Talent Valuation: Accelerate Market Capitalization through Your Most Important Asset - Hardcover

McGuire, Thomas; Brenner, Linda

9780134009681: Talent Valuation: Accelerate Market Capitalization through Your Most Important Asset

Hardcover

ISBN 10: 0134009681 ISBN 13: 9780134009681

Publisher: Pearson FT Press, 2015

Master the first comprehensive, credible framework for measuring HR's value and the quality of its talent acquisition/management efforts! Reflecting their immense experience leading talent management and consulting on enterprise talent strategy, Linda Brenner and Tom McGuire introduce a powerful new metric: the Intellectual Capital Index (ICI). Built on extensive financial analysis of Fortune� 500 companies, ICI helps you rigorously identify specific areas of intellectual capital that drive the most value in your company, and refocus HR accordingly. Using it, you can:

More effectively quantify the return on your human capital investments
Measure the quality and value of your most important talent
Gain a deeper understanding of the drivers of value in their organization
Recognize the drivers of intellectual capital within their companies
Measure and improve talent quality: your most important talent metric

Brenner and McGuire help you finally overcome long-time controversies and obstacles to valuing talent. Using accepted financial techniques, you'll walk through:

Identifying which people and roles are producing disproportionate value
Determining the true asset of value of talent you don't "own"
Gaining deeper insight into the "active" and "inert" components of intellectual capital
Organizing structures and business processes to activate your talent and liberate latent value
Choosing and applying the most effective talent metrics
Refocusing HR on the talent issues, skills, and competencies that matter most

Talent Valuation offers indispensable tools and insights for C-level executives, HR leaders, strategists, investors, analysts, researchers, students – and anyone concerned with measuring, optimizing, and communicating the business value of talent.

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Review:

“Tom draws on his unique background spanning senior roles in operations, finance, and human resources to deliver a thoughtful and comprehensive solution to talent valuation. It stands alone in this space, because he truly understands key value drivers.”
—Jack Stahl, Corporate Board Member, Private Equity Advisor, and former CEO of Revlon and President of The Coca-Cola Company

“A captivating piece of work. Human resources is rapidly changing and becoming a much more data-intensive field. Tom McGuire’s work infuses the study of HR with principles from finance and analytics. A compelling and important read for HR managers and general managers alike.”
—Mitchell Hoffman, University of Toronto, Rotman School of Management

“Since the 1980s, whether in Finance, Marketing, or HR roles, Tom has always thought way beyond the curve—and delivered results. He collects and connects dots from all his experiences habitually. In this pioneering exposition on the value of talent, he connects them all.”
—Cynthia McCague, Corporate Board Member and former SVP Human Resources at The Coca-Cola Company

“Linda has an uncanny way of drawing the line from concept to reality. She’s smart and strategic and works hard to understand the challenges and goals of the business. This and her deep experience working with clients across industries makes her the ideal partner for Tom in helping link business value to talent.”
—Scott Katz, Director-Talent Management, Turner Broadcasting

“This is unlike any other Human Resources book you have ever read! Tom and Linda deliver a scientific, yet practical, approach to understanding how to value your people and the intellectual capital they generate for the business. If you truly believe that people are your most important asset—this is a must-read.”
—Dave Sutton, CEO, TopRight Partners and Coauthor, Enterprise Marketing Management: The New Science of Marketing

From the Back Cover:

ACCURATELY MEASURE THE IMPACT OF HUMAN CAPITAL INVESTMENTS AND LINK TALENT DIRECTLY TO SHAREHOLDER VALUATION

� The first complete framework for measuring the value of HR, talent acquisition, and talent management
� A way to refocus HR investments on the roles and talent that deliver the most business value
� A set of indispensable tools for strengthening HR’s strategic role in the business

Talent Valuation presents the first complete and credible framework for measuring the value and quality of HR investments in talent acquisition and talent management. Renowned talent management leaders Tom McGuire and Linda Brenner draw on extensive experience with and financial analysis of Fortune� 500 companies to help organizations drive improved talent results. They explain how you can rigorously identify specific individuals, programs, and areas of intellectual capital that drive the most value, and refocus HR investments accordingly.

Using their Intellectual Capital Index (ICI), you can effectively direct and quantify the return on human capital investments; systematically measure and improve talent quality; and reorganize processes to liberate latent value throughout your organization.

Leveraging accepted financial analysis techniques, Talent Valuation helps you finally overcome longtime obstacles to valuing talent. It will help you recruit, develop, and incentivize employees far more effectively while driving powerful, measurable gains in business performance.

Today, talent and value creation are virtually synonymous. In more and more enterprises, a soaring percentage of market capitalization reflects the direct impact of intangible human capital. But the value of talent has always been notoriously difficult to quantify and manage.

Talent Valuation changes this by presenting the first systematic and financially sound approach to quantifying and optimizing the business value of talent for shareholders’ benefit.

Leading finance and HR executive Tom McGuire and top human capital consultant Linda Brenner show how to build a value-driven talent strategy that maximizes the bang for your recruiting, talent development, and employee engagement bucks. You’ll learn how to identify the key roles and star performers most critical to your organization’s success, and target scarce resources in a way that will drive the highest return.

It’s time to stop treating “human capital” as a buzzword and start managing it with the same level of rigor and diligence as tangible capital. This can be done. It must be done. Talent Valuation will show you how.

� What your company and The Beatles have in common
Is every role critical? Consider Paul McCartney vs. the guitar tuner

� Link human capital investments to your critical success factors
Target roles and talent that create the most intellectual capital

� Bring rigor to talent strategy, workforce planning, and talent management tactics
Answer the right questions to optimize the value of talent attraction and management

� Target your employment branding to your most business-critical talent
Master the laser-beam approach to attracting and retaining the people you need most

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