Jamie Dimon, CEO of JPMorgan, dedicates significant focus in his annual letter to eliminating ineffective meetings in corporate settings. He emphasizes the necessity for meetings to have clear purposes, start and end on time, and limit unnecessary attendees. Dimon critiques the common practice of distractions during meetings, such as checking phones, which he deems disrespectful. He also urges managers to communicate plainly, avoiding jargon, to enhance clarity and productivity. His comments reflect a broader commentary on corporate efficiency and respect for employees' time.
"Kill meetings," the JPMorgan chair wrote. "But when they do happen, they have to start on time and end on time - and someone's got to lead them."
"There should also be a purpose to every meeting and always a follow-up list," the CEO advised. "Sometimes we think we're just being nice by inviting people to a meeting who don't have to be there."
"I see people in meetings all the time who are getting notifications and personal texts or who are reading emails," Dimon wrote. "This has to stop. It's disrespectful. It wastes time."
"Avoid management pablum," Dimon said. "It's a pet peeve of mine. Talk like you speak - get rid of the jargon."
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