1、Clients.Markets.Culture.Goldman Sachs 2006 Annual ReportI.Ourclientsinterestsalwayscomefirst.Ourexperienceshowsthatifweserveourclientswell,ourownsuccesswillfollow.II.Ourassetsareourpeople,capitalandreputation.Ifanyoftheseiseverdiminished,thelastisthemostdifficulttorestore.Wearededicatedtocomplyingfu
2、llywiththeletterandspiritofthelaws,rulesandethicalprinciplesthatgovernus.Ourcontinuedsuccessdependsuponunswervingadherencetothisstandard.III.Ourgoalistoprovidesuperiorreturnstoourshareholders.Profitabilityiscriticaltoachievingsuperiorreturns,buildingourcapital,andattractingandkeepingourbestpeople.Si
3、gnificantemployeestockownershipalignstheinterestsofouremployeesandourshareholders.IV.Wetakegreatprideintheprofessionalqualityofourwork.Wehaveanuncompromisingdeterminationtoachieveexcellenceineverythingweundertake.Thoughwemaybeinvolvedinawidevarietyandheavyvolumeofactivity,wewould,ifitcametoachoice,r
4、atherbebestthanbiggest.V.Westresscreativityandimaginationineverythingwedo.Whilerecognizingthattheoldwaymaystillbethebestway,weconstantlystrivetofindabettersolutiontoaclientsproblems.Weprideourselvesonhavingpioneeredmanyofthepracticesandtechniquesthathavebecomestandardintheindustry.VI.Wemakeanunusual
5、efforttoidentifyandrecruittheverybestpersonforeveryjob.Althoughouractivitiesaremeasuredinbillionsofdollars,weselectourpeopleonebyone.Inaservicebusiness,weknowthatwithoutthebestpeople,wecannotbethebestfirm.VII.Weofferourpeopletheopportunitytomoveaheadmorerapidlythanispossibleatmostotherplaces.Advance
6、mentdependsonmeritandwehaveyettofindthelimitstotheresponsibilityourbestpeopleareabletoassume.Forustobesuccessful,ourmenandwomenmustreflectthediversityofthecommunitiesandculturesinwhichweoperate.Thatmeanswemustattract,retainandmotivatepeoplefrommanybackgroundsandperspectives.Beingdiverseisnotoptional