Crisis as Opportunity – Transitioning to a New VUCA

All of us are passing through one our worst phases in living memory, with Covid-19 impacting humanity in unprecedented ways. We have been living in a VUCA (Volatile, Uncertain, Complex and Ambiguous) world for a while, but the ongoing pandemic is taking it to a different level altogether. Things will eventually get back to normal, but for all practical purposes, it will be a “new normal”.

Covid-19 – Crisis as Opportunity

When I was a child, I used to run to my father crying every time there was a problem. And he used to ask me if I wanted to be a warrior or a victim. I used to reply “warrior” and go back to try and solve the problem myself.

In the same vein, there are two ways to react to the ongoing crisis. We can sit back, let normalcy return, and pick up the pieces to rebuild our businesses. And complain about the government, the customer or whoever else we want to blame. Or, we can use it as an opportunity to lay a solid foundation for a speedy recovery.

It’s all about perspective.

We strongly believe that the VUCA crisis can be transformed into a VUCA opportunity, where the acronym stands for clear Vision, Understanding of wider perspectives, Clarity of decision-making process by going data-driven, and Agility to collaborate with different stakeholders to respond rapidly to challenges.

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Who do you want to be, warrior or victim?