The world is changing, fast. We live and operate in a constant state of turbulence. Military planners (amongst others) have an official term for it. They call it VUCA – an environment of relentless Volatility, Uncertainty, Complexity and Ambiguity. In this state of VUCA, events coming at an organisation are increasing both in number and variety – at an unforgiving speed. It is survival of the fittest and the triumph of the most agile.
The VUCA World of today means that events coming at an organisation are increasing in number and variety and organisations need to respond quickly to these events in order to survive in the future. The South African Financial Services Industry is hurtling towards a VUCA World in a new way. Barriers are being eroded, competitors are emerging from non-traditional sectors and global players are here to stay.
You may be asking: how do I future-proof my organisation in a VUCA world?
In the next six weeks, Deloitte will help you answer six key questions that will enable you to not only future-proof your organisation, but triumph in this new world. Keep the human in Human Capital and thrive in a VUCA world is the first in a series of articles which will examine the building blocks of building a Human Resource capability that will enable your organisation to thrive in a world of constant volatility and change.
It’s time for organisations to step away from traditional paradigms around managing people, and focus on how to mobilise them towards organisational success.
What should you do now?
Contact us to learn more about building your HR capability for a VUCA world.