Summary of The Differentiated Workforce
Transforming Talent into Strategic Impact
Copyright 2009 Brian Becker, Mark Huselid, and Dick Beatty
Summarized by permission of Harvard Business Review Press
Make strategic use of your most important asset – your employees – by sorting them.
Most firms agree that their employees are their “most important asset,” but few firms use their people strategically in today’s “war for talent.” When you “differentiate” your workforce, you develop your best employees to fulfill your company’s strategic goals. Your job as a manager is to deploy talent as you would any other strategic resource – because that’s what it is. So instead of using across-the-board spending to educate and develop all workers, you are more likely to realize your strategic goals if you allocate more resources to develop the people with the highest potential. Differentiating means identifying the right employees to “train harder and advance faster.” Brian E. Becker and Mark A. Huselid (who co-wrote The HR Scorecard) and Richard W. Beatty (their co-author on The Workforce Scorecard) explain why a differentiated workforce strategy is crucial. Then they outline a step-by-step process for identifying which employees have strategic talent and for managing them to achieve your company’s goals. getAbstract recommends their tactical approach to workforce management to business owners and human resources professionals who are eager to make strategic use of their troops.
In this summary, you will learn
- Why a “differentiated workforce” is important
- How to achieve it with a five-step strategy
- Why it is crucial to your competitive success
Comment on this summary
4 years agoAn interesting insight into strategic HRM
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