Jamie Dimon says bureaucracy sinks companies and the solution may be getting rid of the ‘jerks’ who don’t want to solve it

(Credit: Carina Johansen—Bloomberg/Getty Images)

JPMorgan CEO Jamie Dimon is fed up with managers who enable bureaucracy, which he considers a silent killer for organizations that brings with it a host of other problems.

“Bureaucracy, complacency, and arrogance will take down a company,” he said during the Norges Bank Investment Management’s investment conference Tuesday. “Bureaucracy is like the petri dish of politics and everything else.”