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HBR IdeaCast

Our Delusions About Talent

HBR IdeaCast

Harvard Business Review

Leadership, Entrepreneurship, Communication, Marketing, Business, Business/management, Management, Business/marketing, Business/entrepreneurship, Innovation, Hbr, Strategy, Economics, Finance, Teams, Harvard

4.41.9K Ratings

🗓️ 20 April 2017

⏱️ 24 minutes

🧾️ Download transcript

Summary

Tomas Chamorro-Premuzic, professor of business psychology at University College London, dispels some of the myths that have persisted in the 20 years since McKinsey coined the phrase “war for talent.” He argues the science of talent acquisition and retention is still in its early stages. Chamorro-Premuzic is the CEO of Hogan Assessments and the author of the book “The Talent Delusion: Why Data, Not Intuition, is the Key to Unlocking Human Potential.”

Transcript

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0:00.0

When leadership advice feels like buzzwords and platitudes, it's time to get real.

0:05.9

HPR's podcast Coaching Real Leaders brings you behind closed doors as Muriel Wilkins coaches anonymous

0:11.9

leaders through raw honest career questions

0:14.6

that we all face.

0:15.9

Listen and follow coaching real leaders for free

0:18.3

wherever you get your podcasts. Welcome to the HBO Idea Cast from Harvard Business Review. I'm Sarah Green Carmichael. Talent. It's a word that

0:36.6

gets thrown around almost recklessly in conference rooms and job interviews and all hands

0:41.1

meetings. The best companies are in a quote war for talent the saying

0:45.2

goes with a roster of A plus players companies innovate and excel and this lust

0:50.6

for talent is with good reason.

0:52.8

A former colleague of Steve Jobs quotes the Apple founder as saying

0:56.4

it doesn't make sense to hire smart people and then tell them what to do.

1:00.0

We hire smart people so they can tell us what to do.

1:03.0

But there might be a little too much truth to that.

1:06.0

In the optimal case, companies are assembling top teams of superstars that align

1:10.0

into an unstoppable juggernaut driving the enterprise forward.

1:13.4

But in the worst case, companies are shelling out big bucks for talent,

1:16.5

but don't really understand how to get these people to work together.

1:19.8

And the result of their war for talent

1:21.7

ends up looking more like the roster of inflated egos on an over-budget dysfunctional movie.

1:27.0

So here today to dispel some myths about the War for Talent is Tamas Tymosik.

1:32.0

He's a professor of business psychology at University College London.

...

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