finance
JPMorgan CEO Dimon Calls for Clear Leadership and Outcomes in Corporate Meetings
JPMorgan Chase CEO Jamie Dimon highlighted common pitfalls in meetings during a conference in Oslo, emphasizing the need for defined leadership and actionable next steps. Surveys show widespread dissatisfaction with meeting effectiveness and volume. Other executives, including from Southwest Airlines and Instagram, are implementing strategies to reduce meeting overload.
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JPMorgan Chase CEO Jamie Dimon addressed inefficiencies in corporate meetings at Norges Bank Investment Management’s conference in Oslo this week, stating that unclear leadership undermines their purpose. “When you have a meeting, people often don’t know who’s running it—that’s a mistake,” Dimon said.
A survey of 5,000 workers by Atlassian found that meetings are considered ineffective 72% of the time.
The same survey revealed that 78% of respondents said the volume of meetings makes it difficult to complete their work on time. @FortuneMagazine reported these findings amid growing concerns over meeting proliferation fueled by tools like Zoom. Dimon, who is 70 years old, has long advocated for focused participation in meetings.
Dimon also expressed intolerance for distractions, saying, “If you have an iPad in front of me and it looks like you’re reading your email or getting notifications, I tell you to close the damn thing. 17 billion estimate and up 10% year-over-year. Other executives share similar frustrations.
To address this, Jordan set a goal this year to keep his calendar clear every Wednesday, Thursday, and Friday afternoon for dedicated work time. Meanwhile, Instagram head Adam Mosseri issued a staff memo requiring every meeting to have a clear objective. Instagram plans to conduct twice-yearly audits to keep its meeting load in check.
@FortuneMagazine reported these initiatives as part of a broader backlash against meeting overload in companies. The Fortune Workplace Innovation Summit will occur May 19–20 in Atlanta, where leaders will discuss workforce strategies.
