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Showing posts with the label sustainability

VUCA 2.0 and Board evaluation of Strategy.

VUCA 1.0 talked about Volatility, Uncertainty, Complexity and Ambiguity in the countries around the world and how this VUCA gets multiplied over the years with a purposeful push towards chaos. The laws of thermodynamics are called into play to describe what was chaos yesterday which has moved into the chaos of today and which will move into the chaos of tomorrow, with entropy increase. But to tackle VUCA 1.0 , I prescribed the following:   In a VUCA WORLD     - V olatile environment requires V ision to look beyond the immediate and prioritise     - U ncertainty   needs calm U nderstanding of the situation to be purpose driven      - C omplexity   demands C apability of mind to look at locks & keys      - A mbiguity   calls   for   A gility in the workplace to innovate, grow and excel. In VUCA 2.0 Bill George in his HBS article gives out a solution model instead o...