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REVISITING RETENTION STRATEGIES
CASE STUDY




Manel Blau Rifai
Vice-President, MindLab
ROI Model vs. Strategic Approach




                                                                                MANEL BLAU RIFAI
                                                                    Strategic
                                                                    Approach



                     Step 8:         Step 1:
                                  Measure and
                      Make
                                     monitor
                   adjustments
                                  turnover and
                       and
                                    retention
                    continue           data

    Step 7:                                          Step 2:
Calculate ROI of                                   Develop fully
   retention                                      loaded cost of
   strategies                                    talent departure

                           ROI Model
    Step 6:                                          Step 3:
                                                 Diagnose causes
 Forecast ROI                                     and needs for
  Retention                                         retention
  solutions                                       improvement

                     Step 5:           Step 4:
                      Match         Explore
                   solutions to    range of
                      needs        solutions
Retention Today




                                                                           MANEL BLAU RIFAI
                           Sales   Services Quality   Safety   Retention
   Accountability across   Y       Y        Y         Y        N
   the organization
   Recognition             Y       Y        Y         Y        N

   Consequences            Y       Y        Y         Y        N

   Training                Y       Y        Y         Y        N

   Coaching                Y       Y        Y         Y        Y
Start with Processes




                                             MANEL BLAU RIFAI
   Managing Retention like sales, service,
            quality and safety
Build on the Principles




                                            MANEL BLAU RIFAI
     Employees quit because they can

     Employees stay for things they get
         uniquely from you (EVP)

   Supervisors build unique relationships
     that drive retention...or attrition.
        (The Coaching Advantage)
Implement Strategies I




                                             MANEL BLAU RIFAI
     Hold supervisors accountable for
         achieving retention goals
  goals.
   Develop supervisors to build trust with
                their teams

      Narrow the front door; close the
                backdoor
Implement Strategies II




                                             MANEL BLAU RIFAI
      Script Employees’ first 90 days


   Challenge policies to ensure they drive
                 retention
Implement Strategies III




                                            MANEL BLAU RIFAI
    Calculate attrition’s cost to promote
        retention as a business issue

   Drive retention from the top, not only
   as an HR program. Build methods from
      retention aligned with strategies
         applied in sales, quality, etc
THANK YOU
Manel Blau Rifai
Vice-President, MindLab
Knowledge Village, 502221 Dubai
mb@mindlab.co

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Revisiting Retention

  • 1. REVISITING RETENTION STRATEGIES CASE STUDY Manel Blau Rifai Vice-President, MindLab
  • 2. ROI Model vs. Strategic Approach MANEL BLAU RIFAI Strategic Approach Step 8: Step 1: Measure and Make monitor adjustments turnover and and retention continue data Step 7: Step 2: Calculate ROI of Develop fully retention loaded cost of strategies talent departure ROI Model Step 6: Step 3: Diagnose causes Forecast ROI and needs for Retention retention solutions improvement Step 5: Step 4: Match Explore solutions to range of needs solutions
  • 3. Retention Today MANEL BLAU RIFAI Sales Services Quality Safety Retention Accountability across Y Y Y Y N the organization Recognition Y Y Y Y N Consequences Y Y Y Y N Training Y Y Y Y N Coaching Y Y Y Y Y
  • 4. Start with Processes MANEL BLAU RIFAI Managing Retention like sales, service, quality and safety
  • 5. Build on the Principles MANEL BLAU RIFAI Employees quit because they can Employees stay for things they get uniquely from you (EVP) Supervisors build unique relationships that drive retention...or attrition. (The Coaching Advantage)
  • 6. Implement Strategies I MANEL BLAU RIFAI Hold supervisors accountable for achieving retention goals goals. Develop supervisors to build trust with their teams Narrow the front door; close the backdoor
  • 7. Implement Strategies II MANEL BLAU RIFAI Script Employees’ first 90 days Challenge policies to ensure they drive retention
  • 8. Implement Strategies III MANEL BLAU RIFAI Calculate attrition’s cost to promote retention as a business issue Drive retention from the top, not only as an HR program. Build methods from retention aligned with strategies applied in sales, quality, etc
  • 9. THANK YOU Manel Blau Rifai Vice-President, MindLab Knowledge Village, 502221 Dubai mb@mindlab.co