A new Goldman Sachs tech exec hired from Amazon is taking a page from the Jeff Bezos playbook and urging engineers to ditch PowerPoint and write memos
Marco Argenti joined Oct. 21 and hasn't wasted any time bringing over one of his ex-employer's most storied quirks.Marco Argenti, Goldman's new chief information officer, sent a memo earlier this week to the firm's 9,000-plus engineering division explaining his preference for narrative memos over PowerPoint presentations.
The memo was sent as a follow up to an engineering division Town Hall held this week, where outgoing CIO Elisha Wiesel sang self-written songs and played guitar, according to the memo viewed by Business Insider. banned PowerPoint "The power of the narrative doc is that it takes charisma and presentation flair out of the equation when making decisions," he wrote this week. "It forces the author to think through all facets of a problem and explain them clearly to a group of smart and naturally curious stakeholders, and gives you the opportunity to tell your story without being interrupted."
The Goldman exec said in the memo that he will soon publish some guidelines and samples. For now, he shared a few suggestions. Third and last, the writer should be "objective, factual and humble," he wrote. "Do not be afraid to talk about your failures in addition to your successes. Ask yourself the hardest questions, and answer them objectively without bias."
Argenti, for example, asked employees interested in learning more to reach him via email but also Symphony, Goldman's internal chat function. he plans to elevate how third-party developers are treated by Goldman so that they feel like "most valued customers."
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