Great People Decisions: Why They Matter So Much, Why They are So Hard, and How You Can Master Them

355 Pages·2007·2.77 MB·English

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GREAT
PEOPLE
DECISIONS
Why They Matter So Much,
Why They Are So Hard, and
How You Can Master Them
C F A
LAUDIO ERNANDEZ RAOZ
John Wiley & Sons, Inc.
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GREAT
PEOPLE
DECISIONS
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GREAT
PEOPLE
DECISIONS
Why They Matter So Much,
Why They Are So Hard, and
How You Can Master Them
C F A
LAUDIO ERNANDEZ RAOZ
John Wiley & Sons, Inc.
ffirs.qxd 5/11/07 2:01 PM Page iv
Copyright © 2007 by Claudio Fernández-Aráoz. All rights reserved.
Published by John Wiley & Sons, Inc., Hoboken, New Jersey.
Published simultaneously in Canada.
Wiley Bicentennial Logo: Richard J. Pacifico.
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Library of Congress Cataloging-in-Publication Data:
Fernández-Aráoz, Claudio.
Great people decisions : why they matter so much, why they are so hard, and how you can
master them /
Claudio Fernández-Aráoz.
p. cm.
Includes bibliographical references.
ISBN 978-0-470-03726-3 (cloth)
1. Executives—Recruiting. 2. Executive ability—Evaluation. 3. Employee retention.
4. Organizational effectiveness. I. Title.
HF5549.5.R44F47 2007
658.4'07111—dc22
2006101040
Printed in the United States of America.
10 9 8 7 6 5 4 3 2 1
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To my beloved wife María,
the greatest people decision I ever made
To our beloved children Ignacio, Inés, and Lucía,
the greatest people decisions God
could possibly have made for both of us
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Contents
Introduction The Make-or-Break Choice ix
CHAPTERONE
Great People Decisions: A Resource for You 1
CHAPTERTWO
Great People Decisions: A Resource for Your Organization 25
CHAPTERTHREE
Why Great People Decisions Are So Hard 53
CHAPTERFOUR
Knowing When a Change Is Needed 85
CHAPTERFIVE
What to Look For 117
CHAPTERSIX
Where to Look: Inside and Out 157
CHAPTERSEVEN
How to Appraise People 193
CHAPTEREIGHT
How to Attract and Motivate the Best People 229
vii
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viii CONTENTS
CHAPTERNINE
How to Integrate the Best People 255
CHAPTERTEN
The Bigger Picture 279
APPENDIX A
The Value of Investing in People Decisions 293
APPENDIX B
Selected Bibliography on Assessment Methods 297
Notes 301
Acknowledgments 321
Index 325