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JPMorgan Chase – “Must Sell your soul to the Company

2 of 2 people found this helpful

May 31, 2009

2.0

JPMorgan Chase Director:   (Past Employee - 2007)

Pros

Chase is a very powerful and strong name which brings along a great amount of benefits for that reason. The company is financially viable and willing to spend money where it can see a good reason.

Cons

Managers and above are expected to bleed Chase. It must be the most important thing in your life. Do not expect that your family life outside of work is more imporant than what Chase needs even if that means unplanned late Sunday night meetings to talk strategy on something that could have been discussed the next day. Also be ready for layers of red tape in order to get simple things accomplished. There are so much division of labor to the point that it would take a team of 20 people to accomplish the simple task of providing instuctions for someone to tie their shoe.

Advice to Senior Management

Empower your people more. Depend more on people and not totally on "processes." Everything has a process with Chase. Processes makes sense but Chase goes overboard with creating processes in order to remove the thinking.

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JPMorgan Chase Overview (JPM )
Web
www.jpmorganchase.com
Industries
Size
5000+ Employees, $67B+ Revenue
HQ
New York, NY
Competitors

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