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How can we connect the old with the new

Many of our corporate leaders, CEO, Presidents etc are in their mid sixties.  How do these leaders connect to the youngest workers coming into our organizations. Or do they? Imagine the shift. All this talk about how truly different this newest worker is  Is a connection possible between the 65 year old executive and the 24 year old employee?  My suspicsion is that it would take a significant amount of work to connect these two groups of people in a meaningful way. As I research the attributes of the20somethings I can’t help but think it must be difficult to find common ground.  Are we leading organizations in 2011 as if it were still 1970 and if so what are the implications for the 20something.