What are the real key decision points/elements of the recruiting process for SG Cowen?
SG Cowen has a extremely demanding recruitment process for new associates. The method consists of multiple " roundsвЂќ, begins in the fall of every year and comes to a close at the end of " Very SaturdayвЂќ, which can be the final circular of the method. On Very Saturday, individuals core business schools are interviewed pertaining to positions of associates. The main element elements of the recruitment process are: п‚· п‚· п‚· п‚· The targeting to the next 15 of the top twenty-five business educational institutions, instead of the top. The company presentation at each from the core universities, in advance of the interview schedules, by team captains. The chance for educational interviews prior to the official ones. The testing intended for culture in shape for the candidates
What is their evaluation from the process used by the company, what are solid points and what are weak points? State the argument.
The evaluation with the process used by SG Cowen is that this can be a very challenging process which in turn consists of a organised and rigid plan for producing hiring decisions. A very strong point of the procedure is Ray's approach in this by centering to the next 15 top schools you can find even more loyal and competitive pupils. Additionally , by doing the informational interviews, the team captains may distinguish the scholars who really want to be prepared for the state interviews. One more positive point is that the prospects do not be based upon one-vote decisions. Furthermore, you can actually CEO is present and provides support by giving speeches to attract new employees. However, there are some faults in the process. Decision makers need to finish the procedure as quickly as possible, because the event is definitely organized inside their free time. This may lead to the wrong selection of candidates. Additionally , there is a potential bias in the selection process, due to personal preferences from the bankers and due to time constraints. Last but not least, when a few candidates have...