5th ME Business & IT Resilience summit 2016 - Learnings from chennai floods
Strategic HR Summit 2011- Chennai 15 th October 2011.
-
Upload
reynard-houston -
Category
Documents
-
view
215 -
download
2
Transcript of Strategic HR Summit 2011- Chennai 15 th October 2011.
![Page 1: Strategic HR Summit 2011- Chennai 15 th October 2011.](https://reader035.fdocuments.net/reader035/viewer/2022071807/56649ed25503460f94be23b1/html5/thumbnails/1.jpg)
Attrition ManagementHigh Engagement and Low
Attrition
Strategic HR Summit 2011- Chennai15th October 2011
![Page 2: Strategic HR Summit 2011- Chennai 15 th October 2011.](https://reader035.fdocuments.net/reader035/viewer/2022071807/56649ed25503460f94be23b1/html5/thumbnails/2.jpg)
Attrition …my 6 cents
Name : Chandrasekhar CTitle : Country HR Manager – BAS & GIT- IndiaCompany : Hewlett-Packard
![Page 3: Strategic HR Summit 2011- Chennai 15 th October 2011.](https://reader035.fdocuments.net/reader035/viewer/2022071807/56649ed25503460f94be23b1/html5/thumbnails/3.jpg)
Moral : Watch out ONLY WIN retention
Attrition – the other side…
People getting off a train
Weight Loss Program
Sinking Ship…
Musical Chair
Need a lift
Definition: A reduction in numbers usually in result of…
- Single seat multiple
applicants- -Hitting the
Glass Ceiling- Unbilled
available- Ramp Down
- Floaters- High cost low
Value- Low
Performance
![Page 4: Strategic HR Summit 2011- Chennai 15 th October 2011.](https://reader035.fdocuments.net/reader035/viewer/2022071807/56649ed25503460f94be23b1/html5/thumbnails/4.jpg)
Attrition – Cure vs Prevention
“Prevention is better than Cure”
MONEY ONSITE
Drugs that might cure Attrition…
JOBCHANGE
LOCATION ????
![Page 5: Strategic HR Summit 2011- Chennai 15 th October 2011.](https://reader035.fdocuments.net/reader035/viewer/2022071807/56649ed25503460f94be23b1/html5/thumbnails/5.jpg)
Attrition – not magical …
“This attrition is a
news… I never
expected”
“Yesterday he was
fine…not sure
what happened
today”
“I wish I had
known this
already”
“I am not
an astrologer
to know this”
Manager
• If a manager can not predict the attrition of an employee he values, then the problem is not attrition• There can’t be any better source to know an employee’s decision of leaving than personal connect• Facilitate for effective Connect
![Page 6: Strategic HR Summit 2011- Chennai 15 th October 2011.](https://reader035.fdocuments.net/reader035/viewer/2022071807/56649ed25503460f94be23b1/html5/thumbnails/6.jpg)
FUN
Encouragement
OpportunityCareFreedomFriends
Which one of the above period of your life, do you keep it close to your heart and why?
Different stroke for different people
BUSINESS priority and PEOPLE priority can’t travel in opposite directions
Identify and nurture your key talent
Let Us INTROSPECT……
![Page 7: Strategic HR Summit 2011- Chennai 15 th October 2011.](https://reader035.fdocuments.net/reader035/viewer/2022071807/56649ed25503460f94be23b1/html5/thumbnails/7.jpg)
Watch out ONLY WIN retention (remember the other side of Attrition)
Prevention is better than cure
Attrition can never be a SURPRISE… Connect to know
Different stroke for different people
BUSINESS Priority and PEOPLE priority can’t travel in opposite directions
Identify and nurture your key talent
MY 6 CENTS