Understanding VUCA and Decision-Making

Roberto is deciding on a high school track and needs to make an informed choice amidst uncertainty. The video suggests listening, observing, and prioritizing competitive intelligence to stay updated with industry news and develop new ways of thinking and acting in response to VUCA (Volatility, Uncertainty, Complexity, Ambiguity).

What is Roberto trying to decide?

• Which job to apply for

• Which track to choose in senior high school

• Which college to attend

• Which city to move to

What should you do when faced with uncertainty?

• Ask others to decide for you

• Gather information and make an informed choice

• Make a quick decision

• Ignore the situation

How can listening and observing help you?

• By making you more competitive

• By helping you develop new ways of thinking and acting

• By making you more popular

• By helping you avoid all risks

What does VUCA stand for?

• Vision, Understanding, Clarity, Action

• Victory, Unity, Confidence, Achievement

• Volatility, Uncertainty, Complexity, Ambiguity

• Value, Uniqueness, Creativity, Adaptability

Why is competitive intelligence important?

• To reduce workload

• To make friends in the industry

• To avoid falling behind in your industry

• To ensure you are always the leader