Why Multinationals Struggle to Manage Talent
A survey shows a strong correlation between financial performance and best practices for managing talent globally.
Content: Article | Authors: Asmus B. Komm, Matthew Guthridge | Source: McKinsey Quarterly | Subjects: Best Practices, Human Resources, Management
No Experience? No Problem.
Human resources professionals may be surprised to learn that placing emphasis on a job candidate’s prior experience can be counterproductive. According to this study, although prior experience helps new hires perform their specific job tasks, these employees often come with habits, routines, and expectations picked up from their prior company that inhibit them from fitting in well at their new firm. The authors examined career … [ Read more ]
Content: Article | Authors: Gina Dokko, Nancy Rothbard, Steffanie L. Wilk | Source: Organization Science | Subject: Human Resources
Good Boss, Bad Times
Management expert Robert Sutton shares lessons on handling layoffs and teams in crisis.
Content: Multimedia Content | Author: Robert I. Sutton | Source: McKinsey Quarterly | Subject: Human Resources
Are you talking to your people or at them?
The stakes have never been higher, and employees have never needed straight talk from their leaders more than they do now. So why do so many organizations keep communicating in the same ineffective way?
The answer is simple. They’re stuck using an old model: Disseminating information = effective communication.
Although outdated communication assumptions aren’t working, there are two pieces of good news. First, changing the way … [ Read more ]
Content: Article | Author: Alison Davis | Source: The Conference Board Review | Subjects: Human Resources, Management
David Ogilvy
If you hire people who are smaller than you are, we shall become a company of dwarfs. If you hire people who are bigger than you are, we shall become a company of giants.
Content: Quotation | Author: David Ogilvy | Source: strategy+business | Subjects: Human Resources, Management
The Chemistry of Talent (New Ways to Think About People and Work)
This is the 10th in a series of Straight Talk books dedicated to helping companies improve performance. It provides an integrated look at today’s compounding talent issues and highlights several innovative solutions that can help an organization build and execute a winning talent strategy.
Building on a chemistry theme, the “Periodic Table of Talent” (the Table) was created to supplement Straight Talk Book #10. In the … [ Read more ]
Content: Article | Source: Deloitte | Subject: Human Resources
Letting the Air Out of Title Inflation
Title inflation is an easy move that makes everyone happy, one with few costs other than a couple of boxes of new business cards. Right?
Wrong. Companies have employed this seemingly harmless strategy since they began etching executives’ names on office doors, and all the evidence points to very real and negative results.
Content: Article | Author: Warren Rosenstein | Source: The Conference Board Review | Subjects: Human Resources, Management, Organizational Behavior
Do Tell
You’ve got 10 solid résumés on your desk and you’ve booked interviews with the top candidates. How do you select the best person?
Editor’s Note: this is the sidebar to the article, Scoping Out the Talent – find it at the end of the article.
Content: Article | Author: Melissa Hennessy | Source: CFO Publishing | Subject: Human Resources
Michael E. Raynor
If most companies aren’t delivering demonstrably exceptional performance, what is the justification for granting demonstrably exceptional compensation to senior executives? Rare indeed is the pay-for-performance contract that seeks to pay only for performance by separating out the effects of luck from the contributions of the skill and effort of the executive.
Content: Quotation | Author: Michael E. Raynor | Source: The Conference Board Review | Subjects: Compensation, Corporate Governance
Gilman Louie
The most surprising thing was that if terrorists rolled a hand grenade down the middle of a room, all our CIA employees would jump out of their seats and throw their bodies on it to protect everyone else. They would all give up their lives for one another and their country. However, if someone ran into the room and said, ‘I need someone to make … [ Read more ]
Content: Quotation | Author: Gilman Louie | Source: The Wilson Quarterly | Subjects: Innovation, Motivation, Organizational Behavior
Gary Hamel and C.K. Prahalad
In many companies, business unit managers are rewarded solely on the basis of their performance against return on investment targets. Unfortunately, that often leads to denominator management because executives soon discover that reductions in investment and head count—the denominator—“improve” the financial ratios by which they are measured more easily than growth in the numerator: revenues. It also fosters a hair-trigger sensitivity to industry downturns that … [ Read more ]
Content: Quotation | Authors: C.K. Prahalad, Gary Hamel | Source: Harvard Business Review | Subjects: Compensation, Management, Organizational Behavior
What Departing Workers Take With Them
How to Interview and Hire the Right Employee
There’s a real art to interviewing and hiring the right person for the job. These days, with so many people out of work, you’ve got a lot to talent to choose from. So do it right and you won’t get screwed. Here’s how.
