By | DAN BOVA | www.entrepreneur.com
During JPMorgan Chase’s 2023 Investor Day yesterday, Chairman and CEO Jamie Dimon was asked what he thought were the important characteristics of who would eventually replace him. Dimon, who perhaps has been glued to HBO’s “Succession” like the rest of us, seems to have had a little Logan Roy rub off on him and answered rather bluntly: “I think the most important traits [are] that you’re trusted and respected by people, that you work your a– off, that you give a s–t, that you know you don’t know everything.”
Dimon went on to discuss what he says are keys to great leadership, signaling out curiosity, courage, and grit. “That you’re willing to change direction, you’re willing to go in front of your shareholders and say, ‘We screwed up, we made a mistake, we were wrong about that,'” he explained.
These are the kinds of attributes that we can all aspire to, but in Dimon’s words, they are not things that can be learned or taught. “[I]f you don’t have grit, you don’t have it. [If] you don’t have courage, you don’t have it,” he said.