What is risk management in the VUCA world of 2022? Interview with John Edmonds

VUCA is an acronym that stands for volatility, uncertainty, complexity, and ambiguity. The phrase provides a way of looking at how the world has changed over the last few decades, and how uncertainty has led to increased risk. There are many examples of risk we see in daily life, from the long-term effects of climate change to the challenges of national security. The global COVID-19 pandemic has shown us that we must not forget that our physical and economic health can also be at risk.