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Master the first comprehensive, credible framework for measuring HR's value and the quality of its talent acquisition/management efforts! Reflecting their immense experience leading talent management and consulting on enterprise talent strategy, Linda Brenner and Tom McGuire introduce a powerful new metric: the Intellectual Capital Index (ICI). Built on extensive financial analysis of Fortune® 500 companies, ICI helps you rigorously identify specific areas of intellectual capital that drive the most value in your company, and refocus HR accordingly. Using it, you can:
Brenner and McGuire help you finally overcome long-time controversies and obstacles to valuing talent. Using accepted financial techniques, you'll walk through:
Talent Valuation offers indispensable tools and insights for C-level executives, HR leaders, strategists, investors, analysts, researchers, students – and anyone concerned with measuring, optimizing, and communicating the business value of talent.
Introduction 1
Chapter 1: Important vs. Critical Talent: What if the Beatles Had Been a Company? 7
Chapter 2: Is Your Most Important Asset Really an Asset? 17
Chapter 3: Valuing and Evaluating Companies and Their Intellectual Capital 25
Chapter 4: Understanding Active and Inert Components of Intellectual Capital 47
Chapter 5: Identifying Critical Roles Through Work Processes 59
Chapter 6: The New Talent Strategy Game Plan 77
Chapter 7: The Only Metric that Matters 99
Chapter 8: Attracting and Retaining the Human Capitalist Investor 123
Chapter 9: Looking Back and Looking Forward 141
Chapter 10: Who Is Responsible? What Is the Purpose of HR? 157
Conclusion 183
Appendix 193
Defined Terms 201
Index 203