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Strategies to Retain Revenue Management Analysts in the US Airline Industry PDF

187 Pages·2016·0.8 MB·English
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Walden University ScholarWorks Walden Dissertations and Doctoral Studies Walden Dissertations and Doctoral Studies Collection 2017 Strategies to Retain Revenue Management Analysts in the U.S. Airline Industry Curtis Raynard Williams Walden University Follow this and additional works at:https://scholarworks.waldenu.edu/dissertations Part of theBusiness Administration, Management, and Operations Commons,Management Sciences and Quantitative Methods Commons, and theOrganizational Behavior and Theory Commons This Dissertation is brought to you for free and open access by the Walden Dissertations and Doctoral Studies Collection at ScholarWorks. It has been accepted for inclusion in Walden Dissertations and Doctoral Studies by an authorized administrator of ScholarWorks. For more information, please [email protected]. Walden University College of Management and Technology This is to certify that the doctoral study by Curtis Raynard Williams has been found to be complete and satisfactory in all respects, and that any and all revisions required by the review committee have been made. Review Committee Dr. Brodie Johnson, Committee Chairperson, Doctor of Business Administration Faculty Dr. Brenda Jack, Committee Member, Doctor of Business Administration Faculty Dr. Ify Diala, University Reviewer, Doctor of Business Administration Faculty Chief Academic Officer Eric Riedel, Ph.D. Walden University 2017 Abstract Strategies to Retain Revenue Management Analysts in the U.S. Airline Industry by Curtis Williams MBA, Embry-Riddle Aeronautical University, 1995 BS, Southern Illinois University Carbondale, 1993 Doctoral Study Submitted in Partial Fulfillment of the Requirements for the Degree of Doctor of Business Administration Walden University March 2017 Abstract The voluntary turnover of revenue management analysts in the U.S. airline industry is an issue, compelling revenue management leaders to implement retention strategies that successfully reduce employee turnover. The purpose of this qualitative single case study was to explore strategies revenue management leaders used within the last 15 years to retain revenue management analysts. The conceptual framework that grounded this study was Maertz’s 8 motivational forces of job attachment and voluntary turnover. The targeted population was comprised of revenue management leaders at an airline in Dallas, Texas who had demonstrated successful strategies to reduce employee turnover. Using criterion-based sampling, 4 revenue management leaders were selected for study participation. Data were collected through face-to-face semistructured interviews and company documents, then analyzed via Yin’s 5-step process of compiling, disassembling, reassembling, interpreting, and concluding. Interpretations were then subjected to member checking and methodological triangulation to strengthen the trustworthiness of findings. Two main themes emerged: leadership influence and analyst career environment. The findings provide a better understanding of revenue management analyst retention and increase knowledge of factors that influenced turnover in the U.S. airline industry. With this knowledge, revenue management leaders can implement retention strategies that have successfully reduced employee turnover. The implications for positive social change include the potential to overcome emotional discomforts about work or psychological obligations to leave, which can encourage job satisfaction and improve employee retention. Strategies to Retain Revenue Management Analysts in the U.S. Airline Industry by Curtis Williams MBA, Embry-Riddle Aeronautical University, 1995 BS, Southern Illinois University Carbondale, 1993 Doctoral Study Submitted in Partial Fulfillment of the Requirements for the Degree of Doctor of Business Administration Walden University March 2017 Dedication I dedicate this work to my farther, the late Curtis Albert Williams of Macclenny, Florida. Words cannot express how much I miss you. I wish you were here to see this accomplishment. Acknowledgments First, I give honor to my Lord and Savior, Jesus Christ. I am humbled before God and inspired by those who paved the way for me to accomplish this goal. Second, it is with the utmost humility that I express my thanks to God, my Heavenly Father, and to the late Curtis Albert Williams of Macclenny, Florida, for the life lessons I have learned from him. I acknowledge, and I am thankful for, the love and support I received from my family, especially my wife, Dr. Adina Williams, and my son, Christian Williams. Thank you for your patience that allowed me to read and to write this doctoral study. Finally, I would like to thank my doctoral study committee members, Drs. Brodie Johnson, Brenda Jack, and Ify Diala, for the countless hours spent reviewing and providing comments and feedback. I acknowledge that my opportunity for a terminal degree came by way of the opportunities provided by the 16th, 35th, 36th, and 44th presidents of the United States. There were many nights throughout this doctoral journey where I found myself on my knees by the overwhelming conviction that I had nowhere else to go. I found my own knowledge, methods, and wisdom, as well as that of those around me, insufficient for the years I had to endure to achieve this terminal degree. Table of Contents Section 1: Foundation of the Study ......................................................................................1 Background of the Problem ...........................................................................................2 Problem Statement .........................................................................................................3 Purpose Statement ..........................................................................................................3 Nature of the Study ........................................................................................................3 Research Question .........................................................................................................4 Interview Questions .......................................................................................................5 Conceptual Framework ..................................................................................................6 Operational Definitions ..................................................................................................6 Assumptions, Limitations, and Delimitations ................................................................7 Assumptions ............................................................................................................ 