Synopses & Reviews
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.
Synopsis
How to leverage the power of people in the new competitive marketplace
Based on research conducted with thousands of organizations and hundreds of interviews with senior leaders and employees, Reinvent Talent Management presents a fresh approach to talent management. By connecting value, strategy, and people, respected authority and consultant William Schiemann has identified 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 people to such critical organizational outcomes as operational performance, customer loyalty, product and service quality, and financial results. Using Schiemann's unique system, readers will discover how to identify, develop, and retain top talent, as well as create a workforce that is aligned with organizational strategy.
William A. Schiemann (Somerville, New Jersey) is CEO of the Metrus Group, an organizational research and advisory firm that specializes in fact-based decisions regarding organizational and functional strategy and talent management. His clients range from large global firms to local and regional organizations.
Synopsis
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
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.
Table of Contents
Foreword (
Susan R. Meisinger).
Preface.
Acknowledgments.
Section I: New Rules in a Changing World.
1 The Talent Challenge.
2 People Equity: What It Is and Why It Matters.
3 How to Manage People Equity.
Section II: Measuring the Unmeasurable.
4 Measuring People Equity.
5 ACE and Resource Allocation.
Section III: Optimizing Talent.
6 Aligning Strategy, Culture, and Talent.
7 Capabilities: Fuel for Growing Customer Value.
8 Getting Engaged.
Section IV: Managing the Talent Life Cycle.
9 Finding Fit.
10 First Impressions.
11 Growing Your Talent Reservoir.
12 Retaining Top Talent in Good Times and Bad.
The Road Ahead.
Appendix: Exercise: Impact of Trends on Your Talent Management.
Notes.
Index.