Why Attrition and Motivation Weren't Major Issues 30 Years Ago—And What Can We Learn
Jagat Jyoti Mohanty
"Versatile HR Leader | Expertise in Mergers & Acquisitions, Organizational Design, and Culture Integration | Driving HR Strategy & Excellence at Fortune 500 Companies"
I was talking to my father who is more than 80 years old now and worked for Tata Steel for more than 35 years before retiring. I asked him what made him stay that long in a single company. It is not that he didn’t have alternate options that were more lucrative. He had many such offers which he declined. It was something else. He told me that the company was his family and no one leaves his family for a little more money or because one is unhappy with another family member or with a senior in the family or with what the family has to offer in the short-term. They sat down and settled these issues because they were in this for the long haul.
That set me thinking! While the new age organisations focus on concepts like IQ, EQ, AQ, SQ, Engagement, Purpose-driven work, Continuous learning opportunities etc., are there any simple concepts of the past that are still relevant but we are ignoring. Can corporates reincorporate some of these concepts to create a more balanced, loyal, and motivated workforce. Here are some thoughts:
1. Loyalty and Long-Term Commitment
2. Work-Life Balance
3. Face-to-Face Communication
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4. Mentorship and Apprenticeship
5. Craftsmanship and Pride in Work
6. Community and Family Values
7. Stability and Predictability
By reincorporating these values, companies can create a more supportive, loyal, and motivated workforce, blending the best of the old with the innovations of the new.
??Business Development Manager??Logistician??Trainer ??Mentor??People leader
7 个月Very helpful!
Sales & Marketing-Strategic IRM | Telecom Professional | Altius l SDIL | Ex-ATC India | 17.2 Years Exp | Portfolio Management | Empowering People | Team Management | Product Marketing | B2B & B2C | Brand Enthusiast
7 个月Insightful!
Lead HR Business Partner | Talent Acquisition l Talent Attraction l Employee Experience | People Management | Process Improvement
7 个月Nicely Articulated & excellent insights Jagat Jyoti Mohanty Sir.
Circle HR Head -ALTIUS
7 个月Insightful!