BizD 10 what you would do if you were an employee of Goldman Sachs who didn’t have the option of quitting – what would you say to your clients, friends and family after they read the Greg Smith essay?
What i would say :
It is true that we do have strugglings as a huge organization. I see the biggest problem is lack a strong leader who can lead the leaders in our company.
Over time my company, Goldman Sachs became giant in our industry. More complicated projects, more things to consider in order to win in the market creating benefit for both our client and us. As things complicated we tried to check us doing well in simple way to checking the profits.
I see a leaders need two scope of leadership: micro and macro.
I think Greg was suffering in looking the lack of macro leadership in some of our leaders, but he missed to see the hope in us. We will consider his rent to improve who we are today and who we want to be in ten years considering both in micro and macro scope.
* Goldman Sachs executive director Greg Smith has called the atmosphere at the massive investment bank(IB) “as toxic and destructive as I have ever seen it.”
and also said “The firm has veered so far from the place I joined right out of college that I can no longer in good conscience say that I identify with what it stands for,” in his resignation letter.