Alex

Think of it as a reverse holding company. The regulations to which each party must submit are created by them. Any time a member does not like what has been created, they are free to walk away without obligation. It is an open, enabling, self-governing organization.

After sharing the Visa story and underlying concepts, I told a small story. [...] Why then does such a system still lie dormant in the field of health? The answer is not complicated. Who would you trust to own and control such a system? [...] Only with the evolution of a chaordic organization in which all relevant and affected parties have an

I could think of no way to fully realize the concept by including merchants and cardholders as owner/members. The slightest hint in that direction raised a storm of opposition. We should have included them. Perhaps, with more time, tenacity, and ingenuity, we could have.

The possibility of that which has never occurred cannot be determined by opinion -- only by an attempt.

The instinctive response is that one's time will be consumed managing self, superiors and peers. There will be little or no time left to manage subordinates. Exactly!

It comes down to both an individual and collective sense of where and how people choose to be led. In a very real sense, followers lead by choosing where to be led.

the essence of community, its very heart and soul, is the nonmonetary exchange of value [...] It arises from deep, intuitive, understanding that self-interest is inseparably connected with community interest

Making good judgments and acting wisely when one has complete data, facts, and information is not leadership. It's not even management. It's bookkeeping.

Side by side with a compelling desire to excel in the world as he found it was equal desire to behave in accordance with the world as he wished it to be. Shoulder to shoulder with desire for power, fame, and fortune was longing for solitude and contemplation. Hand in hand with the urge to excitement and action was the call to contemplation and