Greg Smith: Executive Director For Goldman Sachs Business

Greg Smith was an executive director for Goldman Sachs business for the past 12 years. Working for Goldman Sachs was a great experience for Smith until witnessing the company changes turn for the worse. Smith states the three organizational problems that caused him to quit his job at Goldman Sachs was due to the lack of culture, integrity and leadership the company no longer possessed. Smith felt culture was always an important part of Goldman Sachs’s success. He states the company revolved around teamwork, integrity and always doing right by their clients. But, now the company is too busy focusing on making money and doing whatever it takes to achieve that goal. A solution for Smith to gain back the true purpose of the workplace culture for the company would be for him to

A second problem Smith described was the lack of integrity the company had been ignoring in the past 12 months. Smith feels that too often colleagues were too busy focusing on making money that they lost site of the true meaning of their job purpose. Too many times employees were taking advantage of the clients’ money regardless if they can afford it or not. Smith always took pride in advising his clients what was best for them even if it meant less money brought to the firm. A possible solution for Smith would be to communicate with his colleagues. By communicating allows him to not only be honest about the various aspects of the job that needs improvements but it provide the opportunity for others to take action and follow his lead. The last problem Smith discussed in the article is the leadership the company lacks. Smith states the current chief executive officer and the president lost hold of the firm’s culture on their watch, which goes to show the lack of leadership that haven’t been given between both men. Smith goes on to say the main focus at meetings were about making money versus discussing how to help their clients. By attending such meetings allows Smith a chance to