Goldman Sachs 2002 Annual Report Download - page 18

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16 G O L D M A N SA CH S 2002 A N N UA L REPO RT
Organizations succeed because of the caliber
of people they attract. Goldman Sachs suc-
ceeds because it attracts people of very high
caliber, people who want to work together to
achieve something greater than they could
achieve on their own. That desire and ability
to be part of a team is fundamental to our
culture, our business principles and, we
believe, our long-term success.
Since the firm’s founding in 1869,
Goldman Sachs has focused on teamwork
rather than solitary effort. That so many
individuals have left their mark on the firm,
and continue to do so today, is evidence that
even the strongest performers know the value
of adding rather than subtracting perspec-
tives, skills and insights. We put tremendous
resources and effort into finding the right
people and helping them build satisfying
careers at Goldman Sachs because time has
proven the powerful, positive force of tal-
ented people working as one.
Defining Teamwork
C H AP T E R I I
“The point is this team thing, the cooperation, team w ork , and our culture w as developed
not because som eone w as a genius and w ok e up in the m iddle of the night w hen the little
electric light popped. It really came from the needs of the m om ent. It’s good, solid business.
You w ant to have people w ork ing together to achieve an objective.”
—JOHN WE I N B E R G PA R T N E R