New leadership models for the VUCA world. Five leadership approaches to cope with uncertainty
New leadership models for the VUCA world. Five leadership approaches to cope with uncertainty

Author: Thorsten Mannherz

Publisher: GRIN Verlag

Published: 2017-10-18

Total Pages: 29

ISBN-13: 3668551677

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Seminar paper from the year 2017 in the subject Business economics - Business Management, Corporate Governance, grade: 1,3, University of applied sciences, Cologne, course: Soft skills & Leadership Qualities, language: English, abstract: This paper examines new leadership models for the VUCA world. Nowadays, companies have to deal with unknown competition from everywhere around the world. This has changed business worlds into worlds of volatility, uncertainty, complexity and ambiguity (VUCA). The study begins by investigating the aforementioned VUCA attributes within micro- and macro-economic business environments. Following, five models for leadership in the VUCA world are described. Afterwards, it focuses on finding similarities between the previously described models. As a result, five important areas are defined that leaders have to focus on in order to stay competitive in the VUCA world. These areas are: Communication, analysis, flexibility, team orientation and vision. Over the last three decades, globalization and progressive digitization drastically improved living and working conditions of many human beings around the world. People have gained permanent access to knowledge over the internet, customers can order products worldwide and former language barriers were dissolved by the introduction of software for instant language translations. For many businesses, these achievements came with several side effects. For decades, organizations were able to create reliable mid- and long-term strategic corporate plans, as companies were aware of their (local) competition and upcoming product innovations. In order to remain successful in the new VUCA world, leaders have to adapt their leadership skills and behaviors to the new conditions.

Managing in a VUCA World
Managing in a VUCA World

Author: Oliver Mack

Publisher: Springer

Published: 2015-07-15

Total Pages: 268

ISBN-13: 3319168894

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This book examines volatility, uncertainty, complexity and ambiguity (VUCA) and addresses the need for broader knowledge and application of new concepts and frameworks to deal with unpredictable and rapid changing situations. The premises of VUCA can shape all aspects of an organization. To cover all areas, the book is divided into six sections. Section 1 acts as an introduction to VUCA and complexity. It reviews ways to manage complexity, while providing examples for tools and approaches that can be applied. The main focus of Section 2 is on leadership, strategy and planning. The chapters in this section create new approaches to handle VUCA environments pertaining to these areas including using the Tetralemma logics, tools from systemic structural constellation (SySt) approach of psychotherapy and organizational development, to provide new ideas for the management of large strategic programs in organizations. Section 3 considers how marketing and sales are affected by VUCA, from social media’s influence to customer value management. Operations and cost management are highlighted in Section 4. This section covers VUCA challenges within global supply chains and decision-oriented controlling. In Section 5 organizational structure and process management are showcased, while Section 6 is dedicated to addressing the effects of VUCA in IT, technology and data management. The VUCA forces present businesses with the need to move from linear modes of thought to problem solving with synthetic and simultaneous thinking. This book should help to provide some starting points and ideas to deal with the next era. It should not be understood as the end of the road, but as the beginning of a journey exploring and developing new concepts for a new way of management.

Leaders Make the Future
Leaders Make the Future

Author: Bob Johansen

Publisher:

Published: 2015-12-17

Total Pages: 520

ISBN-13: 9781458767813

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We are in a time of accelerating disruptive change. In a VUCA world - one characterized by volatility, uncertainty, complexity, and ambiguity - traditional leadership skills won't be enough, noted futurist Bob Johansen argues. Drawing on the latest forecasts from the Institute for the Future - the first futures think tank ever to outlive its forecasts - this powerful book explores the external forces that are shaking the foundations of leadership and unveils ten critical new leadership skills. How adroit are you at dilemma flipping - turning problems that can't be solved into opportunities? Can you develop bio - empathy - the ability to learn from and apply the principles of nature in your leadership? Are you able to practice immersive learning - dive into very different - from - you physical and online worlds and learn from them? Johansen provides role models, tools, and advice to help you develop these and seven other future leadership skills. In addition, Johansen deals with two new forces that are shaping the future. The first is the ''digital natives'' - people fifteen years and younger who have grown up in a digital world. The second is cloud - based supercomputing, which will enable extraordinarily rich new forms of connection, collaboration, and commerce. In this thoroughly updated and expanded second edition, Johansen is joined by the prestigious Center for Creative Leadership. CCL's contributions help readers understand the new leadership skills by linking them to existing skills, and they provide analytics and exercises so readers can more fully develop these new skills.

Managing VUCA Through Integrative Self-Management
Managing VUCA Through Integrative Self-Management

Author: Sharda S. Nandram

Publisher: Springer

Published: 2017-05-06

Total Pages: 338

ISBN-13: 3319522310

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In this book, experts discuss whether volatility, uncertainty, complexity and ambiguity (VUCA) represent a challenge or a business opportunity. More intense debates on global climate change, increased turbulence in financial quarters, increased job insecurity and high levels of stress at the workplace are attracting attention in the context of organization behavior and entrepreneurship. Fear and confusion have become part and parcel of business, often undermining trust, cooperation and inspiration. As a response, a new way of organizing self-management has emerged. The book combines practical wisdom from East and West, to develop integrative self-management theory and practice; provides direction to support an integrative mind-set, integrative organization and integrative leadership; and presents VUCA as an opportunity and necessity for development and growth, rather than a threat.

