Chasing the Advantage

With the announcement of JPMorgan Chase’s expansion of its $1.5 trillion, 10-year Security and Resiliency Initiative to Canada, I got to thinking about what Chapter 3 of our textbook (Strategic Management, Dess, McNamara, Eisner, and Sauerwald) pointed out about how value-chain analysis can help managers create value by investigating relationships between the firm and its customers and suppliers. SRI was started in the US to support and invest in five critical areas: supply chain and advanced manufacturing, defense and aerospace, energy independence and resilience, frontier and strategic technologies, and pharma and health tech. What better way to build those critical relationships with customers and suppliers than to invest in and build up the areas that matter most to both?

With its expansion into Canada, JPMorgan Chase is both investigating those relationships before launching the initiative and building on them as it enters the country. As an added benefit, JPMorgan Chase may see market growth and brand strengthening by helping Canadian clients invest, grow, and transact both nationally and globally.

Sources

Yahoo Finance/Business Wire — JPMorganChase Expands Security and Resiliency Initiative to Canada https://finance.yahoo.com/economy/policy/articles/jpmorganchase-expands-security-resiliency-initiative-130000995.html