Predicting BlacK SwaNs | Thinking about Systems | Scoop.it
A black swan is some sudden unexpected change in the behavior of a system that disrupts the system and brings it crashing to the floor. The crash of 2008 provides an extreme example of a black swan. But such examples are rather common in our lives. Our careers crash. Organizations crash. Our health suddenly crashes. A ‘cloud bursts’. Or for that matter any system is likely to be disrupted any time by the sudden appearance of black swans.