A Scale Development for Volatile-Uncertain-Complex-Ambiguous (VUCA) World Management

Abstract

This article is an attempt to develop a questionnaire, which presently is unavailable in the literature, so that the Volatile-Uncertain-Complex-Ambiguous (VUCA) world can be understood and relatively measured by governments, companies, and institutions. The aim is to measure the dynamics of VUCA in the framework of the economic unit (region, country, economic sector) within the framework of a unique methodological approach. Ultimately the aim is not to approach statistical theory with a new methodology, but to present relevant material to the current approaches of statistical theory with a unique survey. By utilizing the survey created in this article, the potential to analyze many divergent scenarios about “the future readiness” becomes applicable, such as: The relationship between education levels, years of experience, the age of the company and VUCA awareness, and VUCA awareness between different sectors (ICT/Industry, Banking/Industry, Industry/Service), VUCA awareness between varying scale companies (small, medium-size and large-size companies), differences in levels of VUCA awareness in the same sector of different countries, differences in levels of VUCA awareness among the institutions whether they are achieving the Sustainable Development Goals or not, etc.

Keywords

• sustainable development goals
• education
• vuca