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Homesteaders chairman-president Graham Cook has the distinction of being the longest-employed member of the Homesteaders staff. He joined the company as a print shop staffer in 1966.

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Homesteaders Life

Ask Graham

Q.“Graham, congratulations on your induction into the Iowa Insurance Hall of Fame. Given your success and tenure in the industry, what advice do you have for the younger generations considering our industry as their career choice?”
A.

I always thought this was a question you asked of an old, pipe-smoking man sitting under a shade tree with his dog.

But after nearly 44 years with Homesteaders, my answer is easy… ideally find a place where you see the opportunity to make a meaningful contribution, enjoy going to work every day and really feel good about yourself and what you are doing. Happiness, income, success, recognition or whatever you feel is important will all fall into place.

But then again that advice is probably a predictable response from an aging “boomer.” Every generation has a unique perspective on what they seek in a career and in an employer:

My Parents’ Generation

“Your experience will be an asset here.”

“We see you in our future.”

My Generation

“You can make a big contribution here.”

“We’re team players.”

My Kids

“People who work here have a life beyond work.”

”You can build a dynamite resume here.”

Their Kids

“We care about your goals.”

“You will be treated with respect here.”

So it’s pretty clear that the career philosophy that worked for me won’t necessarily resonate with the next wave. Not only are mindsets changing but also career opportunities are rapidly coming and going. Here are some stats that I recently came across:

The U.S. Department of Labor predicts that people entering the job market today will have 10-14 different jobs before they are age 38.

Half of the people working today have been with the same company for less than five years.

The top 10 jobs in demand in 2010 did not exist in 2004.

Assuming this pace continues, you can conclude that we are preparing young people for jobs that don’t exist today… using technologies that may not be invented… to potentially solve problems we do not yet know about.

How all of this will play out, I don’t have a clue. If I’m still around, you can ask me again in 10 years… You’ll find me sitting under a shade tree with my dog.

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Ask Graham Archives

If you would like to read and review other questions from the Ask Graham archives, just click on a question below to check them out!

Q. Given the state of the financial markets, what is Homesteaders investment philosophy?
Q. How do you – Aurora and Homesteaders – do it when others have tried and failed?
Q. What if Homesteaders or Aurora is sold or merged with another company…will I get my price freeze and roll-back?
Q. What protection do I have if Aurora or Homesteaders has financial difficulties in the future?
Q. Regarding the Homesteaders/Aurora Casket alliance, what happens to the price freeze and roll-back if I choose to stop doing business with either company or both?
Q. Most of the public companies reported slipping pre-need sales in 2009. How did Homesteaders’ sales increase by 6%?
Q. How does reinsurance fit into Homesteaders’ future plans and current financial condition?
Q. What can Homesteaders customers expect to see in the way of crediting rate adjustments in 2010?
Q. Graham, Homesteaders just celebrated its 104th birthday. How does a century-old company keep up with new technology?
Q. With cremation increasing, changing consumer preferences and differing views on the value of pre-need among funeral homes… do you see pre-need growing in the years ahead?
Q. This issue discusses the idea of “branding” as it relates to funeral service. What are your thoughts on this topic?
Q. Graham, what is your philosophy on leadership?