The Governance Group, Inc.
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Communication Services

Key Concepts

Effective leaders communicate

  1. Vision
  2. Goals
  3. Requirements
  4. Results

... so smart companies focus on strategic retention

 
Retention - Priorities

  • Identify when & why there are different reasons to retain certain skills, experience or potential
    • Pre-IPO, merger or acquisition
    • Succession Planning
    • Bench strength
  • Determine who should be retained since not every job/person has the same "retention value"
    • Costs/return on investment will vary
    • Timing is everything
 
Retention - Interventions

  • Focus on interrelationships between satisfaction & performance
  • Use data assessment to help focus issues/select tools
  • Use normative data to determine which segments of the population will be most receptive to improvements
 
Retention - The Diversity Angle

  • Avoid interventions that could produce unintended negative reactions in groups not included
  • Ensure specific targeted groups don't get labeled
 
Our Retention - Program Process

Our Retention - Program Process

 
Our Edge - In Retention Management

  • Broad/deep knowledge & experience in all aspects of human capital management
  • Understanding of motivational ingredients
  • Knowledge of state-of-the-art tools & techniques
  • Specialty assessment & measurement systems
 
 

The Governance Group, Inc. 33 Union Place, 3rd Floor, Summit, NJ 07901; tele: 908.277.1800, fax: 908.277.4445
For further information, contact us at: info@governancegroup.com