New Approaches of Managers in the VUCA World - A Study at Bucharest University
Explore how managers are adapting to the volatile, uncertain, complex, and ambiguous (VUCA) environment through the study conducted at Bucharest University of Economic Studies. The research delves into the competencies required for effective management in turbulent settings, offering insights on leadership in challenging times.
Download Presentation
Please find below an Image/Link to download the presentation.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author. If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.
You are allowed to download the files provided on this website for personal or commercial use, subject to the condition that they are used lawfully. All files are the property of their respective owners.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author.
E N D
Presentation Transcript
BUCHAREST UNIVERSITY OF ECONOMIC STUDIES BUCHAREST UNIVERSITY OF ECONOMIC STUDIES FACULTY OF MANAGEMENT FACULTY OF MANAGEMENT NEW APPROACHES OF MANAGERS IN THE NEW APPROACHES OF MANAGERS IN THE CONTEXT OF THE VUCA WORLD CONTEXT OF THE VUCA WORLD Authors: Authors: Mihaela Mihaela MINCIU Florin Florin Aurel Aurel BERAR Razvan Razvan Catalin Catalin DOBREA Cristina DIMA Cristina DIMA MINCIU BERAR DOBREA
CONTENT : CONTENT : INTRODUCTION: CONCEPTUAL DELIMITATIONS REGARDERING THE VUCA WORLD MATERIAL AND METHODS: LITERATURE REVIEW REGARDERING THE VUCA WORLD AND NEW COMPETENCIES THAT MANAGERS MUST HAVE IN A TURBULENT ENVIRONMENT RESULTS AND DISCUSSION: THE MANAGEMENT PROCESS CONCLUSION
MOTIVATION FOR CHOOSING THE THEME Managers public prepared to lead their organizations in a volatile, uncertain, complex and ambiguous environment the VUCA environment. within private, institutions, need both be and to More than ever, in these times, managers have management style, so they have to posses the ability to inspire and determine subordinates to contribute to the organization's strategy. to adapt their
INTRODUCTION: CONCEPTUAL DELIMITATIONS REGARDERING THE VUCA WORLD The acronym VUCA (volatility, uncertainty, complexity and ambiguity) was taken from the military vocabulary, this being used for the first time to describe an uncertain environment with threats at every step, where conflict was inherent and impossible to predict. The environmental term is extremely complex, including all the internal and external elements of the organization (social, political, economic, geographical, components), which leads to an understanding of the operating mode, of the company as a whole system. demographic, legal
INTRODUCTION: CONCEPTUAL DELIMITATIONS REGARDERING THE VUCA WORLD Organizations regulating always equilibrium activities carried out, despite the exogenous and disturbances. act as that state terms a self- must system reach in a of of the endogenous Managers contribute to defining the objectives of the companies, organizing and coordinating the activities to achieve them, using the resources within the organization (human, informational), in an efficient way. are the people who material,
MATERIAL AND METHODS: LITERATURE REVIEW REGARDERING THE VUCA WORLD AND NEW COMPETENCIES THAT MANAGERS MUST HAVE IN A TURBULENT ENVIRONMENT Today's society is experiencing a series of changes, and increasingly the activities carried out within an organization, in the past no longer serve as a starting managers. point for A volatile and complex work environment demands organizations managers, willing to constantly learn to improve leadership style. that agile have their
MATERIAL AND METHODS: LITERATURE REVIEW REGARDERING THE VUCA WORLD AND NEW COMPETENCIES THAT MANAGERS MUST HAVE IN A TURBULENT ENVIRONMENT Opportunities The VUCA world demands that organizations be open to change and have managers who possess the knowledge and information opportunity arises, it is properly used, and when a crisis situation, that could endanger the activity of the organization is created, it must be overcome without producing negative consequences. so that when an Threats
RESULTS AND DISCUSSION: THE MANAGEMENT PROCESS The management process conducted within an organization is formed of all the actions carried out by a manager or by a person or a group of persons designated by them. MANAGEMENT
RESULTS AND DISCUSSION: THE MANAGEMENT PROCESS Considering that the performance of the whole organization is composed of the individual results recorded by each employee, the motivational framework in the VUCA environment created by the managers of the organizations must ensure a harmonious climate in which each employee must come with pleasure.
CONCLUSION The organizations determine transformations in the level of the competencies, attitudes, responsibilities therefore it is necessary that the work processes that take place within the organizations to be well defined and delimited. changes that take place within the skills, the behaviors, employees, of
CONCLUSION In the VUCA business environment managers must pay special attention to the process of evaluating the employees in the sense of recognizing the remarkable achievements registered by them or identifying the problems that have led to the hindrance of reaching the previously established indicators.
