Leadership in the VUCA World – A Glimpse into a Few Learnings

Today we live in a VUCA (Volatile, Uncertain, Complex, and Ambiguous) world. As I’m writing this piece the SENSEX has fallen by 1625 points and the NIFTY by 490 points – never before in a single day in the history of the Index and Rs 7,00,000 crores wiped out of the market in a single day, the crude oil prices coming down to $43 a barrel and no sign of stabilizing thus making a number of ventures non-profitable and bringing them to a verge of closure, the future of Greece highly uncertain as to remain in the Euro or not, economy of China – the biggest industrial consumer slowing down, the Indian government finding it difficult to meet the expectations, the list being endless. Everything is changing – nothing has remained constant – businesses change, principles change, ideas change - new ideas and ways of living comes in and the older ones are thrown out. Such is the complexities that even our learning’s change. The leadership principles as well as the way they manage have changed and the learnings that can be drawn from various leadership styles also keep changing and adjusting according to the ever changing dynamic environment. The following study gives a glimpse into the learnings that could be drawn from it