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Time, Talent, Energy
Business leaders know that the key to competitive success is smart management of scarce resources. That`s why companies allocate their financial capital so carefully. But capital today is cheap and abundant, no longer a source of advantage. The truly scarce resources now are the time, the talent, and the energy of the people in your organization—resources that are too often squandered. There`s plenty of advice about how to manage them, but most of it focuses on individual actions. What`s really needed are organizational solutions that can unleash a company`s full productive power and enable it to outpace competitors.

Building off of the popular Harvard Business Review article, "Your Scarcest Resource," Michael Mankins and Eric Garton, Bain & Company experts in organizational design and effectiveness, present new research into how you can liberate people`s time, talent, and energy and unleash your organization`s productive power. They identify the specific causes of organizational drag—the collection of institutional factors that slow things down, decrease output, and drain people`s energy—and then offer a simple framework for how managers can overcome it. With practical advice for using the framework and in-depth examples showing how the best companies manage their people`s time, talent, and energy with as much discipline as they do their financial capital, this book shows managers how to create a virtuous circle of high performance.

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