1.To start off, please give us the history of what is a VUCA environment and how was it realized?
Business leaders struggle for understanding of their environments to develop strategies that improve their organizational performance and keep their edge on the competition. There
The term VUCA represents Volatility, Uncertainty,
Volatility signifies an organization’s need to have the agility and flexibility to act fast in positioning themselves. Uncertainty characterizes the lack of predictability and chance for
2.Why is understanding the VUCA environment relevant to leadership development?
It
· Application to business strategy and development
· How VUCA can impact towards leadership development in the life stages of the Firm.
· It also discusses the “VUCA Prime,” focusing on vision and clarity to lead.
· What HR and talent managers must do to change their leadership development approach to foster leadership?
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3.Can “VUCA Prime” be considered a solution?
A good model using VUCA Prime consists of:
1. Vision – having a clear picture of the purpose of your business and where you are going
2. Understanding – the leader takes the time to stop, look and listen to what
3. Clarity – the leader needs to spend the time and effort in deliberately working to make sense of the chaos that exists.
4. Agility – the ability to communicate openly across the organization and to move quickly to apply solutions, the rapid prototyping of ideas & actions to develop solutions.
4.Please suggest on how HR and talent managers can change their approach to foster out of the box thinking to counter the VUCA environment
· Volatility can be countered with vision as vision is even more vital in turbulent times.
· Uncertainty can be countered with understanding, the ability of a leader to stop, look, and listen.
· Complexity can be countered with clarity, the deliberative process to make sense of the chaos.
· Ambiguity can be countered with agility, the ability to communicate across the organization and to move quickly to apply solutions.
HR perspective is to understand the VUCA environment in advance and create/mutate leaders that can mitigate the risks of being embroiled by it.
NOTE: for details and illustrative cases watch out for a Print of the “The VUCA company”, authored by
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