Sg Cowen, Case Study Essay - 1963 Words

Amirose Panacherry Staffing and Selection Case study 2 11/17/2011 SG Cowen’s biggest strength in their overall hiring process is how invested they are in the whole process. The amount of time, effort and money SG Cowen puts into finding the best candidates is a strength they play upon to retain their clients and to make sure they stay focused in their market. Another benefit I see in their hiring process is the fact that they are fairly specific in what they are looking for, it allows them to hone in on a particular group and narrow the field. Their specificity also narrows down the selection pool but makes the recruitment process far more customized, which is what they want for their organization.†¦show more content†¦An item they should be looking to do is formalize their grading metric during Super Saturday. After reviewing some of the sheets used by the interviewers, it looks like there could be more consistency across the board. Also centralizing the grading system can perform some kind of uniform method that the interview er could assign a more specific grade can help in the deliberation process for the people that fall in the â€Å"maybes†. Also considering that many of these individuals who are interviewing candidates on Super Saturday are not Human Resource professionals, training as to how to properly conduct an interview can prove to be beneficial. Although it is valuable that the interviewers were all at one point in the same position as the candidate looking to become an Associate, it can also sometimes prevent interviewers to be objective while interviewing. An underutilized assessment method I feel that SG Cowen could benefit from is an in basket exercise. I believe this would a valuable tool in helping to assess whether or not the organization will benefit from this candidates skills. SG Cowen emphasizes the importance of a culture fit and the ability to work in certain situations, and having the interviewers be actual associates and bankers they do have the opportunity to give the candidates a realistic job preview. Also they are looking for candidates that are more traditionally banking centric and are no t looking to expand in technologyShow MoreRelatedSg Cowen Case Study1042 Words   |  5 PagesRunning head: SG COWEN CASE New Recruits NAME HRMG313 – Staffing Organizations School of Arts Sciences Davenport University Dianne Rey December 9, 2007 Introduction SG Cowen is an investment banking firm known for its work with growth companies. Formed in July 1998 through the purchase by French commercial banking giant Societe Generale of I-bank Cowen Co., the firm combines the global banking franchise of SG (founded in 1864)Read MoreSg Cowen Case1010 Words   |  5 PagesSG Cowen Analysis Problem Identification: SG Cowens strategy is to recruit the best possible MBA candidates from the top B-schools in the country into their associates program. However, unstructured interviewing and hiring processes may not allow for the overall best candidates to be chosen. Problem Analysis: SG Cowens hiring process is very challenging to its candidate in order to secure only the best talent available to them. The candidates that are even considered for interviewsRead MoreThe Raes Evaluation Form1533 Words   |  7 PagesQ – 1 SG Cowen New Recruits The Rae’s evaluation form has been well designed to evaluate each candidate. Choosing only one assessment method is hard; however, leadership is one of the best assessment method among the others to find a right person for an organization. KSA-Based assessments can be applied for this method. The structured interview is a best way to assess a candidate for the SG Cowen. This type of interview consists of a certain set of questions that are designed to evaluate candidatesRead MoreSG COWEN NEW RECRUITS2751 Words   |  12 Pagesï » ¿Ã¢â‚¬Å"SG COWEN: NEW RECRUITS† CASE STUDY MAJOR FACTS IN THE CASE SG Cowen is a financial firm in the U.S. that is running a hiring process, conducted by Chip RAE who is the director of recruiting at SG Cowen. The case shows the modality through which the hiring process for new outside associates, which begins in the fall, works. The company has different sources of recruiting associates: some analysts can be promoted to first-year associate after beingRead MoreStrategic Management and Information Systems19841 Words   |  80 Pagesfine-tuned to support the new US Airways’ business strategy. US Airways’ systems effort can’t succeed without a significant amount of organizational and management change. The chapter-opening diagram calls attention to important points raised by this case and this chapter. Both US Airways and America West faced intense pressure from airline industry competitors and from rising fuel costs. Management at both companies decided their business strategy needed to change and it should focus on synergies created