A PROJECT REPORT ON ---------------------------------------------------- SUBMITTED BY -------------------------------------------- T.Y.B.M.S. SEMESTER V 2010-11 ROLL NO UNDER THE GUIDANCE OF PROF. DATE OF SUBMISSION 30ST SEPTEMBER‚ 2010 S.V.K.M.’S NARSEE MONJEE COLLEGE OF COMMERCE & ECONOMICS VILE PARLE (W)‚ MUMBAI – 400 056 DECLARATION I‚ ---------------------------- of S.V.K.M.’S Narsee Monjee College of Commerce and Economics‚ of T.Y.B.M.S. (Semester V) declare that I have
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Management of People at Work Rob Parson Case Study 1 Case Overview The internal environment at Morgan Stanley was one of teamwork‚ employee development‚ dignity and respect. Morgan Stanley had developed a way of building consensus rather that individualism. Rob Parson was thrust into this environment – not sure of what was expected of him and with only one objective in mind – improving the performance of the Capital Markets division. He went about doing this ruthlessly without much care about
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1. Introduction Rob Parson had recently been hired by Paul Nasr‚ a senior managing director at Morgan Stanley as a principal in the Capital Markets Services division. The division had done very little business even with its most important investment banking clients. In particular the bank wanted to improve business with clients in the financial services industry. Parson was hired for his proven track record in this domain‚ for his relationships with clients and for his energetic and entrepreneurial
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was difficult to perform and had seen a tremendous amount of turnover at MS. Nasr had the fear of losing Parson‚ his valuable employee and a star producer if he was not promoted to Managing Director as promised by Nasr during his hiring. Rob Parson‚ Principal‚ Capital Market Services (CMS) had played a critical role in making significant gains in building MS’s revenue and reputation. Parson was an outstanding individual contributor‚ who in his sincere‚ relentless attempt to generate more business
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Leadship:enhancing the lessons of experience Rob Parson at Morgan Stanley (A) Contents Rob Parson at Morgan Stanley (A) 1 Contents 2 Provide a background of the case 3 Should Rob Parson be promoted? 3 Exhibit 3. 4 Conduct the performance appraisal conversation 5 Background Under the leadership of John Mack‚Morgan Stanley was transforming itself into a "One-Firm Firm."They’re very value their employee.They treating each other with dignity and respect.ohn Mack recruit Paul Nasr to
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decision recruited Rob Parson‚ due to his character for being energetic and he has great entrepreneurship. Not only that‚ Rob Parson is the right person that is able to catalyst and help Morgan Stanley’s future business performance. Rob Parson is able to deliver and satisfy clients demand in excellent manner‚ resulting he has generated major business deal for the firm. Clients love him; they always look forward to appoint him for dinner whenever they visit New York. Furthermore‚ Parson is an outstanding
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Case Analysis: Rob Parson at Morgan Stanley (A) 1. Evaluate the effectiveness of the Morgan Stanley performance assessment and management system. The primary source of performance assessment at the firm is a multi-source 360 degree feedback tool. The secondary source is an employee’s self assessment. There are a number of issues as to why the primary tool is not effective in truly assessing the performance of an employee at Morgan Stanley. The first issue surrounds the reliability of
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Albert Parsons was not a dangerous man because he was just fighting for better working conditions. In document A‚ Albert Parsons testimony states that they are just fighting to have better working conditions that they deserve (Document A). The intentions that Albert Parsons has are only to help with working conditions. Wanting to get less working hours and higher pay is not a crime. Therefore‚ Parsons should not be thought as a criminal just because he wants better working conditions. In document
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This case displays a situation in which Parsons is up for a new promotion. The student has to discover if he should be eligible or if he should be looked over. He is a do it kind of guy and does not follow the chain of command. However‚ it is this innititive that I admired. He did not graduate from Harvard and does not act as properly as others from these types of elite schools. Should this be frowned upon or admired due to his ability to take risks. What do you think‚ should he get it or not? Read
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information in three areas and needs. That person must be energetic‚ aggressive and innovative. It was these requirements that led to the appointment of Rob Parson‚ a managing director at a smaller firm with connections to some of the players in banking and insurance industries‚ as market coverage professional. That’s why he recruited Rob Parson. Rob developed relationships with the important players in the banking and insurance industries and a strong reputation. Rob is not easily discouraged or intimidated
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