Monday, October 26, 2020

Business Skills All-In-One For Dummies


Find Workplace Success    PDF Version Only $9.99

There are some things that will never go out of style, and good business skills are one of them. With the help of this informative book, you’ll learn how to wear multiple hats in the workplace no matter what comes your way—without ever breaking a sweat.

Compiled from eight of the best Dummies books on business skills topics, Business Skills All-in-One For Dummies offers everything you need to hone your abilities and translate them into a bigger paycheck. Whether you’re tasked with marketing or accounting responsibilities—or anything in between—this all-encompassing reference makes it easier than ever to tackle your job with confidence.

  • Manage a successful operation
  • Write more effectively
  • Work on the go with Microsoft Office 365
  • Deal with marketing, accounting, and projects with ease

If you’ve ever dreamed about being able to juggle all your work responsibilities without ever dropping the ball, the book is for you.

From The Inside Flap

7 Books In One!

Find Success In The Workplace

You need to know a lot to succeed in business these days, and this book helps you get a handle on seven fundamental business skills, regardless of industry. Discover how to read a financial statement, manage projects, products, and supply chains, and utilize your network to grow your business. Gain valuable digital marketing and business writing skills to improve your emails and copywriting. Put yourself in control of your future at work with the help of this book!

7 Books Inside…

Reviews :-

An excellent compendium of 7 business topics that provide a sound basis for any beginner…

Reviewed in the United Kingdom on August 22, 2018…

When I obtained this book, I was very much a novice when it came to understanding business, both in the fundamentals of how to set-up and structure a company (for me this was a limited liability company) as well as the day to day operational management. This book has been exceptional in terms of taking me from a complete novice to someone with a good overview of the different types of companies, marketing and operational processes such as decision making, project management and accounting to name but a few. I would highly recommend this to individuals who are in a similar circumstance.

This book boasts to be a compendium of 7 other previously written dummies books in the Wiley series and this has certainly been my experience having read through the book. These amalgamations include Accounting, Operations Management, Decision–Making, Project Management, LinkedIn, Business Writing and Digital Marketing. As you might expect from a compendium, each is a standalone section in its own right which provides a solid basis upon which to learn from. From a reader perspective, it takes you through the very basics, with no prior knowledge assumed and builds upon this understanding page by page. Like all the dummies series, there are periodically “tips”, “warnings” and “remember” points that help to articulate to the reader the key messages to take away from the chapter. Despite being a compendium, the book flows well in terms of content and structure.

There were several sections within the book, such as LinkedIn that were not really applicable to me and the company I was establishing, and although I skim read these for interest and reference, I could have quite happily skipped these without having an impact upon understanding future chapter content. I particularly found that both the blogging for business and following up with email marketing were particularly helpful chapters and gave me lots of ideas for how I could implement these for my own business.

Overall, I found this book to be a really helpful overview for all the business related information that I needed to understand from the beginning. It has also provided me with many external links to further my knowledge in particular areas for my own business needs and for this reason, I think this is a 5 star book.

For More Details; Kindly Visit :- Amazon :- https://amzn.to/3mnhS6B     Kindle Edition :- https://amzn.to/35z7a67

Publication Date : March 16, 2018

Language: : English

Publisher : For Dummies; 1st Edition (March 16, 2018)

Print Length : 720 pages

 

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Sunday, October 25, 2020

Science Reveals The Perfect Time To Drink Coffee For A Healthy Metabolism

It's a vicious cycle: Stay up late into the night and revive yourself upon waking with a cup of strong coffee. While the caffeine may perk you up, it could also have a negative effect on your metabolism, new research suggests.

According to the new study, published in the journal British Journal of Nutrition, a single bad night's sleep isn't likely to acutely impair metabolism. Having coffee before breakfast the next day can.

In the experiment, participants who drank strong, black coffee after a disrupted night's sleep, and followed that up with a sugary drink had impaired blood sugar control — a marker for metabolic dysfunction.‌‌

"It may be better to wait until after breakfast to have coffee following a bad night of sleep — rather than before breakfast in order to balance the stimulating effects of the coffee with their potential to disrupt glucose metabolism," study co-author Harry Smith, a researcher at the Centre for Nutrition, Exercise & Metabolism at the University of Bath, tells Inverse.

Moderate coffee drinking is linked to health benefits like lower risk of heart disease, certain cancers, and neurological conditions, so the findings "don't mean that coffee can't be part of a healthy balanced lifestyle," Smith adds.

