in a MOB situation, (in cold waters), I am sorry to tell you, but my first priority is to start the engine,
my steps are
heave to to stop the boat and maintain eye on MOB
start the engine
roll genoa while steering to MOB
depending on seas and wind, main stays on or comes down..and if it stays its either sheeted in or fully lose..depends on conditions..
on my boat, to start the engine, roll the genoa, lower main and motor with engine to recover..all takes me about 30 seconds or less, so in a life death situation..I'd gett all sails off and motor..