Abstract
The ability to predict chaos and singularities presents businesses with new opportunities to move from a reactive to proactive risk management posture. Mathematics can be applied to identify the conditions under which dynamic complexity will produce singularities and explore what actions can be taken to contain the risk. Ultimately businesses will benefit by identifying the path towards a point of chaos in order to make the decision to either re-route away from the dangerous course, push it as far as possible, or start a process of transformation and innovation. While it is useful to understand how mathematics supports a goal towards better control of dynamic complexity, and therefore better risk management, commercial technologies and new business practices will be required to fully capitalize on these discoveries.
Chaos is inherent in all compounded things. Strive on with diligence.
—The Buddha
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Notes
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Chapront , Jean and Nabil Abu el Ata . Les perturbations planétaires de la Lune en variables elliptiques, I. Formulaire et séparation de Brown. Bureau des Longitudes. Paris, France. 1977.
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Abu el Ata, N., Schmandt, R. (2016). Singularity and Chaos Theory. In: The Tyranny of Uncertainty. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-49104-1_22
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DOI: https://doi.org/10.1007/978-3-662-49104-1_22
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Online ISBN: 978-3-662-49104-1
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