Jamie Dimon, who has a long list of frustrations with meetings, has offered a set of strategies to improve them.
In his annual letter in 2024 to shareholders published on Monday, the CEO of JPMorgan said that he wanted to “kill meetings” because they “slow us down”.
But when meetings have to occur, they have to start and end in time. They should also have a leader, a goal and a follow -up list, wrote Dimon.
He stressed the importance of reading before a meeting – he said he was doing it. Dimon also recommended that employees are preparing to discuss a new product at a meeting by first reducing a press release. This helps them to concentrate and identify the questions that can be asked.
Once at the meeting, be careful, he said.
“I see people in meetings all the time receiving notifications and personal texts or that read emails,” wrote Dimon.
The CEO has added that it is not necessary to include people who are not necessary.
“Sometimes we think we are nice by inviting people to a meeting that does not have to be there. Sometimes we are too stubborn,” he wrote.
Dimon has also repeated his longtime anger with parallel meetings, in which the leaders are approaching later to discuss a question that they did not want to mention before the others.
“It’s not acceptable. Don’t worry. I’m not their messenger. Put it on the table in real time,” he wrote in the letter on Monday.
In the large 58-page letter, Dimon plunged into recent prices and how they will have an impact on the United States, the performance of the investment bank and leadership lessons, including the errors he made in his career.
Dimon, who has managed the bank since 2006, has repeatedly expressed his black beasts on certain types of meetings and how they encourage bureaucracy.
In February, in an internal town hall disclosed the importance of work in person, Dimon disseminated his frustration in the face of virtual meetings.
“Many of you were on the fucking zoom and you were doing the following,” said Dimon in the recording, “looking at your mail, sending us SMS on what an asshole is, the other person, not paying attention, and no to your belongings.”
Audio recording clips, which is filled with anecdotes and blasphemies defending the return to the office, has obtained millions of views on social networks.
Zoom meetings are not the only hates of Dimon.
In last year’s letter to shareholders, the CEO targeted the annual general meetings of companies and complained that they had become places of “spiral frivolous” and “Grandetanding showcase” which must be reformed.
Annual meetings are necessary for public companies so that investors can vote on the board of directors and business changes. These meetings range from Staid Company conferences to splashing events in exotic destinations. The annual meeting of Berkshire Hathaway attracts thousands of faithful around the world to Omaha.
businessinsider
