A client asked me to propose a one day’s training on VUCA because the recent COVID-19 pandemic had disrupted their business. The company’s board believes that the only way to deal with such shocks in the future is to embrace a mindset that could meet a business environment that is volatile, uncertain, complex, and ambiguous (VUCA). In my view the business environment has always been characterized by VUCA and so what is so new about VUCA that business management tools have not addressed. There are five things about VUCA that I intend to bring their attention during the one-day training.
I was first introduced to Agile just before I left IBM to join HSBC in 2006. I took no notice of it then because to it was IT way of justifying their existence and the cost of their production. Eighteen months ago, a client asked me what I thought about Agile as he was thinking to introduce to a company where he would be appointed as CEO. He wanted me to help him position Agile to bring the company to a new level of performance. Before I agreed to take on the assignment, I shared with him these five things about Agile.
I first read the “Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers by Alexander Osterwalder and Yves Pigneur” in 2012. I must admit that beyond these attractive illustrations it was a difficult to read, even though I was familiar with the literature on corporate strategy. It was till I was consulting on a digital transformation project that I found this book indispensable.
I learned 5 things how to get the best out of Business Canvas Model.