Morgan Stanley : Rob

Parson case
Syndicate 8
29115139 Damianus Boby Wahyu
29115060 Windy Dwi Rizkita
29115110 Veni Cahaya Putri

Issue

Rob Parson came from an unorthodox

background that did not fit Morgan
Stanleys culture
His performance numbers and skills
show that he should be promoted to
Managing Director
However, his style completely
disregarded Morgan Stanley

THANK YOU

Paul Nasr

Senior managing director in Capital

Market Services knew Rob Parson
from his previous firm, and vouched
for his superior abilities
He new to the Moran Stanley culture,
but he adapted very quickly, trying to
be diplomatic.

Rob Parson

Hired by Paul as principle level

Performed at high levels at previous
firm so Paul recruited him because
Morgan Stanley needed help
Referred to himself as a hustler
He felt that he was not Morgan
Stanley type because of his lack of
prestigious schooling

Assessment Rob Parsons

Performance

All of his clients love his personality

but different with his colleagues
because he didnt fit with companys
culture
Has helped expand many of his
clients accounts to other divisions of
Morgan Stanley
Helped bring Morgan Stanley from
10th to 3rd in capital markets, 2% to
12.2% market share

Morgan Stanley VS Rob Parson

People are the source of competitive

advantage by creating an
environment that fosters teamwork,
developing and utilizing employees
abilities to the fullest, and by treating
each other with dignity and respect
Not feasible to promote someone
who is a clear contradiction of what
Morgan Stanley moralize

Managing Directors VS Morgan

Stanley

Managing Directors must respect

others and receive a high level of
respect from other but different with
Rob Parson
Initially promised a promotion but
Rob is not fit to be managing director

Solution
Instead of promotion, Paul should
offer :

Performance evaluations (include

management skills, leadership and
management people, team player
skills)

Risk

Leaving Morgan Stanley

What should Paul do?

Peers evaluations
Criticisms
Straightforwardness and diplomacy
Initial guidance into unknown culture