What the research does say is that it may be worth considering when to down your java.

Coffee experiment — To determine how broken sleep and morning coffee influence metabolic function, researchers recruited 29 healthy men and women. The group participated in three overnight experiments in random order:

  • Participants had a normal night's sleep (approximately eight hours) and consumed a sugary drink upon waking in the morning.
  • Participants experienced a disrupted night's sleep (where the researchers woke them every hour for five minutes using specially designed texting prompts) and then upon waking were given the same sugary drink.
  • Participants experienced the same sleep disruption but were first given a strong black coffee (including approximately 300 milligrams of caffeine) 30 minutes before consuming the sugary drink.

At the start of the study, researchers measured participants' height, weight, and waist circumference along with health metrics like sleep quality, mood, and appetite. After completing each condition, researchers took samples of the participants' blood after drinking the sugary drink. The drink was designed to mirror the calories of a typical breakfast.

The health impacts of a cup of joe — The scientists found that one night of broken sleep did not affect people's insulin sensitivity or glucose tolerance —two markers of metabolic health — the next day, compared to a full night of sleep.

The study may be reassuring for those who occasionally miss out on their full eight hours of rest. But those who regularly lose out on snoozing time aren't out of the woods, metabolically speaking.

"More severe acute sleep disruption and/or chronic sleep disruption have been associated with impaired glucose metabolism and increased risk of developing type 2 diabetes, and cardiovascular disease," Smith notes.

The results may throw a wrench in the morning routines of avid coffee drinkers.

In the study, consuming strong, black coffee after broken sleep substantially increased the blood glucose response to breakfast by around 50 percent. This shift doesn't necessarily put someone at risk for diabetes or other metabolic disorders, but the scientists say it could influence health if the spike occurs habitually.

"Single occasions of elevated blood glucose responses such as in the study can be predictive of cardiometabolic events in the future, and this response repeated over a long period of time certainly could have an impact on health such as reduced insulin sensitivity," Smith explains. Still, other factors such as physical activity need to be considered when predicting long-term outcomes.

Shifting coffee routines — Taken together, these findings suggest drinking coffee after a bad night's sleep can make you feel alert, but may limit your body's ability to tolerate the sugar in your breakfast.

That's because the caffeine contained in coffee beans has a negative effect on sensors in the muscle that help take glucose out of the blood, therefore resulting in this higher blood glucose response, Smith explains. Caffeine also stimulates a greater release of lipids into the blood which also negatively impacts our muscles' ability to take glucose out of the blood.

"If this scenario of caffeinated coffee before breakfast is continued over a prolonged period it is possible that this may have longer-term health implications, however, it is also likely that our body clock may adjust to the morning spike in blood glucose," Smith says.

More, larger randomized clinical trials are needed to hammer out exactly how coffee routines impact daily metabolic function. But for now, these findings suggest people should consume their bean juice after breakfast, not before, to support a healthy metabolism.

"We know that nearly half of us will wake in the morning and, before doing anything else, drink coffee - intuitively the more tired we feel, the stronger the coffee," study co-author James Betts, co-director of the Centre for Nutrition, Exercise and Metabolism at the University of Bath, said in a related statement. "This study is important and has far-reaching health implications as up until now we have had limited knowledge about what this is doing to our bodies, in particular for our metabolic and blood sugar control."

Coffee is the world's most popular beverage, so drinking morning coffee at the perfect time is useful information for billions of individuals.

"Put simply, our blood sugar control is impaired when the first thing our bodies come into contact with is coffee especially after a night of disrupted sleep. We might improve this by eating first and then drinking coffee later if we feel we still feel we need it. Knowing this can have important health benefits for us all."

LONGEVITY HACKS is a series on the science-backed strategies to live better, healthier, and longer.

HOW THIS AFFECTS LONGEVITY — People who drank strong black coffee before breakfast after a bad night's sleep had impaired metabolism and blood glucose tolerance. Scientists aren't sure what this coffee drinking habit would lead to over time but say there could be negative long term effects.

WHY IT'S A HACK — Other studies show coffee can help protect the heart and promote longevity. But this study suggests when you have it can be a crucial factor to avoid unintended effects on metabolism.

SCIENCE IN ACTION — Scientists suggest drinking coffee after breakfast, not before, to support a healthy metabolism.

