Experiential Exercise 8: Testing the Health of Goldman Sachs Culture

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Experiential Exercise 8: Testing the Health of Goldman Sachs Culture

Your task for this week is an experiential exercise of a case scenario from Chapter 16 Testing the Health of Goldman Sachs Culture
Note: the case scenario is from the chapter reading.
Instructions:
1. Read the case and answer the questions that follow. Studying this case will help you better understand how concepts relating to organizationculture can be applied in a company such as Goldman Sachs.
When the real estate bubble, financial crisis, and major recession triggered waves of home foreclosures and layoffs, many saw investment banksas the villains. Among the supposed bad guys was Goldman Sachs, which recently settled with the Securities and Exchange Commission for $550million. However, defenders including CEO Lloyd Blankfein have pointed out that Goldmans strong culture enabled it to weather the storm andcontinue to lure great employees and prominent customers.>>>>Read the rest of case scenario from the chapter<<<< 2. Create a document that answer the following questions: o How would you define the organization culture of Goldman Sachs? Is it an environment where you would enjoy working? o Using the Competing Values Framework, what type of culture exists at Goldman Sachs? Why do you think so? o What advice would you give Goldmans management for maintaining a healthy culture, especially regarding the ethics and customer dimensions ofits culture? 3. Justify your own responses 4. Write 2 4 pages in APA format including the reference page This case study assignment should be in APA format grammar, spelling and quality will influence your grade. You need to use lit support (from the text or other scholarly sources) in each section of the paper. Use headings to organize your paper thatcorrelate with the key requirements of each EE. To meet the objectives of #3, you will need to use material from the textbook to support yourpoints in #2the literature or the readings help you justify your answers. Be sure to cite and reference in APA formatting. You should alsoinclude a title page, a brief introduction, and a conclusion that sums the points you made in the paper. This case study assignment should be in APA format grammar, spelling and quality will influence your grade. You have to use the book: Required Text: Certo, S. C., & Certo, S. T. (2016). Modern management: Concepts and skills (14th ed.). Boston:Prentice Hall. ISBN-10: 0133859819 ISBN-13: 9780133859812 #Use headings to organize your paper that correlate with the key requirements of each EE #You need to use lit support (from the text or other scholarly sources) in each section of the paper. Use headings to organize your paper thatcorrelate with the key requirements of each EE. To meet the objectives of #3, you will need to use material from the textbook to support yourpoints in #2the literature or the readings help you justify your answers. Be sure to cite and reference in APA formatting. You should alsoinclude a title page, a brief introduction, and a conclusion that sums the points you made in the paper.