ORGANIZATIONAL RESILIENCE AND VOLATILE, UNCERTAIN, COMPLEX AND AMBIGUOUS ENVIRONMENT OF FIRMS IN PORT HARCOURT NIGERIA.
Anthonia Isi Suleiman-Hakeem, Benedict Chima Onuoha. Ph.D
management, University of Port Harcourt Business school
Organizational leaders in the 21st century face relentless changes in the business environments in which they operate. The diversity, intensity, and rapidity of these changes create volatility, uncertainty, complexity, and ambiguity (VUCA), which challenge leaders on ways to lead effectively as existing methods prove inadequate. The problem in this study was that of inadequate leader preparedness to lead and win in VUCA environments. The purpose of this study was to explore the corporate executives about their VUCA business environment and the strategies they employed for VUCA readiness and success using Questionnaire. However, from our analysis it shows that Leadership can to a considerable extent control the Volatile, Uncertain, Complex and Ambiguous environment of a firm influence as our results shows a significant relationship with all variables. The key recommendations for practice are to inculcate VUCA-readiness and organizational resilience principles in line with this studyâ€™s findings. The study findings may contribute to in providing strategies for organizational sustainability, firm success, business readiness, responsive leadership, and enhanced employee well-being.
Keywords: Organization, Resilience, Leadership, Volatility, Uncertainty, Complexity and Ambiguity
Journal Name :
EPRA International Journal of Economics, Business and Management Studies (EBMS)
Published on : 2021-07-24