VUCA is used to help leaders and organizations understand the world in which their business operates. The term VUCA is an acronym frequently used these days:Volatile
- Volatile
- Uncertain
- Complex
- Ambiguous
The term VUCA was originated by the American military to describe extreme conditions during warfare. VUCA has more recently been adopted by an increasing number of CEOs and organizations as a framework to approach different types of challenging situations brought about due to external factors such as politics, economics, society, advancing technology and the environment.
To provide insight on the relevance of VUCA for today’s leaders, and to highlight the importance of having the ability, skills and mindset to lead in VUCA world, the following list provides examples of each element:
