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JPMorgan Chase CEO Jamie Dimon says bureaucracy is like the "petri dish of politics and everything else" Dimon said the fix is to address the issue starting at the top.
Jamie Dimon targets bureaucracy by removing managers who prioritize process over results at JPMorgan.
KEY POINTS
- Dimon cancels meetings at JPMorgan if relevant information is not shared in advance.
- He prefers small, focused teams over large managerial ratios, differing from Meta's flatter model.
- Amazon received over 1,500 employee complaints about bureaucracy, resulting in 450 process changes.
COMPANIES
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