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A chaordic organization refers to a system of organization that blends characteristics of chaos and order. The term was coined by Dee Hock, the founder and former CEO of the VISA credit card association.
The mix of chaos and order is often described as a harmonious coexistence displaying characteristics of both, with neither chaotic nor ordered behavior dominating. The chaordic principles have also been used as guidelines for creating human organizations -- business, nonprofit, government and hybrids—that would be neither centralized nor anarchical networks.
References
Chaordic organization Wikipedia(Text) CC BY-SA