Why managers should ask to see more data

The single most revealing moment in the coverage of JPMorgan’s multibillion dollar debacle can be found in this take-your-breath-away passage from The Wall Street Journal:

On April 30, associates who were gathered in a conference room handed Mr. Dimon summaries and analyses of the losses. But there were no details about the trades themselves. "I want to see the positions!" he barked, throwing down the papers, according to attendees. "Now! I want to see everything!"

When Mr. Dimon saw the numbers, these people say, he couldn’t breathe.

Michael Schrage

Full Story: http://blogs.hbr.org/schrage/2012/05/if-youre-not-micromanaging-you.html

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Inteneo Systems- We let you drill down to the real data and help you breathe… http://www.inteneosystems.com [email protected] 406-531-8119