Risk Management and Choatic Systems.

I strongly believe organisations and markets are choatic in the mathematical, complex systems sense of the word. In particular, I like your characterisation of chaos as “A time when things can be reassembled in creative ways to respond to the disturbance between the organization and its environment” as I think this highlights the evolutionary/selective nature of change in such environments, and the fact that risk management strategies must be adaptive rather than predictive in order to be effective (this is something I am currently exploring in detail in a series of articles at http://julianeverett.wordpress.com)
cheers

Julian

I agree with your post Steve.

I look at this as with human teenagers. I have had three in my house in the last ten years. CHAOS – but it is something they are going through – a period of enormous change in many ways.

I found what worked better was conversation. Stop yelling, sit next to my son, and talk with him. I felt better, he felt better, we got through it all.