Executives around the world agree that recruiting, maintaining, and expanding people is one of their most difficult business concerns. To address this issue, many people are resorting to talent management techniques that are no longer effective because the environment in which they were designed no longer exists.
Managers can't accurately foresee their business demands, let alone their talent needs, in today's uncertain world. An open labor market means your talent pipeline will inevitably leak. Increasing competitiveness necessitates an obsessive attention on expenses. Traditional talent management efforts may be very costly, especially when individuals you've carefully groomed leave your company for a competitor.
Peter Cappelli's book Talent on Demand takes a fresh look at the talent management challenge. He introduces four new concepts for guaranteeing that your organization has the talents it needs—when it needs them, based on cutting-edge supply chain management and countless company examples. You'll learn how to balance developing talent in-house with buying it on the open market, improve the accuracy of your talent-need estimates, and maximize the returns on your talent investments in this book. Create an internal employment market that mirrors external job market dynamics by connecting available talent to open positions.
Talent on Demand is a practical and provocative book that gives you the ideas and tools you'll need to match talent supply to demand—today and tomorrow.
Peter Cappelli is the Director of Wharton's Center for Human Resources and the George W. Taylor Professor of Management at The Wharton School. He is also a Research Associate at the National Bureau of Economic Research in Cambridge, MA, and a Distinguished Scholar of the Ministry of Manpower in Singapore since 2007. From 2003 to 2005, he worked as Senior Advisor to the Kingdom of Bahrain for Employment Policy. He holds degrees in industrial relations and labor economics from Cornell University and Oxford University, where he was a Fulbright Scholar.
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