Purchase Solution

Strategic Management and Policy

Not what you're looking for?

Ask Custom Question

Research the JP Morgan Chase website. After reviewing of all the documents you can find on the web and in libraries, write a 3-page response to the following questions:
1.What is the most important problem facing JP Morgan Chase company?
2.What recommendation(s) would you make to JP Morgan Chase and in what order of priorities?
3.How do you balance between your commitment to shareholders and your commitment to the community?

Explain the strategic management process within the global environment.
Identify challenges in strategy implementation.
Use effective communication techniques.

DB 2-3 paragraphs

Explain the Strategic Management process. Include the different aspects of the Strategic Management process. Superior posts will include examples from industry.

Any Insight for this assignment is always greatly appreciated, your knowledge is valued and appreciated, thank you.

Purchase this Solution
Solution Summary

The response addresses the queries posted in 1297 words with references.

Solution Preview

Individual Project:

The response addresses the queries posted in 1297 words with references.

//In this paper we will deal about the JP Morgan Chase Company. In this, we will discuss its problems, recommendations and balance between the commitment of shareholders and commitment to the community. We will also discuss about the strategic management process within the global environment, challenges when strategy is implemented and techniques of effective communication.//

JP Morgan Chase & Co. Is a leading global financial service in US. It is a leader in investment banking, small business and commercial banking, financial services for consumers, financial transaction processing, asset management and private equity. Its services are consumed by millions of people in US and others. JP Morgan Chase faces the problem of Mortgage. Company faces major loses in its mortgage prime portfolio. It faces heavy losses in the operations of mortgage in retail and consumer lending division, as credit cost accelerates suddenly to $3.8 billion from million.

Non performing prime mortgage continues to accelerate in billion from million. Non performing loans are also rising up heavily and it is also facing losses in home equity loans, as the net charges off in the home equity portfolio (Jackson, 2009).

Company still faces downfall, as home equity continues to face decline as the product is shied away form the bank. The above problem which the company is facing is due to sub prime issue I. E. The bursting of the housing bubble. It also faces problems due to mortgage brokers and insurers who are unaware of growing one sided credit insurance and derivatives by some companies. Company also faces problem in the derivative market which includes hedge funds, private equity, etc. It occurs due to excessive leverage by the customers (Jackson, 2009).

//In this paper we will discuss about the recommendations of the problems faced by JP Morgan Chase and their priorities.//

JP Morgan Chase is suffering form mortgage problem as homeowners are not able to pay the mortgage payments. So, bank should follow some strategy so that home owners, who are facing this issue, can overcome this problem. Problems lead to changes in the business operations, so that these issues would be never faced by the bank again. They are:

Ø Company mortgage issue is very crucial issue. So company has give first priority to overcome from this problem. Bank should be more diligent at the time of negotiating and structuring letter to fund money to the people at the time of lending.

Ø Company should enhance the mortgage loan underwriting standards to reduce the loan to value ratios. The company face losses in those mortgages which are not originated by their company, therefore, company should close down all businesses which are done by the mortgage brokers.

Ø Company also helps the homeowners to meet their mortgage problems by implementing the mortgage loan modification. In this, best action should be taken by the home owners and mortgage holder and this helps to save their home from auction. The company should do it in a more refined way which helps the homeowners and mortgage holder (Witts, 2010).

Ø Company has opened many ...

Solution provided by:
Ashish Sharma, MBA (IP)
Education
  • MBA (IP), International Center for Internationa Business
  • BBA, University of Rajasthan
Recent Feedback
  • "Thank You so much! "
  • "Always provide great help, I highly recommend Mr. Sharma over others, thanks again. "
  • "great job. I will need another help from you. "
  • "first class!"
  • "Thank you for your great notes. Will you be willing to help me with one more assignment? "
Purchase this Solution
Free BrainMass Quizzes
Balance Sheet

The Fundamental Classified Balance Sheet. What to know to make it easy.

Paradigms and Frameworks of Management Research

This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.

Learning Lean

This quiz will help you understand the basic concepts of Lean.

Accounting: Statement of Cash flows

This quiz tests your knowledge of the components of the statements of cash flows and the methods used to determine cash flows.

Understanding the Accounting Equation

These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.

View More Free Quizzes
Related BrainMass Solutions

  • Strategic Management vs Health Policy Planning

    320885 Strategic Management differs from health policy planning. Each method will be described and analyzed. Strategic management is organization specific and has a specific plan for the organization.

  • Strategic Management and Health Policy

    600841 Strategic Management and Health Policy How is strategic management different from health policy? Explain and illustrate the possible benefits of strategic management.

  • Corproate Public Policy

    Strategic management gives the goals and objectives of a company and corporate public policy ensures that these goals and objectives are properly represented.

  • Strategic Management and Business Policy

    /what-is-the-strategic-management-process.htm This posting gives you an in-depth insight into Strategic Management and Business Policy

  • Business Policy

    133070 Business Policy and Strategic Planning Why does the employment of a large number of people who consider themselves to be professionals complicate the strategic management process? How can it also occur in profit-making firms?

  • Strategic Alternatives and Recommended Strategy

    Evaluation and Control Read Case 14, 'Reebok International, Ltd. (2002)." pages 14-1 through 14-42 in your text (Strategic Management and Business Policy) 10th edition Thomas L. Wheelen and J. David Hunger.

  • Policy Development: Nature, Outcomes, Implementation

    ICAI, 2005, Organization and Management, Published at Noida 2. Kazmi A., 2002, Business Policy and Strategic Management, 2nd Edition, New Delhi, Tata McGraw Publishing Company Limited. 1417 words, APA

  • Relevance of the resource-based view of the firm to strategy

    57770 Strategic Management and Business Policy What is the relevance of the resource-based view of the firm to strategic management in a global environment?

  • Top-Down vs. Bottom-Up in Strategic Management

    Bottom-Up in Strategic Management Do you believe strategic management should be more a top-down or bottom-up process in a firm? Strategic management should be top-down in many areas, such as policy administration and staffing issues.

  • Key concepts of Management Policy and Strategy

    Important key concepts and topics of "Management Policy and Strategy," may include: 1)Understanding the essential elements of the strategic management process and discussing the question of what an emergent strategy is?

View More Related Solutions