Tuesday, February 11, 2020
SG Cowen Recruitment System Case Study Example | Topics and Well Written Essays - 1250 words
SG Cowen Recruitment System - Case Study Example The company still seeks to grow further by diversifying into the geographical regions of the world but wants to keep an integrated mission and vision for hiring new talent and recruits at the various positions in the company. The case outlines the recruitment session for a period of 2001-2002 at SG Cowen, starting from the establishment of the recruitment procedures at the company and the flow of applicant and recruitment selection at all levels of the company. The case of SG Cowen: New Recruits has been analyzed through observation. It has been observed that the company has an established and exhaustive recruitment process for hiring recent graduates, which pertains to inviting applications from candidates in the market, targeting candidates from the core schools by holding interactive career setting and recruitment sessions with the interested applicants and tier based interview sessions at the universities as well at the company in New York. Through the information provide in the case, it has been noted that the recruitment procedure for new graduates into SG Cowen is based on the strategy formulated by Rae. This strategy by Rae is to target the core schools and universities for the future employees of SG Cowen. These core schools include schools ranked amongst the top 10 business schools in the United States as well as the 15 schools which make up the top 25 schools in the United States. This is a unique strategy to adopt in a highly competitive market for recruits. It was also observed that the only the academic performance of the candidates and their previous work records and experiences were not the only factors taken into account when making a decision for hiring new recruits. The orientation of the candidates, as well as their drive, interest and passion for the business and the industry as well as the suitability to the culture of the organization were also taken into account when deciding on the selection of new recruits to be hired by SG Cowen. The problem that has been observed in the case pertains to the issues faced by the management of SG Cowen when it comes to deciding the final recruits amongst those candidates who have the potential, the drive as well as the academic record and experience to be recruits of SG Cowen but for some reason have not received affirmation form all the interviewers at the Super Saturday interview rounds. Connections to Human Resource Management The article is very much related to the human resource field and the Human Resource Management function. This case provides the entire recruitment and selection process at SG Cowen which is a part of the human resource management function. The case depicts the recruitment steps and process though which the candidates go through to be hired by the company. These steps pertain to on On Campus Round and Super Saturday which culminate in the selection of the class of 30 or so recruits for SG Cowen. The On Campus round takes the form of introduction and sign up sessions at the core schools where the interested students can sign up for applying as a candidate to SG Cowen. An informal session is kept between the representatives of SG Cowen, the MD and the
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