chapter  2
Beyond HR: Extending the paradigm through a talent decision science
ByJohn W. Boudreau, Peter M. Ramstad
Pages 23

Why are professional disciplines such as Finance and Marketing so powerful in the minds of organization leaders, yet the discipline of HR remains stubbornly associated with personnel administration or human resource practices and programs? In this chapter, we propose that the hallmark of strategic disciplines such as Marketing and Finance is the foundational “decision science” on which they are based.We argue that such a decision science is about to emerge in the arena of the talent market.This evolution echoes the way Finance emerged in the early twentieth century to guide decisions about how organizations compete for and with the resource of money, and as Marketing emerged around the 1950s to guide decisions about how organizations compete for and with the resources of customers and offerings.We have called this the “essential evolution.”