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Employees need policies and rules to guide their behaviors. In a world of broad, diverse talent operating at many levels both within and outside the organization, leaders and functional experts no longer hold most of the knowledge cards. If allowed, people throughout the organization will do extremely creative and innovative things. Strict policies and rigid rules are no longer a winning formula for either optimally using or retaining talent. Great Practice human capital functions today are “letting go” in order to increase the impact they have on optimizing talent within their organizations.
These misconceptions illustrate the need to rethink many assumptions about the way in which we manage talent.
From William A. Schiemann, The ACE Advantage: How Smart Companies Unleash Talent for Optimal Performance (SHRM, 2012).
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