In 1994 the investment banking firm Goldman Sachs sustained trading losses that led to a mass exodus of senior partners. As a tight-knit, privately held organization, these sudden departures threatened both the firm’s external client relationships and the trusting internal social network between the partners. In the face of this crisis, what reorganization plans should Goldman adopt that would allow the firm to build on its past success and provide the best foundation for future growth?

Case id: 140408