Abstract
As businesses change at an ever-increasing rate, so does the growth and severity of its dynamic complexity. Today the dynamic complexity that is generated due to business dynamics is reaching a much faster speed than the current business definition of stability can manage. Faster change in dynamics, and consequently faster growth in dynamic complexity, causes the eventual singularity to come faster and therefore imposes a requirement on management to face the dilemma, anticipate the impact, and manage closely something that is hidden and can be suddenly revealed at any point in time.
Before the discovery of quantum mechanics, the framework of physics was this: If you tell me how things are now, I can then use the laws of physics to calculate, and hence predict, how things will be later.
—Brian Greene
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Notes
- 1.
Poundstone, William. John von Neumann . Encyclopedia Britannica. 19 September 2014. Web. 5 March 2015.
- 2.
Copeland, B.J. Alan Turing. Encyclopedia Britannica. 12 January 2015. Web. 5 March 2015.
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Abu el Ata, N., Schmandt, R. (2016). Evolution and Risk: The Bridge and the Missing Link. In: The Tyranny of Uncertainty. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-49104-1_12
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DOI: https://doi.org/10.1007/978-3-662-49104-1_12
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