New Approaches to the Management of Organezations in Accordance with the “Vuca - World” Philosophy

Authors

  • Alexander MEZHEVOV State University of Management, Moscow, Russian Federation
  • Viktor NIKOLAEV Russian Presidential Academy of National Economy and Public Administration
  • Mikhail MELESHKIN Capital Group LLC

DOI:

https://doi.org/10.24234/w.v2i1.773

Keywords:

VUCA –world, instability, variability, uncertainty, complexity, digital environment, risks, threats

Abstract

The article examines the influence of the “VUCA world” philosophy on the management of a modern organization. The growth of instability and uncertainty in all spheres of life requires specialists of organizations to possess a wide range of knowledge and adequate response to situations when it is impossible to predict the negative development of certain events. The management of organizations needs to abandon mental illusions and established structures in management, maintain their physical and psychological state, work constantly checking with the organisation’s strategy, and support the team in the correctness of the chosen goals. In the “VUCA world” philosophy, digital technologies have predetermined the emergence of new “flat structures” for solving innovative tasks, assessing and managing counteraction to risks and threats. Contradictions associated with the release of a new product to the market have intensified because, in addition to previously known problems (investment, time and staff resistance), an organization may lose market share of products already produced.

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Author Biographies

Alexander MEZHEVOV, State University of Management, Moscow, Russian Federation

PhD in Economics, Professor of the Department of Personnel Management of the State University of Management Moscow, Russian Federation.

Viktor NIKOLAEV, Russian Presidential Academy of National Economy and Public Administration

PhD in Economics, Professor of the Department of Management of the Russian Presidential Academy of National Economy and Public Administration, Moscow, Russian Federation.

Mikhail MELESHKIN, Capital Group LLC

PhD in Economics, Lawyer of Capital Group LLC, Moscow, Russian Federation.

References

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Published

2022-05-26

How to Cite

MEZHEVOV, A., NIKOLAEV, V., & MELESHKIN, M. (2022). New Approaches to the Management of Organezations in Accordance with the “Vuca - World” Philosophy. WISDOM, 2(1), 115–121. https://doi.org/10.24234/w.v2i1.773