JPMorgan Chase's Gill Haus Discusses 'Best Of Both Worlds' Strategy, Future Of Banking
Portfolio Pulse from Renato Capelj
JPMorgan Chase & Co. (NYSE:JPM) is transitioning to a product-operating model to compete with smaller, agile financial services providers. The company has undergone a significant transformation, reshaping its organizational structure around products. The new model allows for swift decision-making and efficient cross-team communication. The company is also focusing on automation testing and leveraging customer data to offer personalized experiences. The company's Chief Information Officer of Consumer and Community Banking, Gill Haus, believes this approach will lead to the launch of new products and innovations in 2024.
October 05, 2023 | 3:23 pm
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JPMorgan Chase's transition to a product-operating model and focus on customer personalization could lead to the launch of new products and innovations, potentially impacting the company's stock positively.
The transition to a product-operating model allows JPMorgan Chase to compete with smaller, agile financial services providers. This could lead to the launch of new products and innovations, potentially attracting more customers and increasing revenues. This could have a positive impact on the company's stock.
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