Human Resources Management - SG Cowen
Added on 2020-12-18
8 Pages2474 Words499 Views
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Human ResourcesManagement
TABLE OF CONTENTSINTRODUCTION ...............................................................................................................................3MAIN BODY ......................................................................................................................................31. Evaluating the recruitment strategy implemented by SG Cowen and, more generally, the concentration on core graduate schools...........................................................................................32. Evaluating the selecting practices of SG Cown...........................................................................5CONCLUSION....................................................................................................................................7REFERENCES.....................................................................................................................................8
INTRODUCTIONHuman is considered to be as crucial resource for running business smoothly. Human resource management is considered to be as an essential business activity which is executed for managing employees at workplace. With the passage of time their has been increase in the roles as well as responsibility of human resource manager. The function of manager in an enterprise is to recruit highly talented and skilled people. The present report is based ion the case study of SG Cowen. Study will include critical evaluation of recruitment strategy implemented by an organization. It will also emphasize on determining the effectiveness of selection procedures utilized by SG Cowen and interviewing process conducted by associate as well as senior bankers.MAIN BODY 1. Evaluating the recruitment strategy implemented by SG Cowen and, more generally, the concentration on core graduate schools.Recruitment strategy basically depicts an action plan taken up by an employer or an agencyto conduct their hiring procedure with an utmost concern of filling up the vacant positions. It isreferred to be one of the most important business strategies in today’s contending world (Lybrand,2018). Present case is with reference to the recruitment strategy adopted by SG Cowen, focusingmore upon hiring new outside associates from core business schools. For which, 9 business schoolswere targeted to conduct an on- campus recruitment program. It is with a specific consideration ofundertaking a global recruitment strategy that consists of huge benefits. It leads to an improvedquality of hiring with a rising sense of diversity and cultural literacy in the employers. This alsoprovides a better capability of sourcing candidates having effective futuristic skills to keepperforming well (Bailey, Mankin and Garavan, 2018). Hence, on evaluating the undertaken strategyof on campus recruitment of SG Cowen, they have been found to target upon some core businessschools involved NYU, Chicago, Columbia, Cornell, Emory, USC, Washington University, NotreDame and Berkeley. The undertaken strategy of campus recruitment is a key procedure of hiring therecent graduates, directly from their respective business schools and thus enable the enterprises tochoose the brightest student as the surest way of developing a pipeline of entry level talents. Thereexists large number of benefits of campus level recruitment that permit the recruiters like SGCowen to tap into a huge pool of highly educated and diverse applicants to meet the rising numberof opportunities in the future. The major advantage of campus recruitment is that company can getenergetic people. In addition to this, an enterprise can built up more company loyalty throughcampus selection procedure.
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