Why I Am Leaving Goldman Sachs

TODAY is my last day at Goldman Sachs. After almost 12 years at the firm — first as a summer intern while at Stanford, then in New York for 10 years, and now in London — I believe I have worked here long enough to understand the trajectory of its culture, its people and its identity. And I can honestly say that the environment now is as toxic and destructive as I have ever seen it.

Economic and European Financial Woes Take Toll on CFO Expectations

CFOs entered 2012 with lower expectations about the economy, their company’s earnings, internal and external risks, hiring and other factors, based on results from Deloitte’s fourth-quarter survey of large-company CFOs. The reason, not surprisingly, is the ongoing European sovereign debt crisis, unemployment concerns, increasing social unrest and governments’ difficulties in finding effective solutions.

How to Strengthen Risk Management, Candidly Speaking

Organizational cultures that lack candor, Ferrazzi Greenlight CEO Keith Farrazzi tells us, endure longer cycle times, slow decision-making, unnecessarily iterative discussions and below-average financial performance. Even worse, a lack of candor can dumb down a company’s risk intelligence and, in some cases, lead to catastrophe. In the January-February Harvard Business Review, Ferrazzi writes: “My team interviewed executives…