The Art of War for Talent. How Companies Can Gain a Competitive Advantage by Fostering a Culture of Intrinsic Motivation and Meaningful Work

The Art of War for Talent. How Companies Can Gain a Competitive Advantage by Fostering a Culture of Intrinsic Motivation and Meaningful Work
Author: Niklas Baier
Publisher: GRIN Verlag
Total Pages: 76
Release: 2020-04-23
Genre: Business & Economics
ISBN: 3346153517

Bachelor Thesis from the year 2019 in the subject Review of Business Studies, grade: 1.3, Technical University of Munich (TUM School of Management, Chair for Management Accounting), language: English, abstract: The bachelor thesis combines theories, literature, lab and field experiments, event studies from the industry, and its very own empirical research to argue from both, a strategic as well as a financial perspective, that an inimitable organizational culture of intrinsic motivation and meaningful work may constitute a source of competitive advantage within the War for Talent. The thesis strives at highlighting the importance for firms to adapt to the newly emerged competitive environment that the ongoing War for Talent has created by considering their people as their most valuable asset for the success of the organization, as already hinted at throughout "The Art of War" by Sun Tzu in 500 BC; hence the reference in the title of this thesis. After a brief review of the circumstances that led to the emergence of the War for Talent and first implications for the industry, it is argued from a strategic perspective why motivated talent depicts the key resource for competitive advantage and why conventional extrinsic incentive measures aimed at maximizing productivity are no longer effective. Afterwards, a proposition will be made of how capitalizing on intrinsic motivation, human’s inner drive to accomplish inherently interesting and challenging tasks, fostered through a framework of meaningful work, might be the decisive driver to get ahead in the quest for talent. A second string of argumentation draws a connection between meaningful work and superior financial performance. This proposition is then tested by an empirical analysis, comparing the financial performance of publicly traded companies featured on the 2017 Fortune 100 Best Companies to Work For list against a control portfolio and the broad market, confirming significant differences for cumulative stock returns.

Talent Chooses You

Talent Chooses You
Author: James Ellis
Publisher:
Total Pages: 328
Release: 2020-06-03
Genre:
ISBN:

If you want your business to grow, you need to be able to rely on your ability to hire talent reliably and consistently. No talent pipeline? No growth, and no business. But your recruiting team is drowning (I asked them). They need help. Now, if you ask recruiters, they will ask for headcount. Or more technology. But more bodies and more tools won't solve the issue (though it will eat up your budget). What you need a is a better strategy. And that strategy is called employer branding.Employer branding is about understanding, distilling and communicating what your company is all about in order to attract all the talent you need. That will differentiate your company as a place where people will want to work, rather than a place they land because they didn't know better.If you've heard about employer branding in business magazines, it might seem like something only "big companies" can do. Something that requires a dedicated team, expensive platforms, or a bunch of consultants. That isn't true. If you understand where your brand comes from, and how to apply it, any company (especially yours) can hire better with it.And this book will teach you how to do all of that, and then some.In this book, you'll learn what employer branding really is, how to make a compelling argument internally to leadership that creates commitment, how to work with other teams and be creative in finding solutions. As a special bonus, we are including a handbook on how to work with recruiting teams. This hands-on workbook is chock full of examples, checklists, step-by-step instructions and even emails you can copy and paste to make things happen immediately.

The Truth about Talent

The Truth about Talent
Author: Jacqueline Davies
Publisher: John Wiley & Sons
Total Pages: 272
Release: 2010-10-12
Genre: Business & Economics
ISBN: 0470662379

Key themes in the book are: 1. The need to revaluate how people contribute and create value in today's economy – it is about knowledge, innovation and relationships today rather than executive potential tomorrow. 2. Challenging the conventional wisdom that talent refers to a 'special few' rather than the 'vital many'. Perhaps we don't have enough because we keep looking in the wrong places and doing the wrong things? 3. Conditions facing organizations are tough and competitive and markets are turbulent. To withstand this, we need to build talented organizations and talented individuals. 4. Interdependence between people within and across organizations is critical. The way that each individual relies on each other and how talent is realised through social and team ties makes a decisive, defining difference. 5. Individuals control when and who their potential is shared with. The idea that an organization can manage talent and potential is an outdated conceit. 6. The nature of work itself matters hugely. The extent to which it is stimulating and engaging – and how people can make the connection with what they do and the wider difference it makes – is vital. 7. The way talent is generated is affected by the whole 'ecology' of an organization – its sense of purpose, rituals, the behaviour of its leaders, how it hires and how it fires people all influence the way talent is generated.

