Notes from the book "The Talent Masters"

Notes from Conaty and Charan's book "The Talent Masters" -

1. An enlightened leadership team, starting with the CEO. We find that such leaders invest at least a quarter of their time in spotting and developing other leaders; sat companies such as GE and P&G, it's closer to 40%.

2. Meritocracy through differentiation. Warning....differentiation breeds meritocracy; sameness breeds meritocracy. Talent masters dig into the causes underlying performance so that they can recognize and reward leaders according to their talents, behaviors, and values.

3. Working values. By whatever name the values are called, masters repeat and repeat and repeat their values, and reinforce them by linking recognition and rewards with them.

4. A culture of trust and candor. A company can develop its people only if it has accurate information about their strengths and development needs.

5. Rigorous talent assessment. Talent masters have the same goal and results orientation in their people processes as they do in their financial systems.

6. A business partnership with human resources. Talent masters use human resource leaders as active and effective business partners.

7. Continuous learning and improvement. Talent masters recognize that a fast-changing business environment requires constant change and updating of both their leaders' skills and their own leadership criteria.

A couple of my thoughts - Conaty and Charan's background lends their writings to experience, not opinions (this is good). As I read this book, I'm taking notes and underlining (as I do in most books), but I'm finding that I'm tending to correlate much of what they have to say with others.

This is also good and gives credibility. I'll bring those out in coming posts.

Good stuff!!!

To that end.....

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