Art of Managing Risk in the VUCA World

  Resource Management   Risk Management   Strategy  

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Overview

Risk is an uncertain event or condition that, if it occurs, has a positive or negative effect in outcomes of the organization. Positive risks are opportunities, while negative risks are threats. In the post pandemic era we have entered into a world of VUCA (Volatility, Uncertainty, Complexity, and Ambiguity). VUCA demands that you must develop your competencies to identify and understand risks and learn how to develop mastery in managing those. You must have great deal of comfort in managing risk situations with ease in your organization and thus Art of Managing Risk in the VUCA world is of paramount importance.

Learning Objectives

Risk is an uncertain event or condition that, if it occurs, has a positive or negative effect in outcomes of the organization. Positive risks are opportunities, while negative risks are threats. In the post pandemic era we have entered into a world of VUCA (Volatility, Uncertainty, Complexity, and Ambiguity). VUCA demands that you must develop your competencies to identify and understand risks and learn how to develop mastery in managing those. You must have great deal of comfort in managing risk situations with ease in your organization and thus Art of Managing Risk in the VUCA world is of paramount importance.

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Talent Triangle Alignment

This video qualifies for the following PDUs:

PMP/PgMP CAPM PMI-ACP PMI-SP PMI-RMP PfMP PMI-PBA DASM DASSM DAC DAVSC PMI-CP PMI-PMOCP PMI-CPMAI Ways of Working 0.50 0.50 0.00 0.00 0.50 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.50 0.50 Power Skills 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Business Acumen 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.00 0.50 0.50 Total 1.00 1.00 0.50 0.50 1.00 0.50 0.50 0.50 0.50 0.50 0.50 0.00 1.00 1.00

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Acknowledgements: Kimberly Whitby