Leading in a VUCA World
Leading in a VUCA World

Author: Jacobus (Kobus) Kok

Publisher: Springer

Published: 2018-11-28

Total Pages: 222

ISBN-13: 3319988840

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This open access book brings together works by specialists from different disciplines and continents to reflect on the nexus between leadership, spirituality and discernment, particularly with regard to a world that is increasingly volatile, uncertain, complex, and ambiguous (VUCA). The book spells out, first of all, what our VUCA world entails, and how it affects businesses, organizations, and societies as a whole. Secondly, the book develops new perspectives on the processes of leadership, spirituality, and discernment, particularly in this VUCA context. These perspectives are interdisciplinary in nature, and are informed by e.g. management studies, leadership theory, philosophy, and theology.

Leaders Make the Future
Leaders Make the Future

Author: Robert Johansen

Publisher: Berrett-Koehler Publishers

Published: 2012-05-07

Total Pages: 275

ISBN-13: 1609944887

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NEW EDITION, REVISED AND UPDATEDWhat are the new leadership skills needed to succeed in the decade ahead? In this second edition Bob Johansen, bestselling author and longtime CEO of the Institute for the Future, teams with the prestigious Center for Creative Leadership (CCL), not only describing and updating the 10 new essential leadership skills but also offering tools and techniques for developing and applying them.

Visionary Leadership in a Turbulent World
Visionary Leadership in a Turbulent World

Author: Rob Elkington

Publisher: Emerald Group Publishing

Published: 2017-06-30

Total Pages: 278

ISBN-13: 1787149145

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Visionary Leadership in a Turbulent World: Thriving in the New VUCA Context, is the thoughtful analysis of nine expert authors from around the globe who put VUCA under the microscope and take the reader on a journey that looks at VUCA from a number of different leadership perspectives.

Complex Adaptive Leadership
Complex Adaptive Leadership

Author: Nick Obolensky

Publisher: Taylor & Francis

Published: 2024-11-01

Total Pages: 330

ISBN-13: 1040277284

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Since its publication, Complex Adaptive Leadership has become a Gower bestseller that has been taught in corporate leadership programmes, business schools and universities around the world to high acclaim. In this updated paperback edition, Nick Obolensky argues that leadership should not be something only exercised by nominated leaders. It is a complex dynamic process involving all those engaged in a particular enterprise. The theoretical background to this lies in complexity science and chaos theory - spoken and written about in the context of leadership for the last 20 years, but still little understood. We all seem intuitively to know leadership 'isn't what it used to be' but we still cling to old assumptions which look anachronistic in changing and challenging times. Nick Obolensky has practised, researched and taught leadership in the public, private and voluntary sectors. In this exciting book he brings together his knowledge of theory, his own experience, and the results of 19 years of research involving 2,500 executives in 40 countries around the world. The main conclusion from that research is that the more complex things become, the less traditional directive leadership is needed. Those operating in the real world, nonetheless, need ways of coping. The book is focused on helping practitioners struggling to interpret and react to increasingly VUCA (Volatile, Uncertain, Complex, Ambiguous) times. The book will particularly appeal to practitioners wishing to improve their leadership effectiveness as well as for students and researchers in the field of leadership.

The Light and Fast Organisation
The Light and Fast Organisation

Author: Patrick Hollingworth

Publisher: John Wiley & Sons

Published: 2016-01-20

Total Pages: 224

ISBN-13: 0730328287

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Cut the organisational and operational dead weight to climb higher, faster The Light and Fast Organisation presents a blueprint for organisations looking to thrive in today's rapidly evolving business landscape. VUCA - Volatility, Uncertainty, Complexity and Ambiguity - has become the dominant mode of modern business, and leaders are overwhelmed. Competition and instability has increased while barriers to entry have fallen, chronic employee disengagement is on the rise and the global economic recovery is incredibly fragile; business leaders are uncomfortable, with threats to their business looming on all sides. This book proposes an alternative to the VUCA paradigm, one in which we learn to be comfortable with being uncomfortable, and a model for helping your organisation climb above the fray. Case studies from both business and mountaineering illustrate the benefits and practicalities of becoming light, fast, and agile and underscore the importance of self-awareness and self-reliance in minimising your exposure to risk. Business and mountaineering share many parallels, including frequent operation outside of the comfort zone. This book shows you the strong skills and effective strategies you need to reach the summit. Get comfortable with discomfort Adopt an 'Alpine Style' approach to business Operate outside of the VUCA paradigm Stretch outside your comfort zone to achieve more, faster Leaders must accept the current VUCA state and assess their preparedness, but it's possible to move beyond it by ingraining a 'light and fast' approach at the core of their organisations' values and operations. It's only through reaching beyond the 'safe' zone that we learn what we're made of, and build the foundations for successful leadership and teamwork. The Light and Fast Organisation is your practical coach for climbing the mountain, and your guide to the quickest route to the summit.