Wall Street Women 2012: Diversity Achievement
Traders Magazine Online News, December 3, 2012
Today, we spotlight the sole winner of Diversity Achievement in the 2012 Wall Street Women Awards. The Diversity Achievement award is presented to the firm that demonstrates focused efforts and quantitative and qualitative results in the area of achieving gender diversity in the executive ranks.
Traders Magazine proudly salutes Goldman Sachs Group.
For the firm. For its people. For its clients.
Those three tenets form the bedrock foundation elements of Goldman Sachs' commitment to diversity. If the firm is to succeed, it must be able to attract the best talent, regardless of sex, religion, orientation or age.
To provide the best service to its clients, the firm believes it first must be able to function wholly as a group and draw from a global workforce. And as part of a global and diverse workforce, employees themselves must feel they operate in an environment that supports differences and brings out the best in all.
Lastly, but most important, for Goldman to thrive, it must be able to provide its clients with exemplary service that is global and diverse.
That's the Goldman way, said Carol Pledger, managing director in human capital management.
"One of the firm's strategic goals is to have a diverse workforce," Pledger said. "Senior management is committed to promoting diversity and inclusion in all our talent processes."
That inclusion begins right at the recruitment level, continues through an employee's career development path and culminates in promotion.
Goldman Sachs offers its 32,600-person workforce myriad opportunities to learn about the benefits of diversity and how to tap into the resources a multifaceted workforce can provide. The firm supports 52 different training programs, including Women Leadership Camps and Summits, MBA and Undergraduate Camps for Black and the Hispanic and Native American Studies.
Pledger added that the firm employs a three-pronged approach to diversity that spans its entire workforce. First, employees are required to complete a minimum of two hours of diversity training per year. Second, managers must complete workshops and programs that focus on building diverse teams. Lastly, Goldman sponsors ongoing education programs designed to develop and accelerate diverse employees' careers.
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