--- title: "Meaning & Key Takeaway of: having a strong balance sheet, making…" description: "\"“having a strong balance sheet, making sure the right leaders are in place, and keeping costs in line as some of Dimon’s other management qualities.”\" ..." image: "https://sms4smile.com/quotes/i/274/patricia-crisafulli-26108_leadership_having-a-strong-balance-sheet-making-sur_2214643.jpg" --- # having a strong balance sheet, making sure the right… ![“having a strong balance sheet, making sure the right leaders are in place, and keeping costs in line as some of Dimon’s other management qualities.” quote by Patricia Crisafulli](https://sms4smile.com/quotes/i/274/patricia-crisafulli-26108_leadership_having-a-strong-balance-sheet-making-sur_2214643.jpg) [Download](https://sms4smile.com/quotes/i/274/patricia-crisafulli-26108_leadership_having-a-strong-balance-sheet-making-sur_2214643.jpg) [Open image](https://sms4smile.com/quotes/i/274/patricia-crisafulli-26108_leadership_having-a-strong-balance-sheet-making-sur_2214643.jpg) > ““having a strong balance sheet, making sure the right leaders are in place, and keeping costs in line as some of Dimon’s other management qualities.”” [Patricia Crisafulli](https://sms4smile.com/quotes/author/patricia-crisafulli/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Strong balance sheets, effective leaders, and cost control are key management traits. **In simple terms:** Good finances, leaders, and cost control matter. Key Takeaway Focus on financial health and leadership. Themes leadership finance cost management Mood analytical pragmatic Type advice business When to use this quote - business growth - risk management - operational efficiency Key Concepts corporate governance strategic planning Questions to Reflect On - How do you ensure leaders align with financial goals? - What cost controls can you implement now? A Different Perspective Neglecting culture can undermine these traits. ★ ★ ★ ★ ★ No ratings yet [Balance Sheet](https://sms4smile.com/quotes/about/balance-sheet-359532/) [Dimon Management](https://sms4smile.com/quotes/about/dimon-management-4918554/) [Leadership](https://sms4smile.com/quotes/about/leadership/) [Line Dimon](https://sms4smile.com/quotes/about/line-dimon-4918556/) [Management](https://sms4smile.com/quotes/about/management/) [Management Qualities](https://sms4smile.com/quotes/about/management-qualities-4918555/) [Strong Balance](https://sms4smile.com/quotes/about/strong-balance-4841721/) ## Related quotes > [Keep a strong balance sheet, don't get over-leveraged, and try to protect the security of your employees.](https://sms4smile.com/quotes/steve-wynn/keep-a-strong-balance-sheet-don-t-get-over-leveraged-and-try-to/) [Steve Wynn](https://sms4smile.com/quotes/author/steve-wynn/) > [In early 2008, before the criminal greed of America's mortgage and investment bank industry nearly destroyed the world's economy, the balance sheet of the…](https://sms4smile.com/quotes/neil-macdonald/in-early-2008-before-the-criminal-greed-of-america-s-mortgage-and/) [Neil Macdonald](https://sms4smile.com/quotes/author/neil-macdonald/) > [One of the problems with hedge funds is that they are changing so rapidly. 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There is a loss for the one…](https://sms4smile.com/quotes/dada-bhagwan/what-is-the-balance-sheet-of-the-worldly-life-is-it-a-profit-or-is-it/) [Dada Bhagwan](https://sms4smile.com/quotes/author/dada-bhagwan/) > [“To balance the balance sheet of life, concentrate on your assets of positivity while managing your liabilities of negativities.”](https://sms4smile.com/quotes/vikrmn-ca-vikram-verma/to-balance-the-balance-sheet-of-life-concentrate-on-your-assets-of/) [Vikrmn: CA Vikram Verma](https://sms4smile.com/quotes/author/vikrmn-ca-vikram-verma/) > [A work of art expresses itself as a balance sheet pitting the spoken against the unspoken.](https://sms4smile.com/quotes/russell-sherman/a-work-of-art-expresses-itself-as-a-balance-sheet-pitting-the-spoken/) [Russell Sherman](https://sms4smile.com/quotes/author/russell-sherman/) > [“She