The Strategy Skills Podcast: Strategy | Leadership | Critical Thinking | Problem-Solving cover image

341: Ex McKinsey expert on war games, John Horn. How to read your competitors

The Strategy Skills Podcast: Strategy | Leadership | Critical Thinking | Problem-Solving

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The Importance of War Games

War games are simulations that allow you to practice in a risk-free way. They can be resource intensive to set up, especially if you're going to have a simulation model which allocates market share or profitability for different groups. Most companies have strategic discussions about how the industry is going to evolve but they ignore all the choices from other companies doing the exact same thing. So with Wargaming Light, we start with making our choices and we go around the table and everyone says what they're going to do - it's an open discussion.

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