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Chasing Stars The Myth of Talent and the Portability of Performance

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ISBN-10: 0691154511

ISBN-13: 9780691154510

Edition: 2012

Authors: Boris Groysberg

List price: $16.95
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Description:

It is taken for granted in the knowledge economy that companies must employ the most talented performers to compete and succeed. Many firms try to buy stars by luring them away from competitors. But Boris Groysberg shows what an uncertain and disastrous practice this can be.After examining the careers of more than a thousand star analysts at Wall Street investment banks, and conducting more than two hundred frank interviews, Groysberg comes to a striking conclusion: star analysts who change firms suffer an immediate and lasting decline in performance. Their earlier excellence appears to have depended heavily on their former firms' general and proprietary resources, organizational cultures,…    
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Book details

List price: $16.95
Copyright year: 2012
Publisher: Princeton University Press
Publication date: 3/25/2012
Binding: Paperback
Pages: 504
Size: 6.50" wide x 9.50" long x 1.25" tall
Weight: 1.474
Language: English

Boris Groysbergis a Professor in the Organizational Behavior unit at Harvard Business School. Previously, he worked at IBM. His first book,Chasing Stars, was published in 2010.Michael Slindis a communications professional. He has worked atFast Companymagazine and Harvard Business School.

Acknowledgments
Introduction
Talent and Portability
Moving On
Analysts' Labor Market
The Limits of Portability
Do Firms Benefit from Hiring Stars?
Facets of Portability
Stars and Their Galaxies: Firms of Origin and Portability
Integrating Stars: The Hiring Firm and Portability of Performance
Liftouts (Taking Some of It with You): Moving in Teams
Women and Portability: Why Is Women's Performance More Portable than Men�s?
Implications for Talent Management: Developing, Retaining, and Rewarding Stars
Star Formation: Developmental Cultures at Work
Turnover: Who Leaves and Why
A Special Case of Turnover: Stars as Entrepreneurs
Measuring and Rewarding Stars' Performance
Lessons from Wall Street and Elsewhere
Appendix
Notes
Index