Today we live in a high volatile environment, the acronym “VUCA” is used to better describe it. The meaning of its letters is: Volatile, Uncertain, Chaotic and Ambiguous, they are amplified by the next 4 trends:
1. Market Volatility, which is composed by the conditions of uncertainty due to access to opportunities and consumption democratization.
2. The Global Environmental Crises. Where business continuity operations have accelerated remote work and digital transformation as the new normal (Uncertainty).
3. The disruptive technologies, are changing traditional processes which will never be the same again (Chaotic).
4. It is attenuated by the Abundance Mindset, the value chain of big business is being decomposed by small companies, the disruptive potential of entrepreneurs has never been so high (Ambiguous).
Agile help us to increase the abilities to manage the frequency of change in the Business Priorities, to navigate this environment we need a more agile business.
#BusinessAgility #VUCA #AgileTransformation