Book Review: Steven G. Mandis: What Happened to Goldman Sachs: An Insider’s Story of Organizational Drift and Its Unintended Consequences

11798E_500Looking for a good read now that the semester is winding down?

Steven G. Mandis: What Happened to Goldman Sachs: An Insider’s Story of Organizational Drift and Its Unintended Consequences. Boston: Harvard Business Review Press, 2013. 400 pp. $28.00, hardcover.

Alexandra Michel of University of Pennsylvania Graduate School of Education reviewed Steven G. Mandis’s “What Happened to Goldman Sachs: An Insider’s Story of Organizational Drift and Its Unintended Consequences” in the December issue of Administrative Science Quarterly.

From the review:

If you were to read the mostly positive Amazon reviews of What Happened ASQ_v59n4_Dec2014_cover.inddto Goldman Sachs, you would also find complaints that the book is “dry and depersonalized” and, perhaps less offensive to readers of an academic journal, “a business school case study” filled with “obtuse information” (namely data tables) instead of a “lurid and titillating insider’s look” into Wall Street excess. These reviews miss the point. Far from being depersonalized, the book offers the personal in a way that is societally important. But you have to know how to look. The personal does not come in the form of a lurid and titillating narrative about Wall Street actors. It comes as the opportunity to witness one such actor, namely Mandis, in action, which is societally important because it helps explain how Goldman transforms people and what accounts for its success.

You can read the rest of the review from Administrative Science Quarterly for free by clicking here. Want to know when all the latest news, research, and book reviews are available from Administrative Science Quarterly? Click here to sign up for e-alerts!

This entry was posted in Book Review, Change, Decision making, Economics, Entrepreneurship, Ethics, Firm Performance, Leadership, Motivation, Organizational Behavior, organizational change, Organizational Development, Politics and tagged , , , , by Cynthia Nalevanko, Editor, SAGE Publishing. Bookmark the permalink.

About Cynthia Nalevanko, Editor, SAGE Publishing

Founded in 1965, SAGE is the world’s leading independent academic and professional publisher. Known for our commitment to quality and innovation, SAGE has helped inform and educate a global community of scholars, practitioners, researchers, and students across a broad range of subject areas. With over 1500 employees globally from principal offices in Los Angeles, London, New Delhi, Singapore, Washington DC, and Melburne, our publishing program includes more than 1000 journals and over 900 books, reference works and databases a year in business, humanities, social sciences, science, technology and medicine. Believing passionately that engaged scholarship lies at the heart of any healthy society and that education is intrinsically valuable, SAGE aims to be the world’s leading independent academic and professional publisher. This means playing a creative role in society by disseminating teaching and research on a global scale, the cornerstones of which are good, long-term relationships, a focus on our markets, and an ability to combine quality and innovation. Leading authors, editors and societies should feel that SAGE is their natural home: we believe in meeting the range of their needs, and in publishing the best of their work. We are a growing company, and our financial success comes from thinking creatively about our markets and actively responding to the needs of our customers.

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