Question

i chose JPMorgan

II. Organizational Profile:

Describe the nature and structure of your organization. Specifically, identify the major strategic objectives of the organization. Be sure to clearly outline and carefully examine each, as you will need to refer back to these in your analysis of the scenario and in defending your financial recommendations.

Answer 1

JP Morgan is a financial holding company. The company deals in four segments of financial products listed below:

a. Asset Management: This business is part of managing the assets of high net worth individuals.

b. Commercial Banking: This part of the business is involved in lending for commercial activities.

c. Consumer and Community Banking: This business segment is for retail banking, personal banking, and community accounts based banking services.

d. Corporate banking and investment: This segment focus on banking relationship with corporates for their corporate finance as well as day to day financial transactions and investments managed by corporates.

Major Strategic Objectives:

The core business strategy of JP Morgan is to focus on initiatives that are cross-functional or aligned with functions. Cross functions strategy forms the part of the corporate strategy. There are different strategic teams deployed with each of the business segments listed above.

The major strategic objectives of JP Morgan is as below:

1. Development of growth strategy: First and foremost strategic objective is to remain on a growth trajectory and increase the overall profit. Improvement in controls measures, operations, and in turn increasing the bottom line are part of this strategy.

2. Market entry assessment and planning: A careful planning for any new market entry is very critical for JP Morgan, assessment of business value generation opportunities and alignment of resources are part of this strategic objective.

3. Management of cross-business initiative: Cross business initiatives like Integrated payment strategy and other operations which are cross-business spread. The strategic objective is to manage that business in a profitable way and leveraging cross-business profit sharing and resource utilization.