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WSQ Framework and VUCA Environment are business methodology which is adopted at large scale to reduce the chances of risk management and waste extraction in each department of the organization. Both the methods are invented by different countries to improvise the economic conditions. WSQ framework is invented by Singapore to reduce the unemployment and VUCA Environment was developed by the U.S Army war college (Hilliard, 2012).
Workforce Skills Qualification (WSQ) Framework
WSQ framework was invented by the Singapore government under which adults were provided adequate training to develop some sort of skills to get an employment opportunity. This was invented for the purpose of increasing the life standard of the individual and for increasing the national income of the country as well as to reduce the unemployment of the country. Adequate diplomas and certificates are provided to the participating candidates so that they could get a better job from the same (Cole, et. al., 2014).
For instance, Singapore was struggling with the less number of working people in various industries and due to this various companies shut down or reduced at small scale business. To improve the industry level and business level of the Singapore, they invented this strategy so that fresh energy of the country in the form of adults could be utilized. And this training is useful for candidates taking training as this will improve their life standards (Bryant, 2010).
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