Maguire: The Mission Statement



Only if you are familiar with the movie, "Jerry Maguire" will you get this connection.  The last couple days much has been made of a Goldman'Sachs vice president who resigned, letting the NY Times know that the company no longer valued clients and in fact have gone so far as to mock their clients.  Goldman is an investment banker and Wall Street trading firm, they exist to make money for themselves and their clients.  The former vp, claims the company is only interested in making money for themselves and suggests the compnay cares little for their clients. Hello? Is this news? No not really.  Goldman has a long history of profit making both for themselves and thier cliental.  What this former employee is really saying is along the lines of what Jerry Maguire tired to say, Value the Client More and the company will succeed.  Less is more, Quality over Quantity, Respect Your Business Partners.

Of course, things did not go well for Jerry Maguire, at first.  After he wrote and distributed the famous, "THE THINGS WE THINK AND DO NOT SAY", the famed mission statement he was fired.  He struggled to build a new business that valued clients and moved on becoming successfull over time.  He had the courage of his convictions. Perhaps this is what the former Goldman vp is attempting to say.  On the other hand it's possible he didn't get the promotion he felt he was due and having the means, quit.  He took the opportunity to let people know through the press that Goldman no longer values it's clients as is once did.  It's not quite a Jerry Maguire moment though, if you have become part of the 1%, it is somewhat easier to quit your job and reveal the shortcomings of a company that you worked for for 12 years.  Hmmm.  I am not sure. It may be similar to a Jerry Maguire moment.  Though somwhere I think I can faintly detect soemthing that sounds like," ...show me the money!"