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Hi, need to submit a 1500 words essay on the topic JPMorgan Organizational Planning.The essay "JPMorgan Organizational Planning" talks about JPMorgan, a global financial services and banking company b
Hi, need to submit a 1500 words essay on the topic JPMorgan Organizational Planning.
The essay "JPMorgan Organizational Planning" talks about JPMorgan, a global financial services and banking company based in the United States of America. The company serves as the biggest American bank, having total assets amounting to $2.6 trillion. It serves as a key financial services provider. JPMorgan is among the largest of the four large banks in the U.S., with Citigroup, Bank of America, and Wells Fargo. As the biggest bank in America and the world, it is true that JPMorgan embarks on revolutionary organizational strategies remain competitive
Strategic planning has many forms, shapes, and sizes. It facilitates in differentiating each business as well as the functions and goals they are hoping to achieve. One of the key strategies that JP Morgan embarks on is merging with reputable firms to boost its key operations. For instance, long term planning is of vital importance for every organization that wants to continue expanding its global operations. It has always set a mission that would drive it to emerge as the biggest bank globally. The strategies that the company embarks on as allowed it to emerge as one of the worldwide leaders in banking and financial services. For instance, by the year 2014, JPMorgan overall assets were about $2.515 trillion as well as $227.1 billion in terms of stockholders equity. To boost its expansion and growth potential further, JPMorgan invests in some of the fastest growing economies globally. The firm has established its operations in approximately 85 countries globally.