It’s not just you; it’s not just me. The acronym VUCA is more popular than ever. The acronym stands for volatility, uncertainty, complexity, and ambiguity.
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CEOs and other executives have plenty to keep them up at night: the possibility of shifting economic cycles (i.e., recession), trade concerns, cyber security, acquiring and keeping top talent, adapting to changing customer preferences, regulatory influences on their business, and more.
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Scholars often cite naval aircraft carriers as prototypical examples of “high-reliability” organizations. Such organizations, they suggest, are able to engage daily with risky technologies in a remarkably safe manner because of the ways in which people interact, communicate, and adhere to common principles.
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In the face of VUCA, humility and transparency must reign supreme. And that starts with each of us being honest about ourselves.
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Our very own Steven Rogelberg has been featured in The Cut this month. Steven has a book which will soon be released, The Surprising Science of Meetings.
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