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Decision making in a VUCA context

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Abstract

Purpose: strategic decisions are mostly taken in VUCA (volatile, uncertain, complex, ambiguous) environments. Building management strategies in a VUCA context requires a characterization and understanding of each these terms. Methodology: each VUCA term is discussed from the perspective of the decision and complexity sciences with the objective of disentangling the underlying concepts. Findings: we provide a taxonomy for these terms which is used to characterize the different steps of a decision problem by the type of “VUCAlities” to be resolved. Moreover, a decision situation can also be analyzed and characterized with respect to a diagnostic grid composed of VUCA dimensions. A turnkey use of the VUCA grid for decision situations is proposed. Originality: the paper provides a new and unified conceptualization of VUCA, from the perspective of the decision and complexity sciences, used to describe the principal issues of a decision situation with potential relevant resolution methods
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Dates and versions

hal-03763719 , version 1 (29-08-2022)

Identifiers

  • HAL Id : hal-03763719 , version 1

Cite

Roger Waldeck. Decision making in a VUCA context. 2022. ⟨hal-03763719⟩
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