Organizational Agility, Visionary Leadership in the Age of VUCA

35 Pages Posted: 13 Nov 2020 Last revised: 3 Dec 2020

See all articles by Hershey H. Friedman

Hershey H. Friedman

Brooklyn College of the City University of New York

Date Written: November 11, 2020

Abstract

We live in a VUCA world with an environment that is volatile, uncertain, complex, and ambiguous. The coronavirus pandemic illuminates what happens to a firm or industry that lacks organizational agility and responds slowly to threats. Even before COVID-19, thanks to globalization, the internet, and exponential technological growth, no business was immune from early obsolescence. Organizations need new kinds of leaders, those with vision who can see where technology is going, hire adaptable employees, and can quickly change direction when necessary. This paper provides numerous examples of blunders ranging from missed opportunities to unethical practices.

Keywords: age of disruption, pandemic, VUCA, organizational agility, vision, business blunders, competency trap

JEL Classification: A22, A23, D81, G18, G21, I20, L20, L21, M14, M19, M31, Q20

Suggested Citation

Friedman, Hershey H., Organizational Agility, Visionary Leadership in the Age of VUCA (November 11, 2020). Available at SSRN: https://ssrn.com/abstract=3728372 or http://dx.doi.org/10.2139/ssrn.3728372

Hershey H. Friedman (Contact Author)

Brooklyn College of the City University of New York ( email )

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
466
Abstract Views
1,191
rank
91,072
PlumX Metrics