Handling Volatile, Uncertain, Complex, and Ambiguous Changes Using the Real Time Action Strategy
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Option #2: Handling Volatile, Uncertain, Complex, and Ambiguous Changes Using the Real Time Action Strategy
Our world continues to turn. Standing still is no longer an option. In fact, as Motamedi (2020) stated, “The world is changing and becoming more volatile, uncertain, complex, and ambiguous (VUCA). Fast and smart decisions and actions are foundational to creating success” (p. 65). Review the article by Motamedi (2020) and select an industry that has had to make changes in a rapid manner due to the unpredictable nature of the external environment.
Motamedi, K. (2020). Action strategy and action knowledge (Links to an external site.). OrganizationDevelopment Journal, 38(1), 65-73.
As you know, since January of 2020, many organizations and industries have experienced large- and small-scale change efforts. Reflect upon an industry that has been greatly impacted by change. Then, provide the following information in your paper:
Provide details about the selected industry (e.g., its history, function, contributions to society, etc.).
Offer detailed information about why the industry-related change was necessary.
What internal and external market/industry-related factors influenced the change?
Explain which of the six real time strategic action scenarios applied to this change effort.
Explain how a change in the diagnosis or choice stage, when applying your selected six real time strategic action scenario, may have impacted the change’s outcome/direction.