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Leading in the VUCA World

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  The VUCA world In 2020s, there are no hard and fast rules for managing businesses any more — as the world has gone “VUCA” — volatile, uncertain, complex and ambiguous. In VUCA world the hierarchical organization model is finished and new models are emerging but there is no one dominant model that works for everyone. New times call for new rules but there is no thumb rule for every industry and every situation. Out of the five most valuable companies in the world in 2009, only Microsoft still retains a place in the list. In the VUCA world, competency comes with an expiry date, and it is as true for organizations as it is for people. How VUCA impacts on Leadership? The technologies that are amplifying change are also the tools to manage it more effectively. In Deloitte’s “ 2019 Global Human Capital Trends ” survey, 80 percent of respondents agreed that the 21st century has imposed new requirements on business leaders. It is due to various elements of our connected and digital lives. To

Reluctant / Introvert Leaders

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  Warren Buffett Topping our list of impressive introverted leaders is the investment guru, billionaire, philanthropist Warren Buffett. Known as the “Oracle of Omaha,” Buffett is one of the world’s richest men and a respected financial leader. Behind the legend and hype, Buffett’s introversion is an indelible part of who he is – presenting both strengths and challenges to his eventual rise to success. The most valuable of those strengths may very well be Buffet’s ability to comprehend the abstract.  Andy Hinds , in his article “ Warren Buffett: The World’s Richest Introvert ,” shares: As Buffett explains in the  Bloomberg documentary , his success is partially due to making concrete sense of the abstract: “If you look at the market as buying pieces of businesses, you will be able to see when the market is wrong.” By peering through the numbers to the underlying reality, Buffett has been able to fly in the face of conventional wisdom and consistently outperform the market. A  2012 study