HACK SCORE OUT OF 10 — ☕️☕️☕️☕️- Health experts recommend limiting coffee intake to four cups per day.

Thanks to Inverse
https://www.inverse.com/mind-body/the-abstract-breaking-bad-how-to-create-positive-changes-that-stick/amp

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Saturday, October 24, 2020

4 Ways To Build Organizational Resilience

This pandemic has demonstrated just how brittle our society is. A tiny virus has drastically upset our lives, our economies and our societies. In a time like this, resilience—the ability to adapt and bounce back—will be one of the most important characteristics that will help us recover.

But how do we design our organizations for resilience? Here are four things to consider: 

1. Resilience Demands Distributed Control With Centralized Coordination, Not Centralized Control With Distributed Execution. In order to prepare for the unforeseen, the military branches have developed highly trained, distributed teams that are enabled and empowered by coordination and data. We need to consider such a model in HR.

Traditional HR was seen as a low-cost, high-value service function—one that responded to employee needs and delivered services at scale. This is not the optimum model in a crisis. We need to distribute authority fast, make sure teams have the capabilities needed and coordinate the response.

Early this year, the senior executives of a global retailer heard from HR leaders in Italy and China that they were letting employees go because customers were not patronizing the stores. The company empowered local teams to shut down operations and quickly shared this firsthand information so others could act.

As the military has learned, we only win wars when the people on the frontline are well-trained, experienced, coordinated and supported with ammunition, backup and data. Think about this in the context of your HR transformation.

2. Resilience Demands High Quality, Real-Time Data. Facts, detail and real-time data matter. We can’t respond to a crisis if we don’t know where it is, how fast it’s spreading and can’t separate truth from speculation.

In recent months, we’ve seen what happens when facts are not forthcoming or are obfuscated. In a company, you can’t afford to operate without complete transparency. In order for a “coordinated attack and response” to take place, accurate, real-time data is critical.

I recently talked with people analytics experts who had created real-time dashboards to inform managers where employees are located, where the virus is spreading and where travel is prohibited. On an employee level, managers knew who was working from home, living alone and might be at risk so programs and decisions could be appropriately tailored.

Such analytics are critical to resilience. If you haven’t invested in this infrastructure yet, please do it now.

3. Resilience Requires Leaders Who Care. Resilient organizations have leaders whom people want to follow.

Our COVID-19 Pulse of HR found that financial security, health and family welfare are issues on top of people’s minds. If senior leaders don’t empathize and relate to this, your company won’t recover well.

If you want to build resilience, you have to build on a basis of trust. And this means leaders who listen, care and respond. Companies such as Unilever, Salesforce, Wegman’s, Novartis, Nextdoor and IBM understand this and created business models around empathy and transparency. Their CEOs “walk the talk.”

Empathy for your customers, communities, employees and their families goes a long way. Certainly, it’s a more emotional way of thinking about business leadership, but in a crisis, empathy must be a top priority.

One more thought: You can’t fake empathy in times like this. Companies that sincerely care will respond faster than those who don’t.

4. Resilience Thrives In A Community, Not Just An Organization. The most resilient, adaptive and high-performing companies are made up of people who know each other, like each other and support each other.

In the military, soldiers are trained to look out for fellow soldiers (“Nobody will be left behind.”).  How many of us have a battle buddy at work?

Decades of management philosophy have ignored this need. Remember the forced rankings and the Peter Principle models? These approaches pitted people against each other and created internal competition.

Now we need a sense of oneness. We need to know each other, speak up and discuss problems, and have a family-like sense of belonging. Certainly, companies aren’t families (we do lay people off), but when there is a sense of collective culture, a company can adapt quickly.

When I visit companies, I always observe how people behave. Are people nice to each other? Friendly? Respectful? Do they talk or wait for the boss to talk first?

Sure enough, in the highest-performing companies, I always sense a feeling of “we know each other” and “we know how to work together.” Such social bonds are vital.

Ultimately, building resilience in our companies is coupled with liberating the innate resilience in each of us. When we give people adequate pay, healthcare, safety and security, they can adapt and grow.

About The Author :- Josh Bersin writes HRE’s HR in the Flow of Work column. Bersin is an analyst, author, educator and thought leader focusing on the global talent market and the challenges and trends impacting business workforces around the world.

