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Beyond HR: The New Science of Human Capital 0th Edition

4.3 out of 5 stars 9 customer reviews
ISBN-13: 978-1422104156
ISBN-10: 142210415X
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Editorial Reviews

Review

“…provides a solid framework to help HR professionals move their careers, and organizations, in the right direction.” (Canadian HR Reporter 2007-10-08)

From the Back Cover

Does your talent strategy give your organization a unique advantage? It had better-because the competition is heating up. How to leave rival companies scrambling? Think more strategically about your company’s number-one resource: its people. Do so, and you improve the quality of every decision that hinges on human capital-no matter where in your organization such decisions are made.

In Beyond HR: The New Science of Human capital, John Boudreau and Peter Ramstad show you how to do this through a new decisions science-talentship. Through talentship, you move far beyond merely reactive mind-set of planning and budgeting for headcount and hiring and retaining talent. You take a strategic approach to talent by asking savvier questions, including:

  • Do we know where our pivotal talent is in the organization?
  • Do we invest differentially in our most pivotal-or do we use the “peanut butter” approach, spreading investments evenly across the entire company?
  • Where does our business strategy require that our talent pools would have to change the most?
  • If we changed our strategic goals, which of our talent pools would have to change the most?
  • Using examples from companies as wide-ranging as Disney, Boeing, SAS, Starbucks, and Corning, the authors reveal how HR professionals can extend their influence by making talent decisions strategically. And they draw on leading research in strategy, economics, and organizational theory to provide a compelling new vision for HR’s role in the future.

    The payoff for smarter choices about human capital? You extend your focus from the quality of your talent decisions. You accelerate the maturing of the human resource profession from a practice to a decisions science. And you enable your HR function to realize its true potential as a key source of strategic advantage for your firm.

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    Product Details

    • Hardcover: 272 pages
    • Publisher: Harvard Business Review Press (June 19, 2007)
    • Language: English
    • ISBN-10: 142210415X
    • ISBN-13: 978-1422104156
    • Product Dimensions: 6.4 x 1 x 9.6 inches
    • Shipping Weight: 12.8 ounces (View shipping rates and policies)
    • Average Customer Review: 4.3 out of 5 stars  See all reviews (9 customer reviews)
    • Amazon Best Sellers Rank: #731,403 in Books (See Top 100 in Books)

    Customer Reviews

    Top Customer Reviews

    By Rolf Dobelli HALL OF FAMETOP 1000 REVIEWER on December 4, 2007
    Format: Hardcover
    John W. Boudreau and Peter M. Ramstad say that companies need to transform their human resource (HR) function into a strategic resource, and compete for talent using HR as a "decision science." The tactical skill they call "talentship" is a management approach that enables firms to understand the strategic nature of their employee base and to build value through the way they handle people. Using their human capital decision-making framework ("HC BRidge") and examples from companies as diverse as Disney, McDonalds, Boeing and Williams-Sonoma, they explain that leaders inside and outside of HR must be aware of their competitive talent "pivot points." Though on the dry side, this targeted book will give you a more energetic vision of what HR can become. We recommend it to HR professionals who want a practical, actionable framework for implementing talent-oriented ideas.
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    Format: Hardcover
    Applies business discipline to traditional HR functions in innovative ways, following a framework that lets you focus on managing pivotal talent in your organization. How to work through the logic layer and analyze your organization's business strategy to gain talent insights, before ever looking at a metric. If you think attrition metrics are valuable, your eyes will be opened to the vast possibilities you're not yet seeing. Beyond HR is the inevitable future, the question is whether you'll be leading, following, or left behind.
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    Format: Hardcover
    This book will change your thinking about managing "human resources." It's a must read for anyone making decisions that involve or impact people in an organization. The framework provides a very practical and usable tool to guide organizational decisions aimed at creating value through people, and the real world examples bring the framework to life. Again, anyone faced with managing human capital -- HRM professionals, organizational leaders, line managers, and consultants -- would benefit from reading this book.
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    Format: Hardcover
    This is one the most complex book I have ever read on HR. This was recommended by my Prof. from IIM L – Prof. Koomar. Thanks sir for recommending this book.
    Beyond HR provides a framework for better assessing human capital and maximizing its value. It also shows how organizations can uncover distinctive talent contributions, strategically differentiate their HR 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.
    Beyond HR presents a unique framework that 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.
    The typical HR department shows up on a company balance sheet as a cost, while the tangible benefits it provides elude traditional accounting methods. The authors focus on the “pivot points” at which a firm’s strategic mission hinges on talent to evoke HR’s real value. Disney, for example, vests more resources in hiring and training theme park sweepers than in developing the actors who portray its animated characters.
    The range between the best and worst Mickey Mouse impersonator is narrower than that between the best and worst sweeper. Sweepers keep the park clean, but provide their primary value by assisting visitors. Such value resists formal quantifying, but investing in these staffers pays big dividends for Disney.
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    Format: Kindle Edition Verified Purchase
    I have read numerous books about talent strategy which focus on having a process, i.e. workforce planning, acquisition, development, etc. What they lack is an approach to making tradeoff decisions about where to invest. Beyond HR gave me a useful framework which ultimately led to a draft talent strategy for our company.

    The concepts are dense and it took me literally three reads through some sections before I could apply it.
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