Innovation Scores High: HR Practices in Contemporary Industries to Battle the VUCA’S Burst
Journal Title: International Journal for Research in Applied Science and Engineering Technology (IJRASET) - Year 2017, Vol 5, Issue 5
Abstract
The VUCA concept which entails Volatility, Uncertainty, Complexity and Ambiguity gained relevance in the private sector with the onset of the financial crisis in 2008-2009, when companies and organizations all over the world suddenly found themselves facing turbulences in their business environments and in their business models. The transmission of the VUCA concept from the armed military environment to the engrossing field of business was clearly visible. The world is transitioning from a world of problems which demand elimination of uncertainty and solving the problem instantly to a world where dilemmas are a welcome and there is greater degree of patience and sense making. In current scenario the leaders are taking lessons from the military world to create paradigms for surviving in today’s turbulent business environment and where old styles of managing predictability are falling short. The effects of volatility, uncertainty, complexity, and ambiguity are felt strongly by the leaders all over in nearly every challenge they face and every major decision they make. Thus, the search is on for any new leadership anchors to grab onto. As of now these anchors are captured as the “antidotes” to VUCA and which is being called as “VUCA prime.” Uncertainty yields to “understanding,” the deliberate ability to stop, look, and listen. In uncertain situations, leaders need to take fresh perspectives and remain flexible with regard to solutions. Complexity is checkmated by “clarity” the deliberate effort to make sense of the chaos. In complex situations leaders need to make sure to collaborate with others and stop seeking permanent solutions Ambiguity is matched by “agility,” the ability of a leader to move quickly in applying solutions and communicate across people and organizations instantly. The ultimate keys of leading in a VUCA world include possessing the knowledge, mindfulness, and ability to create a vision and make sense of the world.
Authors and Affiliations
Dr. Alka Singh Bhatt
Keywords
Related Articles
- EP ID EP24250
- DOI -
- Views 264
- Downloads 8
Fuel less Generator: Review
All over the world, people live with the idea that it’s necessary to burn fuel in order to produce power that we can use. We have been persuaded that we have to buy coal, coke, timber, kerosene, gasoline, diesel, propan...
Multivariate Correlation Analysis for Detection of Denial-Of-Service Attack
In networking systems, many Web servers, Database servers, Cloud computing servers and so on, are now under threats from network attackers. One of most common types of attack is denial-of-service (DoS) attacks which cau...
Defeating scan based attacks on secure AES with on-chip comparison
Hardware implementation of Advanced Encryption Standard (AES) algorithms is subject to various attacks. The scan chains introduced for hardware testability open a back door to potential attacks. Here, a scan-protection...
An overview of some modifications proposed in Perturbation & Observation Maximum power point Tracking
Solar energy is one of the most important form of renewable energy in the present time because of rapid depletion of non renewable sources of energy. Solar energy is clean, safe and abundant in nature. Photo voltaic or...
Optimization of Turning Parameters of En-8 Steel Cylindrical Rods Using Taguchi Methodology
In this research the experiments were performed by using material specimens of EN8 to know the effect of different machining parameters on tool wear. The main objective of this study was to investigate the effect of cut...