I recently learned of a lovely new acronym that aptly describes the world of online marketing. It’s VUCA, which stems from military jargon and stands for Volatility, Uncertainty, Complexity, and Ambiguity. I just love a pessimistic acronym. 😉
I credit a recent report published by the Corporate Executive Board with this sweet new acronym as well as the data points I’m including in this post. The title of the study is Driving Marketing Performance in a Volatile Environment: The Surprising Qualities of the Best Marketing Teams. I assumed the report was going say that marketing agility was the solution to all of Marketing’s problems. After all, agile marketing has a good amount of buzz these days – it even has its own manifesto. But, I was totally wrong! It turns out that a another characteristic is key to surviving volatility: grit. Continue reading