Adaptive Control

From Wikipedia, the free, on-line encyclopedia, we find:

Adaptive control involves modifying the control law used by a controller to cope with the fact that the parameters of the system being controlled are slowly time-varying or uncertain. For example, as an aircraft flies, its mass will slowly decrease as a result of fuel consumption; we need a control law that adapts itself to such changing conditions.

Adaptive control is different from robust control in the sense that it does not need a priori information about the bounds on these uncertain or time-varying parameters; robust control guarantees that if the changes are within given bounds the control law need not be changed, while adaptive control is precisely concerned with control law changes.

An entrepreneur is like a pilot. He has to use adaptive controls. As situations change, he or she adjusts his leadership style and actions and plans to adjust to them. The entrepreneur uses robust controls that are unaffected by changes in the world around him.

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