You’ve hired a terrific new employee. Now how do you ensure that your new ‘star’ performs as well as possible?

That’s a question addressed in What It Takes to Make ‘Star’ Hires Pay Off, a new article by Boris Groysberg, Linda-Eling Lee and Robin Abrahams in the Winter 2010 issue of MIT Sloan Management Review.

One of the key findings from the article: Stars shine brightest when surrounded by colleagues of equally high quality. One reason:  High-quality colleagues serve as sources of information and smart feedback that can help their teammates perform at their best.

“The more stars a company has, the easier it is to develop and retain such high-caliber individuals,” the authors note.

Posted in: Feature, hiring