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

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

Founders

Episode 42

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

David Senra is the host of Founders, where he studies history's greatest entrepreneurs. This is what he learned from reading One From Many: VISA and the Rise of Chaordic Organization by Dee Hock

What I learned from reading One From Many: VISA and the Rise of Chaordic Organization by Dee Hock 

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Walking away at the pinnacle of success was the hardest thing I have ever done (0:01)

Through the years, I have greatly feared and sought to keep at bay the four beasts that inevitably devour their keeper – Ego, Envy, Avarice, and Ambition. In 1984, I severed all connections with business for a life of isolation and anonymity, convinced I was making a great bargain by trading money for time, position for liberty, and ego for contentment – that the beasts were securely caged. –Dee Hock (4:14)

Visa was little more than a set of unorthodox convictions about organization slowly growing in the mind of a young corporate rebel (9:03)

Dee's first jobs (21:44)

Learning how mechanistic, Industrial Age organizations really function (28:17)

Useful questions to ask in your organization (34:30)

A failure at 36 years old (38:33)

The environment from which Visa emerged (46:41)

Healthy vs Unhealthy Organizations (55:19)

Focus on how your product or company "ought to be" and nothing else. (57:30)

I had held fast to the notion that until someone has repeatedly said "no!" and adamantly refuses another word on the subject, they are in the process of saying "yes" and don't know it yet. –Dee Hock (1:03:55)

His biggest regret: The fight against duality (monopoly) (1:04:35)

How Dee Hock dealt with stress (1:07:00)

His biggest regret: The fight against duality (monopoly) continued (1:09:52)

Dee's surprising conclusion about his work (1:16:50)

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

Introduction

"It is 1993, nine years since I abruptly severed all connection with the business world for life on the land. It is still hard to believe, after 16 years of intense conflict with industrial age command-and-control corporations, after 35 years dreaming of new concepts of organization and experimenting with them, after two impossible years bringing one of those dreams into being, after 14 grueling years leading it to maturity, after all that, turning my back on Visa in 1984 and walking away at the pinnacle of success was the hardest thing I have ever done.

The reason is still difficult to explain, but it is not complicated. That inner voice that will not be denied, once we learn to listen to it, had whispered since the beginning: business, power and money are not what your life is about. Founding Visa and being its Chief Executive Officer is something you needed to do, but it's only preparatory. Each time, I resisted. 'You're crazy! Preparatory for what and where and why?' There was no answer, only silence.

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