Hello Sai_Kiran,
First of all, I would like to thank you for your comments. I am glad to receive your response.
By the way, I have succeeded in my attempt. A lot went into this matter.
"It would have been good if you had discussed your strategy here irrespective of whether it works or not."
Yes, but the timeframe was so short that I came to know late in the evening (yesterday). I sent the mail to GM-ops that I am coming to the factory, and this morning on the train, we discussed the whole issue and strategized. Before meeting him, I wrote about this issue in this forum.
"However, the whole effort lies in identifying the core reasons that he is leaving your organization. The root cause analysis will help you in taking suitable efforts in retaining him."
Yes, that's true, but one needs to do more than that.
"His age, his family, economic factors, org structural factors, what does his role demand, what does his position demand, office/power politics, if he needs a sabbatical (it's better for a good staff to be away from work for a couple of weeks rather than losing him (but I don't know what is your company policy on sabbatical), or if he wants to pursue his interests in a particular field, then he could be allowed some time off for such reasons without affecting the work. He could be given a consultant kind of role if he is very senior rather than involving in day-to-day activities."
Yes, the above is true. I agree. Good points, I must say. Thanks.
My strategy:
First - as I received the news via email, I dropped everything, seriously thought it out, and shared my views with GM-Ops.
Immediately gave him a call (within 10 minutes) and told him the following:
1. We are surprised and shocked by his action.
2. Please don't share this with anyone in the plant at all (you know how strong grapevine is).
3. Would like to discuss this issue in person.
Prepared the backdrop of the matter, took him outside the factory. He was surprised that I came to meet him all the way. Changing the venue is very important, as it changes the dynamics of personal equations and roles we play in day-to-day life.
Had a personal heart-to-heart talk. It worked, keeping in mind the facts the Management has done for him in the past and also did my homework on the proposed offer he had from the company.
Also, remember to sensitize your line Managers that when they receive feelers about the changes or resignations from their reportees, they should discuss in detail and refrain them from putting their resignations in writing. Why? Because when one writes the same on paper, it is like cutting off from the organization mentally by 60%, which is a difficult situation to retrieve.
Regards,
Rajat