CompetencyAnalyze the importance of managing a diverse workforce.Student Success CriteriaView the grading rubric for this deliverable by selecting the "This item is graded with a rubric" link, which is located in the Details & Information pane.ScenarioYou work for a company that has employees from each of the five generations: Traditionalists, Baby Boomers, Generation X, Millennials, and Generation Z. Because there is a great deal of generational diversity in your company, your managers have sometimes struggled to effectively communicate with their teams. In order to help your colleagues, you decide to put together a part of a training plan to discuss the importance of managing a diverse workforce and provide guidance to managers.InstructionsCreate a training plan that:Researches and summarizes each of the five generations in the workforce:TraditionalistsBaby BoomersGeneration XMillennialsGeneration ZIdentifies effective strategies for communicating with, motivating, and supporting a generationally diverse workforce.How does each generation prefer to communicate?How do you keep them engaged?Examines the benefits that companies have experienced employing multigenerational workforces and why these are important for organizational success.Analyzes potential communication and collaboration challenges that could occur among the different generations and why these are important to understand when managing a diverse workforce.