Uncertainty, Volatility, Complexity and Ambiguity.
Financial Market is UVCA. Society is UVCA. Internet is UVCA. Your career is UVCA too. Do you believe it?
recently, everything changes so fast. There is nothing forever except change. In other words, nothing is certain. Everything got its own cycle and goes up and down; product life cycle, economic cycle, ecology cycle and even your life. That's volatility. Volatility mean you have to protect yourself in bottom and take the initiative at the peak. Because of globalization, everything became more complex. Everything links between each other. It is very difficult to figure out a single true answer or explanation of a problem.
How to tackle UVCA?
We are in a changing world. We have to adapt this, understand it.
Inspiration from " Leadership The Army Way"
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