16/01/2022, 17:31 Leadership Development at Goldman Sachs Case Study Solution for Harvard HBR Case Study

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Leadership Development at Goldman Sachs

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Once the employees exert themselves on the behalf of the organization, then the
organization’s outcome from the employees’ performance can increase.
Organizational needs of the employees can be provided by the organizations if they
have been following efficient practices, training and developmental plans. The
fulfilled needs of the employees can be a motivating factor for the employees for
performing up to their maximum performance capabilities(WR Evans, 2005).

Leading developmental plans of the companies do not aim to control the behavior
of their employees or controlling the though process of their employee

s. Instead the core aim of such practices by the

organizations is to enhance the skills and behavior of their
employees so that they can perform well in the same
industry with changed parameter and dynamics without
allowing any negative impacts over the outcome of the
organization(H Aguinis, 2009).

Key Aspects of the Leadership Development Program for

Goldman Sachs

The company cannot simply adapt to the methods and

techniques that worked for other companies as the Leadership Development at 
structure and operations of the organization are Goldman Sachs Case
significantly larger than any of the organization dealing in Solution
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the same industry.The leadership development program
must
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16/01/2022, 17:31 Leadership Development at Goldman Sachs Case Study Solution for Harvard HBR Case Study

eliciting the core concept of enhancing the work and performance levels of
employees of the company.

FORM & LOCATION:

The locations,which are the most feasible for the plan, would be the Goldman Facility
being built just across the Hudson River in New Jersey. Location is a symbol of the
cultures followed by Goldman as a corporation which can efficiently influence the
work force of the organization. The location can accommodate large number of
people in it as it has hotel facilities in it and meeting space as well.Moreover, location
can become a physical symbol for the values of Goldman. Space for meetings,
state-of-the-art training and conferences will be available for the organization to
utilize for their operations related to the leadership development program.

STRUCTURE & GOVERNANCE:

The leadership development program should be a complete responsibility of the

human resource department of the organization. The integration of the leadership
development plan should be Goldman Sachs’ human resources functions. The
facility of the organization should be an independent entity, which will remain
directly associated with the operations of the company. The governance of the plan
under HR will enhance the quality of their managers while remaining adjacent with
the values of the organization. It will be the duty of the HR to function the program
efficiently while making sure that the values and working concept of the
organization does not get compromised.

 FACULTY MIX:

The finest managers of the company should be appointed for training the managers
at the facility. The leading managers of the company would be more connected with
the organization itself. The trainings and practices will be of higher quality as they
would be conveyed to the managers while staying within the cultural, social and
organizational values set by the company. Appointing any outsider individual with
great set of expertise might not be feasible for the company as they might deviate
from the standards of the company. The reputable and well-known leading
managers of the organization are going to be the best option for the organization in
order to excel through the program.

LENGTH:

The managers from the desired offices and locations who are operating for
Goldman Sachs will be invited by the facility for their training period. Training period
will not be lengthy one that lasts for months. The managers would be required to
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attend the sessions till a month. The time window per day for the attending manager
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would be of 2 hours daily The training session will be compromising of light and
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16/01/2022, 17:31 Leadership Development at Goldman Sachs Case Study Solution for Harvard HBR Case Study
would be of 2 hours daily. The training session will be compromising of light and
interactive activities through which the faculty and trainers will be aiming to
increase the level of motivation of the managers in attendance. The main focus of
the training program is to increase the performance outcomes of the organization
by enhancing the quality of their manager, and imposing heavy training timings and
period will only act oppositely for Goldman Sachs………………….

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