Training Process Model

Training Process Model Name Institution Page Break Training Process Model Overview Of The Organization (JP Morgan Chase Bank) The organization is a US-based multinational entity specialized in the provision of a wide range of investment banking services as well as other financial services to a vast number of clients in different areas of the world. With its head offices based in New York City, US, JPMorgan Chase is ranked as the most extensive banking institution in the country. In the global arena, the bank ranks sixth in size; with an asset base valued at approximately $2.5 trillion. Currently, the CEO of JPMorgan Chase is Jamie Dimon; who assumed the position in 2005 (JP Morgan Chase & Co., 2018). History of the multinational dates back to more than 200 years ago when its foundation was laid when various institutions merged to form the banking establishment that would eventually grow to a global business leader in the sector. Among the founding member institutions of the bank were The Chase Manhattan Bank, Robert Fleming Holdings, The First National Bank of Chicago, and Bank One among others. Its eventual success was stimulated by the constituent members’ commitment to financial innovations and the fast growth of the US and other world’s economies (JPC & Co., 2019). JPMorgan specializes in the provision of a wide range of services to both individual and corporate clients; both in the US and internationally. It operates under the Chase and J.P. Morgan brands. The first brand is aimed at meeting the banking needs of individual and commercial clients in the US while the latter is focused on serving the global corporation, governments, rich people, and institutional investors (JPC & Co., 2019). Services offered include asset management, private banking, wealth management, brokerage, investment, and middle market banking, among others. JP Morgan Chase & Co. operates a dynamic recruitment portfolio that appreciates and welcomes minds from different backgrounds to serve in different capacities. The company offers a supportive and appreciative working environment aimed at motivating and enabling its employees to achieve their dreams while contributing positively to the ability of the organization to achieve its strategic goals and objectives. The organization’s working culture is centered on the need for continuous development through training and creativity of the employees serving in different positions (JPC & Co., 2019). By the close of 2018, the company’s operations were driven by a dynamic employee base of more than 22,000 people earning between $15 - $18 per hour; on average (JP Morgan Chase & Co., 2018). The organization's success in recent years can be attributed to its outstanding leadership and commitment to the pursuit of its primary principles and strategies. The first principle of JP Morgan Chase is customer centrism. Rather than focusing on competition, the entity is continuously focused on executing a defensive and offensive strategy that aims at offering better, faster, and efficient services to its customers. As such,...

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