Jeffrey Walker, Former JPMorgan Exec, Philanthropist (Bonus!)

May 5, 2017 Episode Page ↗
Overview

Jeffrey Walker, former CEO of CCMP Capital and Vice Chairman of JPMorgan Chase, discusses his decades-long meditation practice and his work scaling mindfulness tools across business, education, and healthcare to reduce suffering and foster collaboration. He emphasizes an eclectic approach and the importance of "sangha" or community.

At a Glance
22 Insights
49m 54s Duration
12 Topics
7 Concepts

Deep Dive Analysis

Jeff Walker's Early Introduction to Meditation

Evolution of an Eclectic Personal Meditation Practice

Integrating Mindfulness and Contemplation in the Corporate World

Addressing Critiques of Corporate Mindfulness

Scaling Contemplative Practices in Education: The Louisville Project

The Importance of Teamwork and Community (Sangha) in Practice

Strategies for Integrating Meditation into a Busy Life

Jeff Walker's Personal Daily Contemplative Practice

Bridge Builders Collaborative: Investing in Contemplative Technologies

Bringing Mindfulness and Contemplative Tools to Higher Education

The Role of 'System Entrepreneurs' in Solving Global Problems

Resources for Learning More About Jeffrey Walker

Eclectic Practitioner

Someone who uses various mind training tools and practices from different traditions (Hindu, Buddhist, etc.) rather than adhering strictly to one, finding what works best for different times and places.

Ensemble Effect / Flow State

A feeling of being present and connected, often experienced when playing music with others, which Jeff Walker found similar to his initial meditation experience. It signifies a deep, engaged state of being.

Beginner's Mind

A concept from Buddhist philosophy referring to an attitude of openness, eagerness, and lack of preconceptions when studying a subject, even at an advanced level. It helps in listening well and rebuilding solutions collaboratively.

Corporate Mindfulness / McMindfulness

A critique of bringing distilled parts of ancient contemplative traditions into the workplace primarily for competitive advantage, focus, or productivity, potentially co-opting their deeper spiritual or ethical aims.

Sangha

A Buddhist term referring to a community or group of people who work together, talk with each other, and serve as mirrors for self-reflection and mutual support in their practice.

Street Mindfulness

Integrating short moments of mindfulness into everyday activities, such as waiting in line, walking, or drinking coffee, as a way to practice presence without needing a formal, extended meditation session.

System Entrepreneurs

Individuals, often with contemplative experiences, who possess managed egos and strong listening skills, enabling them to pull together large-scale collaborations to solve complex global problems.

?
How did Jeff Walker first get into meditation?

Jeff Walker first experienced meditation at the University of Virginia, experimenting with whole body relaxation and sitting quietly in a field, noticing a 'quiet place' and a 'flow state' similar to playing music.

?
Was Jeff Walker open about his meditation practice in the corporate world?

Yes, Jeff Walker was always pretty open about his practice, even teaching meditation to fellow executives at J.P. Morgan and setting up a 'Mindful Leadership' course at the University of Virginia.

?
Can mindfulness tools help change the capitalist system from within, or are they just an add-on for better workers?

Jeff Walker believes these tools can help change the system by lowering suffering and stress, allowing people to operate more ethically, and fostering collaboration, rather than just making people more productive within the existing system.

?
Why is teamwork and community (sangha) so important in contemplative practice?

Teamwork and community provide a 'mirror' for self-reflection, allowing individuals to see themselves more clearly and receive support and reinforcement for their practice, which is often lost in individualistic Western approaches.

?
How can busy people find time to meditate?

Instead of always aiming for long formal sessions, people can integrate 'minute meditations' or 'street mindfulness' into daily activities like walking, waiting for coffee, or during yoga, to practice presence and gradually build a habit.

?
What is the mission of Jeff Walker's investor group, Bridge Builders Collaborative?

The Bridge Builders Collaborative invests in businesses that focus on mind training, building better relationships, and using contemplative tools to reduce suffering, aiming to bring these ideas to the world through various applications.

?
What is 'The Generosity Network' about?

'The Generosity Network' is a book co-written by Jeff Walker about the transformational experience between donors and doers, emphasizing how working together on causes can transform lives beyond just the exchange of money.

1. Embrace Eclectic Mind Training

Be open to learning and using various mind training tools and practices, as different approaches can work in different times and places to improve concentration, compassion, awareness, and creativity.

2. Be Skeptical of Single Answers

Avoid individuals or approaches that claim to have the singular answer or ‘way’ to well-being, as a personalized and evaluative approach to different practices is often more effective.

3. Cultivate a Supportive Community (Sangha)

Actively seek and engage with a ‘sangha’ or group of people who can serve as mirrors and provide support, as self-understanding and growth are difficult without reflecting off others.

4. Integrate Micro-Meditations Daily

Practice short, frequent meditations throughout your day, such as for a minute at a time or while in line or walking, to remind yourself where you need to come back to as you live life and manage stress.

5. Cultivate Managed Ego for Collaboration

Develop a ‘managed ego’ and strong listening skills to effectively pull together collaborations and solve problems, as these contemplative tools are crucial for system entrepreneurs.

6. Embrace “Not Knowing Everything”

Cultivate the skill of ’not knowing everything’ and a beginner’s mind, which fosters openness and better listening, essential for collaborative problem-solving and rebuilding solutions together.

