Yearly Archives: 2024

On April 23, I attended the Economic Club of NY and listened to JPMorgan Chase CEO, #JamieDimon discuss economic issues in the U.S. economy for 2024. He was interviewed by #MarieJoseeKravis, chair emerita of the #EconomicClubofNew York. Here is a short summary of his remarks.

In his comments he was bullish on a “robust” U.S. economy and mentioned the low unemployment and positive consumer financial environment, housing prices for owners, However, he pointed out the problems with increasing U.S. debt and concerns that inflation might endure longer than expected keeping interest rates higher. He mentioned concern over government spending. He pointed out threats to commodities markets and movement of people due to the continued conflicts in the Middle East and Ukraine.

Dimon observed, the U.S. government would benefit from more “practitioners.” He said he’d like to see the next president populate the cabinet with members of the other party. He promoted putting people with practical, business experience at the table, hopefully reducing political polarization. “I want the next president, whoever it is, to put the other party (members) in their cabinet. That is what I would like to see. I would like to see practitioners go back to the government.” He said he was “very excited” about the future.

His remarks and conversation were very well received. Personal ancedotes from my table mates who know him were very favorable. He is much admired.

For a more detailed commentary on the economic future read his annual report to JPMorgan shareholders:

https://reports.jpmorganchase.com/investor-relations/2023/ar-ceo-letters.htm

Creating Positive Corporate Culture to Reduce Workplace Bullying

Laura Persky, Ken Pinnock and I are very pleased to announce our research “Creating Positive Corporate Culture to Reduce Workplace Bullying” has been recognized at the 2024 NYIT Faculty Scholars Awards Program.

This research highlights the problem of workplace bullying and provides suggestions for organizational processes that might prevent it from occurring. The study explains why workplace bullying exists and how certain organizational structures, cultures, or leadership styles can contribute to and reinforce negative behavior. This study includes both qualitative primary and secondary research sources. It provides recommendations for creating a positive work environment by applying organizational virtuousness practices that may inhibit or mitigate negative behaviors. The findings offer diagnostic suggestions and proactive structural efforts that can help minimize the opportunity for bullying.

The paper is available in the Global Journal of Business Research, Vol. 17, No. 1, 2023, pp. 43-53.  https://bbd501.p3cdn1.secureserver.net/wp-content/uploads/2024/01/GJBR-V17N1-2023-4.pdf

For a diagnostic review of bullying in your organization contact walsh@birchtreeglobal.com.

“Managing Global Workforce Risks”

If you are concerned about managing global risk and want to make sure you haven’t overlooked a significant issue, then you won’t want to join this live webinar, “Managing Global Workforce Risks.” Join the @BPHR and @Birchtree Global teams at 12:00 PM EDT on March 6. 

This presentation details the three major categories of risk: Personnel, Security, and Information and describes what business and HR leaders can do to minimize negative risk outcomes.

Register in advance for this webinar:

https://us02web.zoom.us/webinar/register/WN_xEDTjya3RF-Bp-MCYkbrnQ

This webinar is eligible for recertification credits.