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The Human Equation: Building Profits by Putting People Firstby Jeffrey Pfeffer
Synopses & Reviews
Why is common sense so uncommon when it comes to managing people? How is it that so many seemingly intelligent organizations implement harmful management practices and ideas? In his provocative new book, The Human Equation, bestselling author Jeffrey Pfeffer examines why much of the current conventional wisdom is wrong and asks us to re-think the way managers link people with organizational performance. Pfeffer masterfully builds a powerful business case for managing people effectively—not just because it makes for good corporate policy, but because it results in outstanding performance and profits. Challenging current thinking and practice, Pfeffer: reveals the costs of downsizing and provides alternatives; identifies troubling trends in compensation, and suggests better practices; explains why even the smartest managers sometimes manage people unwisely; demonstrates how market-based forces can fail to create good people management practices, creating a need for positive public policy; and provides practical guidelines for implementing high-performance management practices. Filled with information and ideas, The Human Equation provides much-needed guidance for managing people more wisely and more profitably.
Book News Annotation:
Argues that much of the conventional wisdom in managing people in organizations in destructive to both employment relationships and organizational performance. Explores why even smart organizations fall into harmful patterns when managing people, and offers steps to achieve improved performance. Suggests alternatives to downsizing, examines the economic effects of labor unions, questions the assumption that market forces alone are sufficient, and explores positive roles for public policy.
Annotation c. Book News, Inc., Portland, OR (booknews.com)
This volume argues that managing people well provides better results and suggests that high-performance management practices are imperative for achieving substantial economic returns. It lays out a positive role for public policy in ensuring the adoption of superior management practices.
How is it that so many seemingly intelligent organizations implement harmful management practices and ideas? In his provocative new book, bestselling author Jeffrey Pfeffer masterfully builds a business case for managing people more effectively--not just because it makes for good corporate policy, but because it results in outstanding performance and profits. 320 pp. Print ads & publicity. 50,000 print.
Includes bibliographical references (p. -330) and index.
About the Author
Jeffrey Pfeffer is the Thomas D. Dee Professor of Organizational Behavior at the Stanford Graduate School of Business. He is the author of eight books, including Managing with Power and Competitive Advantage through People, both from HBS Press. He has consulted extensively for companies, universities, and industry associations in the U.S. as well as in 20 other countries.
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