Goldman Sachs - Management Analysis Assignment Example | Topics and Well Written Essays - 1750 words

Goldman Sachs - Management Analysis - Assignment ExampleIt has been noted from the annual report of the company that the primary(prenominal) focus of the company has been at four key areas. The four key areas have been the creation of the jobs as tumefy as the overall branch of the economy, building up of the economy as well as stabilising them, enhancing the opportunities of education and thus glorification of the services as well as expertise. The briny subscribe to of the paper has been to analyse the companys decision making with the help of the way theories. Among the several focus theories such as the Taylors Rational Goal Theory, Fayols and Mintzbergs Internal Systems Theory, Mayos Human social intercourse Theory and Porters Strategic & Peters Cultural Theory the research paper will rag use of the two theories such as Mayos Human Relation and Fayol and Mintzbergs theory. The rule behind choosing Goldman Sachs for the purpose of the study is that during the outcome of Lloyd Blankfein, CEO and death chair of the company, it was accused of fraud by the secondment (Securities and Exchange Commission) in the year 2010. It can thus be identified that the performance of the company during this period has been comparatively inferior. Therefore, through this report, it will be aimed at understanding the kind of decision that the management followed that take to such a huge turmoil. The report will try to comprehend the reasons of failure during the rein of Lloyd Blankfein. The epitome will be conducted using the various theories that have been identified and finally recommendations will be provided with regards to how the management can improve its managerial decision making capabilities. Managerial Decision Making At Goldman Sachs The main business of the Goldman Sachs has been to invest the money belonging to the large organisations as well as the wealthy individuals. It has hike been identified that the firm 10ds to put its own funds as well at risk. Organisational Structure Lloyd Blankfein has been the Chairman and CEO of the company since the year 2006. Lloyd Blankfein by nature has been quite affable and smart. His five years promote in Goldman Sachs can be classified into three different groups. He experienced unstable growth till early 2008. Furthermore, the financial crisis that took place because of the breakdown of the Lehman Br separates was also evident during his ruling period. The bank, further judge to recover in the year 2009, despite various regulations that was formed after the post-crisis and the fall in their reputations. The other person who has been working with the company under Mr. Lloyd Blankfein is David Viniar who has been the Chief Financial Officer and has served the company for more than ten years. Mr. E. Gerald Corrigan has been the Co-chair of the Risk as well as Global Compliance and Controls Committee. Mr. Henry Paulson was the Chief Executive of the Goldman Sachs introductory to Lloyd B lankfein (Steinert-Threlkerd, 2009). Alan Cohen has been the Compliance Officer at Goldman Sachs, John Rogers has been the Secretary and Gary Cohn is the President as well as the murmur (The Official Board, 2011). It has been evident that the company has outperformed in its operations in most of the areas. It has been positioned among the best three underwriters. It is because of the concordant and best performance along with the commitment of the top management towards the municipal business as well as the public sector. The company also has