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Aligning the Stars: How to Succeed When Professionals Drive Results

3.64  ·  Rating details ·  47 ratings  ·  3 reviews
Most businesses rely on talent to succeed, but none so much as professional service firms. Within this rapidly expanding, trillion-dollar industry, professionals--and how they're managed--are the primary source of competitive advantage. In fact, success in this sector is determined more by the people you pay than the people who pay you. This path-breaking book provides rea ...more
Hardcover, 256 pages
Published April 1st 2002 by Harvard Business Review Press
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Ronald J.
Aug 25, 2018 rated it liked it
Stars are the talent who have the highest future value to their firm. Alignment is creating firm practices and structures that fit the strategic requirements of a firm and the needs of its key employees. Simply employing stars is necessary but insufficient; they must be aligned to the firm’s goals, even at their own expense. The authors looked at 18 different firms that evolved well beyond their founding generation (average age was 70 years). Business models are all the same: “selling high-price ...more
Chike Darnayla
Great readings in the industry and life of Professionals and the world level of playing field they are in. Lorsch and Tierney combined experties in Academic and Corporate experience has expload helped me to better understand how this Stars are aligning and how they make and break the world of success - in their point of view. I also recon to read the 'Teaching Smart People how to learn' by HBR Press
Gumble's Yard
Jan 13, 2017 rated it liked it
Shelves: 2015
Interesting if not brilliant book on the management of professional service firms (PSF).

The two key concepts of the book are alignment (that a PSF succeeds best if not exclusively when every element of it is aligned to strategy) and the importance of stars (both up and coming and established ones). The third key concept is the intrinsic distinctiveness of PSFs.

The book starts very well – starting form examining the concept of a single professional and how such an individual relates to clients a
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