Why Does Goldman Sachs President and COO John Waldron View Himself as COO First and President Second?
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De-Siloing the Firm
On the first day in our job, David, Steven and I put out a memo that talked about one Goldman Sachs. We think de-siloing the firm really is about bringing everybody together to solve clients' problems or our own issues. And that seems again quite simple, but there's a lot of organizational calcification,. if you will, that we've got to cut through to do that. But I think what we have is a real strength at the core is we have a culture in ethos where people want to behave that way.
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