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Time, Talent, Energy: Overcome Organizational Drag and Unleash Your Team s Productive Power Kindle Edition
Managing Your Scarcest Resources
Business leaders know that the key to competitive success is smart management of scarce resources. That's why companies allocate their financial capital so carefully. But capital today is cheap and abundant, no longer a source of advantage. The truly scarce resources now are the time, the talent, and the energy of the people in your organization--resources that are too often squandered. There's plenty of advice about how to manage them, but most of it focuses on individual actions. What's really needed are organizational solutions that can unleash a company's full productive power and enable it to outpace competitors.
Building off of the popular Harvard Business Review article "Your Scarcest Resource," Michael Mankins and Eric Garton, Bain & Company experts in organizational design and effectiveness, present new research into how you can liberate people's time, talent, and energy and unleash your organization's productive power. They identify the specific causes of organizational drag--the collection of institutional factors that slow things down, decrease output, and drain people's energy--and then offer a pragmatic framework for how managers can overcome it. With practical advice for using the framework and in-depth examples of how the best companies manage their people's time, talent, and energy with as much discipline as they do their financial capital, this book shows managers how to create a virtuous circle of high performance.
- LanguageEnglish
- PublisherHarvard Business Review Press
- Publication dateFebruary 14, 2017
- File size7.0 MB
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Editorial Reviews
Review
"Employees spend too much time on useless meetings, emails and alerts. It kills organizations from within, and allows top talent to search for fresh pastures. Now they have done it again. Harvard Business Review Press and the consultants from Bain & Company have come up with an excellent book…. that rises far above the others." -- Borsen
"Most businesses get caught up in details that are important but not essential. That's where the book comes in. It helps leaders optimize their businesses at the most fundamental level." -- Small Business Trends (smallbiztrends.com)
"Time, Talent, Energy hammers home the link between making better use of the hours at work and the Holy Grail of productivity. Mankins and Garton [point out] that time is just one component of human capital. Companies that effectively manage not just time but also their talent find themselves with the additional energy that is a crucial differentiator between them and their competitors... Quite simply, companies with inspired employees perform better than the rest." -- Forbes.com
ADVANCE PRAISE for Time, Talent, Energy:
Mark Fields, President and CEO, Ford Motor Company--
"We were all taught in business school that disciplined management of financial capital is critical to business success. Mankins and Garton uncover the new key to competitive advantage--disciplined management of human capital--and outline the steps leaders can take to harness the productive power of their people."
Peter Coleman, CEO, Woodside Petroleum--
"An absorbing read that outlines the synergies between the organizational elements of time, talent, and energy and how to best harness those components. A persuasive guide for any leader to follow in their quest to drive their organization to longevity and success."
Irene Rosenfeld, Chairman and CEO, Mondelez International--
"The idea of allocating human capital as rigorously as financial capital is a really powerful one. This book brings that idea to life with impactful and practical examples for leaders looking to increase the effectiveness of their workforce."
Sandy Ogg, founder, CEO.works; former Operating Partner, Blackstone; and former Chief Human Resources Officer, Unilever--
"An organization's people are the fundamental source of great ideas and great execution. No company can succeed without harnessing the time, talent, and energy of its workforce. This book outlines how to tap into these scarce resources. Read it and win."
Andrew N. Liveris, Chairman and CEO, Dow Chemical Company--
"A concise and practical guide for managing scarce resources and unlocking the full potential of your organization, Time, Talent, Energy is more than an insightful book. It's an essential read for all CEOs and senior executives who want to get the most out of their workforce."
Michael Dell, Chairman and CEO, Dell Technologies--
"Time, Talent, Energy makes a compelling case for why every CEO and senior leader should focus on managing human capital to beat the competition."
About the Author
Product details
- ASIN : B01LBRS42G
- Publisher : Harvard Business Review Press (February 14, 2017)
- Publication date : February 14, 2017
- Language : English
- File size : 7.0 MB
- Text-to-Speech : Enabled
- Screen Reader : Supported
- Enhanced typesetting : Enabled
- X-Ray : Not Enabled
- Word Wise : Enabled
- Print length : 231 pages
- Best Sellers Rank: #955,094 in Kindle Store (See Top 100 in Kindle Store)
- #326 in Strategic Management
- #852 in Business Teams
- #876 in Strategy & Competition
- Customer Reviews:
About the authors
Michael Mankins is a partner in Bain’s San Francisco office and head of the firm’s organization practice in the Americas. He is coauthor of "Time, Talent, Energy: Overcome Organizational Drag and Unleash Your Team’s Productive Power" (Harvard Business Review Press, 2017), "Decide & Deliver: Five Steps to Breakthrough Performance in Your Organization" (Harvard Business Review Press, 2010), and "The Value Imperative: Managing for Superior Shareholder Returns" (Free Press, 1994). His writings and ideas have appeared in numerous Harvard Business Review articles as well as in the Wall Street Journal, Financial Times, New York Times, and many other publications. He has also been a featured speaker at conferences conducted by Harvard Business Review, Business Week, CFO Magazine, Directors & Boards, and other organizations. In 2006, Consulting magazine named Michael one of the year’s “Top 25 most influential consultants.”
Eric Garton is a partner and leader of the global Organization Practice at Bain & Company, and a senior member of the Consumer Products and Industrial Goods and Services Practices. Since joining Bain in 1997, Eric has focused his time on working with global companies undergoing significant organizational transformation.
