LEADING THROUGH VUCA: STRATEGIES FOR SUSTAINABLE LEADERSHIP
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In today's rapidly changing global landscape, leaders face unprecedented challenges in formulating long-term strategies marked by volatility, uncertainty, complexity, and ambiguity (VUCA). This complex environment necessitates a paradigm shift in leadership techniques, prompting a critical analysis of how leaders can effectively manage risks and ensure the sustained viability of their organizations. Thus, Leaders are advised to balance their strategic planning by including short-term goals that are in line with a flexible vision to enhance long-term objectives. This agility allows them to quickly adjust to changes in the external environment [1]. Leaders can utilize real options theory to identify important decisions in their strategic plans and increase flexibility by delaying irreversible choices until uncertainties decrease. This integrated approach enhances short-term adaptability and long-term viability. The study concludes by illuminating a strategic framework that responds to the demands of the present corporate environment. Beyond its immediate implementation, this strategic framework has practical applications in the future. These results can be used by leaders to inform decision-making procedures, promoting sustainability and organizational resilience [2]. Moreover, future research could delve deeper into specific industry contexts to explore the nuanced application of this integrated approach. Additionally, examining the challenges and successes of organizations that have implemented these strategies will provide valuable insights into refining and enhancing the proposed framework. The ongoing exploration of these themes will contribute to a comprehensive understanding of adaptive leadership strategies and their impact on organizational success.
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27.Jayakarthika K,.pdf
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