The term, VUCA, was first used by the military and is defined as dealing with:
V – Volatility: Anticipating and reacting to the nature and speed of change
U – Uncertainty: Maintaining effectiveness despite constant surprises and lack of predictability
C – Complexity: Navigating through complexity, chaos, and confusion
A – Ambiguity: Acting decisively without having clear direction & uncertainty
VUCA is used to describe today’s current world of work. We are now right in the middle of this new working environment. How different is this from the preceding work environment? It is very different.
The New Operating Dilemma – Impact of VUCA on Leadership
A majority of executives say that current leadership has the skills to manage talent effectively in the world of disruption. Global Leadership Forecast asked leaders to assess their readiness to execute. Their
self-assessments are sobering:
The latest research specifically regarding VUCA-Ready leaders:
How do current leaders rank on the VUCA Leadership Readiness?
What makes this information so important?
If we can finally accept that we are living in a VUCA world, we must also acknowledge that this acceptance must change our perspective on everything organizational. This is critical, especially when our organizational structures support the old operating paradigms. We must now question every one of our existing structures and processes to determine if they are still relevant. It starts by assessing every organization’s readiness level of its current leadership and every employee. Every employee needs to be able to work in a VUCA world.
Critical New Skills Required in the VUCA world:
Continual VUCA Human Capital Assessment:
At all employee levels, success in the VUCA world requires the following:
Start to assess how your organization measures up against the impact of VUCA on your business. Equally important, how do your people perform against the new VUCA skills? At Phoenix Strategic Performance, we have both a proprietary organizational alignment process and an employee assessment platform and database designed to meet the challenges of working in a VUCA World.
How do your people perform against the new VUCA skills? Start to assess how your organization measures up against the impact of VUCA on your business. Take our VUCA Stress Test.