Visa Inc – “A great business model, strong enough to hide the effects of a very weak organization”
Pros
Great global brand and corporate culture
Cons
No amount of tolerance for risk taking means that everyone spends their time anlyzing and making decks, and very little developping the business. Competence is displayed only by vetoing ideas not by developing new ones.
Executive management is more interested in politics, turf war and rapidly increasing their options holding than creating lasting value. As a consequence fear permeates the place.
Advice to Senior Management
Compare what apparatchiks promised in their decks with what is accomplished, and remove the ones that year after year come back with nothing done. Bring back accountability.