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Reinventing Talent Management: How to Maximize Performance in the New Marketplace, by William A. Schiemann
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Praise for Reinventing Talent Management
"Bill Schiemann's book is a comprehensive presentation of the need to better understand, measure, and increase organizational people equity. It clearly transforms concepts that have historically been considered less tangible into actionable imperatives. Today more than ever, it's essential that leadership maximizes alignment, capabilities, and engagement within their organizations."
—Paul Schultz, President and COO, Jack in the Box Inc.
"Reinventing Talent Management has arrived just in time. Given the challenging times we face today, recruiting and retaining the very best people is now more important than ever. Bill has developed a unique innovative framework on how to do this, as well as provided a broad array of practical approaches to putting the theory into action."
—Keith Lawrence, Director, Human Resources, Procter & Gamble
"Reinventing Talent Management is an outstanding blend of research and practice. It reports compelling research on the value of investing in talent and offers specific recommendations on how to develop people equity through alignment, capabilities, and engagement. The book confirms what good people managers do and offers specific guidelines for those wanting to upgrade their people management skills."
—Dave Ulrich, Professor, Ross School of Business, University of Michigan, and Partner, The RBL Group
"Bill makes the case for reinventing talent management and tells us how to do it. The book is loaded with good examples and must-take actions that lead to a winning talent management strategy."
—Edward E. Lawler III, founder and Director, Center for Effective Organizations, Marshall School of Business, University of Southern California, and author of Talent: Making People Your Competitive Advantage
"Talent management certainly needs to be reinvented-this book does it! Read, learn, redo!"
—Dr. Richard Beatty, Professor of Human Resource Management, Rutgers University
"Reinventing Talent Management provides an accessible framework that offers pragmatic ways to better understand how investments in human capital and talent can be measured and linked to financial returns."
—Dr. John Boudreau, Professor and Research Director, Center for Effective Organizations, Marshall School of Business, University of Southern California
- Sales Rank: #881536 in Books
- Published on: 2009-07-07
- Original language: English
- Number of items: 1
- Dimensions: 9.11" h x 1.02" w x 6.46" l, 1.05 pounds
- Binding: Hardcover
- 288 pages
From the Inside Flap
People—and the value they create—are the lifeblood of your organization.
Imagine having at your command a powerful new model for managing talent, one that creates measurable value, keeps people focused on agreed-upon goals, pinpoints capability needs, and enables you to manage talent so that everyone in your organization has the ability to continually contribute to your competitive success. At a time when the pressure to perform has never been greater, Reinventing Talent Management puts that model in your hands, discusses its use and impact on the key areas of talent management, and brings the discussion to life with an array of real-world examples. Anyone charged with driving performance up will profit from this book.
Today, a host of economic, cultural, technological, generational, and political forces are converging to change the way people and their organizations relate. It's time to pose tough questions and provide fresh solutions:
- What talent management factors influence one-third of your financial performance?
- Why are businesses losing an average of 20 percent of their customers to controllable talent factors?
- Why do some organizations have highly engaged employees in down economies, while some have employees who are disengaged even in good times?
The traditional methods of talent management are more likely to lead your organization to mediocrity than success. The healthiest businesses are those that have adopted new ways to manage talent and in the process build corporate cultures that unite people behind the singular goal of value creation.
Reinventing Talent Management presents a fresh and modern approach to talent management. By connecting value, strategy, and people, William Schiemann identifies three make-or-break factors that contribute to both organizational and individual success. These three factors—Alignment, Capabilities, and Engagement (ACE)—are keys to maximizing the value contribution of your people to your most critical organizational goals.
With Schiemann's breakthrough talent framework, you'll learn to identify, develop, and retain top talent, as well as create a workforce that is aligned with your organizational strategy, delivers superior products and services to customers, and is fully engaged in meeting your goals. With real-world examples, in-depth research, and powerful diagnostic tools, Reinventing Talent Management gives you resources to grow individual and organizational value in an increasingly competitive marketplace.
About the Author
William A. Schiemann is CEO of the Metrus Group, an organizational research and advisory firm that specializes in evidence-based decisions regarding organizational and functional strategy, as well as talent management. His clients range from large global firms such as Hewlett-Packard, Johnson & Johnson, McDonald's, Novartis, Takeda Pharmaceutical, and Wal-Mart, to local and regional private, public, and nonprofit organizations.
Most helpful customer reviews
7 of 7 people found the following review helpful.
"Reinventing Talent Management - a must read book!
By Rogerio S. R. Medeir
"Reinventing Talent Management" brings the innovative concept of People Equity and its components (Alignment, Capabilities and Engagement) as the key to the business performance. The examples provided are very clear and based on many surveys and case studies. The objective and innovative tools and ideas developed in "Reinventing Talent Management" helped me to connect some "missing dots" of my professional activity. As an HR manager it's extremely important to manage talent in order to bring effectiveness to the business and this outstanding book is helping me on getting the most from the people I work with. It will certainly add value to many other readers.
It's fresh air to everyone interested in delivering more!
3 of 3 people found the following review helpful.
Valuable Contribution!
By Dr. Dean
"Reinventing Talent Management" is a very important contribution to the field. I have long been impressed with Bill Schiemann and The Metrus Group's concept of 'People Equity'. This book provides compelling arguments and strong empirical evidence for why 'People Equity' is such a crucial construct for today's organizations and how it can transform thinking about human capital. While most organizations focus on 'employee engagement' and 'employee capability' separately, one of the key ideas behind 'People Equity' is that you cannot treat them independently. After all, how effective are engaged employees who aren't capable or capable employees if they aren't engaged? Furthermore, 'People Equity' adds a crucial third component to the mix: 'alignment' (with the strategy of the organization). The employees that today's organizations need to remain competitive are engaged, capable, AND aligned with strategy. I have been so impressed with 'People Equity' that I listed it as a 'transformational measure' in my book "Transforming Performance Measurement" and talk about it in virtually every presentation I give. If you are interested in increasing employee performance and organizational effectiveness, you need to read this book!
- Dr. Dean Spitzer, Author of "Transforming Performance Measurement" and "SuperMotivation"
1 of 1 people found the following review helpful.
"A New Perspective on Human Capital"
By Lyle Hanna
The approach the author takes in this book brings a fresh perspective to the development of talent. It is a refreshing departure from the singular focus on engagement which is prevalent in so much of the literature. While maintaining focus on employee engagement as one key element of talent growth, we are given a much more comprehensive view through the additional focus on alignment with business strategy and on capability to deliver against customer requirements. These three factors together contribute to what the author has called People Equity, thus underscoring the importance of investing in and growing the people asset. I particularly appreciated his treatment of the talent gaps that can occur, even in a high engagement environment. I was aware of this concept prior to publication of the book, and found it so powerful that I adapted the term for my own business--The People Equity ExpertsSM --to indicate our commitment to building value through human capital.
The author thoroughly covers People Equity concepts in the first chapters of the book, and then follows with several chapters that delve into how those concepts impact specific aspects of talent management. The writing style--interspersing explanation, anecdote and examples from executive interviews--makes for enjoyable reading, and keeps the idea that much more memorable. I highly recommend this book to anyone who is looking for new perspectives in talent management!
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