Goldman Sachs Essay

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http://www.goldmansachs.com/s/prospectus/index.html

Inside the Goldmine

Introduction and background of Goldman Sachs – context and environment

One of the biggest investment Bank in the world its global presence with power and influence is legendry but have a controversial roll in global financial market. Was founded by a Jewish immigrant Mr.Marcus Goldman and his Son in law Samuel Sachs in New York 1869.

Goldman Sachs is in three Businesses and has three Divisions.

As per article Goldman Sachs is in almost into every kind of business you can think as per article “If you bank with HSBC, Cook on a gas stove, shop with Ocado, watch big brother on your TV sets, buy clothes from a GAS store, use a Tom Tom satellite navigation …show more content…

“Most applicants are interviewed at least 20 times before they are made an offer and some more than 30 times” So many rounds of Interviews mean everything you have or not will be scrutinized by the interviewers like, your personality fits for their team or clients, your level of motivation that you can perform up to the mark of company’s standards, interrogate your way of thinking that can you fit yourself as the company operates, your problem solving skills how you handle problems in an organizational atmosphere and off course your leadership qualities how you drive your team to achieve organisational goals and the most important thing which Goldman seeks for is your knowledge of financial market. Means 360 degree recruitment cycle is been followed they will check are you ambitious, you want a rapid growth in your career, are you determined to go to the top, Your Obsesses ion towards money.

Training and Development

Article also gives an over view of training and development strategy for Goldman Sachs employees as mentioned in article Goldman staffers are also trained to “ brain pick” contacts and clients harder than the other guy. Knowledge sharing or knowledge transfer also plays a major role in their Training and Development plan whatever employees get out of contacts and clients then they have to feed it to colleagues who go to work trying to use the information to make money.

Culture & Environment for

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