e points were obtained from a presentation made by Mr. Dimon which stuck with the author of the article the most. The first point brought to the spotlight is “businesses are good at wasting money.” This is something that most would never expect would be said from the mouth of the CEO of a large corporation. When he explains why he feels this way, it makes perfect sense. Jamie Dimon enjoys spending money, he will not deny that, but he thinks instead of cutting costs they should cut wastes, because then you can spend money on things that matter. Such things that would be wise to spend money on would be ones that benefit employees such as better compensation, implement new technology, and other company procedures, such as marketing and advertising. The second point we see is that employees should “build a great company every day and the share price will take care of itself.” Mr. Dimon feels that if employees put their best efforts into their work every day, not just when something is due or they’re up for review, the company will be more successful. This success is not only measured in client satisfaction but also share prices. He says “focus on excellence and the profits will come.” The third, and final, point addressed by the author is “I am not a ‘rock star’; I am part of a team.” Jamie Dimon acknowledges that he is the main figure associated with Chase, but he wants the public to know that the entire staff deserves recognition. He is not the only one doing the work and feels that the company’s “accomplishments are attributable solely to the teamwork that is occurring within the organization.” The author only chose three main points addressed during Jamie Dimon’s presentation, but they show how Chase’s leader works with his staff to ensure success in their business planning and strategies. http://www.purecooke.com/?p=147
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