logo share us

Butterfly Effect

   

Definition: the Butterfly Effect is in chaos theory the sensitive dependence on initial conditions in which a small change in one state of a deterministic nonlinear system can result in large differences in a later state.

In simple wording, when applied to business, the butterfly effect means that small events sometimes yield large consequences.


   
   
💡

Learn more about the Butterfly Effect.



More on change management: 8 Accelerators For Strategic Change, Bottom-up Approach, Change Approaches, Change Dimensions, Change Equation, more on change management...

You may also like: Full-time MBA, Executive MBA, Executive Education, Online MBA.



MBA Brief offers concise, yet precise definitions of concepts, methods and models as taught in a study Master of Business Administration.

We like to keep things short, and provide links to learn more about your subject.


add us to your desktop

Add MBA Brief to your desktop / iPad

   

© 2024 MBA Brief - Last updated: 19-3-2024  -  Privacy   |   Terms