University of Minnesota - UMN Executive Leadership Insights
The Talent Powered Organization
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The Talent Powered Organization

Strategies for Globalization, Talent Management and High Performance

Peter Cheese, Robert J. Thomas and Elizabeth Craig
Kogan Page, 2007
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Editorial Rating

7

Qualities

  • Applicable

Recommendation

You don’t need to be a genius to figure out that your company’s performance depends on your employees. But Peter Cheese, Robert J. Thomas and Elizabeth Craig maintain that having the right people is only part of the formula for achieving organizational affluence. They say good companies know how to get the most from their talented people and keep them motivated. The authors discuss the pivotal role of line managers in employee retention, performance and job satisifcation. They offer a thoughtful overview (if less generally original content) covering new findings in the field, including solid case histories and analyses of recent surveys and polls. getAbstract believes managers will find value in this thorough exposition of how to recruit, engage, guide and motivate talented staff members.

Summary

Making Talent a Priority

Your organization’s long-term growth and prosperity requires identifying the skills and attributes you need your employees to have, and then bringing the right individuals into the fold. Once you master those challenges, you need to take an additional step. Establishing and maintaining a competitive advantage depends on your ability to manage, develop, motivate and deploy your talented people. That is not so easy, especially when you consider how the business world is evolving.

Although the global workforce is diverse and expanding, particularly in China and India, the world’s talent pool is shrinking. One study indicates that the U.S. will fall short by 17 million skilled workers over the next 20 years as experienced baby boomers leave the workplace. The battle for talent is fierce and complicated. Younger employees can be more selective about their prospective employers. They can demand higher salaries, better benefits and an improved work-life balance. At the same time, they are less loyal and more likely to take advantage of the next great opportunity, even just a couple of years down the line.

Although a recent Gallup poll indicated...

About the Authors

Peter Cheese is managing director of an international consultancy’s “Human Performance” practice. Robert J. Thomas is executive director of the company’s performance training institute. Elizabeth Craig is a research fellow with the company.

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