Book Summary

Talent Economics: The fine line between winning and losing the global war for talent (Kogan Page, 2013)

The microscope on talent is in sharp focus, and HR has more programs and processes to manage talent than ever before. Yet CEOs seem less and less confident, they still can manage the complexities of finding and developing a next generation workforce. The truth is that, market realities in Seattle, Seville, or Shanghai are so fundamentally different; one size solutions are the short road to failure.

In this path breaking book, author Gyan Nagpal presents an undeniable case for change. He presents compelling evidence that the predominantly reactive talent programs in common use today only end up making an already risky situation worse. According to his research, true progress towards winning the war for talent begins with clarity on what the workforce of the future will look like, and ends with talent strategy which is deeply anchored within the business agenda.

The book helps readers travel this journey. It starts by mapping out the major talent trends across the world, and then details what the global workforce will look like in 2020. It progresses by showing how the fundamental employment relationship (between 21st century employees and their employers) is changing, and ends with a refreshingly easy toolkit to help leaders identify their most pressing talent investments. As Nagpal says in the final chapter – “It’s about time you reclaimed your strategic talent agenda.”