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Reinventing Talent Management: How to Maximize Performance in the New Marketplace

ISBN: 978-0-470-52635-4
256 pages
August 2009
Reinventing Talent Management: How to Maximize Performance in the New Marketplace (0470526351) cover image
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

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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.

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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.
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