{"id":7085,"date":"2013-05-13T05:47:35","date_gmt":"2013-05-13T03:47:35","guid":{"rendered":"http:\/\/www.w-t-w.org\/en\/?p=7085"},"modified":"2013-05-13T06:51:36","modified_gmt":"2013-05-13T04:51:36","slug":"tesco-bank-tackles-the-problem-of-serving-customers","status":"publish","type":"post","link":"https:\/\/www.w-t-w.org\/en\/tesco-bank-tackles-the-problem-of-serving-customers\/","title":{"rendered":"Tesco Bank Tackles the Problem of Serving Customers"},"content":{"rendered":"<p>All eyes are fixed on the JP Morgan Chase annual meeting on May 21. \u00a0Hotly debated is Jamie Dimon&#8217;s dual role on the board and as CEO. \u00a0This may mask more fundamental problems. \u00a0The head of Tesco says, &#8220;\u201cWhen we took over the business we removed all sales targets, we immediately removed all the incentives. We were under no pressure to do this. I took the view that incentives and targets are ineluctably corrosive. That single move has refocused people on focusing on the customers.&#8221; \u00a0Dimon seems more interested in a 25% return on his high risk investments. \u00a0<a href=\"http:\/\/www.telegraph.co.uk\/finance\/newsbysector\/banksandfinance\/10051617\/Tesco-Bank-chief-executive-We-are-here-to-serve-Tesco-customers-not-change-banking.html\" target=\"_blank\">Article\u00a0 <a href=\"http:\/\/www.w-t-w.org\/en\/tesco-bank-tackles-the-problem-of-serving-customers\/bank\/\" target=\"_blank\" rel=\"attachment wp-att-7086\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-7086\" alt=\"bank\" src=\"http:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2013\/05\/bank-217x300.jpg\" width=\"217\" height=\"300\" srcset=\"https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2013\/05\/bank-217x300.jpg 217w, https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2013\/05\/bank.jpg 363w\" sizes=\"auto, (max-width: 217px) 100vw, 217px\" \/><\/a><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>All eyes are fixed on the JP Morgan Chase annual meeting on May 21. \u00a0Hotly debated is Jamie Dimon&#8217;s dual role on the board and as CEO. \u00a0This may mask more fundamental problems. \u00a0The head of Tesco says, &#8220;\u201cWhen we &hellip; <a href=\"https:\/\/www.w-t-w.org\/en\/tesco-bank-tackles-the-problem-of-serving-customers\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[13],"tags":[],"class_list":["post-7085","post","type-post","status-publish","format-standard","hentry","category-finance"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"All eyes are fixed on the JP Morgan Chase annual meeting on May 21. 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Hotly debated is Jamie Dimon&#039;s dual role on the board and as CEO. This may mask more fundamental problems. The head of Tesco says, &quot;\u201cWhen we took over the business we removed all sales targets, we immediately removed all the incentives.\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/www.w-t-w.org\/en\/tesco-bank-tackles-the-problem-of-serving-customers\/\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2013-05-13T03:47:35+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2013-05-13T04:51:36+00:00\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n\t\t<meta name=\"twitter:title\" content=\"Tesco Bank Tackles the Problem of Serving Customers - W-T-W.org\" \/>\n\t\t<meta name=\"twitter:description\" content=\"All eyes are fixed on the JP Morgan Chase annual meeting on May 21. Hotly debated is Jamie Dimon&#039;s dual role on the board and as CEO. This may mask more fundamental problems. 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