Goldman Sachs 2013 Annual Report Download - page 29

27Goldman Sachs 2013 Annual Report
We are competing for the best people globally.
Not only must we offer superior career opportunities;
we must evolve our talent management strategy
to keep pace with the changing needs of the
market. This year, we increased our presence across
social media outlets, and trained leaders to better
manage a generation that is more globally aware
and technologically proficient than ever before.
We also enriched the extensive professional and
leadership offerings of Goldman Sachs University,
with hundreds of courses delivered in the
classroom, through webcasts and convenient
e-learning modules. Most importantly, we
continued to emphasize an apprenticeship
culture in which our junior team members learn
by working closely with seasoned professionals.
We believe this is critical to developing the next
generation of Goldman Sachs leaders, who
will best serve our clients, manage our capital,
manage our risk and grow our business.
Mark Matthews, Executive Office; Helen Lee, Technology;
Sumedha Majumdar, GSBank
We believe there is a direct link between effective
leadership and client success, and we integrate leadership
development at every level of our organization. At the
top, Pine Street leverages our culture, business principles
and decades of leadership experience to define the
expectations of our leaders and their responsibilities
to the firm, our people and our clients. Pine Street utilizes
a variety of channels — including classroom sessions,
executive coaching and experience-based learning —
to provide practical training to help our leaders fulfill those
expectations and responsibilities. We provide intensive
sessions for managing directors hired laterally to Goldman
Sachs, to ensure a smooth transition during their first three
months at the firm. Another important program is our
Managing Director Leadership Acceleration Initiative.
This innovative six-month engagement for high-potential
leaders brings together cross-disciplinary groups to work
together on strategic assignments aimed at addressing
some of the firm’s most pressing issues.
Among the most important responsibilities of Goldman
Sachs leaders is furthering our unique, highly collaborative
culture that places a premium on teamwork, integrity and
excellence. Our culture is the DNA of our firm and
essential to our success. It has helped us recruit, develop
and retain generations of talented people who thrive on
collaborating in a team environment, solving challenges
and providing outstanding service to our clients.
HELPING DEVELOP
EXCEPTIONAL MANAGERS RECRUITING AND
DEVELOPING THE
NEXT GENERATION