selection process of hsbc
TRANSCRIPT
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Group Members
A.A.M. Shahriar Hasan Khan (07304038)
Zobaida Mahbub Zefry (07304026)
Imtiaz Arefin (07304093)
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General objective
To have some knowledge about the
overall selection process of HSBC in
Bangladesh.
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Specific objective
Different tools and policies in selection
process.
Common errors and biases of the
selection process.
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HSBC Bank
Largest banking and financial services
organization in the world.
Thomas Southerland is the founder
Established in 1865
Headquartered in London
Over 9500 offices in 76 countries Provides a comprehensive range of
financial services
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HSBC in Bangladesh
Opened first Bangladesh branch in
December 1996
Network of 10 offices: 9 branches, 1 sub-
branch and an offshore banking unit
830 employees as of 31 December 2008
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Services and products
Personal financial services.
Commercial banking.
Corporate investment banking.
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Vision of HSBC
To be the worlds leading financial
services company.
Today they are a contender, not yet the
champion. They aim to change that
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Selection Process of HSBC (BD)
HSBC select employees in three levels.
These are:
a) First level/ fresh graduates
b) Mid level manager selection
c) FLDP (future leadership development
program) selection
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Selection Process: HSBC
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Hierarchy: HSBC
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Short-term or contractual employeeselection
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Common Biases and Errors in
selection process
Bounded Rationality
Ancho r ing bias
Conf i rmat ion Bias Avai labi l i ty B ias
Representative B ias
Con trast Effects
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The Reason fo r inaccurate
Judgment
Different interviewers see different things in the same
candidate and thus arrive at different conclusions aboutthe applicant.
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Findings & Recommendation
Intense selection process
Overall selection process is very effective
Maintain a standard level in retaining talent.
Recommendation Job advertisement should be advertised in the
newspaper
Eliminate the opportunity of losing the potential
candidate
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Recommendation
In reducing biases & errors Must focus on their goal
Should not create meaning out of random events
Increase options of judging
Should not judge on their perception.
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Conclusion
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Questions & Feedback
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