It is a
VUCAWORLD
Prepared By
Manu Melwin Joy
Assistant Professor
SCMS School of Technology and Management
Kerala, India.
Phone – 9744551114
Mail – manu_melwinjoy@yahoo.com
Kindly restrict the use of slides for personal purpose.
Please seek permission to reproduce the same in public forms and presentations.
VUCA WORLD
• VUCA is an acronym
used by the American
Military to describe
extreme conditions in
Afghanistan and Iraq. It
stands for Volatile,
Uncertain, Complex and
Ambiguous.
VUCA WORLD
• This terminology is
resonating with an
increasing number of
CEOs as we try to make
sense of the constantly
changing challenges
brought on by politics,
economics, society and
the environment.
VUCA WORLD
• We seem to be shifting
from an approach based
around problem solving
and planning aimed at
reducing uncertainty, to a
world where progress is
made by actively
engaging with
uncertainty, requiring
higher levels of leadership
agility.
VUCA WORLD
• V = Volatility. The
nature and dynamics of
change, and the nature
and speed of change
forces and change
catalysts.
VUCA WORLD
• U = Uncertainty. The
lack of predictability,
the prospects for
surprise, and the sense
of awareness and
understanding of issues
and events.
VUCA WORLD
• C = Complexity. The
multiplex of forces, the
confounding of issues,
no cause-and-effect
chain and confusion
that surround an
organization.
VUCA WORLD
• A = Ambiguity. The
haziness of reality, the
potential for misreads,
and the mixed
meanings of conditions;
cause-and-effect
confusion.
VUCA WORLD
• These elements present the
context in which
organizations view their
current and future state.
They present boundaries for
planning and policy
management. They come
together in ways that either
confound decisions or
sharpen the capacity to look
ahead, plan ahead and move
ahead. VUCA sets the stage
for managing and leading.
VUCA WORLD
• For most contemporary
organizations – business, the
military, education,
government and others –
VUCA is a practical code for
awareness and readiness.
Beyond the simple acronym
is a body of knowledge that
deals with learning models
for VUCA preparedness,
anticipation, evolution and
intervention
Success in VUCA WORLD
• Always retain a clear
vision against which
judgements can be
made, with agility to
flex and respond
appropriately to rapidly
unfolding situations.
Success in VUCA WORLD
• Provide clear direction
and consistent
messaging against a
backdrop of continually
shifting priorities,
supported with the use
of new virtual modes of
communication where
necessary.
Success in VUCA WORLD
• Anticipate risks but don’t
invest too much time in
long-term strategic plans.
Don’t automatically rely
on past solutions and
instead place increased
value on new, temporary
solutions, in response to
such an unpredictable
climate.
Success in VUCA WORLD
• Think big picture. Make
decisions based as
much on intuition as
analysis.
Success in VUCA WORLD
• Capitalise on complexity. If
your talent management
strategy is working, then you
should be confident that you
have the right people in the
right place. This will enable
you to rapidly break down
any challenge into bite size
pieces and trust in the
specialist expertise and
judgement of those around
you.
Success in VUCA WORLD
• Be curious. Uncertain
times bring
opportunities for bold
moves. Seize the chance
to innovate.
Success in VUCA WORLD
• Encourage networks
rather than hierarchies
– as we reach new
levels of
interconnection and
interdependency
collaboration yields
more than competition.
Success in VUCA WORLD
• Leverage diversity – as
our networks of
stakeholders increase in
complexity and size, be
sure to draw on the
multiple points of view
and experience they
offer. Doing so will help
you expect the
unexpected.
Success in VUCA WORLD
• Never lose focus on
employee engagement.
Provide strategic
direction, whilst
allowing people the
freedom they need to
innovate new processes,
products and services.
Success in VUCA WORLD
• Get used to being
uncomfortable. Resist
the temptation to cling
on to outdated,
inadequate processes
and behaviours. Take
leaps of faith and enjoy
the adventure.
Success in VUCA WORLD
• Get used to being
uncomfortable. Resist
the temptation to cling
on to outdated,
inadequate processes
and behaviours. Take
leaps of faith and enjoy
the adventure.
