What Happened to Goldman Sachs
eBook - ePub

What Happened to Goldman Sachs

An Insider's Story of Organizational Drift and Its Unintended Consequences

  1. 256 pages
  2. English
  3. ePUB (mobile friendly)
  4. Available on iOS & Android
eBook - ePub

What Happened to Goldman Sachs

An Insider's Story of Organizational Drift and Its Unintended Consequences

About this book

This is the story of the slow evolution of Goldman Sachsā€”addressing why and how the firm changed from an ethical standard to a legal one as it grew to be a leading global corporation.In What Happened to Goldman Sachs, Steven G. Mandis uncovers the forces behind what he calls Goldman’s "organizational drift.” Drawing from his firsthand experience; sociological research; analysis of SEC, congressional, and other filings; and a wide array of interviews with former clients, detractors, and current and former partners, Mandis uncovers the pressures that forced Goldman to slowly drift away from the very principles on which its reputation was built.Mandis evaluates what made Goldman Sachs so successful in the first place, how it responded to pressures to grow, why it moved away from the values and partnership culture that sustained it for so many years, what forces accelerated this drift, and why insiders can’tā€”or won’tā€”recognize this crucial change.Combining insightful analysis with engaging storytelling, Mandis has written an insider’s history that offers invaluable perspectives to business leaders interested in understanding and managing organizational drift in their own firms.

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Yes, you can access What Happened to Goldman Sachs by Steven G. Mandis in PDF and/or ePUB format, as well as other popular books in Business & Management. We have over one million books available in our catalogue for you to explore.

Information

Publisher
Harvard Business Review Press
Year
2013
Print ISBN
9781422194195
eBook ISBN
9781422194201
Topic
Business
Subtopic
Management
Index
Business

Table of contents

  1. Cover Page
  2. Title Page
  3. Copyright
  4. Contents
  5. Prologue: A Funeral
  6. 1. What Happened
  7. Part One: How Goldman Succeeded
  8. Part Two: Drift
  9. Part Three: Acceleration of Drift
  10. Part Four: Goldmanā€™s Performance
  11. Conclusion
  12. Appendix A: Goldman and Organizational Drift
  13. Appendix B: Analytical Framework Applied to Goldman
  14. Appendix C: Selected Goldman Employees and Lobbyists with Government Positions (Before or After Goldman)
  15. Appendix D: Value of Partnersā€™ Shares at IPO
  16. Appendix E: Goldmanā€™s History of Commitment to Public Service
  17. Appendix F: Key Goldman People
  18. Appendix G: Goldman Timeline of Selected Events
  19. Appendix H: Goldmanā€™s Culture and Governance Structure
  20. Notes
  21. Acknowledgments
  22. About the Author