Management Wisdom From The New York Yankees' Dynasty,9780471715542

Management Wisdom From The New York Yankees' Dynasty

by ;
ISBN13: 9780471715542
ISBN10: 0471715549
Format: Hardcover
Pub. Date: 2005-04-01
Publisher(s): Wiley
List Price: $24.95

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Summary

Since the 1920's, the New York Yankees have become the most successful sports franchise in history because of the way they manage their talent and their organization. So how do they do it? The Yankees' sustained success can be traced to 14 core management principles, applicable to any business operating today. These principles embrace cultivation of home-grown talent, creation of a culture that demands excellence, pursuit and introduction of the most talented players from outside the organization, promotion of a diversified workforce, and utilization of a productive farm system as currency in making talent deals.

Author Biography

LANCE A. BERGER is a management consultant to Fortune 500 companies and has served as a consultant to Major League Baseball. He specializes in talent management, change management, and compensation. A former general partner for the largest compensation practice worldwide, the Hay Group, he is the author of The Talent Management Handbook, The Compensation Handbook, and The Change Management Handbook. He has been a featured speaker at the United Nations, The Conference Board, and the American Management Association.

DOROTHY R. BERGER is a consultant in talent management. She co-edited The Talent Management Handbook, The Compensation Handbook, and The Change Management Handbook.

Table of Contents

Introduction: How Does An Organization Dominate Its Industry for 80 Years?
Fourteen Principles for Success: Building and Sustaining a Dynasty.
PART I: LEADERSHIP ESTABLISHES THE FOUNDATION.
Chapter 1.Cultivate Ownership Values from the Top Down.
Chapter 2. Hire the Best Frontline Managers You Can Find.
Chapter 3. Formally Recognize Your Informal Leaders.
PART II:PROCESSES FOR DEVELOPING AND MAINTAINING A DYNASTY.
Chapter 4. Set the Bar Higher Than Your People Have Ever Seen It: Quantitative Performance Measures.
Chapter 5. Make Organizational Competencies the Heart of Your Appraisal Process: Qualitative Performance Measures.
Chapter 6. Make Everyone on the Team a Talent Scout.
Chapter 7. Create a Balance of Superstars, Stars, and Solid Performers: Assessing and Classifying Your Employees.
Chapter 8. Establish Your Talent Strategy and Fill in the Gaps.
Chapter 9. Create a Solid Farm System: Train and Develop Your People.
Chapter 10. Pay Your People Based on Their Actual and Potential Contribution.
Chapter 11. Make the Superstar the Focal Point of Your Organization.
 PART III: DESIGN YOUR CULTURE FOR SUCCESS.
Chapter 12. Scout for a Diverse Talent Pool in Unconventional Places.
Chapter 13. Celebrate Your History, Heroes, and Legends: Creating Traditions of Excellence.
Chapter 14. Boldly Promote Your Tradition of Excellence.
Conclusion.
Appendix: Yankee Championship Teams And Key Player Roles.  

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