VUCA is not just applicable in businesses but also in our daily lives. In this pandemic, many shops have closed and everyone is digitizing to be able to adapt to the changes of the way people buy and the like. Under VUCA conditions, “building robustness around the effect. Make sure that your fishing boat doesn’t just survive a storm but also survives a shark attack.” Forecasting has always been a huge help for business leaders so that strategies and safeguards may be put into place.
The difficulty with this pandemic is that no one saw it coming. No one thought it would be this bad. This is where we either pivot or perish. We have to change our mindset in thinking that everything will go back to normal because it will not. We just have to live in this new normal and be resilient.