In this episode we discuss the two higher levels of uncertainties businesses face.

Reference and recommended reading : Courtney H, Kirkland J and Viguerie P, “Strategy Under Uncertainty”, Harvard Business Review, November – December 1997 

Key words - VUCA, Volatility, Uncertainty, Complexity, Ambiguity, VUCA World, VUCA Environment, how to manage uncertainty in business,

In this episode we discuss the two lower levels of uncertainties businesses face.

Reference and recommended reading : Courtney H, Kirkland J and Viguerie P, “Strategy Under Uncertainty”, Harvard Business Review, November – December 1997 

Key words - VUCA, Volatility, Uncertainty, Complexity, Ambiguity, VUCA World, VUCA Environment, how to manage uncertainty in business,

In this episode we discuss the 4 types of complexities businesses face and how to tackle them.

The four types of complexities are

Designed Complexity

Inherent Complexity

Imposed Complexity

Unnecessary Complexity

Reference and recommended reading: Birkinshaw J and Heywood S, “Putting organizational complexity in its place”, McKinsey Quarterly, May 2010

This podcast explains how to manage complexity in business.

It is harder to predict what will happen, and harder to make sense of what is going on in a complex system. So centrally managing such a system is difficult. 

Reference and recommended reading: Birkinshaw J and Heywood S, “Putting organizational complexity in its place”, McKinsey Quarterly, May 2010

Key words

Complexity, Uncertainty, Volatility, Ambiguity ,VUCA World, VUCA Environment,  

how to cope with complexity, how to manage complexity in business,

This podcast explains how to manage uncertainty in business.

Uncertainty, is lack of knowledge. Will an event have meaningful impact? 

Will it create significant change in business, economy, or society? Forecasting becomes very difficult, and decision-making, challenging. Mangers do not know how to plan the best response. 

Reference and recommended reading : Courtney H, Kirkland J and Viguerie P, “Strategy Under Uncertainty”, Harvard Business Review, November – December 1997 

Key words

Uncertainty, Volatility, Complexity, Ambiguity ,VUCA World, VUCA Environment,  

how to cope with uncertainty, how to manage uncertainty in business,

Volatility in business and finance is occurring frequently now a days. It has increased in intensity and persists for longer durations compared to the past.

We see volatility all around in the stock markets, foreign exchange markets, in price fluctuations of crude oil, agricultural commodities, minerals and metals and many more markets. In recent years, crypto currencies are well known for their volatility.

Key words

Volatility

Volatility in business, volatility in markets, volatile environment,

VUCA, Uncertainty, Complexity, Ambiguity, VUCA World, VUCA Environment,

how to cope with volatility, how to manage volatility in business