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   Book Info

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The Talent Management Handbook: Creating Organizational Excellence by Identifying, Developing, and Positioning Your Best People  
Author: Lance A. Berger
ISBN: 0071414347
Format: Handover
Publish Date: June, 2005
 
     
     
   Book Review


Book Description

The Talent Management Handbook explains how organizations can identify and get the most out of “high-potential people” by developing and promoting them to key positions.

The book explains:

1. A system for integrating three human resources “building blocks”: organizational competencies, performance appraisal, and forecasting employee/manager potential

2. Six human resources conditions necessary for organization excellence

3. How to link your employee assessment process to career planning and development

The Talent Management Handbook will help you design career plans that boost employee morale, as well as create and sustain excellence in your organization. It is full of simple, efficient, easy-to-follow methods for assessing, planning, and developing high-value people to meet your organization’s current and future needs. And it will help you combine your organization’s diverse human resources activities into a single, cogent system.

Featuring best practices from leading companies as well as contributions from field experts who hold top positions in such leading HR consultancies as AON Consulting, The Hay Group, Hewitt Associates, Right Management Consulting. Sibson Consulting, and Towers Perrin, The Talent Management Handbook is an authoritative resource for creating and maintaining excellence in your organization through people management.


Book Info
Handbook explains how to align your company's people with the current and future needs of the organization by placing employees in positions that maximize their value. The authors identify three key steps to a human resources strategy.


From the Back Cover

The research has shown that, in most organizations, the infrastructure of human resources systems and processes is a jumble of unconnected, incomplete, and inconsistent methodologies. Senior executives and human resources practitioners understand the connection between organization excellence and effective people management. But most organizations, do not have a systemized approach for making this linkage--and it's hurting their business. The search for this linkage is over. The Talent Management Handbook reveals how to connect organizational excellence to people management by systematically identifying, keeping, developing and promoting the organization's best people.

Featuring the contributions of leading executives, human resources practitioners, and consultants, this book presents a comprehensive approach to talent management. You will learn the power of integrating your company's infrastructure of HR assessment, planning, and development tools into a single, cogent system. The Talent Management Handbook explains how to align your company's people with the current and future needs of the organization by placing employees in positions that maximize their value.

The authors identify three key steps to a human resources strategy that will drive your organization's success: 1.

Identify, select, and cultivate "Superkeepers"--the employees your organization can not afford to lose 2.

Locate and develop highly qualified backups for key positions, which are critical to organizational continuity 3.

Allocate resources to employees based on actual and/or potential contribution to organizational excellence

The book also explains how to build all your HR disciplines on the "building blocks" of organizational competencies, performance appraisal, and forecast of employee/manager potential. You'll discover how to enhance employee improvement through coaching, mentoring, constructive dialogue, and feedback from many organization levels. You'll also learn about powerful reward systems, that support different talent management strategies. The Talent Management Handbook explains how to create a talent management system that dramatically improves your organization's return on its HR investment, while increasing the overall performance and satisfaction of every member of your organization.

The Key to Organization Excellence is Managing Talent

The Talent Management Handbook explains how organizations can identify and hold onto their most valued employees, but also how to get the most out of "high-potential people" by developing them and promoting them to key positions.

The book explains: Three broad measures of organization excellence Six human resources conditions necessary for organization excellence A talent management system that links your employee assessment process to organizational and individual career planning and development activities

The Talent Management Handbook will help you to design career plans that will boost employee morale, as well as create and sustain excellence in your organization. It is full of simple, efficient, easy-to-follow methods for assessing, planning, and developing high- value people to meet your organization's current and future needs. And it will help you combine your organization's diverse human resources activities into a single, cogent system

Featuring best practices from leading companies as well as contributions from field experts who hold top positions in such leading HR consultancies as AON Consulting, The Hay Group, Hewitt Associates, Right Management Consulting, Sibson Consulting, and Towers Perrin, The Talent Management Handbook is the most authoritative resource for creating and maintaining excellence in your organization through people management.


