HBR IdeaCast Why You Need to Stress Test Your Strategies (and Tactics)
22 snips
Jun 4, 2024 
Arjun Singh, a consultant and adjunct professor at SMU, specializes in corporate war games. He discusses the importance of stress-testing strategies using military-inspired war gaming to enhance organizational resilience. Singh highlights how companies can better anticipate competitors and market changes through this approach. He also shares insights on crafting actionable playbooks post-war games, emphasizing collaboration and agility. Real-world scenarios, like those influenced by COVID-19, underscore the necessity for adaptability in business strategy.
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Corporate War Games
- Use war games as dress rehearsals to stress-test strategies before deploying them.
- Borrow concepts from the military to understand the competitive landscape and likely stakeholder actions.
Wargaming vs. Scenario Planning
- War games go beyond scenario planning by incorporating competitor and stakeholder actions.
- They move beyond intellectual exercises to actionable steps.
Battle for Mobility
- A war game example is the "battle for mobility," where teams representing automakers, tech companies, and ride-sharing services compete.
- The game explores the future of mobility, including non-ownership and the impact of AI.
