Chase Management and Leadership Paper Term Example | Topics and Well Written Essays - 2000 words

Chase Management and Leadership - Term Paper Example me time, JPMorgan must determine the best method to satisfy foreign customers with vastly different needs and lifestyle values in an ever-changing and adaptable work environment. This requires dedication to setting up a healthier organizational culture built on teamwork and trust as primary principles for the business. This paper describes the role of manager versus leader at JPMorgan Chase, the process of maintaining a healthy organizational culture, and offers strategies on how to support a vigorous and dedicated team of professionals. The roles of traditional manager and that of an internal leader are significantly different in today’s fast-paced, international business environments. The role of manager is that of planning new operational activities and delegation of employee responsibilities, including assessment of financial data through management accounting. In the role of manager at JPMorgan Chase, this would include reviewing strategic plans, developing risk management policies, and considering the scope of major capital investments (Epstein & Roy, 2010). This role is primarily operational and strategic in nature, assessing long-term strategies and then aligning internal staff to meet these mandated goals. The role of manager in this financial institution is also setting a series of control practices, such as new employee policies, to ensure that all members of the organizational staff are performing their job roles effectively and considering proper allocation of organizational resources both budget ary and human resources-related. Management is a process-minded and procedural role with considerable employee oversight. In an organization like JPMorgan Chase, it involves a transactional focus, which is offering contingent reward to high performers based on their individual or group performance for meeting corporate goals (Judge & Piccolo, 2004). In this role, at a company like JPMorgan, these activities include monitoring changes in financial