Thanks to Josh Bersin / Human Resource Executive / HRExecutive
https://hrexecutive.com/josh-bersin-4-ways-to-build-organizational-resilience/?eml=20200421&oly_enc_id=2915H9573389A9W

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Thursday, October 22, 2020

Demand-Side Sales 101: Stop Selling & Help Your Customers Make Progress By Bob Moesta



About the Authors :- Bob Moesta
is a co-founder of The Re-Wired Group, and one of the architects of the Jobs to be Done theory in conjunction with the late Harvard Business School professor Clayton Christensen (1952 - 2020). He has launched more than 3,500 new products and services, and founded seven start-ups throughout his career. Bob Moesta trained as an engineer and worked as an intern for Dr. W. Edwards Deming, the father of the quality revolution. He is a graduate of Michigan State University, Harvard Business School, and Stanford University.

Greg Engle is also a co-founder of The Re-Wired Group, and currently serves as a partner in the firm. He is a skilled teacher, consultant, and coach, and has been a sales manager for several companies as well as director of sales for a senior living community. Greg Engle is a graduate of Macomb Community College.

The Main Idea :- Most companies approach sales solely from the supply side of the equation — "We've made a great product, now let's go find some customers". A different and potentially better way to sell is to cater to the demand side of the equation instead — "What problem is my customer trying to solve right now, and how can I get them to pull my product or service into their life and/or career?"

Demand-side selling is where you sell by helping people make progress in the journey they are on. You reframe the sales process to be more like coaching, mentoring, and helping rather than pushing what you have. Help customers hire your product to enable them to get a job done they care about.

Don't push products. Create pull by focusing on what customers are struggling with, and what they are trying to achieve. That's a better and smarter way to sell.

Great salespeople don't sell; they help. They listen, understand what you want to achieve, and help you achieve it. A better title would be "concierge." Great salespeople help customers make progress in their lives, on their terms. They are helpful, empowering, curious, and creative. They create win-win situations! Salespeople are the lifeblood of any organization. Let us teach you how to stop selling and start helping people make progress in their lives. --- Bob Moesta and Greg Engle

How to Help Your Customers Make Progress

1. Selling vs. Buying. Traditional sales is supply-side thinking — you talk extensively about features, benefits, and use persuasion. Demand-side selling is where you get to understand what buyers and users are trying to achieve first. You identify when they have a struggling moment and think, "Maybe I can do better." You align your product with the job to be done (JTBD).

2. The three key frameworks for how people buy. To excel at demand-side selling, you need to understand three frameworks:

  1. The three sources of buyer energy and motivation
  2. The four forces of progress
  3. The JTBD timeline

3. Applying the demand-side frameworks. To figure out how to move from pushing products and services to creating consistent demand-side pull, you need to start interviewing your existing customers, and see the world through their eyes. Identify the JTBD when people consider, and ultimately buy your product or service. Fill in details for the three key frameworks, and find the set of causes which will generate a domino effect. Connect the dots and then reframe your selling process as serving and helping the customer get jobs done. It's a better way to sell.

Key Takeaways :- Don't push products. Create pull by focusing on what customers are trying to do, and helping them.

Everyone’s struggling with something, and that’s where the opportunity lies to help people make progress. Selling isn’t about you. Great sales requires a complete devotion to being curious about other people. Their reasons, not your reasons.

Jason Fried, founder, 37signals

Demand-side sales is about pulling people toward progress. Flipping this lens flips the role of salesperson from icky used car salesperson to a helper. When you get away from pushing your product, you start to make people feel like you’re helping them; you’re their concierge. You’re no longer the used car salesperson. A great salesperson listens first and then helps. --- Bob Moesta

Summaries.Com Editor's Comments :- Now this is a very smart book. Bob Moesta and Greg Engle make the point that most companies approach sales from the Supply side: "We've made a great product. Let's go find someone to sell it to". They point out a much better way to sell is to use a Demand side perspective: " Here's a group of customers who are trying to solve this problem. How can we help them, and get them to pull our product or service into their life and/or career?"

Demand-side selling is all about understanding the job customers want done, and then helping them make progress on their journey. It's the opposite of being pushy. You create pull instead. Or, in their words: "Great salespeople don't sell; they help. Great salespeople help customers make progress in their lives. They create win-win situations."

Very smart, and very much aligned with the digital world in which we now operate. Stop selling, and start helping people make progress. It works.

