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Strategic Management and Policy

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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.

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

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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 ...

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  • MBA (IP), International Center for Internationa Business
  • BBA, University of Rajasthan
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