Former Goldman Sachs Vice President Lisa Endlich draws on an insider’s knowledge to bring to life this unique company and the most stunning. Goldman Sachs, in most years the most profitable investment bank in the country, Lisa Endlich, Author Alfred A. Knopf $30 (p) ISBN Luckily, Lisa Endlich opens this mystery in her book Goldman Sachs – The Culture of Success. Endlich explains the history of the firm from the.
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You just can’t talk about investment banking without mentioning Goldman Sachs.
Goldman Sachs : the culture of success / Lisa Endlich – Details – Trove
It is perhaps the greatest success stories in the field of finance, and especially in investment banking. What makes Goldman Sachs so special? To give you a short answer: There is something special in the succsss of Goldman Sachs. Endlich explains the history of the firm from the very beginning cutlure the company was founded by two families – Goldmans and Sachs. In the beginning the firm had a family business culture and a pretty conservative approach to finance. They really wanted to build long-term, lasting customer relationships.
However, fairly early on, the company was not operationally run by the funding families, instead they had professional managers to lead the company.
One very interesting fact is that Goldman Sachs has typically had two persons in similar leading positions at the same time. It has most often been a leader pair, not just one leader.
For many, especially for leadership consultant, this may sound strange, but in Goldman Sachs’ case, it has worked out well.
One could say extraordinary well, taking into account that during the World War I, the Goldmans were on the German side and Sachs on the Alliance’s side, and almost throughout the history, the one leader has been a Republican and the other a Democrat. But still what is so special in Goldman Sachs’ culture? Well, according to Endlich it’s a culture of hard working.
Goldman Sachs: The Culture Of Success – Lisa Endlich – Google Books
Goldman Sachs hires the very most talented young people from the best universities, but to be brilliant and wise is not enough, the more important is that you fit into the house’s culture.
There is a great competition to get in, but when you get in, the really competition only starts, if – and as almost everyone is succcess you are aiming to become a partner someday. You must be able to give away many other thins in your life if you are willing to succeed at GS.
It’s more like a life style and a whole life career than just a job. Although Endlich highlights the importance of culture to Goldman Sachs, one can easily notice that the culture has also changed a lot during the years, while the company itself has changed a lot. Nowadays it’s a global market leader in many fields of finance.
It takes great risks and it has also suffered from bad reputation in some cases. Before it was a partnership and proud of it, nowadays it is a publicly listed company like the others.
Goldman Sachs: The Culture of Success
Still today, there is some speciality, if your business card is tthe Goldman Sachs. The book is a fascinating story of the company’s great history.
I would say it is a must read for everyone working in the finance, or especially in investment banking. Goldman Sachs enddlich launched many successful innovations, although they have never been the pioneers of innovation.
Goldman Sachs: The Culture Of Success
There is a lot to learn for many about how the investment bank operates, and especially how to lead an investment bank into success. Uudempi teksti Vanhempi viesti Etusivu. Goldman Sachs culure The Culture of Success.