STRATEGIC LEADERSHIP

Strategic Leadership



Executive Summary

This paper focuses on the application of the strategic leadership style of Jamie Domon. In this paper we discuss the different aspects related to his leadership. Initially the paper discusses the leadership style of Jamie Dimon, as being a situational leader. This paper presents the fact about Jamie Dimon as a leader, being a person, who focuses on achieving success and profit for his company, along with success for the people. This paper also presents his ethical leadership style, in which he tries to keep his employees motivated, through which he keeps them focused towards achieving success for the company. It also focuses on the corporate social responsibility that the organisation fulfills towards the society. Moreover, the emotional factor in the leadership of Jamie dimon has also been presented in the paper, with the example of how he defends his industry. Overall, the paper presents the fact that Jamie Dimon is a situational leader, also works for the betterment of the society also works towards achieving triple P (Profit, People, Planet).

Introduction

JPMorgan Chase is a financial company created in 2000 from the merger of Chase Manhattan Corporation and JP Morgan & Co. (Banking Morgan). It is one of the financial services companies in the worlds oldest. It also operates in the fruit and vegetable market in London (Arvey, Rotundo, Johnson, Zhang, McGue, 2006, pp. 1). The company, headquartered in New York, is a leader in investment banking, financial services, management of financial assets and private investment. With financial assets of $ 1.3 trillion, JPMorgan Chase is now the third bank in the United States, behind Bank of America and Citigroup (Arvey, Rotundo, Johnson, Zhang, McGue, 2006, pp. 5).

The unit of hedge funds (hedge fund) of the bank is the largest in the United States with investments of 34 billion dollars in 2007(Arvey, Rotundo, Johnson, Zhang, McGue, 2006, pp. 8). In 2004, the company was merged with Bank One in Chicago, incorporating the latter's chief executive, Jamie Dimon as president and CEO of the merged company, while it was decided that would be the successor who was director Group Executive at the time, William B. Harrison, Jr. In January 2006, Dimon was eventually appointed chief executive in December also chairman of JP Morgan Chase. JPMorgan Chase operates as a kind of holding. Chase brand is used as credit cards and retail banking in the United States (Arvey, Rotundo, Johnson, Zhang, McGue, 2006, pp. 20).

The New York Chemical Manufacturing Company was founded in 1823 as a company dedicated to the chemical industry. In 1824 changed its banking laws for taking the name of Chemical Bank in New York. After 1851 the banking sector was separated and began to grow through a series of mergers, among which stood out which was held in 1954 with Corn Exchange Bank in 1986 with Texas Commerce Bank (a large bank of Texas ) and in 1991 the Manufacturers Hanover Trust Company , the largest bank merger to ...