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Jp Morgan Chase Situational Leadership

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Between all of those leaders, every individual has their own unique approach to their way of leading. Leaders have to first understand their personnel and what is most important to each one of them. There is an old saying that says to treat others the way that you would like to be treated. I actually had a manger that said to treat others the way that they would like to be treated. This logic actually made more sense to me because every individual is different and may not want to be treated the same way that I am.

Situational Leadership Theory

I believe that the situational leadership theory is utilized the most at JP Morgan chase. The situational leadership theory is where leaders primarily examine change, and adjust to the particular …show more content…
For permanent residents that are interested in opening a new account, they would have to provide their green card as a primary ID in order to proceed with the account opening. For those who are non-US citizens and are not permanent residents, they must provide their passport from their country and the secondary ID must have a US residential address that matches the address on file. This was alarming for many clients because in the past we were able to open accounts with foreign IDs and international addresses. Management was again faced with a situation in which it required them to adapt to a policy change. This required a lot of training and role-playing to ensure that we would get it right one hundred percent of the time. If the account was open incorrectly then the banker had 20 days to get it resolved. If it was not resolved in time then the account would be restricted and eventually …show more content…
It is very important to not only have a leader that can easily adapt, but it is just as important to have employees that are receptive to that leader.

The effectiveness of transformational and transactional leadership

In transactional leadership, leaders execute more mundane but indispensible leadership and organizational duties. Transactional leaders strategize, schedule, regulate, and work with followers on specified tasks. They also focus on managing stable, and valuable performances from their employees to reach company goals and objectives. The employees that are excelling and executing at a high level are rewarded for their performance. (Sims, 2005)

Transformational leadership is where a leader pursues to alter and involve employees and the company by generating a captivating concept, strategy, and philosophy. By being observant to employees’ desires and recognizing the desired change, a transformational leader encourages employees to accomplish the potential of themselves and the company. (Weiss,

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