The Right Game 31212 Blackboard_1

The Right Game 31212 Blackboard_1 - Game Theory 1 The...

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Game Theory The Strategic Options Worksheet 1. Draw current strategic themes map (only the themes, not the execution goals). 2. Create multiple strategic options by forming variations of current strategic themes. 3. Vet strategic options by asking: Is it more likely to accomplish strategic objectives than the current strategy? 4. Create a pool of 4-5 vetted strategic options.
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Game Theory Vetting Strategic Options Will the current strategy accomplish strategic objectives? Start with strategic objectives No No Yes Create multiple strategic options by forming variations of current strategic themes Clarify current strategy by creating a strategic themes map Yes Select one option at a time* Is this option more likely to accomplish strategic objectives than the current strategy? Keep current strategy Discar d option *Alternative approach is to divide into teams and assign each team to vet a strategic option. Add to pool of vetted strategic options
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Professor Lee Tom Perry Business Management 498 The Right Game
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Game Theory Today’s Objectives Learn how to use the PARTS model as a means of staying on course to accomplish strategic objectives. Learn that business is not a zero-sum game, and that cooperation is often essential to a firm’s success.
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