Opinions expressed by Entrepreneur taxpayers own.
Most business leaders can agree, the last few years have been anything but ordinary. From unprecedented circumstances like the global pandemic to record inflation, the atypical has become typical in our everyday existence. The acronym coined by the US military VUCA (volatile, uncertain, complex and ambiguous) is more relevant today than ever. It represents the challenges facing teams, business leaders, and organizations as we navigate uncertain times. These unpredictable forces require a new approach. Instead of looking to the past to rewrite our future, we would benefit from paving a new path to resilience, one that takes a holistic approach in today’s business environments.
As we face ongoing challenges without a playbook, leaders are navigating conditions for which our predecessors have not yet laid the groundwork. For many entrepreneurs, resilience has not been an imperative leadership characteristic. However, those who exhibit this quality are adjusting to chaos, honing a renewed sense of optimism, and seeking resources to lead forward.