Birth of the Chaordic Age

In Birth of the Chaordic Age, Dee Hock argues that traditional
organizational forms can no longer work because organizations have
become too complex. Hock advocates a new organizational form that he
calls “chaordic, ” or simultaneously chaotic and orderly. He credits
the worldwide success of VISA with its chaordic structure — it is
owned by its member banks which both compete with each other for
customers and must cooperate by honoring one another’s transactions
across borders and currencies. The book shows how these same chaordic
concepts are now being put into practice in a broad range of business,
social, community, and government organizations.

Forex Banking And Trading - Birth of the Chaordic Age

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