At the Morgan Stanley Financial Conference, JPMorgan Chase’s chief executive addressed the issue of corporate meetings, describing many as breeding grounds for internal politics and inefficiency. He argued that some meetings are specifically structured to impress senior leadership rather than address actual business challenges, urging a shift to genuine problem‑solving that targets core issues. In his remarks, the chief executive emphasised radical transparency in meeting conduct. He encouraged managers to openly present pressing operational problems instead of glossing over them, with the intention of fostering candid discussion about business challenges. He drew attention to examples of resource competition within teams, where individuals vie for credit on revenues and expenses, resulting in misallocation and dishonesty. The focus on individual performance was identified as detracting from collective business objectives. Highlighting internal practices, he referenced the small busine...