Thanks to Summaries.com
https://summaries.com/blog/demand-side-sales-101

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--------------------

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Tuesday, October 20, 2020

Enterprise Engagement For CEOs: The Little Blue Book For People-Centric Capitalists By Bruce Bolger



Enterprise Engagement For CEOs: The Little Blue Book For People-Centric Capitalists By Bruce Bolger

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“If every organization practiced the principles of this Little Blue Book, there might not have been a Little Red Book”--Dr. Gary Rhoads, Chairman, Xvoyant Inc. and Professor of Marketing and Entrepreneurship at the Marriott School of Business at Brigham Young University. Enterprise Engagement for CEOs provides a worldwide-recognized framework for a more sustainable way to run organizations that addresses the growing desire for a more human-focused capitalism. This book shows that with the right focus on the value of people, capitalism can create a virtuous circle of prosperity that surpasses the potential of any other system. Enterprise Engagement for CEOs is for a new generation of leaders and proud capitalists who don’t just say human capital is their organization’s most important asset, they know it. Human capital includes not just employees or customers, but all stakeholders — distribution partners, vendors, communities and investors. In the case of not-for-profits, this also means donors and volunteers, and in government, constituents, political donors and volunteers. Enterprise Engagement for CEOs provides organizational leaders or anyone who aspires to be one a logical, practical guide to a new strategic and systematic approach to people management that generates greater and more sustainable financial results than prevailing process- and short-term focused management styles. It also creates a better experience for all stakeholders and a healthier, more prosperous society, not to mention greater peace of mind for boards, management and investors. The principles of Enterprise Engagement and ISO 10018 Quality People Management standards apply the same strategic and systematic approach to people management today that ISO 9000 standards did for quality management in the 1990s. This easy-to-understand approach, along with completely voluntary ISO standards, provides the principles and a roadmap from which any organization can benefit to achieve a greater return-on-investment from their current efforts to enhance their various engagement initiatives simply by using the proven strategic, systematic, integrated approach that transformed quality management. Enterprise Engagement and ISO standards address the growing desire for a more humane capitalism that benefits all stakeholders and society by demonstrating that a strategic and systematic focus on human capital offers a more successful and sustainable way to make money and run an organization of any kind. For a more in-depth book designed for implementers, check out Enterprise Engagement: The Roadmap, 5th Edition on Amazon.

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Monday, October 19, 2020

ISO Releases The First Standards On Human Resources Practices

ISO Releases The First Standards On Human Resources PracticesISO Practices :- https://amzn.to/3o2S69p

The International Organization for Standardization (ISO) Technical Committee 260 has issued its first four standards in human resources management. According to the ISO, “A new series of ISO standards aims to help not only improve the recruitment process, but improve businesses through better human resource processes.”

The standards are:

  • ISO 30408, Human resource management – Guidelines on human governance. This standard provides the guidelines to create an effective human governance system that can both respond effectively to organizational and operational needs but also foster greater collaboration across all stakeholders, anticipate and manage risks in human resource and develop a company culture that is aligned with its values.
  • ISO 30405, Human resource management – Guidelines on recruitment. This standard provides guidance on effective recruitment processes and procedures, and is designed for use by anyone involved in recruiting.
  • ISO 30409, Human resource management – Workforce planning. This standard help organizations respond more effectively to their current and projected requirements for staffing.
  • ISO 30400, Human resource management—Terminology. This standard provides a common understanding of the fundamental terms used in human resource management standards.


Each of the standards provides steps for benchmarking an organization’s practices in each critical area and clear guidelines for best practices. They provide an excellent and relatively easy way for an organization to conduct an internal gap analysis and establish better practices.     ISO Practices :- https://amzn.to/3o2S69p

According to ISO, “Studies show that a high-performing human resources (HR) department, with effective people management and recruitment, is linked to greater economic performance of the organization and plays a key role in instilling company values throughout the workforce. ISO’s new range of International Standards for human resources aims to help HR departments improve their performance and, ultimately, improve the performance of the organization in which they work.”

The standards were developed by ISO Technical Committee 260 on Human Resource Management. James Lewis, U.S. Committee Chair, says that “improving human resources performance is not just about staffing, but about aligning the values of an organization throughout and taking all stakeholders into account…Organizations that put their people at the center of their decisions tend to perform better, as there is a clear company culture and staff are more content.”

