Sg Cowen Case Analysis - 2071 Words

Ernest Jamison Dr. Heisler HRM6622 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 â€Å"rounds† and begins in the fall of each year when SG Cowen’s recruiting team starts making company presentations at its †core business schools† where it has participated in the schools recruiting programs. SG Cowen’s concentration is on its core business schools; however they†¦show more content†¦The team captain allows the organization to have that â€Å"go to† person that has an established rapport with individuals within the schools community and its administration. These relationships will allow the team captain to focus on specific organizational needs based on needs assessments and the strengths of the school’s curriculum. Another positive or strength of the team captain placement is the use of school alumni. A team captain will have greater success and be more passionate about selling SG Cowen if they are familiar with their environment and trying to recruit â€Å"one of their own†. A negative or weakness of the centralized recruiting method implemented by Rae at the core business schools was the limitations and restrictions that the method itself created. Again I reflect on the biggest limitation, limited candidates based on the 15 school concentration. Centralized recruiting creates a limit to the quality of the candidates even though they potentially come from the best schools. Some of the candidates may not possess the best qualifications or most impressive GPA, being open to resume solicitations is not the same as directly or indirectly making your presence or influence known. Another negative or weakness of Rae’s method is using banking professionals as team captains. Even though the banking professional can illustrate a good position prospective and will ensure that the organizations needs and goals are being met, theyShow MoreRelatedSg 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. 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