Hidden Value

Hidden Value
Author: Charles A. O'Reilly
Publisher: Harvard Business Press
Total Pages: 314
Release: 2000
Genre: Business & Economics
ISBN: 9780875848983

The authors provide vivid, detailed case studies of several organizations to illustrate how long-term success comes from value-driven, inter-related systems that align good people management with corporate strategy.

It's Not the how Or the what But the who

It's Not the how Or the what But the who
Author: Claudio Fernandez Araoz
Publisher: Harvard Business Press
Total Pages: 256
Release: 2014
Genre: Business & Economics
ISBN: 1625271522

Succeed by mastering the art of the who Why surround yourself with the best? Because it matters--in all aspects of life. In fact, in professional environments, getting people right--what global leadership authority Claudio Fernáaacute;ndez-Aráoz calls "the art of great 'who' decisions"--marks the difference between success and failure. To thrive, you need to identify those with the highest potential, get them in your corner and on your team, and help them grow. Yet surprisingly very few of us are able to meet that challenge. This series of short and engaging essays outlines the obstacles to great "who" decisions and offers solutions to address them in a systematic way. Drawing from several decades of experience in global executive search and talent development, as well as the latest management and psychology research, Fernández-Aráoz offers wisdom and practical advice to improve the choices we make about employees and mentors, business partners and friends, top corporate leaders and even elected officials. The personal stories and cutting-edge studies described in the book will help you understand both your own failings and the external forces commonly at play in staffing decisions. The author shares concrete recommendations on how to select the best people, bring out their strengths, foster collective greatness in the groups you've assembled, and create not only better organizations but also a better society. Starting with the cases of Amazon pioneer Jeff Bezos and Brazilian tycoon Roger Agnelli and continuing with individual and corporate examples from around the world, Fernández-Aráoz paints a vivid picture of what great "who" decisions look like and presents a fresh and commanding argument about why they matter more than ever today.

The Oxford Handbook of Talent Management

The Oxford Handbook of Talent Management
Author: David G. Collings
Publisher: Oxford University Press
Total Pages: 609
Release: 2017
Genre: Business & Economics
ISBN: 0198758278

The Oxford Handbook of Talent Management offers academic researchers, advanced postgraduate students, and reflective practitioners a state-of-the-art overview of the key themes, topics, and debates in talent management. The Handbook is designed with a multi-disciplinary perspective in mind and draws upon perspectives from, inter alia, human resource management, psychology, and strategy to chart the topography of the area of talent management and to establish the base of knowledge in the field. Furthermore, each chapter concludes by identifying key gaps in our understanding of the area of focus. The Handbook is ambitious in its scope, with 28 chapters structured around five sections. These include the context of talent management, talent and performance, talent teams and networks, managing talent flows, and contemporary issues in talent management. Each chapter is written by a leading international scholar in the area and thus the volume represents the authoritative reference for anyone working in the area of talent management.

The Open Organization

The Open Organization
Author: Jim Whitehurst
Publisher: Harvard Business Press
Total Pages: 246
Release: 2015
Genre: Business & Economics
ISBN: 1625275277

Based on open source principles of transparency, participation, and collaboration, "open management" challenges conventional business ideas about what companies are, how they run, and how they make money. This book provides the blueprint for putting it into practice in your own firm. He covers challenges that have been missing from the conversation to date, among them: how to scale engagement; how to have healthy debates that net progress; and how to attract and keep the "Social Generation" of workers. Through a mix of vibrant stories, candid lessons, and tested processes, Whitehurst shows how Red Hat has blown the traditional operating model to pieces by emerging out of a pure bottom up culture and learning how to execute it at scale. And he explains what other companies are, and need to be doing to bring this open style into all facets of the organization.

