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Book Cover
E-book
Author Groysberg, Boris.

Title Chasing stars : the myth of talent and the portability of performance / Boris Groysberg
Published Princeton, N.J. : Princeton University Press, ©2010

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Description 1 online resource (xiii, 446 pages) : illustrations
Series Book collections on Project MUSE
Contents Moving on -- Analysts' labor market -- The limits of portability -- Do firms benefit from hiring stars? -- Stars and their galaxies : firms of origin and portability -- Integrating stars : the hiring firm and portability of performance -- Liftouts (taking some of it with you) : moving in teams -- Women and portability : why is women's performance more portable than men's? -- Star formation: developmental cultures at work -- Turnover : who leaves and why -- A special case of turnover : stars as entrepreneurs -- Measuring and rewarding stars' performance -- Lessons from Wall Street and elsewhere
Summary It is taken for granted in the knowledge economy that companies must employ the most talented performers to compete and succeed. Many firms try to buy stars by luring them away from competitors. But Boris Groysberg shows what an uncertain and disastrous practice this can be. After examining the careers of more than a thousand star analysts at Wall Street investment banks, and conducting more than two hundred frank interviews, Groysberg comes to a striking conclusion: star analysts who change firms suffer an immediate and lasting decline in performance. Their earlier excellence appears to have
Bibliography Includes bibliographical references and index
Notes English
Print version record
Subject Investment advisors -- United States.
Labor turnover -- United States
BUSINESS & ECONOMICS -- Investments & Securities -- General.
BUSINESS & ECONOMICS -- Workplace Culture.
Investment advisors
Labor turnover
Anställningsvillkor.
Framgångsrikt företagande.
Karriär -- genusaspekter.
Wall Street (New York, N.Y.)
New York (State) -- New York -- Wall Street
United States
Form Electronic book
LC no. 2009052992
ISBN 9781400834389
1400834384
0691154511
9780691154510
1282569155
9781282569157
9786612569159
6612569158