Final FIle_3D Printing.

Leadership Challenges
The severity of the
world on the corporates.
What it demands from their leaders?
VUCA: the Origins
VUCA—the term first produced and implemented by
The U.S. Army War College to train their officers in the
response of collapse of the USSR in the early 1990s.
VUCA describes the volatility, uncertainty, complexity,
and ambiguity of the world after the Cold War.
Therefore, it was specifically a lesson learned from the
conditions arose due to the Cold War between the US
and USSR.
VUCA, which was once a military training term has
become trendy managerial acronym today. But what
made corporates to follow this acronym? One of the
reason is the Global Financial Crisis (GFC) of 2008—a
once-in–a-century financial crash. Nearly a decade later
we are still dealing with its fallout, and thinking of
another, even larger, debt-caused crisis. Presently, VUCA
is best acronym that encapsulates the impact of such
thunderstorms which are just begun to unleash upon the
globe.
VUCA: Actual world scenario
Therefore, VUCA designates unpredictable events in the
world, whether in case of a country like Afghanistan or
the case of an organization like Nokia. Afghanistan was
once known as a fast developing country with a healthy
economy. Similarly, Nokia was a leader in phone
manufacturing and was selling the most number of
phones across the world. In both cases, these two
elements have suffered a drastic fall from prosperity to a
great depreciation in their value.
These downfalls are the recent examples of
ineffectiveness in tackling rapid changes in defense and
in technological world respectively. Thus, neither
countries nor organizations and their leadership
strategies are spared in the today’s fluctuating world. Just
turning on 5 min news can show you the live volatility
and uncertainty in the world. One can see the end of
relative stability in the business, politics, or science
which ultimately forcing humans to be more dynamic,
aggressive, and prepared for upcoming disasters. This
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