Sg Cowen - 1147 Words

I. Overall Comments: The Harvard Business School article gives an overview the vast nature of recruiting by examining the recruitment process of SG Cowen. SG Cowen has a pioneer approach to recruiting therefore they have a quality of associates that is second to none. Their approach to recruiting combines common sense and consistency to recruit the most valuable associates. By changing their tactics from recruiting at only the top 10 schools, to recruiting at other non-core schools has given them a greater variety in the quality of their recruits. This approach is both realistic and sensible. This paper discusses in detail the case and how the simple recruiting procedures of SG Cowen result in higher caliber of individuals that†¦show more content†¦The combination of all these ideas and plans really helps SG Cowen find the individuals that are the best â€Å"fit† for the company. They inquire about numerous things that on its face, do not seems to be part of the normal interview pr ocess. For example, questioning whether candidates would fit in a particular office, such as New York, when they come strictly from the Midwest. Analyzing everything about the candidates, such as culture, in addition to education and qualifications, really assist the company in the recruiting process. Gregg Schoenberg, a Cornell grad, is now the team captain for the Johnson School of Business at Cornell and he is a classic example of why the recruiters at SG Cowen now spend much more time at the non-core business schools. He explained how, once SG Cowen became more accepting of students at a non-core school, (which Cornell was when he first was hired) and he emphasized that the recruits need to be â€Å"fast learners.† III. Connections Lessons Learned: Throughout this case, the overwhelming lesson I learned is the fact that all companies, large or small, are concerned with the quality of their recruits. They want to ensure that they have the most levels of recruiting and they have numerous opportunities to scan the competence and talent of candidates. In the end, after â€Å"Super Saturday† was over, the bankers were struggling with four vastly different individuals, yetShow MoreRelatedSg Cowen Case Analysis2071 Words   |  9 Pages21 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 â€Å"rounds† and begins in the fall of each year when SG Cowen’s recruitingRead 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 MoreSg Cowen911 Words   |  4 PagesSG Cowen: New Recruits 2011120259 ì  â€¢Ã¬Å"  Ã¬ §â€ž 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? Key decision points: Paying more attention to the next 15 universities in the top 25 - They used to compete with big firms like JP Morgan and Goldman for recruiting new employees, but it was hard to get the best students from the best schools. Because competitors got most of the best students with huge recruitingRead MoreSg Cowen1512 Words   |  7 PagesSG COWEN: NEW RECRUITS | COURSE ID: HRM301SECTION: 04 | COURSE LECTURER:MS. SABIN RAHMAN | TEAM MEMBERSNAME: NAFEES REZAID: 1120277NAME: TAMZID RABBYID: 1130419NAME: ABU HENA MOSTAFA AWALID: 0910373NAME: MD. GOLAM GAUS SOLAIMAN CHOWDHURYID: 0830079NAME: FAISAL AHMEDID: 1010193 | SUBMISSION DATE:27TH FEBRUARY, 2013 | 1. WHAT ARE THE KEY DECISION POINTS USED BY S. G. COWEN IN MAKING HIRING DECISION? WHAT IS YOUR EVALUATION OF THE PROCESS USED BY THE FIRM? – 03 2. WHAT IS YOUR EVALUATIONRead MoreSg 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 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 MoreNew Recruits in SG Cowen2825 Words   |  12 PagesCase 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 timeRead MoreSg Cowen, Case Study Essay1963 Words   |  8 PagesAmirose 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,Read MoreHiring Process Of New Associates Essay972 Words   |  4 Pagesthe following summer. As a result of SG Cowen being a lesser-known firm, there was a focus on building name recognition and continued student interest in their firm. By broadening their recruitment scope beyond the top 10 schools to the top 25 schools, they hoped to bring better talent and more loyalty as they could focus on high performers across many schools, rather than competing for a smaller selection of higher talent among 10 schools. Furthermore, SG Cowen utilized alumni for recruiting effortsRead 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 candidates