By Dee Hock
The global luck of VISA overseas, Dee Hock asserts, is because of its chaordic constitution: it really is owned by means of 22,000 member banks, which either compete with one another for 750 million consumers and needs to cooperate via honoring one another's $125 trillion in transactions each year throughout borders and currencies. "One From Many takes the never-before-told tale of ways that constitution got here into being, and updates it for at the present time. The publication additionally highlights Dee Hock's evolution from humble beginnings to an iconoclast who challenged the character of conventional companies and administration. it's the tale of an entrepreneur who created a brand new suggestion of association, introduced it into being, and led it to outstanding luck in under a decade. Hock is a company statesman who maintains to hold those principles world wide. Lyrical, funny, powerfully considerate, "One From Many tells how one guy mixed chaos and order within the unforeseen realm of commercial.
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Extra info for One from Many: VISA and the Rise of Chaordic Organization
Example text
Plus one for Thee, ancient one. Minus one for you, old man. I sit motionless for ten minutes,gradually returning to harmony with the whole, enjoying the sound of gusting wind, the first 8 Old Monkey Mind - drops of cold rain,the ocean restless under darkening clouds,trees and grass in a supple dance with the wind. The Earth, each blade of grass, each tree, the man, the tractor, the storm, each a whole of parts and a part of wholes, acting on and acted upon. Everything both infinitely understandable and infinitely mysterious, including an old man sitting on a tractor, smiling and running a hand over a stubble of whiskers on a crooked jaw.
Jones snatches the handle from the midst of shattered glass and bits of bread and shoves it into my hand. Every eye in the church turns to stare. The silence speaks. “Guilty! You have smashed the sacrament! A friend loses his cool and giggles. The church fills with suppressed guffaws. He is slowly swelling with the wrath of God. Days seem to creep by before the sacrament is finished, the handle is out of my hand, and the organist has launched a march, signaling the congregation to move to classrooms in the back of the building.
In fact, there can be no life without it. All life, all of nature, all earthly systems, are closed cycles of nonmonetary exchanges of value, save only the gift of energy that comes from the sun. There can be no life whatever without balanced cycles of giving and receiving. When we attempt to monetize all value we methodically replace the most effective system of exchanging value for the least effective. Because we cannot mathematically measure the nonmonetary, voluntary exchange of value, we cannot prove to our rational mind the efficiency of the whole or the parts.