How to Reduce Turnover Intentions in the Family Business: Managing Centripetal and Centrifugal Forces Harvard Case Solution & Analysis

Employee Turnover intentions refer to the anticipation of leaving one's job. If comprehended, turnover intentions may lead to loss of human ability and leakage of company know-how to competitors. This informative article assesses the causes and intensity of employee turnover aims by comparing two divergent forces. The very first force is centripetal; it draws on workers into an organization and makes options less attractive. This informative article asserts that various combinations of centripetal and centrifugal forces can be found in four different areas: the time-bomb, ineptitude, tug of war, and best-of-both-worlds 'turnover zones.'

Respectively, intensity and the emergence of turnover aims in every single turnover zone are distinct. Thus, an intriguing question to study is: How do centrifugal and centripetal forces play out in the family business? Applying this analysis to a family business operating in the western part of the USA helps explain the reasons family workers might or might not form employee turnover goals, as well as such objectives' relative strength. To succeed, however, family businesses must also urge inept workers to form employee turnover aims.

PUBLICATION DATE: January 15, 2013 PRODUCT #: BH508-HCB-ENG

This is just an excerpt. This case is about INNOVATION & ENTREPRENEURSHIP

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