Beyond HR: the new science of human capital

Unknown author(s)

Choice Reviews Online · 2007 · 421 citations · 0 references

Concepts

TL;DR

Competition for top talent makes talent strategy a potential competitive advantage for companies. The study demonstrates how organizations can uncover distinctive talent contributions, differentiate practices, and allocate talent to create value. The authors present Talentship, a decision‑science framework illustrated with Disney, Boeing, and Corning, that identifies strategic pivot points and links them to optimal talent and organizational decisions.

Abstract

Is your talent strategy a unique competitive advantage? As competition for top talent increases, companies must recognize that decisions about talent and its organization can have a significant strategic impact. Beyond shows how organizations can uncover distinctive talent contributions, strategically differentiate their practices and metrics, and more optimally allocate talent to create value. Illustrations from companies such as Disney, Boeing, and Corning describe a new decision science called Talentship, that reveals opportunities by identifying strategy pivot points and the optimal talent and organization decisions that address them. A unique framework helps readers identify their own distinctive strategic pivot points and connect them to talent decisions, showing how today's HR can evolve to fulfill its potential as a source of strategic advantage.