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Thumbnail image for product with reference number 9-405-031
The Roller Coaster Ride: The Resignation of a Star
Case
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Reference no. 9-405-031
Subject category: Human Resource Management / Organisational Behaviour
Authors: Boris Groysberg (Harvard Business School); Steve Balog (Harvard Business School); Jennifer Haimson (Harvard Business School)
Published by: Harvard Business Publishing
Originally published in: 2004
Version: 23 February 2007
Length: 30 pages
Data source: Field research
Topics: Organizational behavior; Management performance; Employee retention; Power and influence; Compensation; Human resource management; Negotiation
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Abstract

Presents a detailed account of power dynamics that unfold in the firm when one of its best and brightest threatens to leave. Focuses on the dynamics of attracting, retaining, compensating, negotiating, and leveraging a star performer in a professional services firm. A manager and a star performer fight to improve their relative bargaining power. Specifically traces the detailed events from the resignation threat to the research director's struggle over deciding whether to counteroffer, to promote a junior, or to hire from outside the firm. The teaching purpose is to discuss issues ranging from managing talent to resignation dynamics, power and influence, compensation, negotiation strategies, and managing a professional services firm.
Industry:
Securities & investment banking
Size:
200 employees, USD500 million research budget
Other setting(s):
2004
Thumbnail image for product with reference number 5-407-100
The Roller Coaster Ride: The Resignation of a Star
Teaching note
-
Reference no. 5-407-100
Subject category: Human Resource Management / Organisational Behaviour
Authors: Boris Groysberg (Harvard Business School); Geoff E Marietta (Harvard Business School); Robin Abrahams (Harvard Business School)
Published by: Harvard Business Publishing
Originally published in: 2007
Version: 21 April 2010
Length: 23 pages
Data source: Field research
View full details

About

Abstract

Presents a detailed account of power dynamics that unfold in the firm when one of its best and brightest threatens to leave. Focuses on the dynamics of attracting, retaining, compensating, negotiating, and leveraging a star performer in a professional services firm. A manager and a star performer fight to improve their relative bargaining power. Specifically traces the detailed events from the resignation threat to the research director's struggle over deciding whether to counteroffer, to promote a junior, or to hire from outside the firm. The teaching purpose is to discuss issues ranging from managing talent to resignation dynamics, power and influence, compensation, negotiation strategies, and managing a professional services firm.

Settings

Industry:
Securities & investment banking
Size:
200 employees, USD500 million research budget
Other setting(s):
2004

Related

Thumbnail image for product with reference number 5-407-100
The Roller Coaster Ride: The Resignation of a Star
Teaching note
-
Reference no. 5-407-100
Subject category: Human Resource Management / Organisational Behaviour
Authors: Boris Groysberg (Harvard Business School); Geoff E Marietta (Harvard Business School); Robin Abrahams (Harvard Business School)
Published by: Harvard Business Publishing
Originally published in: 2007
Version: 21 April 2010
Length: 23 pages
Data source: Field research
View full details