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	<title>Talking about strategy &#187; reorganisation</title>
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	<description>with Kim Warren</description>
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		<title>Beware hiring outside talent</title>
		<link>http://kimwarren.com/strategy/beware-hiring-outside-talent/</link>
		<comments>http://kimwarren.com/strategy/beware-hiring-outside-talent/#comments</comments>
		<pubDate>Tue, 23 Sep 2008 16:21:45 +0000</pubDate>
		<dc:creator>Kim Warren</dc:creator>
				<category><![CDATA[Strategy]]></category>
		<category><![CDATA[down-sizing]]></category>
		<category><![CDATA[reorganisation]]></category>
		<category><![CDATA[staff turnover]]></category>
		<category><![CDATA[strategy dynamics]]></category>
		<category><![CDATA[war for talent]]></category>

		<guid isPermaLink="false">http://www.kimwarren.com/?p=206</guid>
		<description><![CDATA[Also in Sloan Mgt Review, good to see a warning from Boris Groysberg and friends about the risks of hiring outside stars. Getting your hands on scarce talent has been increasingly promoted as a magic bullet in some quarters. But this article points out that even the most seemingly self-reliant super-stars actually have to function <a href='http://kimwarren.com/strategy/beware-hiring-outside-talent/'>[...]</a>]]></description>
			<content:encoded><![CDATA[<p>Also in Sloan Mgt Review, good to see a warning from Boris Groysberg and friends about the <a href="http://sloanreview.mit.edu/wsj/insight/hr/2008/09/22/" target="_blank">risks of hiring outside stars</a>. Getting your hands on scarce talent <span id="more-206"></span>has been increasingly promoted as a magic bullet in some quarters. But this article points out that even the most seemingly self-reliant super-stars actually have to function as part of a wider system. [Think I recall Boris's research was originally about how star investment-analysts mostly failed to sustain their star-dom when they moved to other i-banks?]</p>
<p>This is a particular manifestation of a more general problem I&#8217;ve mentioned before &#8211; all staff work in a system of interdependent resources [systems, data, procedures etc], and anyone new will need time to get productive in the new setting. This doesn&#8217;t just apply to operations level folk, but equally &#8211; if not more so &#8211; to executives and specialists. That&#8217;s why there&#8217;s a big, big danger from over-rapid job rotations, from down-sizing and the seeming obsession with constant reorganisation and &#8216;transformation&#8217;!</p>
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