Beyond HR
The New Science of Human Capital
Harvard Business Review Press, 2007
Category: Human Resources
Organizations must understand the strategic importance of their employee base and build value through the HR function.
In this summary you will learn
- Why HR needs to be based on a “decision science”
- How implementing the decision science of “talentship” will help your organization become more competitive
- Why your company’s “pivot points” are essential
- How using the “LAMP” framework can help you create HR measures that truly drive strategic change
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Why you should read Beyond HR
John W. Boudreau and Peter M. Ramstad say that companies need to transform their human resource (HR) function into a strategic resource, and compete for talent using HR as a “decision science.” The tactical skill they call “talentship” is a management approach that enables firms to understand the strategic nature of their employee base and to build value through the way they handle people. Using their human capital decision-making framework (“HC BRidge”) and examples from companies as diverse as Disney, McDonalds, Boeing and Williams-Sonoma, they explain that leaders inside and outside of HR must be aware of their competitive talent “pivot points.” Though on the dry side, this targeted book will give you a more energetic vision of what HR can become. getAbstract recommends it to HR professionals who want a practical, actionable framework for implementing talent-oriented ideas.
About the Authors
John W. Boudreau, Ph.D., is a research director and professor of business at the University of Southern California. He is also an HR consultant to Forbes 100 firms and other institutions. Peter M. Ramstad is vice president of business and strategic development at an outdoor equipment manufacturer, and a frequent conference speaker.
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