Additionally, the current global dynamics have exposed organizations to increasing volatility,

uncertainty, complexity, and ambiguity (VUCA). In the everincreasing number of risks that present-day
organizations face, board members and staffs must be ready to adapt to rapid and unexpected changes.
Those who run the organization must need to think strategically on how to address the VUCA
dimensions that will affect their organization. Even the success of their enterprise can bring the risk of
unexpected high demand or inconsistency in quality brought by the sudden increase of production
volume. This could create a strain in finances as the business struggles to maintain its momentum.
Undeniably, the Philippine Army should be more mindful of its position so as to avoid situations where
unexpected events cause financial losses, disruption to normal operations, damage to reputation, and
loss of stakeholder support. Present day stakeholders expect that organizations such as the Philippine
Army 7 PHILIPPINE ARMY RISK MANAGEMENT HANDBOOK Honor. Patriotism. Duty. By 2028, a world-
class Army that is a source of national pride. will take full responsibility of the risks that result to non-
compliance of statutory obligations, legal laws, office policies, disruption, and inefficiency within
operations, late delivery of projects and products, or failure to achieved goals set in their strategy. It is
notable that for the moment, third party surveys put the Philippine Army Net Trust Rating at +79 and
Net Satisfaction Rating at +75. These results show the organization enjoying an excellent nationwide
rating. The data is further validated by findings from the 2019 Executive Outlook Survey of the Makati
Business Club where the AFP in general was hailed as one of the top ten performing agencies with an
outstanding 78.7% satisfaction rating. The AFP is the only non-economic organization to acquire such
results. However, in such successes lies the challenge of sustainability. Value to the Army As an
organization with a deep commitment of serving the people and securing the land as manifested in its
core purpose, the Philippine Army provides premium value to the public’s trust and satisfaction of its
services. The Philippine Army is determined to ensure that its core values of Honor, Patriotism, and Duty
are imbedded in all its undertakings and attainment of its vision to become a world-class army and
source of national pride. Hence, recognizing the importance of risk management as a mechanism to
reduce the likelihood of negative outcomes and conversely provide gre