DH

Dee Hock

94quotes

Dee Hock: A Pioneer in Business and Entrepreneurship

#### Full Name and Common Aliases
Dee Hock is the full name of David Edward Kendall Hock, an American businessman, entrepreneur, and author.

#### Birth and Death Dates
Born on July 22, 1939, in Billings, Montana. As of my knowledge cutoff, Dee Hock is still alive.

#### Nationality and Profession(s)
American, Entrepreneur, Businessman, Author

#### Early Life and Background
Dee Hock grew up in a family that valued hard work and entrepreneurship. His father was an oilfield worker and a small business owner, which instilled in Hock the importance of taking calculated risks and adapting to changing circumstances. After completing his education at the University of Washington and later serving in the United States Army Signal Corps, Hock began his career as a financial analyst for the Bank of California.

#### Major Accomplishments
Dee Hock is best known for co-founding Visa Inc., one of the world's largest payment card companies. He played a crucial role in developing the concept of a unified payment system and was instrumental in launching the Interbank/Master Charge card, which would eventually become Mastercard. Under his leadership, Visa grew from a small startup to a global payments powerhouse.

#### Notable Works or Actions
In addition to his work at Visa, Hock has written several influential books on business and entrepreneurship, including "One Market Under God: A Manifesto for a New Missionary Enterprise" (1998) and "The Art of Business: Lessons from the Life of a Maverick Entrepreneur" (2005). These works offer insights into his innovative approach to business and his commitment to creating value for stakeholders beyond just shareholders.

#### Impact and Legacy
Dee Hock's contributions to the world of finance and entrepreneurship have been profound. He has been recognized with numerous awards, including being named one of the most influential people in the world by Time magazine in 1999. His ideas on business as a "moral enterprise" continue to inspire new generations of entrepreneurs and leaders.

#### Why They Are Widely Quoted or Remembered
Dee Hock's quotes are often referenced for their wisdom and insight into the nature of business, entrepreneurship, and leadership. He has been known to say that "business is a vital institution in society" but also acknowledges its limitations when he notes that "the primary goal of any organization should be to create value for all stakeholders." His words serve as a reminder that successful business leaders must balance profit with purpose.

Dee Hock's legacy extends beyond his professional achievements. He has been an advocate for social and environmental responsibility, recognizing the interconnectedness of economic, social, and ecological systems. Through his writings and public appearances, he continues to challenge conventional wisdom on business and inspire a new generation of entrepreneurs and leaders to create a more just and sustainable world.

In Conclusion


Dee Hock's life and work offer valuable lessons for anyone interested in entrepreneurship, leadership, or the role of business in society. His commitment to innovation, his willingness to challenge established norms, and his dedication to creating value for all stakeholders have made him a true pioneer in the world of business.

Quotes by Dee Hock

Preserve substance; modify form; know the difference.
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Preserve substance; modify form; know the difference.
If you don't understand that you work for your mislabeled 'subordinates', then you know nothing of leadership. You know only tyranny.
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If you don't understand that you work for your mislabeled 'subordinates', then you know nothing of leadership. You know only tyranny.
The problem is never how to get new, innovative thoughts into your mind, but how to get old ones out.
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The problem is never how to get new, innovative thoughts into your mind, but how to get old ones out.
Knowledge is never in doubt. Wisdom is never certain.
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Knowledge is never in doubt. Wisdom is never certain.
The ultimate insanity is to so organize society that power, wealth, and information are concentrated in the hands of so few people that they have the power, for whatever reason, to put to death our species and the living earth as well. But so we have.
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The ultimate insanity is to so organize society that power, wealth, and information are concentrated in the hands of so few people that they have the power, for whatever reason, to put to death our species and the living earth as well. But so we have.
The ultimate profanity is to invoke any deity in support of death or destruction in any form, particularly war.
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The ultimate profanity is to invoke any deity in support of death or destruction in any form, particularly war.
Much of that which passes for conversation these days is the lobbing of small bombs of dogma and little clots of banality at one another.
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Much of that which passes for conversation these days is the lobbing of small bombs of dogma and little clots of banality at one another.
Education that gives priority to measurement rather than values, to efficiency rather than conscience, to information rather than ethics, provides no barrier to barbarity and violence. The Holocaust was perpetrated by a society of the most disciplined, highly educated people on earth.
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Education that gives priority to measurement rather than values, to efficiency rather than conscience, to information rather than ethics, provides no barrier to barbarity and violence. The Holocaust was perpetrated by a society of the most disciplined, highly educated people on earth.
Certainty is the place where questions go to die.
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Certainty is the place where questions go to die.
Just as bad money drives out good, the broad, deep, inclusive renaissance mind is being driven out by the narrow, specialized, technical mind.
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Just as bad money drives out good, the broad, deep, inclusive renaissance mind is being driven out by the narrow, specialized, technical mind.
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