Letters to the Editor
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I'm not really sure what Goldman is doing here
Is training 10,000 women in rudimentary business techniques going to open up new markets for Goldman? I doubt it, except maybe in the very long term. Other than trying to boost their reputation, this doesn't seem to have any direct implications on their business.
Sure, I can imagine how more women in business in developing countries who are trained in management can shore up stability in those countries, reducing country risk, and opening up new markets. Or, more women in business in the developing world can promote long-term economic development that will open up markets.
If Goldman were on a cutthroat hunt for talent, they would work not to tailor a program to women to run small businesses but start giving out scholarships to business schools to extremely promising female talent that they scout. They could really get a leg up on their competition that way.