Innovate OR Die – the rallying call of organizations in today’s Business V U C A Environment. So what is this V U C A environment?
Executives have taken to using the military acronym VUCA–Volatility, Uncertainty, Complexity, Ambiguity–to describe the business world in which they operate and to ask that question: In a VUCA world, what’s the point of strategy? Well, strategy does still have a purpose, but to build a strategy in a VUCA environment – it requires you to ignite more nuanced thinking.
It is also time to innovate the way you innovate. Here are some counterintuitive yet proven strategies for boosting innovation and making it a repeatable, sustainable and a profitable process.
Let’s take a LOOK!