Goodmorning,
Here are my thoughts on one case of disruption and those of creating new levers to use in pursuit of your goals…
Wes Hall the man now synonymous with success particularly in the Canadian Bay Street sector of hi finance , but who is the man, really? Wes has been taking names, Bay Street, has horses in the stable, an architecturally significant yellow brick mansion in the exclusive Rosedale neighbourhood, a firm worth upwards of an estimated $500M, and a thriving philanthropic outfit. As a beacon of corporate showmanship, he’s since 2020 joined Dragons’ Den to invest in Canadian businesses at the middle market.
As the proprietor of one of our leading shareholder advisory firms in Canada his valour is to be tested to its fullest after JP Morgan and Jamie Dimon atop the firm challenge the model, through the use and implementation of a replacement to shareholder advisory with Ai.
As one myself- with a track record of working with national chains in the m & a and capital placement marketplace, my suggestion is to compare what JP M just took on as its next move to that of the other opportunities in the industry on the backs of his own expertise and information advantage… and those of the firm. Strategy after-all, is not a stable craft. It is though, one of constant change, evaluation and attack.
This move by JP M is sure to upend at least part of the business, but likely not with permanent effect unless in the non zero chance he stays the same, which would be none other than deserving of a downing of the firm.
On one side of the table, JP Morgan dawns an information advantage as the leading multinational Tier 1, yet Wes as Chancellor of the country’s foremost university has one of his own… A lever which combined with proprietary information should be one- pulled if his firm Kingsdale is to pursue greener pastures. One word. RESEARCH
The real silver lining: A position forced on one man when perceived correctly is just the challenge needed to 10x at times most crucial. This ingrained change in the structure of the firm’s culture should then persist.
~
John Miguna