Great book on Internal Labor Market

There are market benchmark data you can purchase or you can participate on their market survey to find out where your company is relative to the same industries or related to other industries. That is external factor and like it or not, it is not 100% apple to apple comparison.

What about internal data that is available in your fingertip? that cost you nothing and yet equally powerful! That give you a true picture of your current internal Labor market.




I recommend you to read "Play To Your Strengths - Managing Your Internal Labor Markets for Lasting Competitive Advantage" by Haig R Nalbantian, Richard A Guzzo, Dave Kieffer and Jay Doherty. This book is available in Amazon.com. it is worth to invest.


In chapter4, the author mentioned internal labor market, it show number employee hire, promoted and left of an organization. Take this ideas, I built an web application, consolidated information from vary sources (SAP PA/PA, OM, PM, C&B), compiled it into a simple HR dashboard, just like what is described in Chapter 4 ILM diagram, a business tools that provides a lot of flexibilities to cater for fundamental need for each and every organization. From analysing, understanding, simulating and implementing Organization Development (OD) intervention where is applicable.