After Me, the Flood: Exec Succession Planning

Jamie Dimon recently announced that he plans to step down from his role as CEO of JPMorgan within the next five years. In this episode, Michelle and Dev dive into Dimon's retirement plans, the implications for JPMorgan, and how future-focused leaders can prepare for their own succession. This conversation is packed with insights on leadership transitions, the challenges of succession planning in an era marked by boomerang CEOs, and what it means to prepare the next generation of leaders...a duck out of water? Not so bad.  

For more insights on wisdom in leadership, visit: https://www.jumpassociates.com/why-leadership-is-in-crisis-when-we-need-it-the-most/

#successionplanning #jamiedimon #jpmorgan #boomerangCEOs #leadership #succession

Chapters

3:45 Why Succession Planning is Challenging

10:37 Developing Your Leaders

25:55 Rising Expectations for Moral Leadership

34:22 Headlines of the Future
Headlines of the Future

1. South Korean scientists found a way to use sound waves to help neurons form new, functional connections. https://www.freethink.com/health/ultrasound-brain-stimulation
2. The rise of generative AI could wash out thousands of languages that lack sufficient text with which to train AI models. https://www.theatlantic.com/technology/archive/2024/04/generative-ai-low-resource-languages/678042/ 
3. Psychedelics are finally entering clinical trials to treat chronic pain, and not just mental health conditions. https://www.vox.com/future-perfect/2024/5/15/24156372/psychedelics-chronic-pain-cluster-headache-medicine-lsd-psilocybin

 

Links

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The Jump Podcast

The Jump Podcast features Dev Patnaik in dialogue with Michelle Loret de Mola. This is the conversation for future-focused leaders thinking about strategy, culture and leadership. The world is crazy. Everything seems to be changing, and not always in a good way. Today, business leaders are struggling to figure out avoid becoming the next Kodak, Blackberry or Blockbuster. But fear not, dear listener. Things can get better. People can do better. And the world can be better.

 

Jump Associates

Jump is the world’s leading independent strategy and innovation firm. We work with the world’s most admired companies on their most important growth challenges. Using a future focused approach to strategy, we’ve helped these firms to grow their businesses in times of change.