Researchers have shown that leadership makes a measurable difference (Madanchian et al., 2017) and can affect the financial results of business organizations (Yuki, 2008). Effective leaders possess a particular set of skills to enable them to be effective during VUCA (volatility, uncertainty, complexity, complexity, ambiguity) conditions. The problem that this study intends to address is to build on the work of researchers to date in identifying the principal leadership abilities recommended by researchers toward effectiveness during VUCA and the calculation of coefficients indicating the effectiveness of the abilities toward a financial measurement of business performance.

Identify the following building blocks of the above problem statement: General description of the problem Specific problem area Intent of the research