May 2015
Intermediate to advanced
280 pages
8h 6m
English
Volatility, in the VUCA world, means greater frequency and scale of the uncontrollable, unpredictable events that alter the competitive landscape. In less-connected times, a local business might only be affected by local or national events. Today, because of connectedness, there are more pesky competitors, suppliers, regulators, stakeholders, and discontinuities in customer preferences in far-flung places that can buffet the business.
Faster business change is a necessary adaptation to this volatility, but that introduces additional business risk, which from my point of view is the natural volatility of change outcomes (SOCKS: shortfalls, overruns, consequences, killed, and sustainability). Change risk ...
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