Visa 2014 Annual Report Download - page 14

employees participating in
face-to-face education, with
an emphasis on management
and leadership skills and for
the first time in the company’s
history, every member of
our Executive Committee
personally taught in our
leadership program.
We also continually build on
the great culture within Visa.
We stress integrity, innovation,
execution, independent
thought, partnership and
success. We work hard to live
these values every day and
evaluate and reward people
based on these values.
An important part of our
culture is challenging our
employees. We do this by
doing industry leading work,
but the core of challenging
employees is around involving
everyone in the debate that
surrounds the development of
our goals and strategies. With
the best minds in the business
across the globe, we need
everyone in our company to
participate in idea creation, not
just execute what a few ask.
We also recognize that to be
the best company possible,
our employees need to be
as diverse in their ideas,
backgrounds, ethnicity, and
gender as our clients and
their clients. We need an
environment, which is truly
diverse and inclusive. This has
been an important value at
Visa, and we are working to do
even more.
In 2014, we focused on talent,
empowerment and making
Visa a great place to work.
• We announced our
plans to hire 2,000
technologists across the
globe, strengthening our
talent pool and providing
greater opportunity for our
employees to grow their
careers at Visa.
• We made changes to
flatten our organization
in order to drive
increased empowerment,
collaboration and employee
engagement.
• We changed our annual
review process to provide
greater emphasis on
employee growth and
development and trained
managers on how to use the
process more effectively.
• Our great people have great
ideas. We are implementing
hundreds of employee
ideas to make Visa a better
place to work and a stronger
company.
Conclusion
We continue to be blessed
to be in an industry with
continuing huge opportunities
to grow. No one is better
positioned than us to succeed.
That’s a fantastic gift, but it’s
nothing more than a small
advantage in the context of a
market and client needs that
are rapidly and dramatically
changing. Therefore, it is
critical that we drive forward
with even greater focus and
urgency as we execute against
these strategic pillars. Our
shared vision for the future
must be dynamic as we evolve
in direct response to the
market around us.
Our 50 plus years of success
speaks for itself – but what
gets me excited every day is
our great future and the great
people I’m surrounded by
at Visa. Our opportunity is
greater than ever before and
our unique network, operating
model, relationships, and scale
create a great foundation for
us to grow. Thank you for the
trust you’ve placed in the
entire Visa management team.
Charles W. Scharf
Chief Executive Officer
Visa Inc.