Publications
Publications
- September 2017 (Revised May 2019)
- HBS Case Collection
Goldman Sachs' Digital Journey
By: Sunil Gupta and Sara Simonds
Abstract
Lloyd Blankfein, Chairman and CEO of Goldman Sachs, proclaimed, “We are a technology firm. We are a platform.” By 2017, he led a series of initiatives to translate this vision into reality. These included giving clients access to its proprietary database without requiring them to do business with the firm, and inviting competitors to sell their products on its platform. Was this the right strategy and what did it say about the future direction of the firm?
Keywords
Finance; Information Technology; Digital Platforms; Strategy; Transformation; Digital Strategy; Digital Transformation
Citation
Gupta, Sunil, and Sara Simonds. "Goldman Sachs' Digital Journey." Harvard Business School Case 518-039, September 2017. (Revised May 2019.)