Chaos and Complexity Theory for Management

Although chaos theory refers to the existence of between seemingly random events, it has been gaining the attention of science, technology and managements fields. The shift from traditional procedures to the dynamics of chaos and complexity theory has resulted in a new element of complexity thinking allowing for a greater capability for analyzing and understanding key business processes. Chaos and Complexity Theory for Management: Nonlinear Dynamicsexplores the chaos and complexity theory and its relationship with the understanding of the natural chaos in the business environment. Utilizing these theories would aid in comprehending the development of businesses as a complex adaptive system.