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Semester Essay for Principle of Management
《管理学》课程论文
Analysis into Butterfly Effect in Enterprise
Management
Name（姓名） ： FANTA SOWE /EBRIMA DARBOE
Student ID（学号）: 19008170117 /19008170118
College （学院） ： School of Economics and Management
Major （专业 ） ： International Business Program
Class （ 班级 ） ： 19 batch
Lecture（任课教师）： 沈雪潋
Date: 15/12/2019
Contents
1. Introduction
2. What is Butterfly Effect?
2.1 Concepts
2.2 Practical Significance
3. How to Understand Butterfly Effect in Enterprise Management?
3.1 What is Butterfly Effect in Enterprise Management?
3.2 How to Manage Butterfly Effect in Enterprise Operations?
4. Applications of Butterfly Effect in Enterprise Management
3.1 A Positive CASE for Butterfly Effect
3.2 A Negative CASE for Butterfly Effect
5. Conclusion
References
Notes : not less than 4000 words, complete structure, persuasive argument,
convincing data or cases.
1. introduction
“You could not remove a single grain of
sand from its place without thereby changing
something throughout all
parts of the immeasurable whole.“
Let me introduce you to one of the most mind–blowing theories that is massively affecting
us, yet sort of unknown and underestimated.
The butterfly effect (in chaos theory)
Represents the sensitive dependence on
initial conditions, that is, a very small
change in one state of a deterministic
nonlinear system is associated with
large differences in a later state.
Edward Lorenz coined the term, and
“the butterfly effect” was derived from
the metaphorical example in which the details of a tornado were
influenced by minor perturbations such as flapping of the wings of a
distant butterfly. Lorenz discovered the effect when he observed that runs.
of his weather model with a very small change in initial conditions had
created a significantly different outcome.
The idea that small causes may have large effects in general and in
weather specifically has been earlier recognized by the French
mathematician and engineer Henri Poincaré and the American
mathematician and philosopher Norbert Wiener. .. The idea that one
butterfly could eventually have a far-reaching ripple effect on subsequent
historic events made its earliest known appearance in A Sound of Thunder,
a short story about time travel, written by Ray Bradbury in 1952.
The term butterfly effect was first coined by the American
mathematician, Edward Lorenz. He named the effect based upon an
example of hurricane details like the exact formation time and path
traversed, might be influenced by very minor changes like butterfly wings
flapping quite a number of weeks earlier. This example was of course
metaphorical in nature. Lorenz discovered this effect during the runs of
weather model, where he found out that the initial data that was rounded
of did not produce the same results as the unrounded initial data.
Butterfly effect can be observed in daily activities. For example, while
throwing dice the random outcomes depend on the features that amplify
the minor differences in the initial conditions, like precise direction,
orientation and thrust of the throw that would make the dice to traverse
in different paths. These paths would be created in such a way because of
the minute changes in the initial conditions that in would be nearly
impossible to replicate the exact paths again.
1. What is Butterfly Effect?
The butterfly effect coined by The Mathematician and the Meteorologist
“Edward Lorenz” back in 1960, expressing that the fluttering of a butterfly’s wing can
be the cause of a series of events thousands miles away.
“Small causes can have huge effects.”
For Example: A butterfly flatters it’s wings in Japan, 2 months later a hurricane hits
The Great Britain.
The “butterfly effect” is a way of describing the cumulative effect
over time of very small actions in large and complex systems. The concept
is that, when a butterfly flaps its wings, it makes incredibly tiny air
currents, but those currents affect the paths of other air currents, which
