Employee Retention - Tool or a Program

Employee Retention – A Tool Or A Program

Employees are the assets of any organization, was just to say few years ago. But taking in consideration today's scenario this is more of proven fact. Employer’s should think about how to secure the long-term commitment from their employees. Failure to create the right environment will encourage disgruntled employees to take off in search of better job prospects.

Employee Retention Tips' that i use to build my teams  @ SNS Technologies

Demonstrate leadership commitment and accountability. Employer's should create a work environment in which employees want to establish careers rather than merely work . Employees look for commitment in terms of work environment, and economic benefits and liability in terms of making their work give an significance, rather than just a 9 hours job.

Hire and train the right people. Employer's regularly should review their recruitment policies & practices. Possibly collect and analyze applicant flow data to ensure that they are attracting and fairly considering the widest and most diverse possible applicant pool. It is also vital to recognize the value of having supervisors and managers with sufficient knowledge, skills and attitude to establish success at workplace.

Establish Special Emphasis Programs and collaborate with affinity groups. By establishing and utilizing Special highlighting Programs and partnering and/or consulting with the affinity groups, organizations can raise employee awareness of the importance of diversity and demonstrate the company's commitment to their employees.

Conduct employee opinion (climate) surveys and 360 degree evaluations. Climate surveys and 360 degree evaluations can help organizations assess the pulse of their workforce and make changes before employees decide to leave. Employer’s can use these tools to hold supervisors and managers accountable for low ratings and reward them for high ratings.

 Improve advancement opportunities. Employer's can ensure that all employees have equal opportunities for advancement by creating and funding Individual Development Plans and Career Development Programs. Organizations  can include these programs in their succession plans to ensure that they identify and develop well-qualified candidate pools (feeder pools) for their senior grade levels.

Practical Degree V/s Theoretical Degree

A situation arose a few months back. Cannot label it as Right or Wrong. I need my readers views on this

One of my friend was called for an interview with a reputed company in UK, i would surely not disclose the name by ethics. For the fact that she was invited for the discussion itself proves that she is qualified for job as per specs. The discussion went quite well between them. After a few days my friend got an auto generated mail " we regret not to select you, as your professional degree is not adequate as per Job Requirement". This was a shock and surprise. Getting to Root of this problem, i investigated along with my friend and the reason that we got was " we only require Full Time MBA's" and that friend had done a PG course, few months have passed  and that friend of mine got a better opportunity with a renowned company at Central London.

This entire episode makes me think that " does a professional degree takes an upper hand on practical experience" 

In my opinion it differs from employer to employer. Few are in search of innovators and few prefer those who support the crowd. Professional degree will not matter to all those who are on the roads of innovation and are supporting cutting edge technology as they have equipped themselves to try new things everyday whereas a typical set organizations with a same line of business over ages will not want to deviate for a fact that they will be repeating the same stuff  and to them a professional degree will matter as they do not want to experiment. Despite of this fact, Industry now a days are choosing such employees who are hands-on at their area of expertise rather than who have only read about fundamentals and never applied. Clearing the set of interviews theoretically does not prove ones ability to resolve the tough nut situation.

To clear the test of " applying your fundamentals" will reach its verdict if the decisions / stands taken are wise decision taking into account the critical behavior of situation and consequences rising because of that situation and avoiding them as well. I support the fact that your top most professional degree will not have any value if you fail to make wise decision in the worst of time. Your professional degree will surely help u form a strong base but will not help u any further if you do not apply them to situations and on the other side of table if you can put a wise solution across table with your experience, you would be a trusted advisory automatically. Weighing your experience as per facts and figures and putting it in right bucket will make your work experience count and then people will not bother about what professional degree you hold.

This is my my 2 Cents, would be happy if you can share yours too.

Strategy - Action or Role play

Strategy, though a small word, but has weight. Without this no organization can move even one step ahead and those which are trying to evade building strategies are only groping around in the dark with no particular goal or objective in view. This can be quite a dangerous proposition considering the constant competition level that the organization have to tackle and win over every day they are in the business.

Strategy building is a game of visualization by top management or the owners as they look at the “bigger picture” of the business and have a more comprehensive understanding about where the business is going and the resources at disposal. If you fail to execute your strategy, your plan will drain down.

Strategizing activity has to  be like a star bursting technique, where you have your Goal ( problem statement) in the center and you frame questions to derive your desired result.Strategy building can be done at three levels – corporate level, business level and operational level, based on the level of business where the strategy is supposed to be implemented. After proper analysis of strategy, the right path needs to be chosen and implemented.