Leading Change in a VUCA World
In a 1998 report designed to train officers for the twenty-first century, the United States War College presaged a world that is volatile, uncertain, complex, and ambiguous VUCA, for short. VUCA describes perfectly what is happening in the global business world today.
With the events of 2016Brexit, the election of Donald Trump, threats from terrorists and cybercriminals, climate change business leaders have entered a new era requiring new ways of leading . Traditional management methods seem no longer sufficient to address the volume of change we are seeing. I label this VUCA 2.0.
Business is not running as usual. Leaders must deal with growing uncertainty, complexity, and ambiguity in their decision-making environments. CEOs have little idea what to expect in terms of health care policy, financial transactions, national security, and global tradeall of vital importance to themselves, their employees, and their stakeholders.
Managerial training in the classic techniques of control systems, financial forecasting, strategic planning, and statistical decision making have not prepared them for this amount of flux in the environment.
In short, these rapid-fire changes are putting extreme pressure on business leaders to lead in ways not heretofore seen.
Write a fully referenced and supported report for the CEO of your organization, which addressed the issues identified in the above quote. The terms of reference are:
1. Analyze the implications for leadership and the management of strategic change in a VUCA environment (30% of mark). (1100 words)
2. Investigate and critically evaluate change leadership capability in your own organization “Etihad Airways” to deal effectively with such an environment (45% of marks). (1600 words)
3. Make and justify recommendations for the selection and development of VUCA change leadership capabilities in your own organization, “Etihad Airways” identifying and taking account of barriers to implementation. (25% of marks). (800 words)
I will add additional files to help support the report.
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