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Too many companies are wasting their resources - their people and their financial leverage - by per petuating outdated approaches to talent management. They structure jobs rigidly, forcing many people to work a 9 A.M. to 5 P.M., Monday through Friday, workweek. They focus their training on functional skills, not on aligning employees' capabilities with the strategic objectives of the business. For leadership development and career advancement, they rely on long-standing training courses that don't reflect the contributions that people can make in today's flat, flexible, and entrepreneurial organizations. And their compensation systems do not adequately link to performance or hold managers accountable for developing the talent of their staff and their direct reports.
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