4 Keys to Thriving in an Unpredictable World
4 Keys to Thriving in an Unpredictable World
Fortune Magazine recently published its annual list of the largest U.S. corporations. Among the top 500, the names are all familiar. Only about 5% of the overall companies are newcomers or returnees. But understanding the challenges some of these companies have faced over the past years tell a clearer story of the shifting headwinds. One popular acronym today is VUCA which stands for Volatility, Uncertainty, Complexity and Ambiguity. According to writers Nathan Bennett and G. James Lemoine in the January-February 2014 issue of the Harvard Business Review (What VUCA Really Means For You), your level of VUCA reflects how much you know about your situation, and how well you can predict the results of your actions. (more…)