Business Research in the VUCA World
DOI:
https://doi.org/10.12725/ujbm.54.0Keywords:
Business research, VUCA Acronym, Agility, Sustainability, New normalityAbstract
The purpose of this issue is to invite articles on the VUCA theme (Volatility, Uncertainty, Complexity, and Ambiguity), relevant to various crises. For example, the COVID-19 health crisis across the globe has affected many occupations leaving a double folded impact. VUCA is an opportunity for a few business organizations to realize their worthiness and an opportunity to revive their strategies to sustain themselves. VUCA is also an opportunity for business leaders to examine their abilities and leadership skills. Unpredictable environments give rise to more opportunities. Leadership skills can be mastered in the VUCA environment, as managers get ready to restructure and rethink the way of conducting business. This issue has accepted six articles from various fields of studies, which include Leadership, Entrepreneurship, Human Resource Management, Marketing, Consumer Behaviour, and Services Marketing. All the articles underwent a sequence of the review process and then were finalized for publication. This issue is rich in new ideas and gives opportunities for readers to access new information. All the articles have also contributed to a larger social impact, contributing to various stakeholders.
References
Abidi, S., & Joshi, M. (2019). The Vuca Learner: Future-proof Your Relevance. In The Vuca Learner: Future-proof Your Relevance. https://
doi.org/10.4135/9789353280772
Anat Garti. (2021). Using the Triaxial Model of Values to Build Resilience in a COVID-19 VUCA World. The European Business Review. Retrieved from https://www.europeanbusinessreview.com/using-the-triaxialmodel-of-values-to-build-resilience-in-a-covid-19-vuca-world/ ? cf_ chl_jschl_tk =651fdd9b390cff5c6f73dc656c5008f28cacbc15-161155760 7- 0-AcUnC5xgKPpJB8JMatULOCJW pvpz4tBpEh VV75t5Rz D7p1 Wl8mHwXU0SNqB5c
Arkenberg, C. (2019). Leading in a VUCA world How 21st-century leaders can find success amid volatility, uncertainty, complexity, and xv
ambiguity (VUCA) The technologies that are amplifying change are also the tools to manage it more effectively. Deloitte. Retrieved from https://www2.deloitte.com/us/en/pages/technology-media-andtelecommunications/articles/leading-in-a-vuca-world.html
Bartscht, J. (2015). Why systems must explore the unknown to survive in VUCA environments. Kybernetes, 44(2), 253–270. https:// doi.org/10.1108/K-09-2014-0189
Berry, H. (2006). Leaders, laggards, and the pursuit of foreign knowledge. Strategic Management Journal. https://doi.org/10.1002/smj.509
The business of Fashion, & McKinsey&Company. (2021). The State of Fashion 2021. Carlos Pérez-Vallejo. (2020). Quality of Leadership and Organizational Climate in a Sample of Spanish Workers. The Moderation and Mediation Effect of Recognition and Teamwork. Int J Environ Res Public Health, 17(1). https://doi.org/Int J Environ Res Public Health
Cesar Brea, Sanjin Bicanic, Yue Li, and S. B. (2020). Predicting Consumer Demand in an Unpredictable World. Harvard Business Review. Retrieved from https://hbr.org/2020/11/predicting-consumerdemand-in-an-unpredictable-world
De Giusti, A. (2020). Policy Brief: Education during COVID-19 and beyond. Revista Iberoamericana de Tecnología En Educación y Educación En Tecnología, (26), e12. https://doi.org/10.24215/18509959.26.e12
Deepika, D., & Chitranshi, J. (2020). Leader readiness of Gen Z in the VUCA business environment. Foresight. https://doi.org/10.1108/FS-05-2020-0048.
Di Pietro, G., Biagi, F., Costa, P., Karpiński, Z., & Mazza, J.(2020). The Likely Impact of COVID-19 on Education: Reflections based on the Existing Literature and Recent International Datasets. In Publications Office of the European Union, Luxembourg. https://doi.org/10.2760/126686.
Horstmeyer, A. (2020). The generative role of curiosity in soft skills development for contemporary VUCA environments. Journal of
Organizational Change Management, 33(5), 737–751. https:// doi.org/10.1108/JOCM-08-2019-0250
Leadership Skills in an Uncertain World. (2018). Center for Creative Leadership. Retrieved from https://www.ccl.org/articles/leadingeffectively-articles/leadership-skills-for-an-uncertain-world/
Levine, S. S., Bernard, M., & Nagel, R. (2017). Strategic Intelligence: The Cognitive Capability to Anticipate Competitor Behavior. Strategic Management Journal, 38(12), 2390–2423. https:// doi.org/ 10.1002/ smj.2660
Martin, S. R. O. and R. L.(2015). Two Keys to Sustainable Social Enterprise. Harvard Business Review. Retrieved from https:// hbr.org/ 2015/05/xvi two-keys-to-sustainable-social-enterprise
Nadler, R. (2020). Emotional Intelligence Leadership Needed in a VUCA World. Psychology Today. Retrieved from https:// www. psychologytoday.com/intl/blog/leading-emotional-intelligence/202003/emotional-intelligence-leadership-needed-in-vuca-world
Palter, R. N., Rehm, W., & Shih, J. (2008). Communicating with the right investors. McKinsey Quarterly, (2). Paul J. H. Schoemaker, S. K. (2013). Strategic Leadership: Essential Skills. Harvard Business Review. Retrieved from https:// hbr.org/ 2013/ 01/
strategic-leadership-the-esssential-skills Peter F. Drucker. (1984). Our Entrepreneurial Economy. Harvard Business Review. Retrieved from https://hbr.org/1984/01/our-entrepreneurialeconomy
Reilly, A. J. (1998). Three Approaches To Organizational Learning. 16.
Rockafellar, R. T. (2001). Under Uncertainty. (December 1997), 81–90.
Sinha, D., & Sinha, S. (2020). Managing in a VUCA World: Possibilities and Pitfalls. Journal of Technology Management for Growing Economies, 11(1), 17–21. https://doi.org/10.15415/jtmge.2020.111003
Suhayl Abidi, M. J. (2015). The VUCA Company. In Jaico Publishing House. The Newyork Times. (2008). The rise of the unpredictable consumer. Retrieved from https:// www.nytimes.com/ 2008/05/27/ business/
worldbusiness/27iht-consume.4.13247825.html Waller, R. E., Lemoine, P. A., Mense, E. G., Garretson, C. J., & Richardson,
M. D. (2019). Global Higher Education in a VUCA World: Concerns and Projections. Journal of Education and Development, 3(2), 73. https:// doi.org/10.20849/jed.v3i2.613
Weeks, C., Johnston, D., Mase, C., & Roy, T. (2020). Responding to the 2020 VUCA of COVID-19 Through Adaptive Change – A Case Study 1 VUCA: a system not just an acronym. 1–24