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What Happened to Goldman Sachs: An Insider’s Story of Organizational Drift and Its Unintended Consequences

Amazon.com Price:  $7.18 (as of 12/05/2019 17:44 PST- Details)

Description

This is the story of the slow evolution of Goldman Sachs—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 at the back of what he calls Goldman’s “organizational flow.” Drawing from his firsthand experience; sociological research; analysis of SEC, congressional, and other filings; and a big selection of interviews with former clients, detractors, and current and former partners, Mandis uncovers the pressures that forced Goldman to slowly flow away from the very principles on which its reputation used to be built.

Mandis evaluates what made Goldman Sachs such a success within the first place, the way it responded to pressures to grow, why it moved away from the values and partnership culture that sustained it for such a lot of years, what forces accelerated this flow, and why insiders can’t—or won’t—recognize this an important 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 flow in their very own firms.
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