Ashamed? Ashamed? ASHAMED???
(Say it out loud like Bracknell saying A HANDBAG???)
What is happening to this country? People at Harvard Business School are ashamed to admit they were like this with great Americans like Lloyd Blankfein, Squido di Tutti Squidi? This country is about to elect as President a proud graduate of Wharton, the BIZnessest biz school in the world, and current students at HBS are ashamed of having worked in an investment bank? What the hell is that? Can it be that the, uh, symbolic value of people Blankfein, Jamie Dimon, and pretty boy Dick Fuld and his merry men is declining?
It’s partly the fault of those goddamn case studies.
“There are several case studies dealing with investment banks wherein students discuss the brutal work environment and incredibly out-of-whack work-life balance,” [said one observer]. “The banks’ efforts — their success or lack thereof — to bring about change have not been discussed, but what is consistently highlighted is the dark side of investment banks.”
What to do?
Big banks are fighting back, promising recruits more hours to sleep, the occasional day off and reasonable deadlines. The effort, prompted by the death of a Bank of America Corp. intern in 2013, is driven in part by fear that the brightest students no longer see investment banking as a sustainable career. Goldman Sachs Group Inc. invited celebrity author Deepak Chopra to talk to its staff a few months ago about wellness, relaxation and the value of vacation.
Deepak! Deepak baby! Teach them how not to die!
August 13th, 2015 at 10:39AM
master class in snake-oil salesmanship?
August 13th, 2015 at 10:42AM
It’s the commodification of talent – after all, who in the trenches is not expendable?