Reputation chutzpah

May 23, 2013

Reputation chutzpah

imagesCA3Y58NZI thought this was one of the stranger things I have seen. A reputation specialist JW Maxx Solutions issued a press release with this headline and with the text below. Talk about trying to sell your services on the good (or bad) fortune of another (Jamie Dimon of JPMorgan). I was trying to think what category this fits into on my blog (see categories to the right). I think the only one I can think of is a new one — reputation chutzpah. Just thought I’d share here.

Reputation Specialist JW Maxx Solutions Honors JP Morgan CEO Jamie Dimon

Reputation specialist JW Maxx Solutions salutes Jamie Dimon for maintaining a sterling reputation as a banker and boss at JPMorgan. Dimon not only kept Chase profitable throughout the financial crisis of 2008 as banks around him crumbled, but most recently, shareholders voted to allow him to retain two pivotal leadership roles at Chase: CEO and chairman.

The vote, held on Tuesday, spoke to Dimon’s efficacy and success as a leader and decision-maker. Only 32 percent of shareholders voted to oust him.

Dimon, 57, helped JPMorgan achieve record profits over the last three years while many competitors struggled just to stay afloat. This reputation specialist of a manager is not without his critics, however. “His political capital has been diminished,” says Mark Williams, a former bank examiner. “Dimon portrayed himself as the responsible banker through the financial storm, but we’ve learned that he is no better than all the other risk-taking bankers.”

With the entire financial industry demonized after the most recent meltdown, “bank” has largely become a four-letter word. But through it all, Dimon’s characteristic successes and trademark popularity have helped him remain steadfastly at the top of his industry. “I have tremendous respect for someone who so aggressively maintains his stature against all odds,” says Walter Halicki, founder and CEO of JW Maxx Solutions. “Many people make poor decisions and lack the discretion to understand that their reputations stay with them forever. There’s no foresight. Jamie Dimon understands the cause-and-effect balance of being in the media spotlight, especially in such a volatile time.”

Within days of the shareholders’ vote, shares of JPMorgan Chase steadily inched up 2.1 percent, finally ending up at $53.38.

Reputation specialist JW Maxx Solutions is acclaimed for its reputation repair and reputation management services. Operating throughout the country and across the globe, JW Maxx Solutions has come to the aid of companies in virtually every industry, from cutting edge technology firms to tropical resorts, helping them maintain and control they way they are perceived online among the world’s most trafficked search engines.

Reputation specialist JW Maxx Solutions can be contacted at:

Phone: (602) 953 — 7798

11811 N Tatum Blvd, Suite 3031

Phoenix, AZ 85028

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Leslie Gaines-Ross
Leslie Gaines-Ross

As Weber Shandwick’s Chief Reputation Strategist, I focus on the ever changing world of reputation. For the past 25 years, I have relentlessly observed, researched and commented on the rise and fall of corporate and CEO reputations.

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