Customer reviews
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Learn more how customers reviews work on AmazonCustomers say
Customers find the book provides valuable insights into how to leverage your team and personal life. They describe it as an important read for managers and business owners, dealing with common issues in a way that is engaging and effective.
AI-generated from the text of customer reviews
Customers find the book provides great insights into how to leverage your team. They say it's an important read for managers and business owners, as it deals with the same issues wonderfully. The book provides a conceptual outline for how you might refocus your organization to increase effectiveness. It stays focused on driving home the value of inspired teams, and is a great tool to drive the right conversations. Overall, readers describe the book as one of the best they have read in the past decade and a way to rejuvenate human capital by effective utilization of their energy.
"The book offers an interesting insight in the two more decisive factors that shape any organization (not only big corporations)...." Read more
"Handed down by superiors but found it personally gratifying. Embodies leadership spirit and materialize entrench aggraveting directives of past era." Read more
"Good and useful knowledge" Read more
"Rejuvenate human capital by effective utilization of their energy" Read more
Customers find the book easy to read and engaging. They say it's a must-read for professionals and appropriate for talent management needs.
"...Definitely it is a worth reading book for persons engaged in organizing talents." Read more
"Good and useful knowledge" Read more
"Must read for every leader!!! You" Read more
"It is a great book." Read more
Top reviews from the United States
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- Reviewed in the United States on May 28, 2017Mankins and Garton argue that capital is plentiful and cheap, but good people are not, and the next battles to make companies perform better are going to be about hiring the best people and streamlining the organization so that decisions come faster and are executed more smoothly. Both the authors have a wealth of experience, but they distill it carefully and don't overwhelm the reader with anecdotes. Well-chosen and occasionally well-known examples illustrate their insights but I found their original research to be the most fascinating part of the book and one of things that has stuck with me since reading it is a new awareness of how hard leaders of companies of almost any size must work to prevent the steady creep of complexity, which destroys productivity and revenue. It's been a long time since I've read a book in the business category that caused me think so much about the work I do every day and also how I manage myself.
- Reviewed in the United States on July 29, 2017The book offers an interesting insight in the two more decisive factors that shape any organization (not only big corporations). How to avoid the waste of time and effort (the authors call it "energy") in order to boost the people's talent. Definitely it is a worth reading book for persons engaged in organizing talents.
- Reviewed in the United States on September 11, 2018Handed down by superiors but found it personally gratifying. Embodies leadership spirit and materialize entrench aggraveting directives of past era.
- Reviewed in the United States on April 23, 2021Good and useful knowledge
- Reviewed in the United States on November 19, 2021Rejuvenate human capital by effective utilization of their energy
- Reviewed in the United States on March 22, 2017If you are participating in any level of team management, this book provides a conceptual outline for how you might quantitatively manage team deployment. It doesn't give you the models, but at a methodological level, Mankins' gives us the keys to the kingdom for squeezing more blood from the turnip. As a small business person, this book inspired me to take a serious look at how I deploy resources, how my competitors deploy resources, and build some tools to evaluate patterns. I feel like I received $75,000 of essentially free consulting advice.
- Reviewed in the United States on May 12, 2017This was one of the handful of best things I have read this past decade. I can't say enough good things about it. I'm fascinated by organizational behavior and organizational design, and as an academic administrator, I am always looking for way to reduce what the authors call organizational drag. Their explanations of the ways we waste time and how dramatically it affects organizations' ability to function better is masterful. I've already recommended it at least a dozen people and am seriously considering buying copies for my direct reports.
- Reviewed in the United States on March 12, 2018Clear concise framework for organizational change, stays focused on driving home the value of inspired teams. Light on specifics, it definitely does not contain the answers, but a great tool to drive the right conversations.
Top reviews from other countries
- HARIRAM KRISHNANReviewed in India on January 24, 2025
5.0 out of 5 stars An effective organisation
Excellent narrative on Time, Talent and Energy.
I like
Practical Framework
Research-Backed Insights
Focus on Productivity
Clear Writing
What could be better
Go beyond corporate and include startups
Avoid repeating points
More specific than generalities
- ZentaoReviewed in Canada on May 28, 2017
5.0 out of 5 stars Highly recommended!
Wow, I echo the comments below. I have read a lot of books on managing teams, managing projects and organizational structure/behaviour. This book is absolutely the best that I have ever come across. No, it doesn't compile everything but it does contain the essence.
At the company where I work I first loaned my copy and then they ordered another 20 copies. Now everyone (including HR) is reading it - and finding important and relevant information. This book is worth every second of your time to read and I think that it will prove to be at the base of many companies "revitalization" efforts for the positive.
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Marcelo B CardosoReviewed in Brazil on June 21, 2017
5.0 out of 5 stars Inovador ! Motivador ! Desafiador !
Leitura obrigatória para todos que procuram inovar e crescer em suas carreiras profissionais e sair do comodismo corporativo que atinge vários profissionais e empresas. Recomendo !
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Antonio HReviewed in Spain on February 12, 2018
4.0 out of 5 stars simple y efectivo
De esta lectura se sacan muchas enseñanzas sobre gestión de empresas y su título lo dice todo: tiempo, talento y energía, las claves para el éxito. Buen libro.
- BessamiReviewed in France on July 12, 2017
5.0 out of 5 stars Great and concrete handbook
I recommend this book for all VPs and managers who lead organisational transformations. Many advices and examples, but strong sponsorship and confidence are needed to apply them. P.S. knowing that the incumbent’s transformation should be a long process, I may add the word “Rhythm” in the title: Time, Talent, Energy and Rhythm