About the Author

Lance A. Berger is a management consultant specializing in talent management, change management and compensation. A former general partner for the largest compensation practice worldwide at The Hay Group, he co-wrote and co-edited The Compensation Handbook. The Change Management Handbook, and Deengineering The Corporation. He has been a featured speaker at the United Nations, The Conference Board, American Management Association, and the American Compensation Association.

Dorothy R. Berger is a consultant in talent management. She co-edited The Compensation Handbook, Fourth Edition, The Change Management Handbook and Deengineering The Corporation. She is the editor for in-house newsletters and publications.




The Talent Management Handbook: Creating Organizational Excellence by Identifying, Developing, and Positioning Your Best People

FROM THE PUBLISHER

The Talent Management Handbook explains how organizations can identify and get the most out of ￯﾿ᄑhigh-potential people￯﾿ᄑ by developing and promoting them to key positions.

The book explains:

1. A system for integrating three human resources ￯﾿ᄑbuilding blocks￯﾿ᄑ: organizational competencies, performance appraisal, and forecasting employee/manager potential

2. Six human resources conditions necessary for organization excellence

3. How to link your employee assessment process to career planning and development

The Talent Management Handbook will help you design career plans that boost employee morale, as well as create and sustain excellence in your organization. It is full of simple, efficient, easy-to-follow methods for assessing, planning, and developing high-value people to meet your organization's current and future needs. And it will help you combine your organization's diverse human resources activities into a single, cogent system.

Featuring best practices from leading companies as well as contributions from field experts who hold top positions in such leading HR consultancies as AON Consulting, The Hay Group, Hewitt Associates, Right Management Consulting. Sibson Consulting, and Towers Perrin, The Talent Management Handbook is an authoritative resource for creating and maintaining excellence in your organization through people management.

SYNOPSIS

The research has shown that, in most organizations, the infrastructure of human resources systems and processes is a jumble of unconnected, incomplete, and inconsistent methodologies. Senior executives and human resources practitioners understand the connection between organization excellence and effective people management. But most organizations, do not have a systemized approach for making this linkage—and it's hurting their business. The search for this linkage is over. The Talent Management Handbook reveals how to connect organizational excellence to people management by systematically identifying, keeping, developing and promoting the organization's best people.

Featuring the contributions of leading executives, human resources practitioners, and consultants, this book presents a comprehensive approach to talent management. You will learn the power of integrating your company's infrastructure of HR assessment, planning, and development tools into a single, cogent system. The Talent Management Handbook explains how to align your company's people with the current and future needs of the organization by placing employees in positions that maximize their value.

The authors identify three key steps to a human resources strategy that will drive your organization's success: 1.

Identify, select, and cultivate "Superkeepers"—the employees your organization can not afford to lose 2.

Locate and develop highly qualified backups for key positions, which are critical to organizational continuity 3.

Allocate resources to employees based on actual and/or potential contribution to organizational excellence

The book also explains how to build all your HR disciplines on the "building blocks" of organizational competencies, performance appraisal, and forecast of employee/manager potential. You'll discover how to enhance employee improvement through coaching, mentoring, constructive dialogue, and feedback from many organization levels. You'll also learn about powerful reward systems, that support different talent management strategies. The Talent Management Handbook explains how to create a talent management system that dramatically improves your organization's return on its HR investment, while increasing the overall performance and satisfaction of every member of your organization.

The Key to Organization Excellence is Managing Talent

The Talent Management Handbook explains how organizations can identify and hold onto their most valued employees, but also how to get the most out of "high-potential people" by developing them and promoting them to key positions.

