Question: Part-1 Case Study: - Case: GOLDMAN SACHS Please read the case Coldman Sachs from Chapter 5 w.yrisksen Page: - 149 given in your textbook -
Part-1 Case Study: - Case: GOLDMAN SACHS Please read the case "Coldman Sachs" from Chapter 5 w.yrisksen Page: - 149 given in your textbook - Organizational behaviour: Improving performance and commitment in the worklace (7th ed). by Colquitt, J. A., LeRine, J. A., \& Wesson, M. J. (2021) and Answer the following Questions: Assignment Question(s): 1. Identify and describe the types of demands that Goldman Sachs' employees experience in their jobs. Explain why these employees can be motivated and committed to the company while also experiencing a great deal of stress.(03 Marks) (Min words 150-200) 2. Describe how Goldman Sachs' resilience training might influence different parts of the stress process as it is described in this chapter. (03 Marks) (MIn words 150-200) 3. Identify and describe potential limitations of Goldman Sachs' resilience training program. How can these limitations be mitigated? (03 Mark) (Min words 200) n 1869, an immigrant from Bavaria named Marcus and selling businesses, and managing assets and investGoldman started a business buying and selling promis- ing for institutional as well as individual clients. From this sory notes in New York. The company experienced suc- list of endeavors, it is easy to appreciate the stress faced cess, and in 1882, the husband of Goldman's youngest by Goldman Sachs' employees. The workload is high, there daughter, Samual Sachs, was brought on as a partner. The is pressure to perform for demanding clients who expect company, now called Goldman Sachs, expanded rapidly as results, decisions can involve colossal sums of money and it continued to innovate in financial services and investment must be made where there is uncertainty and risk, and banking. As an example, the company led Sears, Robuck employees know that poor decisions can have major conand Co.'s initial public offering in 1906. Although large sequences and give rise to public scrutiny. Indeed, it's likely (\$25 billion in today's dollars), it wasn't the size of the deal that you may be familiar with Goldman Sachs because of that was new. Rather, the company's valuation was based news stories describing the role the company played in the on its potential (growth in sales and productivity), rather U.S. financial crisis of 2007-2008. than on what the company was worth in terms of its tangible Goldman Sachs provides a number of benefits intended assets. This innovation allowed capital to flow into promis- to help employees deal with the stress they experience. ing companies so that sales and productivity could grow. As an example, the company offers counseling and referfast enough to meet demand, and as it turned out, it served ral services, and in some locations, onsite health centers, to ignite the consumer-retail sector of the U.S. economy. to deal with stress related issues. As another example, the Today. Goldman Sachs is one of the largest investment company encourages a healthy and active lifestyle and banking, securities, and investment management firms in the reimburses employees for fees paid for fitness club memworld. Company employees are involved in efforts to serve berships. The company also helps employees cope with a wide variety of important clients. Examples include help- nonwork demands with things like onsite child care in some ing governments finance their operations and infrastructure locations, and allows for flexible work arrangements, such projects, advising companies on raising capital and buying as working at home or in the office during altemative hours