Business in 2022 is operating in a complex, uncertain and constantly changing context. From digital transformation, the impact of the global pandemic, and the urgency to deliver a more inclusive and resilient society, to the vital need to preserve limited resources and protect nature and our environment, leaders bear the brunt of this accountability. How can leaders embrace the complexity and magnitude of this responsibility, by producing the returns required in the short term and delivering sustainable solutions for the long term? Discuss the role and function of culture in guiding businesses through the turbulence of a VUCA environment.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
icon
Related questions
Question
100%

Business in 2022 is operating in a complex, uncertain and constantly changing context. From digital transformation, the impact of the global pandemic, and the urgency to deliver a more inclusive and resilient society, to the vital need to preserve limited resources and protect nature and our environment, leaders bear the brunt of this accountability. How can leaders embrace the complexity and magnitude of this responsibility, by producing the returns required in the short term and delivering sustainable solutions for the long term?


Discuss the role and function of culture in guiding businesses through the turbulence of a VUCA environment.

Expert Solution
steps

Step by step

Solved in 4 steps

Blurred answer
Similar questions
Recommended textbooks for you
Understanding Business
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Management Information Systems: Managing The Digi…
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
Business Essentials (12th Edition) (What's New in…
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
Fundamentals of Management (10th Edition)
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON