The Talent Era

The Talent Era : Achieving a High Return on Talent

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Talent rules! Talent is a company's most important asset. This book shows why talent must be managed to generate maximum profits for the organization. The Talent Era presents a complete strategy for leveraging talent to maximize business value. Author Subir Chowdhury helps you discover how to measure talent and explains why there's more to attracting talent than raising salaries. He also discusses how managers handle talented subordinates, how to measure the value of talent, and much more.show more

Product details

  • Hardback | 224 pages
  • 132.6 x 193.5 x 22.9mm | 358.34g
  • Pearson Education (US)
  • FINANCIAL TIMES PRENTICE HALL
  • Upper Saddle River, United States
  • English
  • 0130410403
  • 9780130410405

Table of contents

Introduction: Welcome to the Talent Era. Not Just Sports and Entertainment Anymore. The Effects of Free Agency. The Impact of Unions. The End Game. What Do We Mean by "Talents"? Why This Book?1. The Talent Value Chain. Talent Breeds Innovation. Five Links in the Idea-Talent Chain. Five Ways to Create Value. The IDEA Value Cycle.2. Winning the Creative War. Talent and Environment. Winning by Leveraging Talent. Talent to Meet the Competition. Talent Is Key in Mergers. Continuous Development Cycle. On-Time Obsolescence.3. Talent: Engine of the New Economy. Talent Creates. Talented Leaders Win. Seven Differences between Talents and Knowledge Workers. How Can Knowledge Workers Become Talents? People Quality Management (PQM). The Power of Mind: Positive Thinking.4. The Elements of a Talent-Friendly Organization. Talent Satisfaction Measurement System. Organizational Management System. Talent As Customer, Talent As Supplier. Compensation. Summary.5. Talent Management System. Four Elements of the TMS. Benefits of the TMS. Attracting Talents. Keeping Talents. Managing Talents. Identifying Talents. The Challenges of TMS. Summary.6. The Growth Rule. Positive Challenge. Grass-Roots Education. Cross-Functional Capability. Support for Change. Seven Laws of Fusion of Talents. Launching an Idea Bank.7. Talent Development Budget. Value-Driven Cost Structure. Contingency Plan for Talents. The Power of Developing Talent. Summary.8. Return on Talent. Knowledge Generated and Applied. Investment in Talent. ROT Measurement. Three Examples of Calculating ROT. Optimize ROT.9. The Seven Secrets of Talent. 1. Search for the Dream. 2. Evaluate Your Strengths and Weaknesses. 3. Cultivate Discipline and Determination. 4. Render Ideas and Actions Inseparable. 5. Embrace Positivity. 6. Take a Never-Give-Up Attitude. 7. Show a "Next" Mentality. Example of the Talent SECRETS: Michael Jordan.Bibliography.Acknowledgments.Index.About the Author.show more

Review quote

"You may not think of yourself as "talent" someone deserving of all the attention that those superstars get. After you read Subir Chowdhury's The Talent Era you'll change your mind. Everyone of us is gifted in some way, and everyone of us will find Chowdhury's messages extraordinarily beneficial in developing our careers and in living our lives. Organizational leaders must take Chowdhury's lessons to heart. Organizations will soar when every employee is treated the way Chowdhury convincingly argues they should be. This book is profoundly important to moving beyond present challenges and creating organizations that are alive with creativity, energy, and enthusiasm."James M. Kouzes, Co-author The Leadership Challenge and Chairman-emeritus, Tom Peters Company"In times of crisis, managing a meritocracy is critical. A company must have the best talent, and it must rise to the top. Chowdhury's The Talent Era tells just how to make that happen." James Champy,Chairman of Consulting, Perot Systems , Co-author, Reengineering the Corporation"It is not very often that a book comes along that shakes your assumptions about people management and how it works. Subir Chowdhury's The Talent Era is that kind of book: powerful and brilliant. At a time when Talent is the scarcest and most costly resource for most organizations, this book provides insights as to how you can maximize your investment and potential in your people. All managers and leaders should read this book!" Bob Nelson, Author of 1001 Ways to Reward Employees, and Please Don't Just Do What I Tell You! Do What Needs to Be Done"This is an extraordinarily valuable book. Chowdhury does an amazing job of spelling out how to handle the biggest challenge facing all managers these days: getting, keeping and maximizng the value of talented people. His simple, easy to follow, common-sense but not common-practice ideas are pure gold. This is must reading for any leader in any organization." James A. Belasco, Ph.D., Best-selling Author, Teaching the Elephant to Dance, Flight of the Buffalo, Soaring with the Phoenix, Ten Commandments of Success. Executive Director, Financial Times Knowledge Dialogue "Subir Chowdhury has hit the nail on the head with this book that focuses on the value of talent in any organization today. Management has always had to deal with talented people, but heretofore, they have been focusing on how to keep such talented individuals from causing too much disruption to the rest of the organization. Today, our focus needs to be more on how to move the rest of the organization to benefit from such constructive disruption, which is necessary in today's fast-changing and competitive environment."J. D. Power III Chairman and Founder, J. D. Power and Associates"Subir Chowdhury's The Talent Era is a 'must read' for any human resource professional or line manager who is challenged by the talent issues in the workplace. Chowdhury explains, in a most 'make sense' way, the essential ingredients for recognizing, rewarding, and utilizing talent in today's economy. This book is a critical manual for remaining competitive in the marketplace."Dr. Beverly Kaye ,President and Founder, Career Systems International, Co-Author, Love'em or Lose'Em: Getting Good People to Stay "The Talent Era does what no one has done before - quantify, measure and place an analytic and financially recognizable process onto the subjective and vague subject of Talent. Subir Chowdhury has done it again - a must-have for any company on the cutting edge of innovation".Larraine Segil, Author, Intelligent Business Alliances and FastAlliances: Power your E-business" "People are the most important resource of any organisation. Recruiting, developing and keeping talented people is a formula for success. Chowdhury provides the leader with a special insight inhto the whys and how to of accomplishing this important task."C. William Pollard, Chairman, The ServiceMaster Company (7.7 billion dollar company)"Subir Chowdhury has done it again! The Talent Era confirms Chowdhury is one of the most practical thought leaders in business today. The Talent Era is the guidebook for talent management in our new world."Marshall Goldsmith, Co-Founder, Financial Times Knowledge Dialogue, Co-Editor, The Leader of the Future and Coaching for Leadership. Named one of Forbes' five top executive coaches and a Wall Street Journal "Top 10" executive educator."Attracting and retaining talent is the most important issue for business leaders today. Chowhury's book identifies intelligent responses to these daunting organisational challenges. Those organisations valuing and respecting 'human capital' will have a vast head start in creating cultures that can withstand the turmoil of today's chaotic and unpredictable economy."Stuart R.Levine, Chairman & CEO, Stuart Levine & Associates LLC, Former CEO, Dale Carnegie & Associates Inc.show more

About Subir Chowdhury

SUBIR CHOWDHURY is Executive Vice President of the American Supplier Institute headquartered in Livonia, Michigan. Hailed by the New York Times as a "leading quality expert," Chowdhury's most recent international best-selling books include The Power of Six Sigma and Management 21C: Someday We'll All Manage This Way. His work is frequently cited in the national and international media. Chowdhury lives with his wife, Malini, and daughter, Anandi, in Novi, Michigan.Contact Subir Chowdhury at subir@amsup.comVisit www.amsup.comshow more