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The Talent Era: Achieving a High Return on Talent (Financial Times (Prentice Hall))
 
 
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The Talent Era: Achieving a High Return on Talent (Financial Times (Prentice Hall)) [Hardcover]

Subir Chowdhury (Author)
3.3 out of 5 stars  See all reviews (3 customer reviews)


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Hardcover, December 17, 2001 --  

Book Description

December 17, 2001 Financial Times (Prentice Hall)
This revolutionary approach to business management shows how to make the most of the world's most unrecognized corporate resource: talent. Talented people aren't simply "knowledge workers," and organizations who want to leverage their talents need to recognize what's unique about them. In this book, Subir Chowdhury shows why talent is the true engine of the next economy, reveals the seven key secrets of talent, and gives organizations a powerful new blueprint for recognizing, rewarding, and making the most of talent. Chowdhury shows managers how to measure "Return on Talent" -- and how to enhance it. He also shows talented individuals exactly how to maximize their own talents -- and maximize the value their enterprises place on those talents. For all managers who wants to make the most of their teams -- and for every talented individual who wants to make the most of their talents.

Editorial Reviews

Review

"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.

From the Back Cover

Talent is the true engine of the next economy.

Talented people aren't simply "knowledge workers": they're free agents, capable of bringing enormous value to the organizations they are part of. And they know it.

Organizations who want to maximize the value of talent need to act in radically new ways. In this book, world-renowned quality strategist Subir Chowdhury presents a powerful new blueprint for recognizing talent, rewarding it, and making the most of it.

Chowdhury reveals the seven key secrets of talent, then shows managers exactly how to measure Return on Talent (ROT)—and exactly how to enhance it. He also shows talented individuals exactly how to maximize their own talents—and maximize the rewards those talents can earn.

Why talents so often go unrecognized
Overcoming obsolete metrics, reward systems, and mindsets
It's not just money
Competitive salaries are only one part of the solution
Leading talented people
The new role of managers in the talent-driven organization
7 great ways to leverage talent
Magnifying the value of your best people
Introducing the "Talent Scorecard"
Quantifying talent—so you can identify, recruit, retain, and nurture it
Encouraging managers to encourage talent
What managers do when they are threatened by talent

Maximizing your #1 marketplace differentiator: talented people.

  • The 7 secrets of talent
  • The new talent value chain
  • The talent scorecard: measuring and enhancing ROT
  • Breakthrough approaches to recognizing and rewarding talent
  • Optimizing your own talents—and reaping the rewards!

Talented people are the lifeblood of the profitable, innovative enterprise.

Talented people have choices. They can go anywhere. They're free agents—no less than ballplayers or movie stars.

This book is about helping you attract them. Keep them. And make the most of them.

World-renowned quality strategist Subir Chowdhury presents a complete strategy for leveraging talent to increase business value. Chowdhury focuses on the real issues facing organizations seeking to utilize talent more effectively. You'll discover why there's more to attracting talent than inflating salaries, how managers handle talented subordinates, how to measure the value of talent and ROT, and much more.

From start to finish, The Talent Era gives you the tools you need to maximize your #1 marketplace differentiator: talent.

ADVANCE PRAISE for The Talent Era

"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

Best-selling Author, 1001 Ways to Reward Employees, Please Don't Just Do What I Tell You! Do What Needs to Be Done

"People are the most important resource of any organization. Recruiting, developing and keeping talented people is a formula for success. Chowdhury provides the leader with a special insight into the whys and how to of accomplishing this important task." -----C. William Pollard

Chairman, The ServiceMaster 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

"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 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 Knowldege 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

"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 Chairman-emeritus, Tom Peters Company

"Attracting and retaining talent is the most important issue for business leaders today. Chowdhury's book identifies intelligent responses to these daunting organizational challenges. Those organizations 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 and Associates, Inc.

"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 maximizing 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

Best-selling Author, Teaching the Elephant to Dance and Flight of the Buffalo

"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." -----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


Product Details

  • Hardcover: 224 pages
  • Publisher: Financial Times Prentice Hall (December 17, 2001)
  • Language: English
  • ISBN-10: 0130410403
  • ISBN-13: 978-0130410405
  • Product Dimensions: 7.6 x 5.2 x 0.9 inches
  • Shipping Weight: 12.6 ounces
  • Average Customer Review: 3.3 out of 5 stars  See all reviews (3 customer reviews)
  • Amazon Best Sellers Rank: #3,931,033 in Books (See Top 100 in Books)

More About the Author

Subir Chowdhury is Chairman and CEO of ASI Consulting Group, LLC-- a world authority in Quality leadership, strategy and methods. Hailed by The New York Times as a 'leading quality expert', and by Business Week as 'The Quality Prophet', Subir is the author of 12 books, including the international bestseller The Power of Six Sigma, which has been translated into more than 20 languages and has sold more than a million copies worldwide. Subir's Design for Six Sigma (DFSS) is the first book on the topic and is credited with popularizing the DFSS philosophy worldwide. His latest book titled The Ice Cream Maker has been praised by leaders and media alike and has been distributed to every member of the U.S. Congress. Subir's latest organizational transformation philosophy, LEO, has been implemented and is being used by various organizations and industries.