The Fearless Organization

The Fearless Organization
Author: Amy C. Edmondson
Publisher: John Wiley & Sons
Total Pages: 181
Release: 2018-11-14
Genre: Business & Economics
ISBN: 1119477263

Conquer the most essential adaptation to the knowledge economy The Fearless Organization: Creating Psychological Safety in the Workplace for Learning, Innovation, and Growth offers practical guidance for teams and organizations who are serious about success in the modern economy. With so much riding on innovation, creativity, and spark, it is essential to attract and retain quality talent—but what good does this talent do if no one is able to speak their mind? The traditional culture of "fitting in" and "going along" spells doom in the knowledge economy. Success requires a continuous influx of new ideas, new challenges, and critical thought, and the interpersonal climate must not suppress, silence, ridicule or intimidate. Not every idea is good, and yes there are stupid questions, and yes dissent can slow things down, but talking through these things is an essential part of the creative process. People must be allowed to voice half-finished thoughts, ask questions from left field, and brainstorm out loud; it creates a culture in which a minor flub or momentary lapse is no big deal, and where actual mistakes are owned and corrected, and where the next left-field idea could be the next big thing. This book explores this culture of psychological safety, and provides a blueprint for bringing it to life. The road is sometimes bumpy, but succinct and informative scenario-based explanations provide a clear path forward to constant learning and healthy innovation. Explore the link between psychological safety and high performance Create a culture where it’s “safe” to express ideas, ask questions, and admit mistakes Nurture the level of engagement and candor required in today’s knowledge economy Follow a step-by-step framework for establishing psychological safety in your team or organization Shed the "yes-men" approach and step into real performance. Fertilize creativity, clarify goals, achieve accountability, redefine leadership, and much more. The Fearless Organization helps you bring about this most critical transformation.

Strategic HRM

Strategic HRM
Author: Brian Harney
Publisher: Orpen Press
Total Pages: 208
Release: 2014-01-31
Genre: Business & Economics
ISBN: 1909895202

Strategic HRM: Research and Practice in Ireland provides an integrated overview of the theory and practice of strategic human resource management (SHRM), including a critical analysis of its relevance, application and development in an Irish context. Each of the chapters in this collection carefully considers global progress and debates in SHRM before examining how Irish research evidence contributes to these debates. Focusing on progress, practice, context and challenges, the contributors explore: The status of SHRM in IrelandSHRM in the recessionTalent managementEmployee voicePay and performanceKnowledge and learningInternational HRMSHRM in knowledge-intensive firmsSHRM in small and medium-sized enterprisesSHRM in healthcareCareers and career developmentThe limitations of SHRM Featuring contributions from twenty-one leading Irish academics, Strategic HRM: Research and Practice in Ireland brings together a wealth of evidence on SHRM in Ireland. This book is an invaluable resource for undergraduate, postgraduate and doctoral students interested in exploring contemporary developments and research in SHRM, while also serving as a reflective resource for experienced executives.

The Power of Convergence

The Power of Convergence
Author: Faisal Hoque
Publisher: AMACOM
Total Pages: 257
Release: 2011-05-18
Genre: Business & Economics
ISBN: 0814416969

From technology giants to major airlines to government agencies, the landscape is littered with the shells of once-promising enterprises that failed to partner technology and business. Their lost opportunities and billions wasted provide a much-needed wake-up call to businesses. In this forward-thinking guide, author Faisal Hoque adopts that call to teach readers how to capture and leverage the power of business-technology convergence. The Power of Convergence provides the framework and mechanisms for uniting business and technology, seeding horizontal collaborations and partnering opportunities, and capturing strategic possibilities created through convergence. Readers will also discover the importance of not only laying the groundwork for the role of technology in business, but also institutionalizing operational practices to pave the way for continued success. No technology should be developed or deployed without a full vision of how it serves the greater needs of the company. Rather, technology should be so tightly intertwined with strategy that the two drive each other, with each at the ready when market opportunity materializes--however suddenly. With compelling examples of successes and failures at organizations from Ford Motor Company to the FBI, The Power of Convergence provides business leaders with the tools they need to overcome the business/technology disconnect and utilize these both to achieve sustainable results.