...Case Analysis: Recruitment of a Star PROBLEM STATEMENT To recruit a suitable replacement for RSH’s star analyst Peter Thompson PESTC Analysis Political – Nil Economic:- * Increased shuffling of jobs. Social:- * The environment required rigid competencies, high stamina, great communication skills, and frequent client interaction. * The industry average retirement age was approximately 45 to 50. Technological:- * Intensive use of technologies in research. * Due to high competition, staying updated with latest technology provided the edge for firms against its competitors. * Many analysts were expected to provide prompt response to clients’ needs and come up with latest financial instruments benefitting both company and clients. SWOT of RSH: Strengths:- 1. Work culture- Many analyst and industry experts believed that RSH work culture was one of the main competitive advantages. This is so as the company gave space to its analysts to work and allowed and encouraged team work. This ensured the employees felt secured about their job thereby addressing the employees need for safety and social needs. 2. Working in team helped to co-ordinate and achieve more. The employees felt that being part of a team served them well. The company hence satisfied their need for affiliation. 3. The interpersonal relations among employees were good and ensured harmony among them. 4. With seniors helping juniors learn about the industry...
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...semiconductor analyst, Peter Thompson, had abruptly announced his resignation; he had received an offer from one of RSH’s competitors. But Peter was not only a star analyst, he was also RSH’s only semiconductor analyst. This was certainly not a role that could be left vacant for long and, right now, RSH particularly needed strong coverage of the semiconductor industry because of an upcoming deal with the PowerChip company. (See Exhibit 1.) Stephen examined how much money Peter generated for the firm and saw that he could legitimately raise Peter’s compensation. Then he devised a backup plan: to split Peter’s team by encouraging Peter’s junior analyst, Rina Shea, to stay at RSH. Peter ended up leaving the firm and Stephen promoted Rina to senior analyst, assigning her to cover PowerChip and the rest of the semiconductor industry, at least temporarily, while he decided whether to offer her the position permanently or hire someone from outside the firm. Now Stephen faced the task of finding a permanent replacement for Peter. Should he make Rina a permanent offer or hire from outside? RSH Research Department RSH’s corporate culture was especially strong in its research division. Senior research analysts often began as junior analysts and remained at the firm long after the research director gave them their own franchises. Instead of competing with each other, most analysts at the firm supported one another; many had open-door policies and encouraged less-experienced analysts to consult...
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...research at the New York investment banking firm of Rubin, Stern, and Hertz (RSH) who is facing a delima of recruiting a Semiconductor analyst in place of the star analyst who recently quit his job. The issue needs immediate attention because of an upcoming deal with the PowerChip company which requires an expert level analyst Rubin, Stern and Hertz(RSH), an investment banking firm based in New York, is faced with the problem of hiring a replacement for their star semi-conductor analyst, Peter Thomson. Star analysts willing to shift companies are difficult to find in the present market scenario. But Stephen Connor, director of research at the firm, with the help of Craig Robertson, a head-hunter at Triple S, has managed to shortlist 3 worthy candidates with diverse profiles. Stephen was also approached by Anita Armstrong on behalf of a fourth candidate, Seth Horkum.RSH is strong in its Research Division, where Stephen Connor, director of RSH, was worried over the departure of a star analyst performer in its semi – conductor area also on may note that RSH’s culture was built on team-oriented approach and Employee turnover was low. The Star semi-conductor analyst Peter has retired. The post is urgently in need of skilled analyst in the domain because of an upcoming deal with POWERCHIP Company.The junior analyst, Rina was promoted to senior analyst as a stop-gap solution. But the Director had to come across a new person immediately. He creates a pool of eligible candidates – Gerald...
