We always use the term “VUCA” to explain how life is difficult to survive and how business is difficult to run. In the past we used to speak a lot about it, little experienced, however during pandemic, we experienced what “VUCA” means.
We all know, VUCA stands for volatility, uncertainty, complexity and ambiguity.
Volatility: We are aware that everything in this world is liable to change, but what we need to understand is that the speed of the change is so fast that you can’t predict what will happen next. Sometimes the situation may get worse and extreme. The situation demands you to respond speedily so that it doesn’t go out of control.
The best way to deal with it is to create the future based on certain assumptions, find out the purpose in life and create the vision. And be agile in everything.
Uncertainty: In uncertain situations we get disoriented. We get a lot of information from different media but are unable to make the right decision. You are not sure what is there in the future for you.
In such circumstances, you need to take the action without hesitation. If required take a pause, look around and try to understand what’s happening in the world.
Complexity: With huge data around, different opinions and perceptions, it is difficult to take the right decision. There may be a lot of factors which are interdependent on each other. What you see, may not be the reality.
You can't avoid the complexity but you can translate it. Find out some sense from the situation, understand patterns, take a decision and act.
Ambiguity: Lots of situations and circumstances have different and difficult meanings and more than one interpretation. Perhaps you will get different answers from different people. The situation may be confusing. You get a lot of questions out of the syllabus in the exam of life.
To deal with it, you have to navigate easily to get the right information. Understand who can help you and build the credibility within the organization so that people trust you.
That's the key, replacing VUCA to another VUCA (Vision, Understanding, Clarity and Agility).
If you want to engage with VUCA, then following capabilities are crucial,
Sense Making: Sense making is the ability to determine the deeper meaning of what is expressed, said and listened. It is reading between the line and interpreting the suitable but relevant meanings. This is also an ability to filter the right and relevant information and understand how to maximise cognitive function using different tools and techniques.
Complexity translator: This is the ability to translate vast amount of data and information into abstract concepts and understand data-based reasoning.
Social Intelligence: Social intelligence is the ability to connect easily to others in a direct way to sense and stimulate the desired response and outcome from the networking.
Novel Thinking: Ability to think differently and come up with novel solutions which are out of the box.
Design mindset: It is the ability to represent and develop task and work processes for desired outcome.
If you are open to new ideas and willing to unlearn, learn and relearn, managing VUCA is the fun.
Please read the print replica of my latest book written for leaders on amazon kindle, Vitality in Human Resource: Adding human dimensions in HR processes
(Opinions are purely personal & does not represent my organization)