“VUCA” (Volatile – Uncertain – Complex – Ambiguous) entered our vocabulary in the 1990s, and though it is often used to describe a military operation, there’s a good chance it describes your working environment, too.
The element of VUCA over which you have the most control is Uncertainty, which can create a negative impact on your business performance, client retention, and employee engagement. Though Volatility, Complexity, and Ambiguity may depend on forces outside of your control, the amount of Uncertainty in your organization is often up to you.
Uncertainty leads to performance problems when
- Your employees hesitate to take any action because they don’t know if what they do today will matter next week
- Innovation grinds to a halt because potential innovators may feel they are taking on too big of a risk by trying something new
- Clients are unwilling to buy products or sign contracts because they don’t know what the future holds for you
- Employees who are unsure about their future in the company choose to leave for a more stable environment.
Rather than missing out on opportunities and incurring new costs, a few simple steps can help you create a more stable environment. In this session we explore lessons learned from the military, government agencies, nonprofits, and the private sector, to help you find ways to reduce Uncertainty in a way that’s right for you, and improve your organization’s success.
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