had not made a lot of money, but she had not made a loss, and she had been happy and entertained. That counted…](https://sms4smile.com/quotes/alexander-mccall-smith/she-had-not-made-a-lot-of-money-but-she-had-not-made-a-loss-and-she/) [Alexander McCall Smith](https://sms4smile.com/quotes/author/alexander-mccall-smith/) ## More by Patricia Crisafulli > [“From his office on the 48th floor, Dimon makes the rounds every day to committee members who are in New York, stopping by for…](https://sms4smile.com/quotes/patricia-crisafulli/from-his-office-on-the-48th-floor-dimon-makes-the-rounds-every-day-to/) [Patricia Crisafulli](https://sms4smile.com/quotes/author/patricia-crisafulli/) > [“Three of his greatest characteristics are he’s really smart, he has tremendous energy, and he’ll get into the details with anybody on anything. Most…](https://sms4smile.com/quotes/patricia-crisafulli/three-of-his-greatest-characteristics-are-he-s-really-smart-he-has/) [Patricia Crisafulli](https://sms4smile.com/quotes/author/patricia-crisafulli/) > [“the first thing is that a leader needs to be able to assemble and have a disciplined team. That discipline supports the whole team.…](https://sms4smile.com/quotes/patricia-crisafulli/the-first-thing-is-that-a-leader-needs-to-be-able-to-assemble-and/) [Patricia Crisafulli](https://sms4smile.com/quotes/author/patricia-crisafulli/) > [“When information doesn’t flow, bureaucracy builds and departments become siloed. Stagnation is the inevitable result. “Bigger companies are always slowing down. 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Whether it’s going to be a pleasant or unpleasant surprise, you try to…](https://sms4smile.com/quotes/patricia-crisafulli/you-really-try-to-evaluate-the-risks-and-provide-for-them-whether-it/) [Patricia Crisafulli](https://sms4smile.com/quotes/author/patricia-crisafulli/) > [“Dimon is known for bringing his brand of discipline and accountability to JPMorgan Chase,”](https://sms4smile.com/quotes/patricia-crisafulli/dimon-is-known-for-bringing-his-brand-of-discipline-and/) [Patricia Crisafulli](https://sms4smile.com/quotes/author/patricia-crisafulli/) > [“The escalation of home prices that had allowed refinancing to pay off more debt had stopped. 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So it’s the preparation beforehand: capital, reporting, and liquidity,” Dimon added.”](https://sms4smile.com/quotes/patricia-crisafulli/i-always-said-capital-and-conservative-accounting-are-protection-so/) [Patricia Crisafulli](https://sms4smile.com/quotes/author/patricia-crisafulli/) > [“Businesses make lots of mistakes, so part of the point of business is to analyze them, to correct them, to have some sense of…](https://sms4smile.com/quotes/patricia-crisafulli/businesses-make-lots-of-mistakes-so-part-of-the-point-of-business-is/) [Patricia Crisafulli](https://sms4smile.com/quotes/author/patricia-crisafulli/) [Explore all 22 Patricia Crisafulli quotes ](https://sms4smile.com/quotes/author/patricia-crisafulli/) ## More Leadership quotes > [“If you want to build a ship, don’t drum up the men to gather wood, divide the work, and give orders. 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And America looks to its Corps of Marines.](https://sms4smile.com/quotes/ronald-reagan/today-the-world-looks-to-america-for-leadership-and-america-looks-to/) [Ronald Reagan](https://sms4smile.com/quotes/author/ronald-reagan/) > [“Under the treaty of Sevres in 1920 Greece had been given Smyrna, and by 1922 the Greek army was trying to push its way…](https://sms4smile.com/quotes/sebastian-faulks/under-the-treaty-of-sevres-in-1920-greece-had-been-given-smyrna-and/) [Sebastian Faulks](https://sms4smile.com/quotes/author/sebastian-faulks/) > [“If you're focused, you can't get bored.”](https://sms4smile.com/quotes/alin-sav/if-you-re-focused-you-can-t-get-bored/) [Alin Sav](https://sms4smile.com/quotes/author/alin-sav/) > [Some people you speak to you speak into their heads. 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