WEBINAR BY EPCH LEADERSHIP STRATEGY in VUCA WORLD
WEBINAR BY EPCH LEADERSHIP & STRATEGY in 'VUCA' WORLD Prof. (Dr. ) S. P. Chauhan & Prof. (Dr. ) Surabhi Goyal Founders Faculty of Corporate Training & Development (FCTD)
������� ! This too shall pass
We are in the VUCA World ….
'VUCA' ENVIRONMENT V- VOLATILE U- UNCERTAIN C- COMPLEX A- AMBIGUOUS
V- VOLATILE SPEED OF CHANGE SIMPLE EXAMPLE : PRICE OF MASKS ������
U- UNCERTAIN UNPREDICTABILITY SIMPLE EXAMPLE : WILL THE VIRUS SPREAD WILD ������
C- COMPLEX MULTIPLE CAUSE & EFFECTS EXAMPLE : Business will get affected due to : Virus, Global lock down , International relationship, Govt support , Income, Etc ��������
A- AMBIGUOUS CONFUSION & STATE OF CHAOS EXAMPLE: Is Virus airborne or due to touch Will the lock down open or not ������ ��
'VUCA PRIME ' STRATEGY Bob Johansen , distinguished fellow at the institute for the Future ( USA) in 2007 V- VOLATILE ? ? ? U- UNCERTAIN ? ? ? C- COMPLEX ? ? ? A- AMBIGUOUS ? ? ?
'VUCA PRIME ' STRATEGY V- VOLATILE VISION : Goals, Activities & Timelines
'VUCA PRIME ' STRATEGY V- VOLATILE VISION : Goals, Activities & Timelines U- UNCERTAIN UNDERSTANDING: New skills & Innovative designs
'VUCA PRIME ' STRATEGY V- VOLATILE VISION : Goals, Activities & Timelines U- UNCERTAIN UNDERSTANDING: New skills & Innovative designs C- COMPLEX CLARITY : Decide your priorities One Problem at a time
'VUCA PRIME ' STRATEGY V- VOLATILE VISION : Goals, Activities & Timelines U- UNCERTAIN UNDERSTANDING: New skills & Innovative designs C- COMPLEX CLARITY : Decide your priorities One Problem at a time A- AMBIGUOUS AGILITY : Communicating & bringing back the energy
References Book by an Indian Writer on 12 companies which failed. Leader must remember to Fail fast , Learn fast & Fix fast
- Slides: 15