A lot of time a lot of jargon about employee retention is thrown at readers of business newspapers/magazines/journals. Many a times, if not always, I have thought this is mere glib talk. Many a times I have also found myself comparing one company's work culture with the other, often basing my arguments on data scraped from media.
Looks like Business Standard was chosen, by fate to put this article in their pages. I am sure some of my ex-colleagues from Satyam will find it hard to hide a grin once they read this article. In quick succession, a birdie from McKinsey Quarterly dropped this interview of Mr Ramalinga Raju into my mailbox.
Looks like a lot is being done on the employee retention front! Even after making ample space for need of employee initiative, I feel that the steps being taken by various organizations (my ex employer seems to be at the fore front) are an exercise to put "strategies" into place. As argued in an earlier post, despite the most air-tight/water-tight processes to weed out incompetent persons (the term incompetent is subjective) and promote talent, all ends up in the cabin of the manager. I am aware of companies holding Art of Living workshops, Stress Management related talks, devising ways to create CEOs within their companies; but many a times what is required is not smooth talk but honesty, simplicity and non-partisanship.
Today's IT crowd, projected as reckless in terms of company loyalty, are very responsible. Nobody likes to leave his first company for money; but when instances abound when decisions are taken on the basis of boss' idiosyncrasies, one of the ways is to escape the rot into another. I have been lucky enough to join a company which has a amiable yet challenging work environment as its USP.
A true manager is not there only to sign reimbursement requests. He is there to provide feedback on a proactive basis. He should have a career plan for people under him and evolve it in consultation with them. Expectations should be realistically. And most important of all, no manager should forget the promises he made to himself when he himself was an employee.