Homepage / Investment / How Goldman Sachs is pursuing the ‘holy grail’ of hiring
Базовые правила и условия игры в kazino online на настоящие деньги Ana amaç çevrimiçi kumarhane 7slots: önemli avantajlar ve kategoriler Как начать игру в казино онлайн на настоящие деньги 1win Apk: Um Melhor Aplicativo Pra Jogos De Cassino Aqui No Brasil” 1win Apk: Um Melhor Aplicativo Pra Jogos De Cassino Aqui No Brasil” Mostbet Azerbaycan Rəsmi Casino Giriş Və Qeydiyyat Mostbet A Миссди Ххк Cassino Online Operating System Melhores Jogos At The Bônu 1win Mali Site Officiel des Paris Sportifs et Casino Inscription 1xbet Aviator How To Play The Aviartor Game On 1xbet In Nigeri прохода 1win Официальный Сайт Букмекерской Конторы же Казино 1ви Скачать Пин Ап Казино%3A Мобильное Приложение Pin Up Be Laurence Escalantes online casino empire feels heat of US lawsuits 1xbet Paid For Over $836, 000 To A Player From Africa Казино Покердом Играть Онлайн Бесплатно%2C официальный Сайт%2C Скачать Клиен Бесплатные Игры Казино Слоты И Игровые Автомат “казино Pin Up%3A находимся Вместе К вожделенной Мечте Ücretsiz Slot Oyunları Silvergames’te Çevrimiçi Oynayın Mostbet Bookie: Legjobb Szorzók És Élő Fogadási Élmény Online Mostbet Login To Your Online Casino Personal Account In Bangladesh! Top 10 Best Online Gambling Dens In 2024 Tested & Approve Powerful casino tactics in 2024: 7 vital methods for athletes Guide to Online Casinos in Canada “Online Kumarhane Oyna Çevrimiçi Kumarhane Nolimitwa Legalzoom Hisse Geri Alım Programını 75 Milyon Dolar Artırdı Yazar Investing Co Как играть в симуляторы в онлайн-казино Вавада Игровые Автоматы Демо Играть Бесплатно нет Регистраци Glory Casino: Top Online Casino Video Games In Banglades Рейтинг Надежных Онлайн Казино Лучшие Топ Клубы Росси Fortune Tiger Slot Review: Análise E Como Joga 1win Au Bénin: Une Revue Complète De La Plateforme De Paris En Lign Sledování Titulu Casino Suprême: Kde Sledovat What is a Data Room? Как Стать Стримером Казино%3F Что для Этого Нужно%3 Best Game Software How to Design Engaging and Effective Educational Events Winline Делает Разницу! Букмекерская Контора Winline Онлайн Ставки На Спорт Making Corporate Travel Arrangements Business Virtual Data Room Stock Market Tips For Beginners What to Look for in a VDR Provider Why You Need a Secure Data Room Learning in the Digital Age How to Apply For Business Loans VDR and Document Management Performance Management and HR Outsourcing Modern Business Integration How to Choose the Right Board Portal Software for Your Company How to Choose a Data Storage Room Why Startups Use a Data Room for Investors The Best Web Tools for Designers Use Cases For Using VDR Documents Subsidy Programs and Financing Innovative Technologies for Audit What Is Real Estate Management? Investment and Funds Inspiring Teaching Books What Are the Benefits of a Virtual Data Room? Startups and Business Ideas How to Improve Virtual Board Communication The Lego Company History Investing in the Biotech Industry Financial Startup Basics Jogue Por Dinheiro Actual Em Cassino Onlin Virtual Communication Methods for Remote Leaders How to Choose the Best VDR Providers How Successful Online Businesses Succeed How Business Experts Fuel Innovation and Create Competitive Edge The IT World and Business Deal Making Software and How it Can Help Your Business Virtual Data Room Software Types of Steel Materials and Their Uses Board of Directors Software Bonver Casino Cz Hrací Automaty S Bonusem Zdarm Magazyn Żużel Speedway W Polsce I Na Świeci What Is Logistics School? What Is the VDR for Acquisition? The Best Data Room Apps For Startups Best Practices for Creating an Effective Board Meeting Agenda How to Choose the Best Shareholders Online Platforms Ostdeutsche Biersorten Getting a Construction Management Degree How to Select an Online Data Room Provider Start Your Blog Without Investment What to Look for in a Board Room Provider Data Room Comparison – Which Data Room Is Right For Your Business? Zakłady Sportowe Online Autógrafo Bukmacherska 1xbe “Pin-up O Melhor Cassino Do Brasil Web Site Oficial ᐈ Jogar Caça-níquei Rotating Events in Our Time How to Choose the Best Business Software Choosing an Online Payment Processor Due Diligence Software Virtual Data Room Providers for M&A Due Diligence The Best Online Data Room Benefits of a Due Diligence Data Room Best Practices for Data Rooms Types of Corporate Governance What Is Virtual Data Storage? Benefits of Document Distribution Software The Benefits of a Data Room for Startups Effective Project Management Requires a Mix of Technical and People Skills

