We are in the age of rapid multiple changes impacting life and businesses all over the world. The acronym VUCA (Volatile, Uncertain, Complex and Ambiguous) has been and still in use to describe technological and cultural changes and their impact on the daily lives of people and business organisations. In fact, this term has been used to create meaning keeping in view the uncertainties in a world of constant change, and increasing thrust on interconnected digital world. The situation became more complex with the impact of corona pandemic which made VUCA descriptor insufficient to describe emerging anxieties and threats of the situation. The world moved from volatility and complexities to a chaos and a new acronym BANI (Brittle, Anxious, Non-linear and Incomprehensible) coined by Futurologist, Jamais Cascio as a model focused on helping business leaders to manage situations that are chaotic and develop a way to effectively manage situation to suit their business. Further, the situation has become more complex with world economy showing the downward trend, inflation and recession...
Learning & Development
Coaching approach to navigate through business complexity and uncertainty
April 1, 2023
The impact of coaching can be seen in tackling the challenges by employees concerning their job-related business priorities. They will be prepared to deal with uncertainty and change with confidence and mutual trust.
Dr. Arun Kumar Sinha
is Adjunct Professor, Indian Institute of Management, Sambalpur. He is former Senior Vice President & Functional Head - HR & WCMDomestic Textile Business, Aditya Birla Group.
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Dr. Arun Kumar Sinha
is Adjunct Professor, Indian Institute of Management, Sambalpur. He is former Senior Vice President & Functional Head - HR & WCMDomestic Textile Business, Aditya Birla Group.
November 2024
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