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

Boris Groysberg

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 appear

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Year of publication:	2010
Authors:	Groysberg, Boris
Publisher:	Princeton : Princeton University Press
Subject:	Anlageberatung \| Financial advisors \| Arbeitsmobilität \| Labour mobility \| Erwerbsverlauf \| Occupational attainment \| Karriereplanung \| Career development \| Personalbeurteilung \| Employee appraisal \| Personalbeschaffung \| Recruitment \| USA \| United States \| Finanzanalyst \| Abwerbung \| Karriere
Description of contents:	Table of Contents [gbv.de] ; Description [degruyter.com] ; Description [degruyter.com] ; Description [degruyter.com]

Extent:	Online-Ressource (461 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Description based upon print version of record Cover; Title; Copyright; Contents; Acknowledgments; Introduction; Part One: Talent and Portability; 1 Moving On; 2 Analysts' Labor Market; 3 The Limits of Portability; 4 Do Firms Benefit from Hiring Stars?; Part Two: Facets of Portability; 5 Stars and Their Galaxies: Firms of Origin and Portability; 6 Integrating Stars: The Hiring Firm and Portability of Performance; 7 Liftouts (Taking Some of It with You): Moving in Teams; 8 Women and Portability: Why Is Women's Performance More Portable than Men's?; Part Three: Implications for Talent Management: Developing, Retaining, and Rewarding Stars 9 Star Formation: Developmental Cultures at Work10 Turnover: Who Leaves and Why; 11 A Special Case of Turnover: Stars as Entrepreneurs; 12 Measuring and Rewarding Stars' Performance; 13 Lessons from Wall Street and Elsewhere; Appendix; Notes; Index; A; B; C; D; E; F; G; H; I; J; K; L; M; N; O; P; R; S; T; W; Y; Z In English
ISBN:	978-1-4008-3438-9 ; 978-0-691-15451-0 ; 978-0-691-15451-0
Other identifiers:	10.1515/9781400834389 [DOI]
Classification:	Investition, Finanzierung
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014487816