Worksheets1. VUCA and Futures Thinking Framework
Total questions: 30
Worksheet time: 15mins
What does VUCA stand for?
Volatility, Understandability, Complexity, Ambiguity
Volatility, Uncertainty, Complexity, Ambiguity
Volatility, Uncertainty, Credibility, Ambiguity
Variability, Uncertainty, Complexity, Ambiguity
Which component of VUCA represents an unexpected or rapid change?
Complexity
Ambiguity
Uncertainty
Volatility
What is the willingness to try new things called?
Resilience
Ambiguity
Flexibility
Empathy
What is the lack of predictability or availability of information in events?
Volatility
Uncertainty
Complexity
Ambiguity
The interconnectedness of cause-and-effect forces or multiple factors difficult to categorize or control is termed as ________
Clarity
Agility
Ambiguity
Complexity
In the fast-paced world of technology, ambiguity refers to the speed of change in an industry, market or the world in general.
TRUE
FALSE
Fatema, James, and Ali were discussing a concept that refers to vague data, subject to multiple interpretations and the mixed meaning of conditions. What is this concept?
AMBIGUITY
COMPLEX
VOLATILE
In a rapidly changing market, products that are an absolute success today may disappear within one years’ time.
Volatility
Uncertainty
Complexity
Ambiguity
Hind quit her job to start her business, but she doesn’t know when she will start earning money and if her business will succeed.
Volatility
Uncertainty
Complexity
Ambiguity
Saeed is confused about what college course to enroll in because the university offers many courses that he likes.
Volatility
Uncertainty
Complexity
Ambiguity
Amna always wants to stay ahead in terms of the latest technology, so she keeps on buying every new model of cell phone. Which concept does this scenario best illustrate?
Volatility
Uncertainty
Complexity
Ambiguity
In 2000 onwards, the world moved from a comfortable global environment to the ……………………….. world.
BANI world
VUCA world
Robotics world
Digital Transformation world
What do you know about FUTURE THINKING?
Forward Thinking Approach
A Thinking Style
Latest Thinking Research
Do you need to be a FORWARD THINKER in your daily life?
Yes
No
Not Relevant
The correct order of the four stages of future thinking framework used in our class is:
Volatile, Uncertain, Complex, & Ambiguous
Discovery, Exploration, Description, & Investigation
Ladder of Inference, CLA, Scanning, & Impact Analysis
Planning, Exploring, Describing, & Developing
Some of the tools used in the planning stages are (select 2):
Backcasting
Ladder of Inference
CLA
Future Wheel
What is the stage called where we research the following question:
What is happening in the world around us and what is changing?
Planning Stage
Exploring Stage
Describing Stage
Developing Stage
What is the stage called where students research the following question:
What could different futures look like?
Planning Stage
Exploring Stage
Describing Stage
Developing Stage
What is the stage called where Mia and Anika research the following question:
What do we already know or not know about the future challenges we are trying to research?
Planning Stage
Exploring Stage
Describing Stage
Developing Stage
What is the stage called where Hannah, Mason, and Scarlett research the following question:
How can we move from the present to achieve our desired futures?
Planning Stage
Exploring Stage
Describing Stage
Developing Stage
The tools used in exploring stage are (select 2):
VUCA
Impact Analysis
CLA
Scanning
Which future do we plan for? (select 2)
desired future
preferred future
future we want to avoid
future we dream of
Why is it important for Ahmed and Hannah to think about multiple futures?
to predict important trends
to be able to forecast the future
to help them prepare for multiple futures
to react in a better way to what is happening around them
What is the best way to prepare for VUCA challenges?
Ignore the challenges
There is no way to prepare for VUCA challenges
Develop skills in planning, information management, expert knowledge application, and risk-taking
Develop competencies in reacting to challenges
What is a key skill in managing ambiguous situations?
communication
expert knowledge
planning
risk taking
What is an example of a volatile challenge?
The early part of 2020 when not much was known about COVID-19
Giving a presentation online with a lack of clarity about who will be there
Setting up international business
A large earthquake causing sudden price increases
What is a volatile challenge?
A situation with a lack of information
A situation with a large amount of information with many different interconnected parts
A situation when there is information but it is unclear what is causing a problem and no clear solution
A fast-paced and unexpected or unpredictable situation
What is the relationship between expert knowledge and managing complexity?
There is no relationship
Expert knowledge can help deal with complexity
Expert knowledge can make complexity worse
Expert knowledge is irrelevant in complex situations
What is a key skill in managing uncertainty?
Expert knowledge
Information analysis and communication
Risk-taking
Planning
What is a key skill in managing volatile situations?
Planning
Expert knowledge
Communication
Risk taking
