Evaluation of Candidates' Qualifications
1. Which two candidates would you select if you were a member of the recruiting committee?
2. Evaluate SG Cowen’s recruitment and selection processes. Offer your recommendations to improve the processes?
I. According to me all the four candidates are more or less equally qualified for getting the offer at SG Gowen. All of them have their individual skills which will be helping the bank to grow in their market and reach their targets and take the take bank to the next level. Among the four candidates – Natalya Godlewska, Martin Street, Ken Goldstein and Andy Sanchez, who ever will be joining the company will be an asset for the company because each one them has their individual skills which will be benefitted for the company. As a recruiter I have to choose any two candidates among four of them which is a difficult job. Among the four the best two candidates according to me are- Natalya Godlewska and Ken Goldstein. Natalya is a very good student and has passed out from one of the best European university with highest grades. Due to her outstanding results she went back to her undergraduate university to teach as an assistant professor before joining Cornell as a MBA student. She is already staying out of her country from an early age so if the company wants to send her anywhere in the world for work purpose then it can be easily done. Apart from Polish she also knows other languages like – Russian, Germany and a little bit of French (Rivera, 2012). There are many people who cannot speak fluent English but can speak fluently any one of these languages they it will be better for the bank to put forward Natalya to deal with them. She also worked in a company that develops the Merger & Acquisition model software after doing her graduation. She is an enthusiastic girl, who has a habit to know more and this acts as a benefit for the firm. In the interview one of the directors’ told that she is not so open at first but according to me this does not act as her negative point. Many people take time to open up but gradually they give the best result. So for me she is one of the candidates among the two (Zhao, & Qian, 2014).
Another eligible candidate according to me for this post is Ken Goldstein, a MBA from Berkeley. He is an ex-employee of Price Water House Coopers. He reached the post of manager very steadily and was an asset for the company. He used to manage the audit teams, drawing the budgets and pricing of projects works, making business presentations and solving the technical accounting problems for their clients. Ken’s performance appraisal is among the top of the organization. As an experienced person Ken is an asset for the company. He is a married man and he had to look after his family so according to one of the directors’ he might not work around 24 hours of the clock (Kim,Jeon, Jung, Lu, & Jones,2012).. He is one of the matured person among the selected candidates and as an experience candidate he will be benefitted for the firm in many ways. Ken is a hard working person so if he is asked to do anything by his team heads then I don’t think he will disobey him. He knows what his responsibilities are and according to those he will manage his work. So by seeing all his experience and qualifications he is one of the top candidates who need to be selected for the company (Avery, McKay, & Volpone, 2013).
The other two candidates are also good but Martin Street does not have any corporate experience and so if he is selected then he has to be trained from the beginning which is not possible in current situation for the firm to do so and his grades are also unknown and it was totally unknown to the interviewers that what type of student he is (Otani, 2014).. For Andy Sanchez, he himself is an entrepreneur so for how many years he will be serving the firm is not known because he has his own tutoring centre and his yearly income is also very good. So, both of them are not fit for the organization though they have outstanding individual skills which is beneficial for the firm (Doornenbal, Stitselaar, & Jansen, 2012).
As a growing company the ideas and planning done by SG Gowen is almost perfect and they are proceeding in the right path to take their company in the next level. To keep the company growing the firm should look into few matters which will keep the company growing. As the company is a new in the US market and they do not have alumnae’s of all the best colleges of the country (Wesson, 2012).To keep in contact with every college so that they get best students from there they should go for seminars. During seminars they should take the student of those college there so that student can easily interact with them without any hesitation (Boyd, Lankford, Loeb, Ronfeldt, & Wyckoff, 2011). The firm is already hiring candidates for summer internship from few colleges and to keep that going they should go for best universities for recruiting them so that students can know their working structure and during the final placements they should be eager to join their firm only. The organization should think of expanding their branch in other areas also so that colleges of other countries also know about them and approach them for recruiting their students (Chaneta, 2014).
References
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Avery, D. R., McKay, P. F., & Volpone, S. D. (2013). Internship: a recruitment and selection perspective. Journal of Applied Psychology, 96(1), 221.
Avery, D. R., McKay, P. F., & Volpone, S. D. (2013). Diversity Staffing: Inclusive Personnel Recruitment and Selection Practices. The Oxford Handbook of Diversity and Work, 282.
Boyd, D., Lankford, H., Loeb, S., Ronfeldt, M., & Wyckoff, J. (2011). The role of teacher quality in retention and hiring: Using applications to transfer to uncover preferences of teachers and schools. Journal of Policy Analysis and Management, 30(1), 88-110.
Chaneta, I. (2014). Recruitment and Selection. International Journal of Managment, IT and Engineering, 4(2), 289-302.
Dinh, H. T., Palmade, V., Chandra, V., & Cossar, F. (Eds.). (2012). Light Manufacturing in Africa: Targeted Policies to Enhance Private Investment and Create Jobs. World Bank Publications.
Doornenbal, E., Stitselaar, W., & Jansen, L. (2012). Recruitment & Selection.
Javaid, H. B., Qayyum, U., Hashmi, E. N., Asif, A., Farees, A. A., & Sultan, F. (2014, March). STATISTICAL ANALYSIS ON THE ROLE OF GPA, QUALIFICATIONS AND SKILL SETS IN THE RECRUITMENT AND SELECTION OF AN APPLICANT (GRADUATE). In 12th International Conference (p. 279).
Kim, K. H., Jeon, B. J., Jung, H. S., Lu, W., & Jones, J. (2012). Effective employment brand equity through sustainable competitive advantage, marketing strategy, and corporate image. Journal of Business Research, 65(11), 1612-1617.
Otani, M. (2014). U.S. Patent No. 20,140,358,542. Washington, DC: U.S. Patent and Trademark Office.
Rivera, L. A. (2012). Hiring as cultural matching the case of elite professional service firms. American Sociological Review, 77(6), 999-1022.
Weinstein, R. (2015). Employer Screening Costs, Recruiting Strategies, and Labor Market Outcomes: An Equilibrium Analysis of On-Campus Recruiting.
Wesson, L. M. (2012). Human capital: A phenomenological study of the small business owner's approach to hiring and job creation (Doctoral dissertation, UNIVERSITY OF PHOENIX).
Zhao, X., & Qian, G. (2014). On Multivariate Time Series Model Selection Involving Many Candidate VAR Models. European Journal of Pure and Applied Mathematics, 7(1), 1-21.
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