Chasing Stars: The Myth of Talent and the Portability of by Boris Groysberg

By Boris Groysberg

This e-book was once a quick learn, and saved me from its first to its final web page! there have been such a lot of fascinating findings, and the only I loved most sensible used to be relating to famous person adult females, and the way they generally tend to keep up their superstar prestige higher than their male opposite numbers, after they switch organizations. I loved the examples, and that i completely suppose that this publication is a needs to learn for someone who's within the task industry, or plans to hitch in. because the head of HR in my company, i'm going to without doubt be extra cautious approximately falling into the "winner's curse" capture whilst hiring excessive acting humans. This publication is gold! learn IT!!

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That was Josie’s style. ” Esquivel joined E. F. Hutton in 1987 as an equity analyst in the apparel and textiles sector. An equity analyst at a brokerage house studies compa- 20 Part One | Talent and Portability nies in a particular industry by analyzing financial data, keeping abreast of industry-wide and company-specific developments, and talking to management, customers, and suppliers. Analysts use this information to produce predictive models, research reports on firms’ strategies and prospects, competitive earnings forecasts, and buy and sell recommendations.

We have always been given the freedom to be ourselves and create our own style. ” But over the previous couple of years Lehman’s research department had been rocked by cost cutting, defections, and the abrupt firing of ­Esquivel’s mentor, research director Jack Rivkin. Two weeks earlier a client had warned Esquivel that her franchise would deteriorate unless she found a new employer. ” After days of weighing the pros and cons, Esquivel had to decide. ” she asked herself repeatedly. “Can I move my fran- 15 chise from Lehman to another firm?

6 A typical hard-charging analyst also spends approximately one-third of his or her time traveling, often on marathon trips to multiple cities and hard-to-reach corporate headquarters. Eighteen-hour days are routine. Analysts make dozens of phone calls a day to sources and clients. And they work under extreme pressure. “You’d like to do a month of research but you have to decide now,” Steve Balog explained. “There are a lot of people that cannot do that, 36 Part One | Talent and Portability emotionally cannot do that.

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