Hi, have you heard of this term called VUCA (V-U-C-A)?
Do you want to know how to embrace the VUCA future? If yes, this video is for you.
Hi, my name is Dickson. And today I want to share with you
what is VUCA? Why you need to pay attention to that and what are the three
leadership skills that you need to pick up to
embrace yourself for the VUCA future?
Before I proceed, can I suggest that you click the subscribe or the follow button, so that you can receive
more content for me. Now, what is VUCA? VUCA basically is a term to describe
the
chaotic future, so VUCA (V-U-C-A) stands for... V stands for
volatile,
U stands for uncertain,
C stands for complex and A stands for ambiguous.
That means our
future is
increasingly of VUCA - increasingly volatile, increasingly uncertain, increasingly complex and
increasingly ambiguous. That applies to the social world, that applies to the business world and that applies to the
economies as well.
So, what is the best strategy that you can
embrace the VUCA future? Let me share with you three tips. If you are a leader, you want to
pick up three leadership skills in preparation for the VUCA future. The first one is you have to embrace this
leadership skill call the
"speed trumps perfection".
Speed trumps perfection.
So that is the number one leadership skill that you need to pick up for yourself, because you have to change your mindset.
You have to aim for speed, rather than perfection. In the traditional business world, we aim for perfection.
We want to make sure that we have the best product,
have the best strategy before we launch something to the market. But that no longer works in
the VUCA world. In the VUCA world, speed is super
important. If you are leader, make sure that you help yourself and help your team embrace
this mindset "speed trumps perfection".
That means make sure that you do something quickly - hash something out, launch something out. Speed is super important.
So that's number one skill. The second skill that you can pick up is
to embrace this
"constant beta" mindset. "Constant beta" - so what does that mean? That means
once you launch something to the marketplace , make sure that you keep on improving
the current product that you're
making available to the market. So that means you have to make
continuous improvement on your current version of products and services. That's why we call it the "constant beta" mindset.
So that means you probably need to launch a multiple version of your product like version 1, version 2, version 3,
version 4 and so on so forth. That is you have to keep on improving, you have to
keep on making the things better. This is what we call a "constant beta" mindset. Make sure that
yourself and your team is always on the tiptoe of innovation, on the tiptoe of
continuous improvement. So that's the number two.
Last but not least,
the leadership skill you need to pick up is to make sure that you
embrace the fast learning and fast unlearning. Fast learning and fast unlearning.
So what does that mean? That means you have to make sure that you and your team always learn new things fast
but, at the same time,
you also need to help yourself and your team unlearn things.
That means you have to dump away those like old mindsets, old ways of doing things. Because
the marketplace is changing so fast. The traditional thinking, the traditional way of doing things, the traditional work processes might not work
the next month. So make sure that you embrace the fast learning and fast unlearning.
So to recap - what are the three leadership skills that you need to pick up if you want to
embrace the VUCA future?
Number one, make sure that
you aim for speed. Speed trumps perfection.
And number two, have a "constant beta" mindset and number three, fast learning & fast unlearning.
So I hope this video sharing is something useful to you.
If you like this video, make sure that you share with your friends and colleagues. And make sure that you comment below and
click the like and subscribe button below me if this suits you. And once again, this is Dickson.
I hope you will be able to embrace the VUCA future. Cheers

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