Rob Parson at Morgan Stanley Essay Example

most of the job description of the managing director position. He has outstanding knowledge in capital markets also strong client relationships which were already show in his excellent performance this year. However, although Rob Parson mostly fits the job description of a managing director, Nasr should not promote him to that position now. It is not appropriate for him to be a leader of the department at this moment.

Because if he become a managing director, he would need to work not only towards his department’s goal , such as increasing the company’s profit and maintaining good client relationships, but also towards the organization’s goals which is defined in company’s vision statement. So Parson is requiring displaying the one firm value and also the company culture in his work. However Parson cannot show that he can fulfill this requirement. As Parson’s co-workers have assessed Parson in the performance appraisal as needing to improve on management and interpersonal skills.

And also the internal evaluation show that he is he has difficulties to adapt company’s culture . He should develop them before being promoted to such a leading position in the company. Apart from the issue we mentioned above, there are some other issue we need to concern regarding to Parson’s promotion . That is would Parson stays in Morgan Stanley, if he is not promoted this year. Because Nasr did implicitly promise Parson’s promotion when he recruited Parson. And it would be a great problem for Parson leaving. As we all know, he has strong client relationship in this financial sector.

We cannot support the loss of client because of his leaving. So If Nasr is

not going to promote Parson this year, he should discuss it with him and help him to make goals to develop his management and interpersonal skills before he is allowed to be promoted in order to keep Parson in Morgan Stanley. Q2 Goal and Action of Paul Nasr in the performance appraisal meeting (if I were Paul Nasr) In the performance appraisal meeting, the first goal of Paul Nasr is to let Parson know that what he should improve in the future, also give advice and help to Parson on how to achieve this kind of change.

Apart of the job performance evaluation, the second goal that Paul Nasr needs to achieve is to talk about Parson’s promotion with Parson and prevent Parson leaving Morgan Stanley which is defiantly a loss of Morgan Stanley. So if I were Nasr, for the first goal I would first go through the feedback from the 360 degree performance appraisal with Rob Parson. After going through both the strength and weakness sated on the feedback, I would give my own assessment to him and talk about his exceptional performance and production.

Next, I would ask Parson how he feels about his job situation and possibly suggest ways in which he can change. In this area, I would like look more closely at his situation (those situation he breaks the rule) . For example, Parson think that in the fast changing business world, it is difficult to make a consensus with his co-worker before he takes action. And I would determine what should be the best action to take when face such situation. Then I would discuss the promotion with

Rob Parson. I would explain