Sunday, July 21, 2024

Jamie Dimon, head of the largest and powerful bank JP Morgan 10 rules for success

Every generation needs a revolution - an entrepreneurial revolution



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Jamie Dimon, chief of JP Morgan: if one customer is tortured, there are 100,000 probably tortured too - welcome complaints

Every generation needs a revolution - an entrepreneurial revolution

Jamie Dimon, the head of one of the largest bank in USA says you as CEO must welcome complaints as this moves you to listen and change your processes to serve the customers better.

Other admonition:
    1.  Get out from your desk and go around, (as in Gemba, or MBWA - manage by walking around)
    2.  Improve and learn;   stagnate or be left behind

Thursday, July 18, 2024

Problems at del Monte

Every generation needs a revolution - an entrepreneurial revolution

Del Monte CEO Butch Campos is extremely disappointed  with the performance of its flagship corporation .  It has huge debt of P29 million maturing and  $127 million in losses.  It will continue to be in the red till 2025.

Campos is the scion of the  Unilab fame, and has seen many good times . He was a partner in the BGC takeover from MVP.

We wish Butch the power and determination to turn around Del Monte.   

Why did it happen to him?   What could have been the causes?