This document discusses revisiting retention strategies through a case study by Manel Blau Rifai. It outlines two approaches to retention - an ROI model and a strategic approach. The strategic approach involves 8 steps from measuring turnover data to making adjustments. The document then discusses making retention a priority across organizations as is done with sales, quality, and safety. It provides principles of retention like employees staying for unique reasons and supervisors impacting retention. Finally, it proposes implementation strategies such as holding supervisors accountable for goals, developing supervisors, narrowing hiring, challenging policies, and calculating attrition costs.
Loviştei country is one of the most popular areas of Oltenia, popular both ancestors and traditions preserved from the fact that here is prepared one of the most popular and oldest drinks of Oltenia: Cherry Brand Loviştei.
Loviştei country is one of the most popular areas of Oltenia, popular both ancestors and traditions preserved from the fact that here is prepared one of the most popular and oldest drinks of Oltenia: Cherry Brand Loviştei.
Purpose of the presentation is to:
+ Present an easy-to-use method for
establishing a financial return on dollars
spent.
+ To convert intangible benefits into tangible
benefits
+ To quantify tangible benefits into financial terms
+ To build your skill in running simple, but powerful
financial calculations
Strategy & Execution Program OverviewKelly Petrock
Our Six Disciplines approach combats the challenges to growth because it is based on a proven and repeatable methodology, efficient strategic management systems / tools and expert coaching. Through this integrated approach we help clients efficiently and effectively Formulate, Align and Execute upon strategically.
Business Healthcheck Service By John Capper & CoJohn Capper & Co
This presentation describes our Business Health Check service. Think of it as preventative medicine for your business. What you get out of it is a measured easy to understand report on the state of your business and your action plan to respond to the findings of the Health Check
Slide Deck for The Balanced Scorecard - Implementing Strategy Webinar conducted by BMGI India Consultants in Feb 2010.
For More Quality Content from BMGI India, visit http:/www.bmgindia.com, visit our blog at http://bmgindia.wordpress.com, or join the BMGI India group on LinkedIn.
We would love to hear from you, feel free to write to us at info@bmgindia.com
Leadership Strategies for High Performance Contact CentresTina Arora
This Presentation was prepared & shared by me as a Guest Speaker at a Conference on 'Customer Experience and Service Quality Excellence', organised by Gripel (www.gripel.com), on 27 and 28 May 2011.
How ECI Telecom Developed a Content-Marketing Program from Concept to Complet...B2B Lead Roundtable
When Michelle Levy, Associate Vice President of Marketing Programs for ECI Telecom, was tasked with marketing an innovative, powerful solution to a varied, broad audience who knew nothing of its value, she responded by developing a comprehensive content-marketing initiative.
Her goal: to make efficient and effective use of time, money and resources. She was impressed by the outcomes - a 79 percent e-mail open rate - and surprised by how the initiative positively impacted the organization’s entire marketing effort.
Purpose of the presentation is to:
+ Present an easy-to-use method for
establishing a financial return on dollars
spent.
+ To convert intangible benefits into tangible
benefits
+ To quantify tangible benefits into financial terms
+ To build your skill in running simple, but powerful
financial calculations
Strategy & Execution Program OverviewKelly Petrock
Our Six Disciplines approach combats the challenges to growth because it is based on a proven and repeatable methodology, efficient strategic management systems / tools and expert coaching. Through this integrated approach we help clients efficiently and effectively Formulate, Align and Execute upon strategically.
Business Healthcheck Service By John Capper & CoJohn Capper & Co
This presentation describes our Business Health Check service. Think of it as preventative medicine for your business. What you get out of it is a measured easy to understand report on the state of your business and your action plan to respond to the findings of the Health Check
Slide Deck for The Balanced Scorecard - Implementing Strategy Webinar conducted by BMGI India Consultants in Feb 2010.
For More Quality Content from BMGI India, visit http:/www.bmgindia.com, visit our blog at http://bmgindia.wordpress.com, or join the BMGI India group on LinkedIn.
We would love to hear from you, feel free to write to us at info@bmgindia.com
Leadership Strategies for High Performance Contact CentresTina Arora
This Presentation was prepared & shared by me as a Guest Speaker at a Conference on 'Customer Experience and Service Quality Excellence', organised by Gripel (www.gripel.com), on 27 and 28 May 2011.
How ECI Telecom Developed a Content-Marketing Program from Concept to Complet...B2B Lead Roundtable
When Michelle Levy, Associate Vice President of Marketing Programs for ECI Telecom, was tasked with marketing an innovative, powerful solution to a varied, broad audience who knew nothing of its value, she responded by developing a comprehensive content-marketing initiative.
Her goal: to make efficient and effective use of time, money and resources. She was impressed by the outcomes - a 79 percent e-mail open rate - and surprised by how the initiative positively impacted the organization’s entire marketing effort.
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