written by Itay Levin & Dotan Sagi
- Can we predict the adversary M.O?
- Will the Sochi winter Olympic Games be bloody?
- When will the first “dirty-bomb” explode?
- Are we about to witness the use of WMD by terrorist group anytime soon?
- Can we foresee future events?
It was common wisdom in the past that strategic thinking is an art (Sun Tzu – The Art of War 2500 years ago) now we find ourselves thinking in new ways, combining art and science;
Strategic thinking prevails in many areas of life and is still considered an art and science, but the basics for Modern Strategic thinking is based on the developments in “Gaming Theory”.
The science of “Gaming Theory” is relatively young and in recent years has proven useful in providing insights into effective military strategies but has since then has shifted its center of gravity to business strategy.
One of the main features in Strategic Gaming is the use of simulation to answer strategic questions such as those that appeared in the beginning of this post. The main objective of this simulation is to improve the decision making process in the organization.
Participants in the gaming process operate in a virtual surrounding, which simulates future scenarios. The game reflects prevailing operational procedures designed to confront critical strategic dilemmas. The participating players represent competitors, suppliers, rivals, experts, government authorities, media outfits etc. The unique interactive nature of the strategic gaming simulation creates a dynamic learning experience that by itself improves working and operational procedures and consequently helps the client optimize stated goals and objectives.
Experience shows us that only by looking at others or experiencing by ourselves can we truly evaluate and learn to be better. Using Game Theory based on a Strategic Gaming practical platform is a solution that will help us answer the main question that needs answering:
Are we prepared?