From the outset Hock had built Visa as a deliberately uncentralized organization. On March 13, 1993, Hock gave a dinner speech at the Santa Fe Institute where based on his experiences founding and operating Visa International he described systems that are both chaotic and ordered, and used for the first time the term "chaord" and chaordic, a portmanteau combining the words chaos and order. In February 1994, Hock accepted a grant from the Joyce...
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From the outset Hock had built Visa as a deliberately uncentralized organization. On March 13, 1993, Hock gave a dinner speech at the Santa Fe Institute where based on his experiences founding and operating Visa International he described systems that are both chaotic and ordered, and used for the first time the term "chaord" and chaordic, a portmanteau combining the words chaos and order. In February 1994, Hock accepted a grant from the Joyce...