1: Goldman Sachs’ Digital Journey
Requirement for the cases: Refer to the Syllabus for requirements for the cases, to include length of paper, meeting deadlines, compliance with academic integrity rules. It is requested that the assignments be submitted in hard copy. If you will not be in class, please email by the deadline.
Goldman Sachs’ Digital Journey Assignment Questions: Using the information in the case, answer the questions below. 1.What are the major factors that drove change in the strategy of Goldman Sachs?
- Goldman’s change in its strategy involved three digital transformation phases: (1) creating internal efficiencies, (2) strengthening the core. (3) extending the core. Describe the second and third phases of this strategy shift (strengthening the core and extending the core, respectively.) Include platform, application. and/or product initiatives in your response.
- What are the reasons in favor of opening up its systems to clients and competitors? What are the potential risks in this strategy?
- Based on your analysis of the facts in the case, do you believe this is the right strategy for Goldman Sachs? Briefly support your response.
Sample Solution
