In Talent Manifesto, Heckman shows how the highest-performing companies are able to dance “The Talent Waltz”:
1. Defining with laser-like precision what type of talent is required to create and then execute a winning business strategy
2. Managing talent with data analytics that predict and explain a wide range of business outcomes, including financial performance relative to competitors.
3. Creating talent processes that are simple, fast and maybe even fun for stakeholders
Using the principles in The Talent Waltz, Heckman further shows in detail how to maximize business performance through the disruption of talent practices, including:
• Changing hiring methods, including using artificial intelligence, to help source candidates and offering data-driven assessment methods that are proven to identify candidates who will perform well and who will fit into a company culture
• Identifying engagement drivers at the individual level, specifically for those in the most pivotal roles
• Changing reward practices so that they go from spreading tiny increases equally among all to bringing a much sharper focus on incenting people who make the biggest difference in corporate victories