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EP11 Dave Snowden and Systems Thinking

The Jim Rutt Show

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Understanding Complexity Theory in Forecasting

In forecasting, the assumption is that getting the input right should allow defining the output or forecasting to a future state. Complexity theory, distinct from deterministic chaos, underpins this idea in human systems. It acknowledges the science of essential uncertainty where one can grasp the present and map coherent pathways from it, yet is unable to precisely define the outcome.

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