Butterfly Effect

What is Butterfly Effect ?

  
The ‘Butterfly Effect’ hypothesizes that small changes in the initial conditions of a system will lead to catastrophic changes in the future. The term was coined by American mathematician, Edward Norton Lorenz, who is known as the father of the Chaos Theory.
 
It is named as ‘Butterfly Effect’ due to the example given for explaining the same. The example cites that a butterfly fluttering its wings would eventually lead to the formation of a hurricane.
 
The idea is one of the inherent components of chaos theory, as it is instrumental in understanding how a seemingly insignificant change will lead to major variations down the line.

More HR Terms

Temporary Employee

What is Temporary Employee?   ‘Temporary Employee’ refers to those employees who are employed for a short period of time. They are commonly referred to

Full-time Equivalent

What is Full-time Equivalent?   ‘Full-time Equivalent’ or ‘FTE’ refers to the multiplying factor which can be used to calculate the salary of a part-time

Pay Per Impression

What is Pay Per Impression?    ‘Pay Per Impression’ refers to an online advertising model that lets the advertisers pay when their advertisement is seen

Contact Us

Contact Us

We use cookies on our website to provide you with the best experience.
Take a look at our ‘privacy policy’