He adds: “The HR function has enormous potential to support the strategic goals of a company by developing talent, aligning organizational values and, ultimately, shaping culture and behavior…These standards can help anyone involved in an HR function – whatever their background and company size – to establish, maintain and continually improve effective recruitment and governance processes.” 

According to Lee Webster, Director of Employee Relations at the University of Texas Medical Branch and administrator of the U.S. Technical Advisory Group 260, the standards are just the beginning: “These standards are purely voluntary and generally use the term ‘should’ versus the more affirmative ‘shall.’ Comfort is slowly growing in the idea that there should indeed be firm standards for human practices standards. There are more and more analytics backing up the notion that human resources standards can provide the same benefits as manufacturing standards.”     ISO Practices :- https://amzn.to/3o2S69p

The application of formal standards, Webster notes, provides fodder for academics seeking to study the impact of organization initiatives, as occurred with the emergence of ISO quality management standards. 

Thanks to EnterpriseEngagement / Engagement Strategies Media
https://www.enterpriseengagement.org/articles/content/8483139/iso-releases-the-first-standards-on-human-resources-practices/

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Monday, October 12, 2020

Volatility, Uncertainty, Complexity And Ambiguity ... VUCA

VUCA is an acronym – first used in 1987, drawing on the leadership theories of Warren Bennis and Burt Nanus – to describe or to reflect on the volatility, uncertainty, complexity and ambiguity of general conditions and situations; The U.S. Army War College introduced the concept of VUCA to describe the more volatile, uncertain, complex and ambiguous multilateral world perceived as resulting from the end of the Cold War. More frequent use and discussion of the term "VUCA" began from 2002 and derives from this acronym from military education. It has subsequently taken root in emerging ideas in strategic leadership that apply in a wide range of organizations, from for-profit corporations to education.

Meaning :- The deeper meaning of each element of VUCA serves to enhance the strategic significance of VUCA foresight and insight as well as the behavior of groups and individuals in organizations. It discusses systemic failures and behavioral failures, which are characteristic of organizational failure.

  • V = Volatility: the nature and dynamics of change, and the nature and speed of change forces and change catalysts.
  • U = Uncertainty: the lack of predictability, the prospects for surprise, and the sense of awareness and understanding of issues and events.
  • C = Complexity: the multiplex of forces, the confounding of issues, no cause-and-effect chain and confusion that surrounds organization.
  • A = Ambiguity: the haziness of reality, the potential for misreads, and the mixed meanings of conditions; cause-and-effect confusion.

These elements present the context in which organizations view their current and future state. They present boundaries for planning and policy management. They come together in ways that either confound decisions or sharpen the capacity to look ahead, plan ahead and move ahead. VUCA sets the stage for managing and leading.

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The particular meaning and relevance of VUCA often relates to how people view the conditions under which they make decisions, plan forward, manage risks, foster change and solve problems. In general, the premises of VUCA tend to shape an organization's capacity to:

  1. Anticipate the Issues that Shape
  2. Understand the Consequences of Issues and Actions
  3. Appreciate the Interdependence of Variables
  4. Prepare for Alternative Realities and Challenges
  5. Interpret and Address Relevant Opportunities

For most contemporary organizations – business, the military, education, government and others – VUCA is a practical code for awareness and readiness. Beyond the simple acronym is a body of knowledge that deals with learning models for VUCA preparedness, anticipation, evolution and intervention.

Themes :- Failure in itself may not be a catastrophe, but failure to learn from failure definitely is. It is not enough to train leaders in core competencies without identifying the key factors that inhibit their using the resilience and adaptability that are vital in order to distinguish potential leaders from mediocre managers. Anticipating change as a result of VUCA is one outcome of resilient leadership. The capacity of individuals and organizations to deal with VUCA can be measured with a number of engagement themes:

  1. Knowledge Management and Sense-Making
  2. Planning and Readiness Considerations
  3. Process Management and Resource Systems
  4. Functional Responsiveness and Impact Models
  5. Recovery Systems and Forward Practices
  6. Systemic failures
  7. Behavioral failures

At some level, the capacity for VUCA management and leadership hinges on enterprise value systems, assumptions and natural goals. A "prepared and resolved" enterprise is engaged with a strategic agenda that is aware of and empowered by VUCA forces.

The capacity for VUCA leadership in strategic and operating terms depends on a well-developed mindset for gauging the technical, social, political, market and economic realities of the environment in which people work. Working with deeper smarts about the elements of VUCA may be a driver for survival and sustainability in an otherwise complicated world.

