April 28, 2021
How to create more predictability, certainty, simplicity and clarity in your life. Especially in large international companies, the acronym VUCA is frequently used to describe the world we live in. It stands for volatility, uncertainty, complexity and ambiguity. Coined in 1987, the acronym became popular in the early 2000s as businesses realized that a different type of organizational structure and leadership style were necessary to succeed in the increasingly unpredictable and rapidly changing environment resulting from globalization and digitalization. Organizations needed to become more flexible and responsive, and started moving away from fixed, hierarchical structures. Leaders were challenged to lead by providing vision, inspiration and support to their people, empowering them rather than telling them what to do as in traditional command and control environments. Matrix organizations, agility and transformational leadership are all examples of responses to VUCA.
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