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

    Beschreibung 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.



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    Chasing Stars: The Myth of Talent and the Portability of ~ It establishes that the star employees who switch to a new firm are unlikely to continue their excellent performance and feature in the annual rankings for analysts for at least 5 years after the job change. To directly quote the author, ‘For a ranked analyst who did not change employers, for example, the probability of being ranked first the subsequent year was 0.106. For those who changed .

    Chasing Stars: The Myth of Talent and the Portability of ~ PDF / On Mar 1, 2017, Riya Vinayak published Chasing Stars: The Myth of Talent and the Portability of Performance / Find, read and cite all the research you need on ResearchGate

    Book Chasing Stars: The Myth Review of Talent and the ~ Chasing Stars: The Myth of Talent and the Portability of Performance Boris Groysberg Princeton University Press, 2010, 504 pages, `1,618. ISBN: 9780691154510 Book Review covers reviews of current books on management I n the current scenario, companies are progressing by employing the best talent for competing and succeeding in business. Several organizations are trying to poach star performers .

    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 - Kindle edition by Groysberg, Boris. Download it once and read it on your Kindle device, PC, phones or tablets. Use features like bookmarks, note taking and highlighting while reading Chasing Stars: The Myth of Talent and the Portability of Performance.

    Contents : Chasing Stars The Myth of Talent and the ~ Citation Information. Chasing Stars. The Myth of Talent and the Portability of Performance. Princeton University Press. 2010. Pages: vii–viii. ISBN (Online): 9781400834389

    Chasing Stars: The Myth of Talent and the Portability of ~ 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.

    Chasing Stars / Princeton University Press ~ 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."—Thomas A. Kochan, MIT Sloan School of Management

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    Why Do We Chase Stars? - Harvard Business School Working ~ Boris Groysberg, in a new book, Chasing Stars: The Myth of Talent and the Portability of Performance, based in part on earlier research with Ashish Nanda, Andrew McLean, and Nitin Nohria, seeks to find out answers to the question. Groysberg and his colleagues studied what he calls "the portability of performance," and reaches conclusions that might give pause to many who chase stars. Their .

    Chasing Stars: The Myth of Talent and the Portability of ~ 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. It is taken for granted in the knowledge economy that companies must employ the most talented performers to compete and succeed. Many firms try .

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    Chasing Stars: The Myth of Talent and the Portability of ~ 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 ~ Chasing Stars: The Myth of Talent and the Portability of Performance 504. by Boris Groysberg / Editorial Reviews. NOOK Book (eBook - Course Book) $ 14.49 $24.95 Save 42% Current price is $14.49, Original price is $24.95. You Save 42%. Sign in to Purchase Instantly. Available on Compatible NOOK Devices and the free NOOK Apps. WANT A NOOK? Explore Now. Get Free NOOK Book Sample. Buy As Gift .

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    Project MUSE - Chasing Stars ~ Chasing Stars: The Myth of Talent and the Portability of Performance. In this Book. Additional Information. Chasing Stars: The Myth of Talent and the Portability of Performance ; Boris Groysberg 2010; Book; Published by: Princeton University Press; View View Citation; contents. summary. It is taken for granted in the knowledge economy that companies must employ the most talented performers to .

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