Another ESG acronym? Why VUCA is the one you need to know

VUCA is my ESG term of the year for 2023. VUCA stands for Volatility, Uncertainty, Complexity, and Ambiguity. It's often used to describe the current business environment, which is characterised by rapid change, unpredictable events, a high degree of complexity, and a lack of clear direction. To be successful in a VUCA environment, businesses must be agile, adaptable, and able to quickly respond to changes in the market. They must also be able to anticipate and manage risks and be willing to take calculated risks to stay ahead of the competition. For the ESG industry, this is a perfec...