In the business world we are definitely living in VUCA times. VUCA is an acronym coined by the US military to describe the world after the Cold War. It has been applied to the business world since the financial crisis of 2008. It stands for Volatility, Uncertainty, Complexity and Ambiguity. The antidote to VUCA is Vision, Understanding, Clarity and Agility.
Effective 21st century VUCA world leaders create the conditions that allow themselves, their people and therefore their organisations to thrive.