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Tuesday, 4 April 2017

The VUCA World - Who Cares

So much is talked of our world - that it is filled with Volatility, Uncertainty, Complexity and Ambiguity. Every time, one or more of the VUCA elements set in, there are opportunities waiting to be exploited.  So, I am not sure what worries us? In fact, we should be happy. This world is throwing so many opportunities at us and we are not using them.

All of us settle in to a comfort zone and just don't like to be disturbed. Any change that is likely (even remotely) to get us out of this comfort zone becomes a massive change and we struggle to accept this change. I am sure many of us who have lived in different cities and/or countries will vouch that each time we shifted, it was a huge task. Once we moved mentally, the physical move was a breeze. Many of us struggle to make this mental move and so, everything else becomes difficult. How many times have we searched for jobs in the city that we live in? We may not like the organization that we work for but we don't move till we get a better role/job in the same city - hopefully, closer home!!! And guess what, we have reasons for this - family, children's schooling (as though other places in the world don't have schools), and the like - I am sure you get the drift.

Recently, I talked to a Leadership group on the VUCA world. To me a VUCA world is a bundle of opportunities that we should welcome with both arms open rather than fear. This comes with years of conditioning that "change" is good. Look at the disruption happening around in this world. As the old order gives way to the new, some companies who still embrace the "old" are struggling while those who are riding the "new" wave are enjoying this change. One of the leaders commented that a lot of these changes are far away from India and would take few years to come. So, he still had time to sweat the assets that he had in the "old" wave. Whilst he was partially correct, I asked him as to what he is doing to re-skill his large organization as they will not be in a position to handle the new requirements. He responded that his teams have identified the "good" ones and are spending on their training and also investing on them to bring in the new wave. However, he planned to let go many others as they were unwilling to embrace the change. I asked him if it was easier to just re-train his staff rather than hire new ones because they were used to the culture of his organization, they were with him for years, etc. His response was that it was easier to buy out the skill sets by hiring instead of spending money on re-training those who just didn't want to get re-trained.

This is the crux of most of the VUCA issues. We don't want to move out of our comfort zones to re-skill ourselves. Over my career spanning 35 years, I have re-skilled myself over 10 times - once every 3 years!!! And, I expect this to become once every 2 years as technology becomes all pervasive. What made it easy for me to re-skill continuously? It was the ability to manage myself, read the needs of the market, prepare myself for change and actually change. 

So, it all starts with you!!! If you are ready to change, the VUCA world will actually mean nothing. All this talk of VUCA Leadership, etc all starts and ends with the individual. Manage yourself and you will manage the ever changing world around you. VUCA would then read as Velocity (or Vision), Unorthodoxy (or Understanding), Co-Creation (or Collaboration or Clarity) and Abundance (or Agility)....you will be in a position to decide how the acronym should read!!!

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