Question

What actions did recruiting managers at Goldman Sachs NOT take to change the bank's culture and push for good strategy execution and operating excellence?

Multiple Choice

• Goldman recruiters learned the obstacles in the path of good execution, and cleared the way for progress by seeking buy-in from C-Level executives to institute changes in the bank's culture

• Goldman liberalized its parental leave policies, provided greater flexibility in work schedules, and enacted protections for interns and junior bankers designed to limit their working hours

• Goldman overhauled its performance review and promotion systems as well as its recruiting practices and policies regarding diversity

• Goldman weeded out managers who were consistently in the ranks of the lowest performers (the bottom 10 percent) and who were not enthusiastic about the strategy or how it is being executed

• Goldman instituted more employee-friendly work schedules and policies, more accommodating of work-life balance

Answer 1

Goldman weeded out managers who were consistently in the ranks of the lowest performers (the bottom 10 percent) and who were not enthusiastic about the strategy or how it is being executed is the action that the recruiting managers at Goldman Sachs did NOT take to change the bank's culture and push for good strategy execution and operating excellence. Whereas the remaining actions were taken by Goldman Sachs' recruiting managers in this context.

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