7 Limitations .............................................................................................................. 8 Delimitations ........................................................................................................... 8 Significance of the Study ...............................................................................................9 Contribution to Business Practice ........................................................................... 9 Implications for Social Change ............................................................................. 10 A Review of the Professional and Academic Literature ..............................................10 Eight Forces Framework of Attachment and Voluntary Turnover ....................... 13 Turnover ................................................................................................................ 38 Turnover Theories ................................................................................................. 49 Job Satisfaction and Dissatisfaction...................................................................... 52 i Retention Strategies .............................................................................................. 54 Conclusion ............................................................................................................ 56 Transition .....................................................................................................................56 Section 2: The Project ........................................................................................................58 Purpose Statement ........................................................................................................58 Role of the Researcher .................................................................................................58 Participants ...................................................................................................................59 Research Method and Design ......................................................................................60 Research Method .................................................................................................. 60 Research Design.................................................................................................... 62 Population and Sampling .............................................................................................63 Ethical Research...........................................................................................................65 Data Collection Instruments ........................................................................................66 Data Collection Technique ..........................................................................................67 Data Organization Technique ......................................................................................69 Data Analysis ...............................................................................................................70 Procedures for Compiling Data ............................................................................ 71 Procedures for Disassembing Data ....................................................................... 72 Procedures for Reassembing Data ........................................................................ 72 Procedures for Interpreting Data ........................................................................... 73 Procedures for Concluding Data ........................................................................... 74 Software Plan ........................................................................................................ 74 ii Key Themes .......................................................................................................... 75 Dependability, Credibility, Transferability, and Confirmability .................................76 Dependability ........................................................................................................ 76 Credibility ............................................................................................................. 77 Transferability ....................................................................................................... 77 Confirmability ....................................................................................................... 77 Data Saturation...................................................................................................... 78 Transition and Summary ..............................................................................................78 Section 3: Application to Professional Practice and Implications for Change ..................79 Presentation of the Findings.........................................................................................79 Main Theme: Leadership Influence ...................................................................... 82 Main Theme: Analyst Career Environment ........................................................ 121 Applications to Professional Practice ........................................................................142 Implications for Social Change ..................................................................................146 Recommendations for Action ....................................................................................147 Recommendations for Further Research ....................................................................150 Reflections .................................................................................................................151 Conclusions ................................................................................................................152 References ........................................................................................................................154 Appendix A: Interview Protocol ......................................................................................176 Appendix B: Interview Questions ....................................................................................177 iii

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accepted for inclusion in Walden Dissertations and Doctoral Studies by an was to explore strategies revenue management leaders used within the last 15 years to years I had to endure to achieve this terminal degree. I used business, management, HR, and psychology scholarly journals.
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