PDF Chasing Stars: The Myth of Talent and the Portability of Performance 691154511 PDF English

Chasing Stars: The Myth of Talent and the Portability of Performance

It is taken for granted in the knowledge economy that companies must employ the most talented performers to compete and succeed. Many firms try to buy stars by luring them away from competitors. But Boris Groysberg shows what an uncertain and disastrous practice this can be. After examining the careers of more than a thousand star analysts at Wall Street investment banks, and conducting more than two hundred frank interviews, Groysberg comes to a striking conclusion: star analysts who change firms suffer an immediate and lasting decline in performance. Their earlier excellence appears to have depended heavily on their former firms' general and proprietary resources, organizational cultures, networks, and colleagues. There are a few exceptions, such as stars who move with their teams and stars who switch to better firms. Female stars also perform better after changing jobs than their male counterparts do. But most stars who switch firms turn out to be meteors, quickly losing luster in their new settings. Groysberg also explores how some Wall Street research departments are successfully growing, retaining, and deploying their own stars. Finally, the book examines how its findings apply to many other occupations, from general managers to football players. Chasing Stars offers profound insights into the fundamental nature of outstanding performance. It also offers practical guidance to individuals on how to manage their careers strategically, and to companies on how to identify, develop, and keep talent.

Product details

• Hardcover : 199 pages
• Title : Chasing Stars: The Myth of Talent and the Portability of Performance
• Language : English
• ISBN-10 : 691154511
• Ranting : 3.9

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Chasing Stars: The Myth of Talent and the Portability of
Start your review of Chasing Stars: The Myth of Talent and the Portability of Performance. Write a review. Jun 17, 2019 Andre Kubota rated it really liked it. This is a book made by Boris Groysberg, a teacher of leadership in HBS. It’s about the portability of star employees on different companies. The study considered several professions ...
Chasing Stars: The Myth of Talent and the Portability of
It is taken for granted in the knowledge economy that companies must employ the most talented performers to compete and succeed. Many firms try to buy stars by luring them away from competitors. But Boris Groysberg shows what an uncertain and disastrous practice this can be. After examining the careers of more than a thousand star analysts at Wall Street investment banks, and conducting more ...
Chasing Stars: The Myth of Talent and the Portability of
Stefan Stern, Financial TimesChasing Stars is an important work challenging the myth that talented workers can succeed anywhere. It proves that the best employer employee relationships are mutually beneficial and that both can gain much from each other if they try.
Chasing Stars: The Myth of Talent and the Portability of
Chasing Starsoffers profound insights into the fundamental nature of outstanding performance. It also offers practical guidance to individuals on how to manage their careers strategically, and to companies on how to identify, develop, and keep talent. ... If portability of star quality performance is more often a myth than a reality, it is ...
Chasing Stars: The Myth of Talent and the Portability of
Chasing Stars: The Myth of Talent and the Portability of Performance Show all authors. Riya Vinayak. Riya Vinayak. Research Scholar Management Development Institute, Gurugram e mail: [email protected] See all articles by this author. Search Google Scholar for this author.
Chasing Stars: The Myth of Talent and the Portability of
Why corporate stars often lose their luster after changing jobsIt is taken for granted in the knowledge economy that companies must employ the most talented performers to compete and succeed. Many firms try to buy stars by luring them away from competitors. But Boris Groysberg shows what an uncertain and disastrous practice this can be.After examining the careers of more than a thousand star ...
Chasing Stars: The Myth of Talent and the Portability of
"The moral of Boris Groysberg's fascinating story is that even the brightest stars fall when not supported by their team members. Chasing Stars shows that, well before the banking collapse, the stars of financial analysis were fallible, overpriced, and depended on their teams more than anyone realized. Let's hope this important lesson leads to more sensible staffing, compensation, and management practices in finance and all other markets for high priced talent."
Chasing stars: The myth of talent and the portability of
Download Citation | Chasing stars: The myth of talent and the portability of performance | It is taken for granted in the knowledge economy that companies must employ the most talented performers ...
Chasing Stars: The Myth of Talent and the Portability of
Chasing Stars: The Myth of Talent and the Portability of Performance. By: Boris Groysberg. Format: Print ShareBar. Citation. Groysberg, Boris. Chasing Stars: The Myth of Talent and the Portability of Performance. Princeton University Press, 2010. Find it at Harvard; Purchase; About The Author ...

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