The book explains: Three broad measures of organization excellence Six human resources conditions necessary for organization excellence A talent management system that links your employee assessment process to organizational and individual career planning and development activities

The Talent Management Handbook will help you to design career plans that will boost employee morale, as well as create and sustain excellence in your organization. It is full of simple, efficient, easy-to-follow methods for assessing, planning, and developing high- value people to meet your organization's current and future needs. And it will help you combine your organization's diverse human resources activities into a single, cogent system

Featuring best practices from leading companies as well as contributions from field experts who hold top positions in such leading HR consultancies as AON Consulting, The Hay Group, Hewitt Associates, Right Management Consulting, Sibson Consulting, and Towers Perrin, The Talent Management Handbook is the most authoritative resource for creating and maintaining excellence in your organization through people management.

FROM THE CRITICS

Soundview Executive Book Summaries

Best Practices From Leading Organizations
Human resources systems and processes can be difficult to connect into a complete and consistent methodology. To offer senior HR executives and practitioners a systemized approach for linking organizational excellence and effective employee management, talent management consultants Lance and Dorothy Berger have compiled contributions from many experts into a complete guide to talent management. The Talent Management Handbook describes the best ways to create a successful talent management system that can improve an organization's return on HR investment, as well as the performance and satisfaction of its employees.

Keepers and Superkeepers
The Talent Management Handbook helps organizations create and maintain excellence through proactive talent management. Drawing on their extensive research and consulting assignments, the Bergers have identified three key steps to a complete human resources strategy that can drive an organization to sustainable success. These three strategies for managing human resources are: Identify, select and cultivate "Superkeepers" - the employees your organization cannot afford to lose. These Superkeepers are those who have demonstrated superior performance, who have inspired others to achieve superior performance, and who embody the organization's core competencies. Typically, no more than 3 percent to 5 percent of an organization's work force are classified as Superkeepers. Locate and develop highly qualified backups for key positions, which are critical to organizational continuity. Key positions cannot be vacant for any length of time nor can they have less than a highly qualified, readily available backup. Typically, no more than 8 percent to 12 percent of an organization's positions are classified as key. Allocate training resources to employees based on actual and/or potential contribution to organizational excellence. An organization must invest in employees based on a clear hierarchy of contribution. After Superkeepers, the hierarchy of investment includes Keepers. These employees exceed performance expectations, help others to improve their performance, and exceed expectations in demonstrating the organization's core competencies.

A Comprehensive Approach
The Talent Management Handbook is divided into seven parts, the first of which offers the Bergers' comprehensive approach to managing an organization's employees. It tackles the difficult task of integrating the various assessment, planning and implementation elements of talent management into a single approach that addresses each of the three human resources strategies. By outlining the external talent management forces that can impact the management of talent, the authors describe each talent management component in detail.

Building Blocks
The remaining parts of the book, with chapters by different contributors, focus on the building blocks of talent management: assessment tools that are used to build a talent management plan and create a basis for talent development. These building blocks include organizational competencies, performance appraisals, and forecasts of employee potential. The authors point out that these building blocks are essential for the accurate placement of employees and identifying who is a Keeper, a Superkeeper, a Solid Citizen, or a Misfit.

The Talent Management Handbook also handles diversity issues; improving employees' capabilities; and the effective distribution of career development, coaching and rewards.

Based on research conducted by Lance A. Berger's & Associates, Ltd., the Bergers describe how successful organizations systematically managed their human resources to meet these six human resources conditions: A performance-oriented culture. Low turnover (especially in premium employee groups). High levels of employee satisfaction. A cadre of qualified replacements. Effective investment in employee compensation and development. The use of institutional competencies in employee selection and performance evaluation processes.

Why We Like This Book
The Talent Management Handbook shows human resources practitioners how they can commit to excellence and recognize the importance of the drivers of success, and provides the tools and methods that can help them do it. By presenting a structure for the development of high-caliber talent, the Bergers, with the help of the book's contributors, have constructed a useful process for creating and enhancing an infrastructure of human resources systems and processes that can lead any organization to success through effective people management. Copyright © 2004 Soundview Executive Book Summaries

     



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