Strategic Management in Goldman Sachs

Strategic Management

Table of Contents
INTRODUCTION...........................................................................................................................3
Main body........................................................................................................................................3
Goldman Sachs profile...........................................................................................................3
Comparison between closest competition in the industry......................................................7
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................10
Books and Journals...............................................................................................................10

INTRODUCTION
Strategic management is one of the important aspects for a company which helps in
framing long term and short term plans. It involves setting of goals and objectives with the help
of scanning internal and external environment of operating market. It is management of all the
necessary needs of an organisation for meeting its organisational goals and objectives. It is the
on-going process of planning, analysing, monitoring and evaluating of changes in a business. It
occurs due to dynamic and uncertain nature of business environment of a company. It helps in
bridging the gap between present and future situation with the help of planning and framing
strategic goals. It is consist of development of strategic vision and mission, setting objectives,
formulating and implementing of various strategies (Hajili, 2019). This involves consistent
monitoring and controlling of various activities with the introduction of corrective or disciplined
measures. It is done to avoid deviations in strategic planning and its implementation to reach
organisation's strategic intent. Goldman Sachs is an American multinational brand in investment
bank and financial services sector. It is headquartered in New York city which offers services in
portfolio management, securities underwriting and prime brokerage etc. This report includes
development of company profile with industry structure, market position and market size etc.
Main body
Goldman Sachs profile
Company Background