Although it first emerged in the late 1980s, VUCA (volatile, uncertain, complex, ambiguous) is an acronym that appositely describes the global market in which automotive must operate today.
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So far, the challenges of 2022 have included new vehicle sales that are still below pre-pandemic volumes, disrupted supply chains on crucial components, the shift to electric powertrains, and employee layoffs. In a Mobex webinar from May 2021, speakers from Continental suggested that we are now living in “VUCA world.” Over a year later, Andreas Hessler, Project Management Executive at Continental Automotive, not only believes this is still accurate but that project management itself needs to fundamentally change.
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