Capital One 1996 Annual Report Download - page 9

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Please find page 9 of the 1996 Capital One annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

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007
Capital One’s sustained success is the product of
a set of principles we have embraced since
bringing the information-based strategy to the
Company in 1988. These principles, the essence of
Capital One, combine strategic insights and manage-
ment
values, which we refined through years of consulting
and entrepreneurship and have tailored to the unique
requirements of our information-based strategy.
These principles are not just something we talk
about; they are a way of life at Capital One.
Implementing them has required rebuilding the
Company from the ground up and challenging many
of the
core assumptions upon which large companies are
typically built. As the Industrial Age gives way to
the Information Age, management paradigms will
inevitably be revolutionized. Capital One is an
Information Age company built to leverage technology
and knowledge capital for rapid exploitation of mar-
ket opportunities. As competitors strive to emulate
Capital One, they set their sights on our products and
our technology. But our true competitive advantage
The Essence of Capital One