Psychometrics which measure fluid intelligence by tracking information processing when faced with unfamiliar, dynamic and vague data can predict cognitive performance in VUCA environments

Social Categorization

Volatility :- Volatility is the "V" component of VUCA. This refers to the different situational social-categorization of people due to specific traits or reactions that stand out during that particular situation. When people react/act based on a specific situation, there is a possibility that the public categorizes them into a different group than they were in a previous situation. These people might respond differently to individual situations due to social or environmental cues. The idea that situational occurrences cause certain social categorization is known as volatility and is one of the main aspects of the self-categorization theory.

Sociologists use volatility to understand better how stereotypes and social-categorization is impacted based on the situation at hand as well as any outside forces that may lead people to perceive others differently. Volatility is the changing dynamic of social-categorization in a set of environmental situations. The dynamic can change due to any shift in a situation, whether it is social, technical, biological or anything of the like. Studies have been conducted, but it has proven difficult to find the specific component that causes the change in situational social-categorization.

There are two separate components that connect people to social identities. The first social cue is normative fit. This describes the degree that a person relates to the stereotypes and norms that others associate with their specific identity. For example, when a Hispanic woman is cleaning the house, most of the time, people connect gender stereotypes with this situation, while her ethnicity is not concerned, but when this same woman eats an enchilada, ethnicity stereotypes surface while her gender is not concerned.[12] The second social cue is comparative fit. This is when a specific characteristic or trait of a person is prominent in certain situations when compared to other people. For example, as mentioned by Bodenhausen and Peery, when there is one woman in a room full of men. She sticks out because she is the only one of her gender compared to many others of the opposite gender. However, all of the men are clumped together because they do not have any specific traits that stands out among the rest of them. Comparative fit shows that people categorize others based on the comparative social context. In a certain situation, specific characteristics are made obvious due to the fact that others around that individual do not possess that characteristic. However, in other situations, this characteristic may be the norm and would not be a key characteristic in the categorization process.

People can also be less criticizing of the same person during different situations. For example, when looking at an African American man on the street of a low-income neighborhood and when looking at the same man inside a school of a high-income neighborhood, people will be less judgmental when seeing him in the school. Nothing else has changed about this man, other than his location. When individuals are spotted in certain social contexts, the basic-level categories are forgotten and the more partial categories are brought to light. This really helps to describe the problems of situational social-categorization and how stereotypes can shift the perspectives of those around an individual.

Uncertainty :- Uncertainty in the VUCA framework is almost just as it sounds: when the availability or predictability of information in events is unknown. Uncertainty often occurs in volatile environments that are complex in structure involving unanticipated interactions that are significant in uncertainty. Uncertainty may occur in the intention to imply causation or correlation between the events of a social perceiver and a target. Situations where there is either a lack of information to prove why a perception is in occurrence or informational availability but lack of causation are where uncertainty is salient.

The uncertainty component of the framework serves as a grey area and is compensated by the use of social categorization and/or stereotypes. Social categorization can be described as a collection of people that have no interaction but tend to share similar characteristics with one another. People have a tendency to engage in social categorization, especially when there is a lack of information surrounding the event. Literature suggests that there are default categories that tend to be assumed in the absence of any clear data when referring to someone's gender or race in the essence of a discussion.

Often individuals associate the use of general references (e.g. people, they, them, a group) with the male gender, meaning people = male. This instance often occurs when there is not enough information to clearly distinguish someone's gender. For example, when discussing a written piece of information most people will assume the author is a male. If an author's name is not available (lack of information) it is difficult to determine the gender of the author through the context of whatever was written. People will automatically label the author as a male without having any prior basis of gender, placing the author in a social category. This social categorization happens in this example, but people will also assume someone is a male if the gender is not known in many other situations as well.

Social categorization occurs in the realm of not only gender but also race. Default assumptions can be made, like in gender, to the race of an individual or a group of people based on prior known stereotypes. For example, race-occupation combinations such as a basketball player or a golf player will receive race assumptions. Without any information of the individual's race, a basketball player will be assumed to be black and a golf player will be assumed to be white. This is based upon stereotypes because of the majority of race in each sport tend to be dominated by a single race, but in reality, there are other races within each sport.

