llustrations for RBC magazine
Acronyms encapsulate four or five characteristics that describe the reality around us and, taken together, form a concept one can rely on to build tactics and strategies.
V–Volatility → Vision It’s important to have a clear vision of your goals and keep them in focus.
U — Uncertainty → Understanding Before making any decision, it’s worth gathering as much information as possible to gain a deeper understanding of the issue.
C — Complexity → Clarity Any problem should be shaped into something with a clear structure or foundation.
A — Ambiguity → Agility In rapidly changing circumstances, it’s crucial to maintain a high speed of decision-making.
B — Brittle → Flexibility and Resilience If everything can change suddenly, it’s important to stay flexible — ready to rethink anything in business or in life — and to build resilience.
A — Anxious → Empathy and Mindfulness In a tense environment, it’s essential to be sensitive to others and stay aware of your own goals and values, using them as a guide.
N — Nonlinear → Context and Flexibility When the consequences of actions are unclear, it helps to keep the broader context in mind and remain flexible — able to maneuver.
I–Incomprehensible → Transparency and Intuition An overload of information makes the world hard to grasp. To deal with this, one should strive for transparency and develop intuition.
S — Split Familiar systems and patterns no longer work, and the planning horizon becomes short.
H — Horrible A persistent sense of anxiety accompanies people and interferes with making timely, sound decisions.
I–Inconceivable There is no certainty that any decision will lead to a result; forecasting becomes difficult, sometimes even pointless.
V–Vicious It is impossible to fully comprehend what is happening, yet after the crisis the world will change, entering a new stage of development.
A — Arising After the crisis, markets transform — those who adapt first to the new conditions will be in demand.