How to remained at J P. if you are part of the management swamp?
Here we go again one sport that all managers here play the most: The Game of reorganization, Whether triggered by a leadership transition, or a fundamental change in the business, which it is NOT the case, it is more driven by their poor leadership and performance than anything else, people tend to move around. In fact it’s highly unusual to find anyone in management able to answer questions and make sense at the same time.
The teams I interact with everyday hate to be reorganized. As Much like the lack of structure and clarity, structural changes provoke anxiety in all, we all know that the “new and improved” design will often have fewer chairs (i.e.,many jobs will be lost ), More problematic is the fact that a functional organizational that is currently underway at JP Morgan was partly determined by structure,and mostly driven by incompetence.
But while they engineer the reorganization they are buying Time for themselves, clever way to stay competitive isn't t? “Every time we reorganized, we lost at least a year of innovation.”, But again that is something the higher ups don't know anything about, let's keep the ruse going.
IN SUMMARY, JPMorgan Chase does not care about American jobs or American workers. This is a multi-trillion dollar company that has more than enough money to pay American workers, but chooses not to. They prefer outsourcing to Manila and using unnecessary automation, by hiring n 3rd party vendors to support process they do not know anything about, i