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File photo: JPMorgan Chase & Co chief executive Jamie Dimon (Picture credit: AP)
With a $4.6 trillion balance sheet, JPMorgan Chase is America's largest bank. It is more valuable than its three biggest Wall Street rivals combined. And much of that success may be due to its long-time leader, Jamie Dimon.
The JPMorgan Chase CEO runs the $4.5 trillion bank with 300,000 employees. However, when it comes to a gadget that has become an integral part of work-life and otherwise for most of us, Dimon has different views. Jamie Dimon says he keeps his phone use to a minimum during the workday — including turning off notifications and ignoring most text messages.“I don’t have notifications,” Dimon told CNN’s Erin Burnett in a recent interview.
“If you sent me a text during the day, I probably do not read it.”The 69-year-old CEO said the only people whose messages get through to him are his children. “The only notifications I get is from my kids. That’s it. When they text me, I get that,” he said.Dimon explained that he prioritizes focus and engagement over constant connectivity, adding that he doesn’t even carry his phone when walking around JPMorgan’s offices or attending meetings.
“When I’m walking around the building and going to meetings, I don’t have it on me. It’s in my office,” he said. “When I go to my meetings, I did the pre-reads and I’m 100% focused on us — what you’re talking about, why you’re talking about it — as opposed to I’m distracted and I’m thinking about other things.”Dimon, who has led JPMorgan for nearly two decades, said that he believes meetings should be purposeful and distraction-free, warning that multitasking and checking emails are signs of poor engagement.
Schools in America need to 'evolve'
America's top banker has also called for a sweeping transformation of the US education system, warning that schools must evolve to meet the demands of a rapidly changing workforce. In an appearance at the Business Roundtable’s CEO Workforce Forum, Dimon emphasised the need for schools to integrate coding, cyber security and financial management into their curricula.Dimon said that aligning educational programs with industry needs will better equip students to secure jobs in these high-demand fields.Dimon, who is also a board member of the New York Jobs CEO Council, highlighted how some educational institutions are collaborating with the private sector to create programs that enhance job readiness.


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