VUCA – A New Approach to Leadership
The role of today’s leaders is made more complex by the current business environment. We live and work in a world that is changing at a pace that is hard to predict.
Organisations and the leaders within them are having to adapt more quickly and be more agile than ever before. It is no longer enough to just be a competent leader – the businesses that have not survived recent challenges did not all have poor leadership.
Modern leaders need a new approach. DCo build VUCA into Leadership Development Programmes for this reason.
What is VUCA?
VUCA is an acronym for an environment that is volatile, uncertain, complex, and ambiguous. It originated in the military from the 1990s as the world faced radically different threats and has interesting lessons for leaders operating in VUCA business environments.
How is VUCA applicable to your business?
The four categories of VUCA are critical for leaders to understand and manage:
Volatility: Unexpected or unstable challenges. This is clearly seen in global and financial markets, during economic downturns, with the increase in technology and connectivity.
Uncertainty: Basic cause and effect aren’t known. Forecasting is more difficult as the past is no longer an accurate way to predict future outcomes.
Complexity: Situations are interconnected with many variables. Organisations face multi-layered business challenges and the volume or nature of the variables can be overwhelmingly complex.
Ambiguity: Causal relationships are not clear. Situations are open to more than one interpretation and often lack a precedent. This lack of clarity can create the potential for misreading events. It requires managing ‘unknown unknowns’.
Our VUCA Leadership Programme prepares leaders to identify, get ready for, and respond to events in each of the four VUCA categories. Becoming competent in leading within a VUCA environment requires leaders to be able to demonstrate agility in predicting the results of their actions and assessing how much they know about situations. The training also enables leaders to explore the practical application of VUCA leadership and how this translates to the business culture, structure and operations within their sector and organisation.
Duration: Two Days
Numbers: Up to 12
Suitable For: Managers and Leaders
Find out more about the DCo VUCA Leadership Programme: 01437 721879