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...Problem Statement: Recruiting a new star analyst for RSH Research department in the semiconductor Industry domain while satisfying client, market and organizational expectations. Introduction to Company Rubin, Stern and Hertz(RSH), an investment banking firm based in New York, is faced with the problem of hiring a replacement for their star semi-conductor analyst, Peter Thomson. Star analysts willing to shift companies are difficult to find in the present market scenario. But Stephen Connor, director of research at the firm, with the help of Craig Robertson, a headhunter at Triple S, has managed to shortlist 3 worthy candidates with diverse profiles. Stephen was also approached by Anita Armstrong on behalf of a fourth candidate, Seth Horkum. · RSH is strong in its Research Division. · Stephen Connor, director of RSH, was worried over the departure of a star analyst performer in its semi – conductor area. · RSH’s culture was built on team-oriented approach. · Employee turnover was low. The Star semi-conductor analyst has retired. The post is urgently in need of skilled analyst in the domain because of an upcoming deal with POWERCHIP Company. The junior analyst, Rina was promoted to senior analyst as a stop-gap solution. But the Director had to come across a new person immediately. He creates a pool of eligible candidates – Gerald Baum, David Hughes, Sonia Metha and Seth Horkum. Pre-screening of candidates was commenced by Director through Personal...
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...1. Why were the Wall Street analysts willing to believe anything about Enron? What factors perpetuated the Enron myth? Why were the warnings ignored? Wall Street analyst did not want to believe that Enron was doing anything illegal, because of the amount of money they knew they could make. In the film, analysts blamed Enron for giving them false information. The false information kept Enron looking profitable, so it was recommended to investors. Also analysts were tricked or “bought” into overlooking the great hole Enron and anyone else participating in the corruption was digging. Enron was portrayed as an innovative company and was featured on covers of magazines a few times. They were put on a pedestal that was so high that no one could see that the company was failing and committing fraud. Enron used a different accounting method that allowed them to report potential profits, not actual profits. A company will always look good if it is reporting potential profits, because the potentials are limitless. No one wanted to neither admit nor believe that there was something seriously wrong at Enron. Greed was such a big player and no one wanted to lose money. There were many big players involved in the corruption, so they would do whatever it took to hide the truth. At the end, companies just pointed the finger at Enron and claimed innocence. 2. Describe the Enron corporate culture. Explain how the following reinforced the Enron corporate culture and the notion of “survival...
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...Advance Questions Information content of equity analyst reports Required reading: Page 245-259, 276-281 The following questions would help you read through this paper and prepare for the discussion of this paper in class. 1. How does a typical analyst report look like? What are the major signals that you can use / construct for trading purpose? Analyst report: is the culmination of a process that includes the collection, evaluation, and dissemination of information related to a firm’s future performance. * The majority of analyst report includes 3 key measures: * 1) earnings forecast * 2) stock recommendation (buy/sell/hold) * 5 Distinct Recommendations: strong buy, buy, hold, sell, strong sell (For each recommendation, assess whether to upgrade, iterate or downgrade) * 3) price target * These reports frequently present extensive quantitative and qualitative analysis supporting the summary measures. (R2, regression, etc) When we read analyst reports, we have to be suspicious, since their analysis differ and might have access to only popular information. 2. How to measure the accuracy of price targets? Can you construct other measures of your own? We consider a price target prediction to be accurate if the analyzed firm’s stock price equals or exceeds the 12-month projected price at any time during the year following the release of the report. Construction of other measures: you can take the average of the 12...
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...and Hertz (RSH), was in a bind. His star semiconductor analyst, Peter Thompson, had abruptly announced his resignation; he had received an offer from one of RSH’s competitors. But Peter was not only a star analyst, he was also RSH’s only semiconductor analyst. This was certainly not a role that could be left vacant for long and, right now, RSH particularly needed strong coverage of the semiconductor industry because of an upcoming deal with the PowerChip company. (See Exhibit 1.) Stephen examined how much money Peter generated for the firm and saw that he could legitimately raise Peter’s compensation. Then he devised a backup plan: to split Peter’s team by encouraging Peter’s junior analyst, Rina Shea, to stay at RSH. Peter ended up leaving the firm and Stephen promoted Rina to senior analyst, assigning her to cover PowerChip and the rest of the semiconductor industry, at least temporarily, while he decided whether to offer her the position permanently or hire someone from outside the firm. Now Stephen faced the task of finding a permanent replacement for Peter. Should he make Rina a permanent offer or hire from outside? RSH Research Department RSH’s corporate culture was especially strong in its research division. Senior research analysts often began as junior analysts and remained at the firm long after the research director gave them their own franchises. Instead of competing with each other, most analysts at the firm supported one another; many had open-door...
