Business Quote by Jamie Dimon
“We use technology to make it cheaper, better, and faster for the client. And then if you have the most flow, you can win. Now, having said that, Silicon Valley wants to take on this business. They think they see an opening.”
About This Quote
Source Speech: Financial Outlook, 2021
Technology should reduce costs and improve quality for clients, but competition may arise from new entrants.
In simple terms: Tech cuts cost, raises quality.
Key Takeaway
Leverage tech wisely.
Themes
business strategy
technology
competition
Mood
strategic
pragmatic
Type
business
advice
When to use this quote
- client services
- product development
- industry analysis
- null
Key Concepts
cost efficiency
market disruption
Questions to Reflect On
- How do you balance innovation with risk?
- When should you prioritize client needs over profit?
A Different Perspective
Tech adoption can be costly and risky.
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