🤘Dejan Gajsek on LinkedIn: Have you ever heard of Goldman Sachs' 15-minute rule at Goldman Sachs? It… | 10 comments (2024)

🤘Dejan Gajsek

Competitive intelligence and enablement service for B2B Tech Companies | Nosy by Nature

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Have you ever heard of Goldman Sachs' 15-minute rule at Goldman Sachs?It means you have to respond to an email in 15 minutes or less no matter what. It doesn't matter if you:- showering- hiking in the mountains- attending your son's wedding- saving someone from a drowning vehicleUnreasonable? Heck yeah.Borderline toxic? Most likely.The perfect recipe for burnout? You bet.It doesn't mean you should do it (I certainly wouldn't) but this practice exists.The embodiment of the Time Kills All Deals attitude.Other companies have their own "unreasonable" practices. Zappos Family of Companies has a 365-day return policyStarbucks offers a free drink if it's not perfectPatagonia has their Ironclad Guarantee repair serviceThe Ritz-Carlton Hotel Company, L.L.C. allows their employees to spend up to $2,000 to solve a customer problem without approvalOnce the product quality isn't a differentiating factor, the customer service and relationships are. What makes you different?

  • 🤘Dejan Gajsek on LinkedIn: Have you ever heard of Goldman Sachs' 15-minute rule at Goldman Sachs?It… | 10 comments (2)

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Bojan Straze

Sales narrative for B2B products | Strategic messaging to get better customers faster | Positioning → stronger sales pitch → marketing content optimization → sales team training |

4mo

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It seems to me that in most industries quality is not a differentiating factor - yet in most companies they act as if quality is the ONLY differentiating factor. The companies you listed think out of the (quality) box when positioning themselves.

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Mike Freed

People Connector | Bookworm | Business Development Manager at EECOL Electric

4mo

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Speed is absolutely critical in business development. You don't have to have the full answer, just the acknowledgement that your customer is heard and that you are on the case.One organization shared they had a 2,000% increase in win rate whenever they were able to respond within 5 minutes of an inquiry. That's stuck with me since!

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Anf Chans ☕

Fractional CMO, B2B Marketing Consultant, and Content Creator for $1M+ Accounting & SaaS businesses. | Follow for posts about authentic networking and trust-based marketing

4mo

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Starbucksoffers a free drink if it's not perfect? I wasn't aware of this. I could have had many free drinks by now.

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🤘Dejan Gajsek on LinkedIn: Have you ever heard of Goldman Sachs' 15-minute rule at Goldman Sachs?It… | 10 comments (42)

🤘Dejan Gajsek on LinkedIn: Have you ever heard of Goldman Sachs' 15-minute rule at Goldman Sachs?It… | 10 comments (43)

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🤘Dejan Gajsek on LinkedIn: Have you ever heard of Goldman Sachs' 15-minute rule at Goldman Sachs?

It… | 10 comments (2024)

FAQs

Does Goldman Sachs have a 15-minute response rule? ›

Have you ever heard of Goldman Sachs' 15-minute rule at Goldman Sachs? It means you have to respond to an email in 15 minutes or less no matter what.

How to answer the why Goldman Sachs question? ›

A sample response is: “I am thrilled to interview for Goldman Sachs. The company's commitment to excellence and historical performance in finance made me realize that this is the firm for me. I am a hard worker, and I believe I embody the company's values.

What is the 15-minute rule? ›

Caroline Buchanan, a journalist and author of The 15-Minute Rule — How to Stop Procrastinating and Take Control of your Life, believes that her 15-minute rule is “nothing short of life-changing.” She suggests setting a timer for 15-minutes and doing only your task until the timer is up.

How stressful is Goldman Sachs? ›

Working at Goldman Sachs can be difficult and stressful, especially in roles that require long hours and intense workloads. Employees are expected to be highly motivated and committed to their work.

Is Goldman Sachs hard to get approved for? ›

Goldman Sachs is the premier investment bank in the world. With an acceptance rate of roughly 4%, it's harder to get into Goldman than it is to get into Harvard or Yale. Let me share how to get a job at Goldman Sachs from someone who did.

How many hours a week do Goldman Sachs work? ›

The well-known bulge bracket banks like Goldman Sachs, J.P. Morgan, and Bank of America tend to work analyst-level investment bankers at the industry standard scale of 60-80 hours per week. Example Bulge Bracket Banks: Goldman Sachs.

Is it hard to crack Goldman Sachs interview? ›

Goldman Sachs is well known for their lengthy interview process. There's no denying it. GS interview process is really, really tough but it's certainly not impossible as applicants have proved it in the past and so has Nithin who hails from Bangalore and is studying at NITK Surathkal.

Do all Goldman Sachs applicants get a HireVue? ›

When applying for an internship or junior role at Goldman Sachs, the recruiting process starts with an application, then you will have a Hirevue video interview, then be invited to an assessment day (also known as Superday), and then finally, receive an offer for the position.

Is working at Goldman Sachs worth it? ›

Goldman Sachs Reviews FAQs

Goldman Sachs has an overall rating of 3.8 out of 5, based on over 19,250 reviews left anonymously by employees. 70% of employees would recommend working at Goldman Sachs to a friend and 58% have a positive outlook for the business. This rating has decreased by 1% over the last 12 months.

What is the 15-minute concept? ›

The 15-minute city is an urban planning concept that, as its name suggests, aims to create communities where people can access key amenities by travelling no more than 15 minutes on foot or by bike.

What is the 15-minute zone rule? ›

But some right-wing politicians and a handful of conspiracy theorists have condemned the idea as a "socialist concept," so what is going on? What is a 15-minute city? The idea is that everything a person needs should be within a 15-minute walk or cycle from any point in the city.

What is the 15-minute class law? ›

The 15-minute rule is a widespread rumor stating that if a teacher is 15 minutes late to class, students are allowed to leave with no repercussions. Though it's specific origins are unknown, this so-called rule most likely stemmed from the terminology of college students.

What is the controversy with Goldman Sachs? ›

The company has been criticized for lack of ethical standards, working with dictatorial regimes, close relationships with the U.S. federal government via a "revolving door" of former employees, and driving up prices of commodities through futures speculation.

Is Goldman Sachs still prestigious? ›

Bankers continue to regard Goldman Sachs as the world's most prestigious bank, followed (as always) by Morgan Stanley and JP Morgan. Credit Suisse and UBS lost the most ground in 2022 while LionTree Advisors' reputation improved the most in the eyes of bankers.

Who is the highest paid at Goldman? ›

The highest paid was Peter Oppenheimer, who received $565,683 in 2023, compared with $515,461 in 2022, the statement said. Get a look at the day ahead in U.S. and global markets with the Morning Bid U.S. newsletter.

What is the response time for Goldman Sachs? ›

Response Time After GS Interview

Generally, you will hear back from a front office GS super day within three days. However, some users found out less than 2 hours after their interview but some have said that the wait time can be between 1 week to 1 month.

What is the Goldman Sachs response rule? ›

And I asked, how are you so responsive all the time? And he said, Goldman Sachs. There was a rule of 15 minutes, meaning you had to respond to whatever for me, reach out to you in within 15 minutes, 24 hours a day, seven days a week.

How long does Goldman Sachs take to reply after Superday? ›

Generally speaking, at bulge bracket firms for entry level positions, you will get a response after a super day within 2 - 3 days with some firms responding same day.

Who is the longest serving employee at Goldman Sachs? ›

Alfred Feld, Goldman's Longest-Serving Employee, Dies at 98.

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