How to survive in today's VUCA world and be a game-changer in the future: Ambidexterity
Abstract Overcoming the challenges of today and being a game-changer, major player in the future is only possible with maximizing the « Organisational Performance ». Organization’s long-term success depends on its ability to embrace two sets of capabilities that are often seen as complete opposites: exploiting its current capabilities (running the business) exploring fundamentally new competencies (changing the business) The two, when successfully brought together, create a unique competitive position. The paradox that results, however, is that these require different mindsets, skills, structures, processes and performance management. Ambidextrous organisation is an organization that is efficient in its management of today's business (exploitation) and also adaptable for coping with tomorrow's changing demand. (exploration) VUCA World The acronym VUCA was first introduced in 1991 by the U.S. Army as a result of the extreme condit...