What does VUCA mean?

 VUCA is an acronym that stands for:

• Volatility: Rapid and frequent changes in the environment.
• Uncertainty: Lack of predictability; difficulty in forecasting future events.
• Complexity: Numerous interconnected factors making it hard to understand the whole picture.
• Ambiguity: Lack of clarity; difficulty in interpreting information and defining situations.

Essentially, VUCA describes a dynamic and often unpredictable environment where it's challenging to make decisions and plan for the future.

This concept is often used in business and leadership to describe the modern world, characterized by globalization, technological advancements, and rapid societal shifts.