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In The Talent Masters , Bill Conaty and Ram Charan explain how to do it. Conaty and Charan say that this is actually the hardest part of becoming a talent master. Your talent assessment/development systems should have as much “rigor and repeatability as systems used for finance and operations.” People deliver numbers.
Ram Charans recommendation is wrong. A similar proposal to Split Finance would likely have been rejected out of hand by organization leaders (and Harvard Business Review editors), because its obvious that the Finance function must fit the organization strategy and leader capabilities. Lets be clear.
In the July/August issue of HBR , Ram Charan argues that the Chief Human Resources Officer (CHRO) role should be eliminated, with HR responsibilities funneled in two separate directions — administration , led by traditional HR-types, reporting to the CFO; and talent strategy , led by high-potential line managers, reporting to the corner office.
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