VUCA ENVIRONMENT
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Transcript of VUCA ENVIRONMENT
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WINTERTemplateDeveloping Leaders
in a
“VUCA Environment”
01
Prepared & Presented By: Neeraj Jain
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02Agenda
1. Introduction
2. The origin of VUCA
3. VUCA and leadership development
4. VUCA defined
5. The VUCA prime
6. Conclusion
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03Introduction
Today’s market rate of change is much different than in
the past.
Rapid changes warnings to all the businesses, institutions
and nation states.
Speed of change overwhelming the skill set of
leadership, flexibility & imaginations to adapt.
Strategic business leaders are calling this “A VUCA
environment”.
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03Introduction
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04Origin of VUCA
VUCA introduced by U.S. Army War College in late
1990’s.
“New Normal” - VUCA adopted by strategic business
leaders to describe chaotic, turbulent & rapid changing
business environment.
Example – Financial crisis of 2008-2009
Many businesses obsolete but few got success due to
adapt of new technologies like social media exploded
etc.
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05Leadership Development
Leadership agility and adaptability skills required in this
VUCA world to succeed.
Book “Leadership Agility: A Business Imperative for a
VUCA World” says:
Leaders must make continuous shifts in people, process,
technology and structure to succeed. This requires
Flexibility & Quickness in decision making.
Boston Consulting Group (BCG) says shifts Business
Models & Leadership Skills fast to become “Adaptive
Firms”. Example: Apple, Google, Amazon etc.
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05Leadership Development
HR & talent management professionals has to apply VUCA
model as a framework to re-tool leadership development
models for creating highly adaptive, skilled & agile leaders in
the organizations.
Company Spotlight: Unilever
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06What is VUCA
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07The VUCA Prime
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08Learning & Development
HR & Talent Management professionals must reframe leadership
development activities to focus:
Less on behavioral competencies
More on learning agility, self-awareness, comfort with
ambiguity and strategic thinking.
Steps Talent Mangers Can take:
1. Hire Agile Leaders.
2. Developing Existing Leaders to be Agile Leaders.
3. Foster an Organizational Culture that rewards VUCA
Prime Behaviors and Retains Agile Employees.
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09Conclusion
The Volatility, Uncertainty, Complexity and Ambiguity
(VUCA) is “New Normal” in today’s business world.
In VUCA World more strategic, complex critical thinking
skills are demanded from business leader to get the
organization success.
HR & Talent management professionals can help in
developing leaders who can counter Volatility, Uncertainty,
Complexity and Ambiguity (VUCA) with Vision,
Understanding, Clarity and Agility (VUCA Prime/ Antidote).
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