Organizational Behavior Comparison Between JPMorgan and Morgan Stanley

This team role person has to be challenging and also dynamic at the same time. At all times the team member thrives on pressure, these are the skills required to overcome obstacles. In TESCO this team member would be the design team instructing how to overcome these obstacles. But this team

The coercive style can be summed up in three words: "Just do it!" While this approach has its uses, research has repeatedly shown that the coercive style is best used as part of a balanced blend of at least five other leadership styles: "visionary" or "authoritative," "affiliative," "democratic," "pacesetting" and

Teams consist of personnel with varied backgrounds, experience, education, and intellectual ability. These differences will, by nature lend themselves to varying perceptions in business, its problems and solutions, which result in

Question 1. How well do you think the governance system of JPMorgan Chase is working in protecting shareholder interests?

In spite of this abhorrent cupidity, JPMorgan Chase & Co stands firm in their moral values. In their renowned philanthropy, professed conservative ideologies, and intellectual prowess, Chase

Furthermore Wells Fargo refers to their employees as team members and describe their reasoning thusly “We say ‘team members,’ not ‘employees,’ because our people are resources to be invested in, not expenses to be managed — and because teamwork is essential to our success in helping customers.” (Vision and Values - Wells Fargo). Similarly, Wells Fargo explains how they treat their employees to build a positive work environment, however, from the reading we know that not every group of people is a team. Consequently, how Wells Fargo achieves the camaraderie that creates a team is defined nebulously at best.

"At JPMorgan Chase, we want to be the best financial services company in the world. Because of our great heritage and excellent platform, we believe this is within our reach."

Performance evaluations are important parts of all employees and managers tools to ensure positive actions are rewarded while negative actions can be evaluated and fixed to decrease problems in the future. Performance evaluations benefit supervisors and employees by identifying how to bring out the employees best attributes for the company (Hamlett, nd.). Evaluations provide a look at how a worker is doing compared to earlier reviews of their skill, knowledge, initiative and participation in the company’s vision (Hamlett, nd.). Introducing performance review evaluations is important to most organization for the success of their organization and the advancement of its employees. Performance evaluations provide a way for managers and supervisors to manage the performance of an organization and the people who make of the human resources of the organization (McCarroll, nd.). When implementing a new system it is important to understand the process must be realistic, challenging, yet attainable for performance expectations and standards to be successful for employees and the organization (McCarroll, nd.). Balanced scorecards are utilized in performance evaluations to essentially provide a way for organizations to align their strategic plans with day to day operations (Balanced Scorecard Institute, 2015). Balanced scorecards look at traditional financial measures, which are past events and long-term investments like

Movies often depict a glimpse into the inner workings of organizations which are complex and fascinating entities that consist of a group of people, who work together. Analyzing how the characters, as individuals and groups, interact with one another allows for an understanding of “how people think, feel and act” within an organization, also referred to as the study of organizational behaviour. The movie The Devil Wears Prada, set at Runway fashion magazine in New York City, is the story of Andrea "Andy" Sachs, an aspiring journalist who gets the job that “a million girls would kill for”. She is hired as the second assistant to Miranda Priestly, the powerful and ruthless executive of the magazine. The job is her stepping stone into the

Morgan Stanley is a global financial business firm serving a diversified group of corporations, governments, financial institutions, and individuals in 36 countries around the world, and sets its headquarter in New York City. The main areas of business for the firm today are Global Wealth Management, Institutional Securities and Investment Management. Morgan Stanley settled its Asia Pacific headquarters in Hong Kong in 1987 and its main business helps shape global views on China and the Asia Pacific region. The Morgan Stanley of Hong Kong provides services to clients in investment banking, real estate, private equity, equity and securities trading, derivatives, prime brokerage, private wealth management and investment

He relates this with an organization because a company needs to focus to whom they are paying, not how. His suggestion is to analyze a person’s characteristic, work ethic, intelligence, and dedication before deeply analyzing practical skills. Collins believe that companies focus too much on what to do and his recommendation is for companies to concentrate on what to do, what not do, and what to stop doing.

A team player must have a tremendous personality to be successful. A tremendous personality includes being friendly, tactful, and diplomatic. A friendly personality is good to help keep the other players in harmony. It is imperative to have a friendly personality so others will

The Competitive Profile Matrix indicates that JPMorgan Chase has the highest weighted score of 2.81 which is an indication that they are leading in the Banking industry over Bank of America with a score of 2.65 and Wells Fargo in third place with a score of 2.51. None of the three banking institutions fell below the average of 2.5 which is considered a weak position. Some of the contributing factors are as follows: On Financial Strength in 2015 JP Morgan Chase had assets of 2.39 trillion dollars, and Bank of America’s assets was at 2.17 trillion dollars, while Wells Fargo trailed with assets of 1.44 trillion dollars. On Technology initiatives, in addition to the large amounts of resources assigned to banking technology, JP Morgan Chase has a technology budget of 500 million dollars for Cyber Security; Bank of America invested 400 million, while Wells Fargo spent 250 million on Cyber Security.

Morgan Stanley has earned a worldwide reputation for excellence in financial advice and market execution. Today, Morgan Stanley is employing over 51,000 members in about 27 countries connect people, ideas and capital to help their clients reach their financial needs and future goals. (http://www.morganstanley.com). Ever since the year 1997, Morgan Stanley has joined forces with two respected organizations. Morgan Stanley, which was established in New York in 1935 combined with Dean Witter, which was as big and well-known as Morgan Stanley. Dean Witter was established in 1924 in San Francisco. Due to the fact that they have become more powerful by combining each other’s advantages in the

To fully discuss this topic, we must start with a simple definition of a team. Jon Katzenbach and Douglas Smith define a team in their best-selling book The Wisdom of Teams (Harper Business Essentials 1994), as