Butterfly Effect

What is Butterfly Effect ?

  
The ‘Butterfly Effect’ hypothesizes that small changes in the initial conditions of a system will lead to catastrophic changes in the future. The term was coined by American mathematician, Edward Norton Lorenz, who is known as the father of the Chaos Theory.
 
It is named as ‘Butterfly Effect’ due to the example given for explaining the same. The example cites that a butterfly fluttering its wings would eventually lead to the formation of a hurricane.
 
The idea is one of the inherent components of chaos theory, as it is instrumental in understanding how a seemingly insignificant change will lead to major variations down the line.

More HR Terms

Equity Theory

What is Equal Equity Theory?   ‘Equity Theory’ states that employees try to maintain a balance between what they give to the company versus what

Up or Out

What is Up or Out?   ‘Up or Out’ refers to a practice in some companies where the employees are required by contract to achieve

Contact Us

Contact Us

We use cookies on our website to provide you with the best experience.
Take a look at our ‘privacy policy’