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#42 One From Many: VISA and the Rise of Chaordic Organization

Founders

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The Power of Purpose, Principles, and People Was What Bringed Visa Into Being

Visa was founded by four vice presidents of a small bank in the Pacific Northwest. They couldn't change banking laws or management, but they were enamored with new ideas. Visa had no money to buy system from Bank of America; it relied on "power of purpose and principles" The company is now one of the world's biggest banks.

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