Content: Article | Author: Steve Tobak | Source: BNET | Subject: Human Resources
Chapter 7: The Talent Powered Organization: Next Steps and the New Imperatives
The seventh and final chapter of The Talent Powered Organization maps out a talent agenda that is based on the five imperatives set out in the preceding chapters, and which will advance progress toward achieving high performance. The agenda is strategic and long-term, presenting a “call to action” to an organization’s leadership as a primary audience, but also to other stakeholders, reiterating that talent management … [ Read more ]
Content: Article | Authors: Elizabeth Craig, Peter Cheese, Robert J. Thomas | Source: Accenture | Subject: Human Resources
The New Human Capital Strategy: Improving the Value of Your Most Important Investment -Year After Year
The statement ‘People are our greatest source of competitive advantage’ is hackneyed at best, but still it is true. Author Bradley Hall thinks the main problem is that the leadership in companies doesn’t know if their employees are ‘better’ than their competitor peers and whether they continue to improve annually. He proposes a radical new way of identifying and measuring precisely which activities are most … [ Read more ]
Content: Book | Subjects: Human Resources, Management
The Talent Lie
“Putting people first” can be more than a slogan.
Content: Article | Author: Edward E. Lawler III | Source: strategy+business | Subjects: Human Resources, Management
Javier Bajer: Engaged, Committed and Confident—Isn’t That What You Mean by Talent?
The founding CEO of The Talent Foundation, Javier Bajer, challenges conventional views on talent management. He believes, for example, that most investments in talent are simply being wasted by the use of expensive but flawed programs to find or cultivate the right people.
Bajer argues that companies should spend less time trying to separate the right and wrong people, and more time trying to help individuals … [ Read more ]
Content: Thought Leader | Author: Javier Bajer | Source: Accenture | Subject: Human Resources
Tom Stewart
Labour markets move more slowly than people think. People in their work lives may like this idea of being ‘footloose and fancy free’, but in the whole of their lives, they’re a little less radical. We’re revolutionaries with mortgages. So don’t assume that everyone is 23 and wants to go someplace new tomorrow.
Content: Quotation | Author: Thomas Stewart | Source: Rotman Magazine | Subject: Human Resources
Al Vivian, Michalle E. Mor Barak
In her book, Managing Diversity: Toward a Globally Inclusive Workplace, Michalle E. Mor Barak talks about how ancient Chinese tradition divides people into categories based on four qualities: Shi (scholars), Nong (farmers), Gong (artisans) and Shang (merchants). The belief is that to be a fully effective leader, one must acquire the ” . . . vision and ethics of the scholar, the appreciation and respect … [ Read more ]
Content: Quotation | Authors: Al Vivian, Michalle E. Mor Barak | Subjects: Diversity, Leadership, Personal Development, Personality / Behavior
Reward Systems: Does Yours Measure Up?
It’s one of the thorniest management problems around: dealing with unmotivated, low-performing employees. It’s easy to point the finger of blame at them. But in most companies, it’s the reward system, not the workforce, that’s causing poor attitudes and performance: many reward systems actually discourage desired behaviors while rewarding the very actions that drive executives crazy.
In Reward Systems: Does Yours Deliver? Steve Kerr describes the … [ Read more ]
Content: Book | Author: Steve Kerr | Subjects: Human Resources, Management, Organizational Behavior
