on the rise
NewslettersMPW Daily
From Audrey Gelman to Bobbi Brown, second-time female founders are on the rise
By Emma HinchliffeJune 23, 2026
21 hours ago
Cred founder and CEO Kunal Shah. (Courtesy: Cred)
NewslettersFortune Tech
Meta’s latest reverse acqui-hire: Cred founder Kunal Shah
By Andrew NuscaJune 23, 2026
1 day ago

Most Popular

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
Success
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
By Orianna Rosa RoyleJune 23, 2026
1 day ago
Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
Banking
Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
By Jim EdwardsJune 23, 2026
1 day ago
The Pentagon said Iran War costs $29 billion,but the real cost is closer to $200 billion—and counting
Economy
The Pentagon said Iran War costs $29 billion,but the real cost is closer to $200 billion—and counting
By Jacqueline MunisJune 24, 2026
7 hours ago
Current price of oil as of June 23, 2026
Personal Finance
Current price of oil as of June 23, 2026
By Joseph HostetlerJune 23, 2026
1 day ago
Texas and Charlotte used to build huge McMansions—now they're copying the California design tricks they once mocked
Real Estate
Texas and Charlotte used to build huge McMansions—now they're copying the California design tricks they once mocked
By Sydney LakeJune 22, 2026
2 days ago
Current price of gold as of June 23, 2026
Personal Finance
Current price of gold as of June 23, 2026
By Danny BakstJune 23, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.