Investment

How Goldman Sachs is pursuing the ‘holy grail’ of hiring

Goldman Sachs plans to begin using a personality test as part of its hiring process in several divisions like banking, trading and finance, and some see this as one of the ultimate ways to figure out what makes prospective candidates in the industry tick.

“I kind of view it as the holy grail. Can we figure out what makes great traders great?” Doug Hirschhorn, a performance coach for financial firms and the author of “8 Ways to Great,” told CNBC on Thursday

Hirschhorn likens the personality testing process to “‘Moneyball’ for hedge funds, or ‘Moneyball’ for the financial industry,” referring to the 2003 book by Michael Lewis (and subsequent film of the same name) chronicling the efforts by Oakland Athletics general manager Billy Beane to build a winning team by using mathematical rigor to find and hire undervalued players.

In the past, the concept of how to measure the best possible man or woman for the job has been somewhat challenging given the lack of research and lack of attention “from a sample-size perspective,” Hirschhorn said. Such a “personality” test has some value to it, he said on “Trading Nation,” but offered a laundry list of the pros and cons around this type of assessment.

For example: Some top institutions search for the top talent, the cream of the crop, but have an unusual “filter process,” he said, like going to top-ranked schools and essentially ending up with the same handful of people from the same schools. Of course, this has been proven to be not only a phenomenon in finance. At this point, all Supreme Court justices, including the newly confirmed Neil Gorsuch, attended Ivy League schools.

By administering some kind of standardized assessment tool, Hirschhorn argued, companies can cast a wider net across a larger population. Plus, it may cost less than conducting on-site interviews that might be more typical.

Yet “one of the big cons is that you’re labeling people. You’re actually going to put people into a box,” he said, warning of something throughout this process he calls “faking good.” Essentially, applicants may alter their responses in these personality tests based upon what they think the company wants from them, as opposed to what their real personality may reflect. Another con with personality tests may be that test anxiety sets in and throws off applicants.

For applicants, Hirschhorn advises them to “take the test or the interview as if you’re trying to get the job. You want to make sure that you understand the job and that it fits your personality. Many, many times when I do interviewing processing for organizations, I’ll tell the people, look, they’re interviewing you, but really, you’re interviewing them. It’s your decision to join the organization and you have to decide if it’s the right fit for you based on what you know.”

Reuters reported that Goldman Sachs will begin piloting the personality test on U.S. summer intern candidates who would be starting in 2018. The bank reportedly last year also made other efforts to identify strong candidates who may not be from Ivy League schools by opting for first-round interviews via video platform instead of on college campuses.

“We’re shifting from a world where you just used to look at a GPA and resume and walk out with a feeling about an individual that you might want to hire,” Matt Jahansouz, the investment bank’s global head of recruiting, told Reuters. “We can now capture characteristics and data that might not be as obvious to make smarter hiring decisions.”

Source: Investment Cnbc
How Goldman Sachs is pursuing the ‘holy grail’ of hiring

Comments are closed.