VUCA has never been more relevant for CFOs. It stands for Volatile, Uncertain, Complex and Ambiguous and is a concept the US Army came up with to describe the world following the Cold War.
Nearly three decades on and the acronym does a good job of describing the environment we’re living and working in today. Digital disruption is a huge driver of this and when it comes to business, the speed with which CFOs can adapt is critical for their long-term survival. Demands on them – be they reporting, insights, analytics or advice – are shifting from historical to predictive, from scheduled to real-time, and from human to automated.
Patrick Gormley, Head of Capita Consulting, explores the most significant technology development currently on the horizon: 5G.
How can CFOs ride the 5G wave rather than go under?
Key points include:
- Areas to Invest
- Talent and Teams
- Longevity and Learning