Business Review and Case Studies
Vol. 1 No. 2 (2020): BRCS, Vol 1 No 2, August 2020

NAVIGATING BUSINESS TRANSFORMATION WITH FUTURE-READY MINDSET

Muhammad Azman (School of Business, IPB University)
Intan Delia Rustandi (School of Business, IPB University)
Putri Gayatri (Department of Communication and Community Development, Faculty of Human Ecology, IPB University)



Article Info

Publish Date
31 Aug 2020

Abstract

VUCA Era drives the current business ecosystem significantly to be more complex and experience strong turbulence. This ecosystem also brings the business process based on the customer transformation needs (vibrant, unreal, crazy, and astounding). This condition requires a new way of working to face future challenges. However, most business practitioners still use conventional approaches (fixed mindset) rather than agile mindset. The paper aims to navigate business entities to compound with business ecosystem in era 4.0. The methods used to construct the paper are meta-analysis and integrating simplification theory (IST). To navigate its transformation path, the future ready mindsets – curiosity, explorer, empathy, transformative, experimental, and open mindset - will play a crucial part. Sub-concepts for each of the future-ready mindset have already been mapped and matched up with each VUCA characteristic. Keywords: VUCA, business transformation, business ecosystem, future ready mindset

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Journal Info

Abbrev

brcs

Publisher

Subject

Agriculture, Biological Sciences & Forestry Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

Business Review and Case Studies (BRCS) receive a variety of Business case studies and Business ideas generated from research that can be used for the education of professionals in the Business field. BRCS publishes papers that contribute to understanding the world of Business and its Developments. ...