VUCA worksheet(1).docx - UNDERSTANDING VUCA VUCA is an acronym used to describe today\u2019s world where things are changing quickly and the future is

VUCA worksheet(1).docx - UNDERSTANDING VUCA VUCA is an...

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UNDERSTANDING VUCA VUCA is an acronym used to describe today’s world where things are changing quickly and the future is uncertain. Match the words on the left with the meanings on the right. Part 1 WORD MEANING A: Volatile (3) 1: There is a lack of clarity or understanding about situations. There may not be enough information to understand a situation fully. B: Uncertain (2) 2: What is happening now is unclear and the future is unknown. C: Complex (4) 3: Change is happening fast and is often surprising. It’s hard to predict this type of change. D: Ambiguous (1) 4: There are many different factors in a situation, it’s not a simple problem. This can cause confusion. Part 2 Read the four situations below and decide which environment they describe: volatile, uncertain, complex or ambiguous. 1: An example of an Ambiguous environment can be seen in a business wanting to expand globally. In this global market to be successful a business has to understand the rules and regulations in different countries and also understand each country’s different cultural values and ways of doing business.
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