Introducing the new, realistic loyalty pact between employer and employee The employer-employee relationship is broken, and managers face a seemingly impossible dilemma: the old model of guaranteed long-term employment no longer works in a business environment defined by continuous change, but neither does a system in which every employee acts like a free agent. The solution? Stop thinking of employees as either family or free agents. Think of them instead as allies. As a manager you want your employees to help transform the company for the future. And your employees want the firm to help transform their careers for the long term. But this win-win scenario will only happen if both sides trust each other enough to commit to mutual investment and mutual benefit. Sadly, trust in the business world is hovering at an all-time low. We can rebuild that lost trust with straight talk that recognizes the realities of the modern economy. So, paradoxically, the alliance begins with managers acknowledging that great employees might leave the company, and with employees being honest about their own career aspirations. By putting this new alliance at the heart of your talent management strategy, you'll not only bring back trust, you'll be able to recruit and retain the entrepreneurial individuals you need to adapt to a fast-changing world. These individuals--flexible, creative, and with a bias toward action--thrive when they're on a specific tour of duty--when they have a mission that's mutually beneficial to employee and company that can be completed in a realistic period of time. Coauthored by the founder of LinkedIn, this bold but practical guide for managers and executives will give you the tools you need to recruit, manage, and retain the kind of employees who will make your company thrive in today's world of constant innovation and fast-paced change.
Reid Hoffman is an American entrepreneur, venture capitalist, and author who is best known as the cofounder of LinkedIn.
Ben Casnocha is a bestselling author and the founder of Comcate, an e-government technology firm.
Chris Yeh has been building Internet businesses since 1995. He is a general partner at global venture fund Wasabi Ventures and an active advisor to a wide array of startups.
"In a provocative new book, the father of social networks reveals a startling new way to reframe the relationship between employers and employees." -- "Fortune" magazine
ADVANCE PRAISE for "The Alliance"
Jeffrey R. Immelt, Chairman and CEO, General Electric--
"GE is competing in its third century. The key to sustained performance is developing competitive leaders in every era. "The Alliance" captures the essence of modern talent development: trust and mutual value creation helps both employer and employee compete in the marketplace. The authors lay out a framework that helps big companies as well as start-ups develop their people more effectively, while creating a competitive team."
Kenneth I. Chenault, Chairman and CEO, American Express--
"Engaged employees are the key to success in any business. "The Alliance" is a terrific book that offers real-world insights on how to build loyalty, inspire creativity, and manage winning teams for the long term."