Jamie Dimon says “ Don’t put a good foot forward, advance the truth ” and reveal what would make him enter the public service

• JPMORGAN CHASE PDG Jamie Dimon Friday was asked about leadership lessons at the end of a large interview during the national Economic Forum Reagan. He spoke of going out, listening to people, observing, providing honest assessments and having humility. He also explained what would attract him from the private sector to the public sector.

The oldest CEO of Wall Street said it was better to give an honest assessment than to make the boss feel good.

Friday, at the end of a vast interview during the national Economic Forum Reagan, Morgan Brennan de CNBC asked the CEO of JPMorgan Chase, Jamie Dimon, on leadership lessons.

The first thing he said was, “Get out, go out, go out, go out, talk to people, talk to customers. I’m talking to everyone. “

Noting that President Dwight Eisenhower, a Republican, regularly met with democratic leaders, Dimon also discussed the importance of hearing opposite views as well as listening to complaints and learning rivals.

“Observe, observe, observe and ask your whole people to do so,” he added. “And it’s an endless process. Because we have competitors around the world, and they are intelligent, and they are hard and they arrive.”

He then turned to what made companies that were once failed in rhythms in their respective industries. Dimon highlighted arrogance, greed, complacency and bureaucracy.

Businesses can “make it” to “have the way they earn money and why, while managers can feel pressure to make the boss feel good and avoid embarrassing someone, he explained.

“When people tell me, put a good foot forward, I always say, don’t put a good foot forward, put forward the truth, 100% the truth,” said Dimon. “Tell us, and we’re going to face it. It’s good. Therefore a deep and honest evaluation. “

He also put humility and curiosity on the list of features that leaders should have, saying that “people do not want to work for tremors” and do not want to work for the bosses that blame the others.

Meanwhile, the succession of CEOs at the largest bank in the world by market capitalization was an current show game at Wall Street, and Dimon recently reaffirmed that he moved in the next two to four years.

But at the age still relatively young, 69 years old, there have been generalized speculations according to which he could have a second act within the government, either in office elected, or in a named role.

Earlier this year, he even admitted that he was planning to run for the Presidency of the United States, but decided not to do it because did not want to spend so much time away from his family.

And during the re -election of last summer, Donald Trump suggested that he could consider Dimon for the secretary of the Treasury, although he then excluded it.

Friday, Dimon asked him what it would take to enter the public service. His answer alluded to a certain humility.

“Very well, ready? I’m going to tell you: if I thought I could really win, which I don’t think I could,” he said.

This story was initially presented on Fortune.com