Retention; A Panacea? - A February 2001 Version
Context: This is a digitised version of the print article which I wrote for the TQM Newsletter of Century Rayon , my first employer. This was published as Volume 1 in Feb 2001 by the then B.K Birla Group company. In today's dynamic business environment, Retention is perhaps one thought that is foremost in the minds of HR Managers in any organisation. In this article, an attempt is being made to analyse some aspects relating to retention of employees with special reference to manufacturing organisations. At the outset, I would like to state that what follows is not, as the title may seem to suggest an elixir to this pressing problem, but some thoughts which naturally are consequent to exposure to environmental stimuli, to be precise. Understanding the Manufacturing Psyche Manufacturing setups are the offshoots of the Licence / permit raj, which is under threat with the advent of liberalisation. Needless to say, traditional job enablers like Job Security and Location a...