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...star semiconductor analyst, announced his resignation after getting an offer from one of their competitors. Due to this reason, RSH is faced with a challenge of finding Thompson’s replacement since in the current market situation it is hard to get a star analyst ready to shift companies. Thomson was not only the company’s star semiconductor but also the particular one that it had. The company needed a high attention to the semiconductor manufacturing since his role could not be left unoccupied for long. Stephen, who was the manager of research at the company, formulated a backup plan and convinced Rina Peter’s junior analyst to stay in the business and he promoted her to be a senior provisional analyst (Matthews, 2012). Discourse However, Stephen was still faced with a difficult task to hire a permanent replacement for Peter from outside or to offer Rina a permanent deal. The corporate norm of the company was unusually firm in its research sector. The senior research analysts usually began as a junior analyst and later promoted. Various analysts of the company supported each other, and there was no competition between them. The investigators worked and spent much time exploring on other firms in their zones and came up with contrarian opinions on shares. The company’s culture was among it top competitive benefits since the teamwork steered to greater company exposure (Yanarella and Green, 1990). Despite the company’s culture of promoting a junior analyst, in the situation of...
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...October 2012 Career Report Marking Research Analyst What they do: * Monitor and forecast marketing and sales trends * Measure the effectiveness of marketing programs and strategies * Devise and evaluate methods for collecting data, such as surveys, questionnaires, or opinion polls * Gather data about consumers, competitors, and market conditions * Analyze data using statistical software * Convert complex data and findings into understandable tables, graphs, and written reports * Prepare reports and present results to clients or management Important skills: Analytical skills: Market research analysts must be able to understand large amounts of data and information. Communication skills: Market research analysts need strong communication skills when gathering information and interpreting and presenting results to clients. Critical-thinking skills: Market research analysts must assess all available information and use it to determine what marketing strategy would work best for a company. Detail oriented: Market research analysts must be detail oriented because they often do precise...
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...Loyal to firm Experienced in networking with salesand trading. Dedication towards work Highly confident to grow up inrankings Needs to improve on report writing Got ranked for the first timeOPPORTUNITIES THREATS Right platform to achieve star statusin II. Makes maximum use of resourcesavailable at the firm Could be misused Could be attracted other firms Reena Shea STRENGTHS WEAKNESSES Good technological expertise Well versed with organization culture Continuous improvementdemonstrated in work Relies on senior analyst in technologygroup Introvert and less assertive Not recognised by IIOPPORTUNITIES THREATS Fast adaptability to changing Mistake prone atmosphere. Growing experience in industry. Higher management not willing toaccept her as a replacement. Analysis of Critical Factors:- Critical Factor Gerald Baum DavidHughesSonia Meetha SethHorkumReena Shea Ability to buildrelations withSales force,traders and buysideModerateHigh(regarded asstar inindustry,which makesthis easy)Moderate High ModerateWillingness towork in teamsand guide junior analystsLow Moderate High Moderate HighAccess to uppermanagement incompaniesLow High Low ModerateModerate (ashigher mgmt.did not wanther to beSenior Analystbut she hadgood rapportwith middlemgmt.)IndustryknowledgeHigh Very High Moderate Moderate HighInstitutionalInvestorrankingsLow...
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...QUALITATIVE METHOD OF CASE ANALYSIS EOPT THEORY INTRODUCTION Qualitative Case Analysis, as distinct from the Quantitative method, deals with organizational issues that impede or prevent companies from being effectively organized. Qualitative Case Analysis is typically used in Organizational Behaviour, Human Resource Management, Organizational Change, Industrial Relations or any venue that is significantly impacted by human interaction. This type of analysis identifies inconsistencies, incongruities and conflicts that are sub-optimal and allows the analyst to prescribe solutions that address both the acute problems facing the organization (the individual events or actions observed) and the chronic, underlying conditions that promote these sub-optimal conditions. 1. OVERVIEW The Overview is a 5 – 7 sentence paragraph that establishes the context in which any analysis or decision must be made for the case in question. This section of the report indicates to the reader that the analyst (You) understands the circumstances of the organization’s dilemma. The writer must identify the key people involved, most critical event or events the have happened and the situation that has resulted. Finally, the writer must detail the apparent decisions that must be made. Note: This is not an Introduction and absolutely no conclusions are drawn at this point. The writer is merely explaining what she perceives is the present situation. This is extremely important as the writer...
