IntroductionThe banking sector is under pressure in the current economic climate. Banks have gone through big changes. There are opportunities, but there is also increasing competition. Being the bank of choice means transforming the concept of “good enough” into a unique value proposition. And that means changing the way people have always done things, change at this level requires cutting-edge technology. Change cannot be achieved with a simple directive or superficial adjustment, especially in the banking sector. It requires an innovative rethinking of the entire system, in a strong partnership between banking leaders and their change agents. New systems and policies must support the strategy for it to be successful. The true test of a good strategy implementation plan is whether people understand the strategy, are motivated and capable of implementing it, and actually begin to achieve its objectives. InnovationJPMorgan Chase is one of the largest and best-known banks in the banking industry. JP Morgan Chase is a global financial services company with operations in more than 50 countries. With a CEO known as one of the top leaders in the banking industry, it is obvious why they are in the top 10 of the Fortune 500. Although JP Morgan Chase bank is one of the leaders in the industry, I believe they are very far from being the bank most innovative around. Banks can be one of the most targeted places for robberies, which is why I find it important that they protect their customers and themselves. Using computerized bankers would be a good start for security within their branches. Money should not be kept on the floor of any bank to avoid unnecessary situations. For Chase Bank, the mission and vision should always be clear to its customers. "A JPMorgan Ch...... half of the document ...... nomination for such improvement. References" Fortune 500." CNN Money. CNN. Web. April 13, 2014. .Federal Deposit Insurance Corporation. ( n.d. ) Retrieved from http://www.fdic.gov/bank/Staff (n.d.). Industry Handbook: The Banking Industry. p.morgan. (2014) Retrieved from Jp Morgan (n.d.). //www.jpmorganchase.com/corporate/Corporate-Responsibility/technology-for-social-good-programs.htmKetchen, D. & Short, J. (2011 Mastering the Knowledge of the Flat World of Finance (2014). Retrieved from http://finance.yahoo.com
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