Capital Market Services at Morgan Stanley (hereafter referred to as MS) is facing the challenging question of how to effectively handle Parson’s annual performance review without creating a vacancy in an irreplaceable area that 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
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Origins The Morgan banking legacy dates way back to the mid of 1800‚ when Junior S. Morgan joined the company in his late thirties that‚ in the future‚ eventually become the world renowned J.P Morgan and Co... His son‚J. Pierpont Morgan ‚ who was to be the founder of J.P Morgan and Co.‚ was the financial titan of his day‚ acting as the United States’s unofficial banker‚ recognizing its railroad and helping to form great industrial combinations‚ such as General Electrics and U.S Steels. J.P Morgan Jr. succeeded
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Rob Parson at Morgan Stanley 1.360º Performance Evaluation System Overview 360 º performance evaluation system is a multi source feedback model for evaluating the performance of the employees within a company. The main purpose of this system is to develop the employees‚ not to use it for the administrative purposes as promotion‚ firing‚ and compensation package. The feedback is received from the direct manager‚ customers‚ peers and subordinates. Also‚ the self-evaluation of the employee is taken
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Enterprise Services 17 Conclusion 18 References¬ 19 MORGAN STANLEY: SERVICES MARKETING ”Morgan Stanley is a leading global financial services firm providing a wide range of investment banking‚ securities‚ investment management and wealth management services. The Firm’s employees serve clients worldwide including corporations‚ governments‚ institutions and individuals from more than 600 offices in 33 countries.” (Anonymous‚ 2007) Morgan Stanley is known world-wide and has been growing tremendously
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1 .Why did Morgan Stanley underinvest in information technology? His main focus was on management and organization changes and not information technology‚ when trying to restore revenue. Also‚ when the two publicly held companies merged together‚ their operations were still running as if they were two different entities. Dean Witter’s Retail Brokerage which managed close to $616 billion in client assets where never fully integrated into Morgan Stanley’s information systems. Some individuals mainly
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“Morgan Stanley is a global financial services firm that provides a comprehensive suite of products to a diverse group of clients and customers including corporations‚ governments‚ financial institutions‚ and individuals. MS currently has three operating segments: Institutional Securities‚ Global Wealth Management Group‚ and Asset Management.” Strengths * Extensive & diversified product portfolio * Ability to leverage global operations * Diversified revenue stream that helps in market
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Case 1. AMAZON.com Kim Dong Kyun 1. How has amazon’s entry shaken-up retail book supplychain? Traditionally‚ The book industry is the chain of “publisher-wholesalers-retail bookstores”. However‚ Amazon.com made this chain or supply useless. At amazon.com‚ unlike traditional bookstores‚ there are no bookshelves to browse. All contact with the costomer is either through its web site or by email. At the firm’s web site‚ customers can search for a specific book‚ topic and etc. Customers can
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MORGAN STANLEY RESEARCH ASIA/PACIFIC Morgan Stanley India Company Private Limited+ Vinay Jaising Vinay.Jaising@morganstanley.com +91 22 2209 7780 Surabhi Chandna Surabhi.Chandna@morganstanley.com +91 22 2209 7149 May 20‚ 2010 Industry View In-Line India Telecommunications 3G Auctions Done; Upgrade Industry to In-Line What’s Changed Industry View: India Telecommunications Cautious to In-Line We upgrade our view on the India telecom industry to In-Line for three reasons:
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HRM Case 4 – Rob Parson The given case describes the general hiring process of Morgan Stanley and how their employees are evaluated. The main purpose of this text is the evaluation of Rob Parson and whether or whether not he is suited for a promotion becoming managing director of a certain branch of the company. The text gives a description about Rob Parson past‚ academically in his job career prior to Morgan Stanley and how his colleagues describe him. In addition to this Paul Nasr is also described
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Morgan Stanley: The 360 Performance Evaluation Process ▪ 1993: Morgan Stanley (MS) implements firmwide 360-degree evaluation process for over 2‚000 professional employees at cost of over $1.5M. ▪ MS’s HR department is called Office of Development; Chief Development Officer is Tom DeLong The New System: ▪ Guiding Principle: 360-degree feedback solicited from: o Superiors
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