Subir has received numerous international awards for his leadership in quality management and his major contributions to various industries worldwide. He is an honorary member of the World Innovation Foundation (WIF) and has been inducted into the Hall of Fame for Engineering, Science and Technology and Automotive Hall of Fame. He is the recipient of the Society of Manufacturing Engineers' Gold Medal, the Society of Automotive Engineers'(SAE) Henry Ford II Distinguished Award for excellence in Automotive Engineering and the American Society of Quality's first Philip Crosby Medal for authoring the most influential book on Quality. Subir has been twice honored by the U.S. Congress on the Floor of House of Representatives and the U.S. government presented him the 'Outstanding American by Choice Award' for his enormous contributions in the field of quality and management.

Subir received an undergraduate degree from the Indian Institute of Technology (IIT), Kharagpur, India, a graduate degree from Central Michigan University (CMU), and an honorary doctorate in engineering from the Michigan Technological University (MTU). Both IIT and CMU honored Subir with their Distinguished Alumnus Award.

The London School of Economics (LSE) has established the 'Subir Chowdhury Fellowship on Quality and Economics' to be given to a post doctoral Fellow each year to study the impact of poor quality in the advancement of economics of a nation, which is the first of its kind in the world. The SAE International has established the 'Subir Chowdhury Medal of Quality Leadership' to be given each year who bring forth innovation and broaden the impact of quality in mobility engineering, design and manufacturing. His philanthropic interest is evidenced through the Subir & Malini Chowdhury Foundation, which brings focus on the needs of society and those less fortunate in the world. Subir lives with his family in Bloomfield Hills, Michigan.


Please visit - www.subirchowdhury.com

 

Customer Reviews

3 Reviews
5 star:
 (1)
4 star:    (0)
3 star:
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2 star:
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Average Customer Review
3.3 out of 5 stars (3 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

3.0 out of 5 stars Excellent effort, April 20, 2004
By 
M. Nabeel (Corona, CA United States) - See all my reviews
(REAL NAME)   
This review is from: The Talent Era: Achieving a High Return on Talent (Financial Times (Prentice Hall)) (Hardcover)
Altogether this is an excellent effort made by Chowdhary. The starting is owesome. I think at some places the author failed to convey the thought which was in his mind. Due to this sometime the reader gets bored and looses intrest. Also way too much mentioning of his native country which is not really a bad idea but it made the said topic irrelavant. I would say the Book returned 50% of what it was intended to do.
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2.0 out of 5 stars Okay, but nothing special, February 26, 2004
By 
Jeremy Hutorns (San Francisco, CA) - See all my reviews
This review is from: The Talent Era: Achieving a High Return on Talent (Financial Times (Prentice Hall)) (Hardcover)
Mr. Chowdhury's writing is quite dry and I didn't get much out of reading this book. I was quite disappointed after hearing so much from others.
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2 of 4 people found the following review helpful:
5.0 out of 5 stars Awesome Book!!! Talent is critical for business success!!!, December 29, 2001
By A Customer
This review is from: The Talent Era: Achieving a High Return on Talent (Financial Times (Prentice Hall)) (Hardcover)
I read Chowdhury's previous bestselling book THE POWER OF SIX SIGMA in which he explained complex topic like Six Sigma in entaining way. And one of the important element of Six Sigma as Chowdhury explained "PEOPLE POWER". His latest book "THE TALENT ERA" reemphasizes the power of talented people to any type or size of organizations.

If you want to read only one business book this year, BUY this book and READ each chapter very carefully. Each chapter presents NEW and INNOVATIVE IDEAS in the field of Talent management. Chowdhury's "7 SECRETS of Talent" is a MASTERPIECE Chapter I read in a business book after a long time - it is INSPIRATIONAL. This book should be in every manager's reading list in this economic turbulant time. As managers want to CUT people during tough time, but Chowdhury argues that PEOPLE is the MOST IMPORTANT ASSET of an organization and make sure that you are not getting rid of TALENTED PEOPLE. Chowdhury's theory of RETURN ON TALENT and The Talent Scorecard are very powerful and fresh in management literature plus it is practical.

I strongly recommend this book to everyone.

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Inside This Book (learn more)
First Sentence:
We are living in a time when talented people - many of them represented by powerful agents, attorneys, professional associations, or unions - dominate in business, as they have for the past four decades in athletics and entertainment. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
people quality management, talent track, satisfaction measurement system, intangible knowledge, innovation institute, retaining talent, idea bank, identification tool
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Six Sigma, Talent Management System, Michael Dell, General Electric, Jack Welch, Michael Jordan, Time Warner, Bill Gates, Taco Bell, United States, Steve Jobs, Anita Roddick, Larry Bossidy, Talent Action Response System
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Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
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