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One from Many: VISA and the Rise of Chaordic Organization

Dee Hock

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Summary

Dee Hock uses the formation of Visa to explore how independent people and institutions can work together without giving all authority to a central office. The book combines the story of his life and the payment network with a broader argument about organizations. He calls the proposed form chaordic: a system in which order and freedom develop together through shared purpose and principles. His discussion reaches beyond commerce to other kinds of institutions and their relationship with society and nature. This is the updated second edition of Birth of the Chaordic Age. It is both a founder’s retrospective account and an argument for a different approach to management.

  • SourcePenguin Random House / Berrett-Koehler — One from Many · Book Description paragraphs 1–4: Visa origins, biography, institutional change, chaos and order, society and nature; Product Details: Dee Hock, ISBN 9781576753323, Berrett-Koehler, October 16, 2005, 336 pages.
  • SourceDee Hock archive — Publications · Opening project history and heading One from Many (2005): explicitly identifies the work as the updated second edition of Birth of the Chaordic Age; first-person description under Birth of the Chaordic Age describes linked cooperation and competition.

Why read it Our view

Use Visa’s formation to map the common rules, local choices and ownership rights in a network business. The book is especially useful when suppliers, members or other independent firms must cooperate on a service while continuing to compete for customers.

Written about

  • Dee HockOrganization-building account by the founder
    Hock’s account of Visa’s creation and his ideas about organization. His archive calls One from Many the updated second edition of Birth of the Chaordic Age; these are treated as one work, not two shelf entries.
    Source