VUCA1, an acronym from times past, may have been considered — like other such fashionable and ephemeral buzzwords — to have long exceeded its half-life and set to cede space to some other smart formulation of alphabets. Yet, the reality is that we live in a world that is today more volatile than ever, with greater uncertainty and complexity. Ambiguity defines the times; for instance, with little difference or time between friends becoming enemies. Overnight, today’s ally may become tomorrow’s bugbear.