In a recent Harvard Business Ideacast, Dick Beatty, Professor of Human Resources Management at Rutgers' School of Management & Labor Relations and author of "The Differentiated Workforce: Transforming Talent into Strategic Impact", discussed strategic human capital planning with the goal of managing talent like a portfolio.
While our firm has been a big fan of the Topgrading methodology of identifying top talent, the idea that all organizations will function well with A Players in every role in the company might be the source of "cat fights" in some organizations versus a cohesive, well-oiled team. Beatty's research shows that only some roles and people within an organization actually drive the creation of wealth and value in a company.
From Beatty's research, it is rare that more than 15% of talent in an organization is really responsible for driving value creation. Still, all roles have importance in a business' successful performance. Beatty does not feel that businesses should hire just anyone who is looking for a job, rather only hire people who love what you do. But, 'A Players' need to be in the 'A Roles' to drive value and wealth creation.
Thursday, August 6, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment