Jamie Dimon says the best teams work like Navy SEALs, not sprawling ‘flat’ corporations

3 weeks ago 4


Corporate America has entered the era of the megamanager. For years now, employers have assigned more and more workers per boss in an effort to minimize the cost of managers and accelerate decision-making. 

But there’s one titan of industry bucking that trend: JPMorgan Chase CEO Jamie Dimon. In his letter to shareholders, published Monday, the investment bank’s longtime chief executive praised the agility and ownership of small teams in military terms. “The teams needed to tackle [specific problems] should be small and authorized with the decision-making ability to move and act like Navy SEALs or the Army’s Delta Force,” he wrote. “This is trench warfare; it’s about fighting for every inch, moving quickly, and getting things done.”

There’s some basis for the comparison with special forces operations: The SEALs are known to work in squads of eight or fewer, for example. And in the business world, organizing workers into smaller teams can ensure that everyone has a stake in the outcome, Dimon argued. 

In a team with too many members, accountability is spread too thin, he wrote: “Very often when a management team wants to accomplish something new … everyone on the team says, ‘We’ll get it done,...

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