![]() ![]() Even so, I believe it should be applied cautiously because some risks are unacceptable. In a sense, chaos engineering is not that different from the idea of antifragility and can pave a path toward better risk management, ensuring corporate sustainability in the long run. Typically, there are three stages to chaos engineering: forming a hypothesis about how a system will behave when something goes wrong, designing the smallest possible experiment to test that hypothesis in the system and then measuring the impact of any failures at each step to gain a deeper understanding of the system's real-world behavior. ![]() Given this toxic mix of volatility and unpredictability with an occasional black swan event mixed in, what can senior executives do to ensure they are leading companies into a sustainable future? I believe that chaos engineering could help. All of this, coupled with technology advancing at breakneck speed, makes it crystal clear that the future is getting increasingly challenging to map out. bank loved by VCs and startups on both sides of the Atlantic has unexpectedly collapsed in a matter of days. Natural disasters are becoming more frequent, a tragic war is again raging in Europe, and a central U.S. Given the uncertainty of our times, CEOs might want to apply this type of approach in their corporate sustainability strategies. Chaos engineering is a popular idea in software engineering, centered around the premise that deliberately breaking a system to gain information will ultimately help improve that system's resiliency. ![]()
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