Time, Talent, Energy: Overcome Organizational Drag and Unleash Your Team¿s Productive Power

Time, Talent, Energy: Overcome Organizational Drag and Unleash Your Team¿s Productive Power

by Michael C. Mankins, Eric Garton

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Overview

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.

Product Details

ISBN-13: 9781633691766
Publisher: Harvard Business Review Press
Publication date: 03/07/2017
Pages: 240
Product dimensions: 6.30(w) x 9.20(h) x 0.80(d)

About the Author

Michael Mankins is a partner in Bain & Company's San Francisco office and the former head of the firm's Organization practice in the Americas. He is the author or coauthor of two books and numerous articles in Harvard Business Review and other leading publications.

Eric Garton, a partner in Bain & Company's Chicago office, has written and spoken widely on organizational issues. He leads the firm's global Organization practice and is a senior member of its Consumer Products and Industrial Goods & Services practices.

Table of Contents

Prologue: The Truly Scarce Resources 1

1 An Organization's Productive Power-and How to Unleash It 9

Part 1 Time

2 Liberate the Organization's Time 35

3 Simplify the Operating Model 57

Part 2 Talent

4 Find and Develop the "Difference Makers" 85

5 Create and Deploy All-Star Teams 117

Part 3 Energy

6 Aim for Inspiration (Not Just Engagement) 137

7 Build a Winning Culture 167

Epilogue: The Virtuous Circle 193

Acknowledgments 203

Notes 205

Index 211

About the Authors 221

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