7. Combine Solo and Group Practice

Engage in both individual meditation and group practices, such as being quiet with others or discussing your practice, as both are beneficial and needed for a complete experience.

8. Prioritize Scheduled Group Time

Intentionally build time for connecting with others into your schedule, as this commitment can leverage your output, impact, and joy in life.

9. Begin Formal Practice with Short Sessions

If finding time for meditation is challenging, start with very short formal practice sessions (e.g., one to three minutes) instead of aiming for longer durations, as this can be the beginning of growing a practice or simply be sufficient.

10. Start with Body Relaxation Meditation

Sit quietly, as Jeff did in a field, and practice body relaxation to experience a noticeably different and quiet state of mind.

11. Practice Mindful Yoga

Dedicate a portion of your yoga session (e.g., at least 15 minutes) to intentionally being present and centered, transforming it into a contemplative practice.

12. Use Mindfulness for Business Edge

Practice taking a breath and not responding quickly in the business world to gain power, and cultivate listening and openness to gain an advantage in negotiations and partnerships.

13. Offer Diverse Contemplative Tools

Provide a range of contemplative tools (e.g., yoga, Tai Chi, meditation practices) to help individuals address stress and suffering, allowing them to pick what works best for them rather than prescribing a single solution.

14. Tailor Contemplative Solutions Personally

When introducing contemplative practices, focus on personal, actionable issues like sleep or depression to make the benefits tangible and relevant, encouraging individuals to adopt tools that directly address their suffering.

15. Adapt Practices to Local Systems

When implementing contemplative practices on a larger scale (e.g., in schools), adopt a ‘system orientation’ by working with local stakeholders to tailor solutions that fit their specific needs and context, rather than imposing a single program.

16. Integrate Contemplation for Ethics

Introduce contemplative tools into corporate environments to foster more ethical behavior and openness to teamwork, as these skills can positively influence how businesses operate internally and in the world.

17. Experience Group Humming for Presence

Engage in group humming to experience immediate presence and connection, recognizing it as a form of shared meditation and an ensemble experience.

18. Host Integrated Group Conversations

Organize ‘Jeffersonian dinners’ or similar formats to foster integrated group conversations among all participants at a table, rather than fragmented one-on-one discussions, to maximize collective insight and connection.

19. Use Social Media to Find Community

Utilize social media and other online platforms to connect with others who share an interest in contemplative practices, fostering a community for mutual support and shared learning.

20. Reinforce Practice Through Peer Connection

Regularly connect with friends or a group (via phone, text, or email) to reinforce your contemplative practices, providing mutual encouragement and accountability.

21. Adopt a Diverse Personal Practice

Cultivate a personal contemplative practice that includes late-night meditation, somatic practices, regular mindful yoga, occasional Tai Chi, bi-annual retreats, and seeking presence in daily activities like listening to live music.

22. Engage in Transformational Philanthropy

Explore ‘The Generosity Network’ to understand how to engage in philanthropy as a transformational experience where both donors and recipients are changed through collaborative action, building teams for major causes.

Being able to take that breath, being able to not respond quickly is a real power in all worlds, but the business world in particular.

Jeff Walker

If they show you the way, run away.

Jeff Walker

You can't find yourself without reflecting off the mirror of another.

Jeff Walker

It's not like I don't have longer meditations. I said, but I'm trying to remind myself where I need to come back to as I'm living life, and to remind ourselves that there's every breath you're taking.

Jeffrey Hopkins (quoted by Jeff Walker)

My great Machiavellian plot is to have people working together for things and they get used to it so much that they can't doing it any other way.

Jeff Walker

Jeff Walker's Eclectic Personal Contemplative Practice

Jeff Walker
  1. Meditate late at night, often listening to somatic meditation (e.g., Reggie Ray).
  2. Practice yoga at least three times a week for an hour, focusing on mindfulness during the entire session.
  3. Cycle in and out of Tai Chi for extended periods.
  4. Attend retreats at least twice a year, mixing up traditions (e.g., Zen Buddhist, Vipassana, Loving Kindness).
  5. Strive to be present every minute throughout the day.
  6. Attend live music performances about twice a week to foster a creative and present state of mind.
  7. Connect with groups of people (friends, colleagues) via phone, text, or email to reinforce practices.
1973
Jeff Walker's first meditation experience During his first year at the University of Virginia.
43 years ago
Years since Jeff Walker's first meditation From the time of the podcast recording.
15-17 years ago
Mindful Leadership course established at UVA Set up by Jeff Walker at the University of Virginia.
11 schools
Schools collaborating with UVA's Contemplative Science Center Working together to bring contemplative tools to various fields.
8,000 kids
Kids currently in the Contemplative Schools Project in Louisville K-5 students receiving contemplation training multiple times a week.
25,000 kids
Projected kids in the Contemplative Schools Project in Louisville Expected after approximately two more years, when the program expands to all schools.
25 years
Years Jeff Walker built ensembles and partnerships as an investor During his career as a venture capitalist.
Over 60 million people
People currently doing yoga A general statistic mentioned in the conversation.
10 years ago
Years since Jeff Walker retired from J.P. Morgan From the time of the podcast recording.
$33,000 per person
Return on investment for eMindful practices at Aetna Calculated due to reductions in sickness and employee turnover.