Problem Statement

Analysis and Issues When the senior-level women at Vision resigned, it seems from the information in Lie's memo that people assumed that they were choosing Emily over a career and therefore, management believed there was nothing that the company could have done to retain these women. However, these women may have left for better opportunities, potentially with competitors. Vision's obvious costs of losing these employees include the loss of investment made in recruiting and training them as well as the cost of recruiting and training their replacements.Yet, the hidden cost of employee turnover is possibly even more devastating. These hidden costs include the loss of intellectual capital and the potential for the former employee to come a competitor; potential disruption in the. General Electric and its river pollution problems; GE and Westinghouse antitrust action in turbines; Walter's aggressive growth strategy and the loss of small town businesses; Wall-Mart and its labor and legal practices; and Wall- Mart with its “Buy America Program.