![]() ![]() It helps in the identification of potential vulnerabilities of the business.It generates insight into how the market may change and helps the business design strategies proactively.It creates an improved understanding between teammates and employees in different areas of the business.It allows identifying missing information that is currently not visible in the marketplace.It complements traditional approaches to developing company strategy that do not take market dynamics into play.It allows the business understand how they and their competitors would react to change and to each other. ![]() The War Gaming technique has different benefits explained as follows: In Business Analysis, war games are useful when trying to establish a company’s competitive vulnerabilities.įrom a business strategy viewpoint, a war game is a simulation of a business condition, normally involving a group of teams representing a customer or a market, a group of competitors, and a sequence of other entities or factors. These types of competitive scenarios and simulations are useful in exploring the repercussions of strategic changes within an environment that attracts no risks and low costs, more so, for organisations that are facing dire strategic decisions. A war game represents the simulation of a business situation (including real-world conditions) where different participants play different pre-defined roles in order to test certain assumptions made about the business and the competitive environment, with the overall objective of designing a suitable strategy for the business. The teams involved in this may include customers, regulators and competitors. ![]()
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