VUCA world - Manu Melwin Joy

VUCA world - Manu Melwin Joy

  • 1.
  • 2.
    Prepared By Manu MelwinJoy Assistant Professor SCMS School of Technology and Management Kerala, India. Phone – 9744551114 Mail – manu_melwinjoy@yahoo.com Kindly restrict the use of slides for personal purpose. Please seek permission to reproduce the same in public forms and presentations.
  • 3.
    VUCA WORLD • VUCAis an acronym used by the American Military to describe extreme conditions in Afghanistan and Iraq. It stands for Volatile, Uncertain, Complex and Ambiguous.
  • 5.
    VUCA WORLD • Thisterminology is resonating with an increasing number of CEOs as we try to make sense of the constantly changing challenges brought on by politics, economics, society and the environment.
  • 7.
    VUCA WORLD • Weseem to be shifting from an approach based around problem solving and planning aimed at reducing uncertainty, to a world where progress is made by actively engaging with uncertainty, requiring higher levels of leadership agility.
  • 9.
    VUCA WORLD • V= Volatility. The nature and dynamics of change, and the nature and speed of change forces and change catalysts.
  • 10.
    VUCA WORLD • U= Uncertainty. The lack of predictability, the prospects for surprise, and the sense of awareness and understanding of issues and events.
  • 11.
    VUCA WORLD • C= Complexity. The multiplex of forces, the confounding of issues, no cause-and-effect chain and confusion that surround an organization.
  • 12.
    VUCA WORLD • A= Ambiguity. The haziness of reality, the potential for misreads, and the mixed meanings of conditions; cause-and-effect confusion.
  • 14.
    VUCA WORLD • Theseelements present the context in which organizations view their current and future state. They present boundaries for planning and policy management. They come together in ways that either confound decisions or sharpen the capacity to look ahead, plan ahead and move ahead. VUCA sets the stage for managing and leading.
  • 16.
    VUCA WORLD • Formost contemporary organizations – business, the military, education, government and others – VUCA is a practical code for awareness and readiness. Beyond the simple acronym is a body of knowledge that deals with learning models for VUCA preparedness, anticipation, evolution and intervention
  • 18.
    Success in VUCAWORLD • Always retain a clear vision against which judgements can be made, with agility to flex and respond appropriately to rapidly unfolding situations.
  • 20.
    Success in VUCAWORLD • Provide clear direction and consistent messaging against a backdrop of continually shifting priorities, supported with the use of new virtual modes of communication where necessary.
  • 22.
    Success in VUCAWORLD • Anticipate risks but don’t invest too much time in long-term strategic plans. Don’t automatically rely on past solutions and instead place increased value on new, temporary solutions, in response to such an unpredictable climate.
  • 23.
    Success in VUCAWORLD • Think big picture. Make decisions based as much on intuition as analysis.
  • 24.
    Success in VUCAWORLD • Capitalise on complexity. If your talent management strategy is working, then you should be confident that you have the right people in the right place. This will enable you to rapidly break down any challenge into bite size pieces and trust in the specialist expertise and judgement of those around you.
  • 25.
    Success in VUCAWORLD • Be curious. Uncertain times bring opportunities for bold moves. Seize the chance to innovate.
  • 26.
    Success in VUCAWORLD • Encourage networks rather than hierarchies – as we reach new levels of interconnection and interdependency collaboration yields more than competition.
  • 27.
    Success in VUCAWORLD • Leverage diversity – as our networks of stakeholders increase in complexity and size, be sure to draw on the multiple points of view and experience they offer. Doing so will help you expect the unexpected.
  • 28.
    Success in VUCAWORLD • Never lose focus on employee engagement. Provide strategic direction, whilst allowing people the freedom they need to innovate new processes, products and services.
  • 29.
    Success in VUCAWORLD • Get used to being uncomfortable. Resist the temptation to cling on to outdated, inadequate processes and behaviours. Take leaps of faith and enjoy the adventure.
  • 30.
    Success in VUCAWORLD • Get used to being uncomfortable. Resist the temptation to cling on to outdated, inadequate processes and behaviours. Take leaps of faith and enjoy the adventure.