Complexity :- Complexity is the “C” component of VUCA, that refers to the interconnectivity and interdependence of multiple components in a system. When conducting research, complexity is a component that scholars have to keep in mind. The results of a deliberately controlled environment are unexpected because of the non-linear interaction and interdependencies within different groups and categories.

In a sociological aspect, the VUCA framework is utilized in research to understand social perception in the real world and how that plays into social categorization as well as stereotypes. Galen V Bodenhausen and Destiny Peery's article Social Categorization and Stereotyping In vivo: The VUCA Challenge, focused on researching how social categories impacted the process of social cognition and perception. The strategy used to conduct the research is to manipulate or isolate a single identity of a target while keeping all other identities constant. This method creates clear results of how a specific identity in a social category can change one's perception of other identities, thus creating stereotypes.

There are problems with categorizing an individual's social identity due to the complexity of an individual's background. This research fails to address the complexity of the real-world and the results from this highlighted an even great picture about social categorization and stereotyping. Complexity adds many layers of different components to an individual's identity and creates challenges for sociologists trying to examine social categories. In the real world, people are far more complex compared to a modified social environment. Individuals identify with more than one social category, which opens the door to a deeper discovery about stereotyping. Results from research conducted by Bodenhausen reveals that there are certain identities that are more dominant than others. Perceivers who recognize these specific identities latch on to it and associate their preconceived notion of such identity and make initial assumptions about the individuals and hence stereotypes are created.

On the other hand, perceivers who share some of the identities with the target become more open-minded. They also take into consideration more than one social identity at the same time and this is also known as cross-categorization effects. Some social categories are embedded in a larger categorical structure, which makes that subcategory even more crucial and outstanding to perceivers. Research on cross-categorization reveals that different types of categories can be activated in the mind of the social perceiver, which causes both positive and negative effects. A positive outcome is that perceivers are more open-minded despite other social stereotypes. They have more motivation to think deeply about the target and see past the most dominant social category. Bodenhausen also acknowledges that cross-categorization effects lead to social invisibility. Some types of cross-over identities may lessen the noticeability of other identities, which may cause targets to be subjected to “intersectional invisibility,”  where neither social identities have a distinct component and are overlooked.

Ambiguity :- Ambiguity is the “A” component of VUCA. This refers to when the general meaning of something is unclear even when an appropriate amount of information is provided. Many get confused about the meaning of ambiguity. It is similar to the idea of uncertainty but they have different factors. Uncertainty is when relevant information is unavailable and unknown, and ambiguity where relevant information is available but the overall meaning is still unknown. Both uncertainty and ambiguity exist in our culture today. Sociologists use ambiguity to determine how and why an answer has been developed. Sociologists focus on details such as if there was enough information present, and did the subject have the full amount of knowledge necessary to make a decision. and why did he/she come to their specific answer.

Ambiguity leads to people assuming an answer, and many times this leads assuming ones race, gender, and can even lead to class stereotypes. If a person has some information but still doesn't have the overall answer, the person starts to assume his/her own answer based on the relevant information he/she already possesses. For example, as mentioned by Bodenhausen we may occasionally encounter people who are sufficiently androgynous to make it difficult to ascertain their gender, and at least one study suggests that with brief exposure, androgynous individuals can sometimes be miscategorized on the basis of gender-atypical features (very long hair, for a man, or very short hair, for a woman. Overall, ambiguity leads to the categorization of many. For example, it may lead to assuming ones sexual orientation. Unless a person is open about their own sexual orientation, people will automatically assume that they are heterosexual. But if a man possesses feminine qualities or a female possesses masculine qualities then they might be portrayed as either gay or lesbian. Ambiguity leads to the categorization of people without further important details that could lead to untrue conclusions.

Sociologists believe that ambiguity can lead to race stereotypes and discrimination. In a study done in South Africa by three sociologists, they had white citizens of South Africa look at pictures of racially mixed faces and they had to decide whether these faces were European or African. Because these test subjects were all white they had a hard problem defining these mixed race faces as European and deemed them all to be African. The reason they did this is because of ambiguity. The information that was available was the skin tone of the people in the pictures and the facial qualities they possessed, with this information the test subjects had all of that information available but still did not know the answer for sure. They overall assumed because they did not look exactly like them, then they could not be European.

Thanks to Wikipedia
https://en.wikipedia.org/wiki/Volatility,_uncertainty,_complexity_and_ambiguity

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