Never Trust A Headhunter Essay

Length: 4 pages Sources: 1 Subject: Careers Type: Essay Paper: #15256719 Related Topics: Trust, Recruitment, Recruitment Selection, Harvard Business School
Excerpt from Essay :

Recruitment of a Star

In the case study presented by Groysberg et al. (2007), Stephen Conner has a number of difficulties to face in his hiring decision. The unexpected departure of his star semiconductor analyst -- at a particularly crucial juncture for Conner's firm, handling a semiconductor-related deal -- means that Conner needs to make a replacement decision fast. But how does a firm replace a star? Each of Conner's potential replacements -- the two men and one woman who are brought to him by headhunters, another who has put himself forward aggressively as the correct candidate, and finally the existing assistant who could be promoted if necessary -- has advantages and drawbacks. However, in considering what decision Conner should make, it is important to examine what problems he faces, what criteria his decision should be based on, how the interview process should work, how the selection process should work, and finally the issues raised by making an internal promotion rather than an outside hire. After consideration of all of these factors, it will be possible to offer an opinion, in conclusion, of who Stephen Conner should hire.

We should begin with the problems faced by Conner, however. The first problem is the looming semiconductor deal for the firm, which means time is of the essence. This factor is, one would hope, somewhat rare in the real world -- but it means that Conner is in a difficult position and has to hire someone immediately. If time were not a factor, it would certainly affect the selection process -- a slower hiring process, for example, might favor the internal promotion. However, the internal promotion is discounted by Conner and everyone else for other, more crucial reasons: for a start, these positions are ranked by II Magazine, which is clearly the only reason why there is such a thing as a "star" semiconductor analyst. The firm's reputation and standing, therefore, depend upon its ability to maintain a competitive presence in a given field, according to these slightly artificial rankings produced by the trade magazine. It is worth noting, however, that all of Conner's problems and considerations in making this hiring decision are fairly standard and familiar...

...

We can imagine Conner's firm would cease to do business with PowerChip if they did not find a replacement for Peter whose reputation was adequately lofty -- so in some sense, the chief problem Conner faces is how to constitute a replacement for a star.

In this light, then, we can analyze each of these different candidates in terms of what about them seems to suggest star quality. The first, David, is the most obvious in terms of what we might imagine constitutes a star in this field: in the sample "Analyst Rankings in the Semiconductor Industry" table, he is ranked (in second place) in the II Magazine above the departing Peter (who is ranked in third) -- and more to the point, the rankings for the two individuals had held true for the previous year as well (Groysberg et al. 2007, 22). Conner must weigh David's seniority and star power against his potential short future lifespan -- he is an elder statesman in the industry, and this brings with it the sort of problems we might associate with any senior staff hiring. The other candidate put forward by the headhunter, Gerald Baum, seems to be a foil to David -- he has youth and aggressive drive, the sorts of things that Conner's firm would probably prefer in a bond trader rather than an industry analyst, but these are there to indicate that to some degree the star analyst position is a sales position. Aggression counts, and more to the point this is why Conner has rejected tout-court any attempt to recruit from the buy-side of Wall Street. The boutique firm candidate, Mrs. Meetha, is prized for her superior knowledge of the industry -- as with boutique firm choices in general, it requires a certain amount of insider knowledge to be impressed with the level of her knowledge. The self-nominated…

Sources Used in Documents:

References

Groysberg, B; Balog, S; Haimson, J. (2007).. Recruitment of a star. Harvard Business School Case 407-036. Cambridge: Harvard University Business School.


Cite this Document:

"Never Trust A Headhunter" (2014, March 04) Retrieved May 15, 2021, from
https://www.paperdue.com/essay/never-trust-a-headhunter-184327

"Never Trust A Headhunter" 04 March 2014. Web.15 May. 2021. <
https://www.paperdue.com/essay/never-trust-a-headhunter-184327>

"Never Trust A Headhunter", 04 March 2014, Accessed.15 May. 2021,
https://www.paperdue.com/essay/never-trust-a-headhunter-184327

Related Documents
Managed Care
Words: 11398 Length: 44 Pages Topic: Health - Nursing Paper #: 74697606

Nursing Tasks, Methods, And Expectations State of the Industry The Art and Science of Nursing Relative Pay Scales Male Nursing Roles Sex Stereotypes The Influence of the Nationalized Healthcare Debate Proposed Methods toward Recruiting Nurses Joint Corporate Campaigns Steps to Recruiting Men Wages issues Recent employment trends in the nursing field have demonstrated a disconcerting drop in the number of employed and employable nurses. In what has been traditionally a female dominated filed, the exit rate of both men and women,

Analysis of a CEO S Answers to Leadership Questions
Words: 2021 Length: 7 Pages Topic: Leadership Paper #: 60714078

Introduction The person I interviewed is named Pio and he is an IT consultant who has 20 years in the industry and now heads his own company and provides leadership for other companies that need expert advice on their networks and infrastructure. He is the founder and CEO of his own company and has 15 full-time employees. The reason I selected him is that he is an Indian from the state

Job Website Evaluation
Words: 2017 Length: 6 Pages Topic: Education - Computers Paper #: 11006677

Job Sites The three job sites that I evaluated were Monster.ca, Eluta.ca and Workopolis.com. These are three major job sites in Canada. Workopolis and Monster're older and are more popular in terms of traffic (Alexa.com, see graph), while the newer Eluta trails by quite some distance at this point. The graph shows their Alexa ranking for Canada, obviously with the lower number being better. These three sites were evaluated on the basis

Cultural Impact on Politics Political
Words: 5093 Length: 15 Pages Topic: Family and Marriage Paper #: 96410547

4). This idea has since been abandoned. The mythology of the Amazons, a matriarchy of warrior women, has been discounted as no more than a myth, one deriving from the deep-seated fear on the part of males that they might lose their power and authority. In matrilineal societies, men tend still to monopolize the rights of power. Some Chinese anthropologists believe the stories of true matriarchal societies in some