Taro Logo

Money, Politics, And Hellish It

Vice President - Technology
Former Employee
Worked at Goldman Sachs for 9 years
June 14, 2014
Jersey City, New Jersey
3.0
Doesn't RecommendNegative OutlookApproves of CEO
Pros
  • Money
  • Money
  • Bragging rights on your resume
  • Challenging environment, politically. You can go work in DC after working here.
Cons
  • Politics in IT departments are horrible!
  • Time management is impossible. Enjoy days full of meetings and email; actual work adding to the business' bottom line... not so much.
  • IT middle managers have bred themselves to the point of infestation. Most seem to think their job is to micromanage, call meetings, and send email. Leadership is a term thrown around continuously, but rarely earned in reality.
Advice to Management

The state of IT is horrible and in major decline. You're bleeding talent and culture you will NEVER be able to get back if you don't make some radical changes.

Oh, and if you're going to make a cultural change by attrition, start at the top, not the bottom; else it'll just encourage more bad behavior.

No one in IT believes their career will go anywhere. They're only hoping not to be laid off before they have to retire. Yet, they won't leave because you pay so much.

How is this a good thing? If the culture is bad, you won't be able to retain the much-needed experienced senior IT people, nor will you be able to keep the new junior population (who are much more likely to leave for other opportunities).

Was this helpful?

Goldman Sachs Interview Experiences