Volatility, uncertainty, complexity, ambiguity
Volatility, uncertainty, complexity, ambiguity (short: VUCA) is a term that describes a volatile, uncertain, complex and unclear state. This is an issue for digital leadership, for example, as a clear, agile approach is necessary in a VUCA world.
Acronym from the English:
VUCA: volatility (volatility), uncertainty (uncertainty), complexity (complexity), ambiguity
Survival in the VUCA world is also derived from the shortcut:
vision (Vision), understanding (Verstehen), clarity (Klarheit), agility (Agilität)Why this is interesting for a Chief Digital Officer (CDO)?
The Digital Mindset is the basis of every digitization. In principle, the rules of the game are completely different from those in the industrial world. Chief Digital Officers (CDOs) definitely need this mindset and must distribute it throughout the organization.
See also (glossary Digital Mindset)):
- Digital Mindset
- Digitalization barometer
- Digitalization index
- Digital Leadership
- Digital Native
- Volatility, uncertainty, complexity, ambiguity (VUCA)