What is VUCA and why is so important ?
VUCA is an acronym that stands for volatility, uncertainty, complexity and ambiguity, a combination of qualities that, taken together, characterize the nature of some difficult conditions and situations. The term is also sometimes said to stand for the adjectives: volatile, uncertain, complex and ambiguous. Volatility is the quality of being subject to frequent, rapid and significant change. In a Volatile market, for example, the prices of commodities can rise […] More