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
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Case Preparation Summary – SG Cowen Short-Cycle Summary SG Cowen‚ an investment bank‚ is in the process of hiring a new class of associates. In this process‚ there remain two available positions‚ and Chip Rae‚ the Director of Recruiting‚ and a group of 30 bankers have four candidates to choose from. The group is having a hard time deciding how they will extend the offers‚ primarily due to their different opinions based on an evaluation system that allows biased and inconsistent feedback. The time
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SG Cowen: New Recruits There were several different key decision points used by SG Cowen in making hiring decisions on each stage of recruiting process. During the informational interview‚ team captains assigned to each schools weren’t particularly evaluating possible candidate. However‚ it did served two purposes: - To gauge some candidates are more serious and enthusiastic than others - To give candidates chance to learn more about the firm and industry before the interview that they will
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College of Business Administration MGT 352: Human Resource Management Group Project Case Study Analysis Harvard Business School Case #9-402-028: “SG Cowen: New Recruits.” Group 5 Bizik‚ Sedat Dögen‚ Serkan Gahn‚ Philip Kominek‚ Lukas Wenz‚ Eugen Group 5 Table of contents 1 Introduction .........................................................................................................3 2 The recruiting process ..........................................................................
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Selecting the Candidate for Extending a Job Offer at SG Cowen The recruiting committee of SG Cowen is facing an important decision in regards to selecting two persons from the pool of four remaining candidates after all definite “Yes” and “No” have been identified. Being the member of the Super Saturday hiring group from the company I would have to make a decision that would have a dual effect: * Being an associate of the company I am vested in its success which depends in a great degree on
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Case Analysis #1 1. What are the key decision points used by S.G. Cowen in making hiring decisions? What is your evaluation of the process used by the firm? The key decision points S.G. Cowen used in making hiring decision were two formal interviews and Super Saturday. To hire new employees‚ S.G. Cowen firstly sends team captains to each core schools to make company presentations and conduct ‘informational interviews’ as a supporting activity for formal process. And after receiving resumes from
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21 July 2009 SG Cowen Case Analysis Chip Rae and SG Cowen have a very demanding candidate recruitment‚ selection and hiring process for new external associate hires. It is without a doubt directed to securing only the most talented personnel that is available to them. Only the top notch candidates with exceptional education and/or job accomplishments are even considered for interviews. The stringent process consists of multiple “rounds” and begins in the fall of each year when SG Cowen’s recruiting
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“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 being
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HRD CASE ANALYSIS 1. SG Cowen: New Recruits SG Cowen is a firm which was born when Société Générale bought Cowen and Company in 1998 and is mainly rooted in Boston. Its main interest is to focus on emerging growth companies in two volatile but highly profitable areas‚ health care and technology. The case is mainly about the company’s recruiting issues. SG Cowen has not invested on ‘On campus recruit’ because they didn’t have enough money to spend on that like other big competitors‚ JP Morgan
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S.G. Cowen Case Assignment The firm originates from the purchase of Cowen and Company by French international bank‚ Société Générale‚ in 1998‚ thus merging into S.G. Cowen. As stated by their CEO‚ Kim Fennebresque‚ the investment bank focused predominantly on emerging growth companies in two volatile but possibly highly lucrative industries‚ healthcare and technology. The company is looking to recruit‚ from a wide range of candidates‚ for its associate program. The recruiting director‚ Chip Rae
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