VUCA is an acronym used for Volatility, Uncertainty, Complexity, and Ambiguity. This term was coined by the US army post-cold war and defragmentation of the USSR.
VUCA was initially used as an unforeseen condition for which there is no prediction and forecast is available. VUCA is the same way applicable in real-life business use cases also.
VUCA demands agile and resilience response which may come through Vision, Understanding, Courage, and Adaptability. VUCA Leadership is the most important trait of Business leaders that is also applicable for Supply Chain Professionals.
Checkout the same for complete understanding with application tricks for the current scenario especially in COVID19.
This was originally delivered to NMIMS, Indore students, and jointly organized by Prodencia Learning center and Sourcing and Supply Chain.
