David Solomon, CEO of Goldman Sachs, discusses leadership, culture, and decision-making in established companies. Solomon emphasizes the importance of experience and judgment, especially during challenging times, and shares his approach to balancing the needs of clients, shareholders, and employees. He recounts Goldman Sachs' decision to step away from its consumer partnership with Apple, highlighting the complexities and the impact of regulatory changes. Solomon also stresses the need for intentional culture shaping, exemplified by Goldman Sachs' investment in partner retreats to reinforce values and strategic alignment, and he touches on the firm's pivots in technology, including AI, to enhance productivity and maintain its competitive edge.
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