Successful Management of Generations

Abstract In the management literature is often encountered with the concept of generation. For example, generation X, Y, millennia’s, and so on. In this article we are looking for an answer to what is the generation, as it is characterized from a management point of view. From the management perspective we consider the selection of those parameters that support managerial decision-making in a real situation. Therefore, they are practically applicable. In the first part we examine the correlation between the generations and Kopčaj development cycles. The second part dealt with the appropriateness of certain characteristics and parameters of generations to manage. In the third part we describe briefly the results of the survey of these parameters in the Slovak companies. Conclusions: 1. there is a very strong correlation between the generations and Kopčaj development cycles. This allows to more accurately characterize the generation, its behavior, characteristics and interaction with employers. 2. on the management characteristics of the generation (or any group) are suitable parameters such as potential, knowledge and energy measured by entropy over the conditions of stability. 3. the survey shows that for the successful integration of generation into the company it is necessary to harmonize these parameters.