Talent

Managing talent, says Edward E. Lawler III, author and director of the Center for Effective Organizations at the University of Southern California, is old news. What companies need to do now is what he calls "design an organization using talent as the source of competitive advantage." Lawler advises going beyond human resources and instead issuing a firm-wide challenge that starts with a leader who believes that having a talent-centric organization is the best way to run a business. In Talent, Lawler argues that what's important isn't so much attracting the right talent, but developing that talent, and because that doesn't happen at most companies, there is a higher perceived lack of talent in corporate America than there actually is. And with the
Baby Boomer exit, companies need all the qualified, engaged talent they can get.

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