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...effectively measure whether or not the applicant’s qualifications match those that are needed for the job, and not much more or less. 2. Describe three major methods or techniques that organizations use for job analysis process. Three major techniques utilized by organizations and companies in the job analysis process include Narrative Job Analysis, Task-Analysis Inventory, and the Position Analysis Questionnaire. Narrative Job Analysis is a narrative or descriptive set of information about a particular job or position within an organization. The quality of the information contained in the description typically depends on the writing skills of the analyst. Task-Analysis Inventory refers to a set of methods with the goal of analyzing all the tasks performed in the focal job. Once a list of tasks is developed for the job, an analyst will evaluate each task on things such as amount of time spent, frequency, etc. The Position Analysis Questionnaire is a standardized job analysis instrument consisting of 194 items that reflect work behavior, working conditions, and job characteristics that are assumed to be generalizable across a wide variety of jobs. 3. What is a job description? What should be included in a job description? (Be sure to explain the important elements of a job description. A job...
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...Meetha’s credentials are extremely impressive.After seeking feedback from people whom Mrs. Meetha has work with, it was reported that her work is thorough, solid and insightful and that companies have come to rely on her work. She was recongized as an ‘up and comer’ as per II standards, whic is exactly where ı thınk she should be so that the fırm can benefit the most.She is at a perfect point in her career so that RHS can mold/mentor her into its culture without inheriting negative practices picked up at other big firms all with the goals of helping her relaize her full potential, which would be of an extreme benefit for the company. Also, while at WHS, she has managed to cover the franchise by herself without the assistance of a junior analyst, which tell me that her work ethic is impeccable. Her performance ratings have grown over the last three years, she’s built good networks, which include CEO’s of major companies as well as divisional managers and staff. In addition, Mrs. Meetha has shown a keen interest in organizational structure, which is something that is highly valued at RHS. As evidenced in structure, which is something that is highly valued at RHS. As evidenced in her interview, some of the questions she asked were directly focused on the company culture with regard to work approach , fairness of work practices towards females and metorship to name a few. Along with this , Mrs.Meetha’s insight is the most likely to deliver a long term competitive advantage...
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...Name Address Email Cell Number Date To whom it may concern, My name is ______, and I am currently a year in school at the University of _______ pursuing a degree in _______. I was first introduced to company during an office visit associated with relevant club/organization/connection. During the office visit I was extremely impressed with not only the analyst experience that company has to offer, but also the culture that is present in the _______ office. I am extremely interested in pursuing the investment banking summer analyst position for the summer of _____. I first became interested in investment banking during _______ while in my freshman year of college. Following the ________, I continued to explore the industry through networking calls and research. I participated in ________during my sophomore year, which reaffirmed my interest in the industry. I then applied to relevant club and was fortunate enough to be accepted. The relevant club has provided me with a greater insight into what is required to become a successful analyst and the opportunity to complete coursework geared towards developing the skills required in the industry. While on campus at the university, I have been able to seek out numerous academic opportunities in addition to leadership roles outside of the academic realm. These experiences have allowed me to expand my existing leadership and teamwork abilities as well as foster the growth of my analytical skills. I am excited by the...
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...System planning involves strategic analyzing of how company will fit to the system that will proposed by the analyst. There are several factors that should be considered in doing a system: The problem, scope, gathering information, the feasibility, the development and recommendation. These factors serve as a guide to build a system proposed. By focusing in the needs of company and its clients; we must say we develop a system not only for our clients and to the business but for the contribution of satisfaction of their customers. This study is based on the process in creating System Analysis and Design. It follows procedure and it is based on fact of our client information. Introduction A Study involves processes that provide information to develop a system. A Computer System that can help the company in their transactions. In accordance to our study, we investigated a company that manually operates the transactions of their customers. Our respected company is Umali Surgical and Animal Bite Clinic. Is a resident surgical and animal bite clinic has a registered nurse, A General and Cancer Surgeon that appoints and give their services to the clients. The Clinic locates at 44 M.H.delPilar St. Tugatog, Malabon City. The owner is Dr. Ismael C. UmaliIII. He is a General and Cancer Surgeon and also appoints his clients in a private way of giving services. Shiela Ann Pidong,a registered nurse. We founded out that their transaction is manually operated by...
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