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Looks at chase theory - the unpredictable yet creative behavioural nature of complex systems. States the Y2K bug may provide one of the most valuable insights into the implications of chaos theory in business and management to date. Looks at chaos theory in brief with discovery, choice and action and both negative and positive feedback. Uses 2 Tables to show sources of tension and Stacey's control parameters in relation to Y2K. Concludes complexity theory argues that the future is unknowable and it would be unwise to assume the next 18 months will be business as usual.
The Antidote – Emerald Publishing
Published: May 1, 1999
Keywords: Chaos; Systems theory; Disaster planning
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