I often marvel at the detailed analysis, intelligence collection, and in-depth discussion that’s presented during a single NFL broadcast. It makes me wonder if the same rigor is applied in a typical corporate boardroom when it comes to the serious game of business.
Probably not, but that’s a shame because business can be a high-stakes game filled with risk and uncertainty, where bad decisions can lead to a whole host of issues. From the factory floor to the C-Suite, you have a playing field comprised of serious players, no nonsense rules, and little room for error.
But the volatile world of business doesn’t have to be so risky, and this is where serious gaming comes in to save the day.
So, How Does Gaming Give You An Edge in Business?
A good friend of mine, Justin Lyon, founded a company called Simudyne. His vision is to provide affordable and customizable simulations to business and government that are as easy to use as the common spreadsheet.
He was featured in a recent article detailing the use of Simudyne’s game-like simulations, which are built to help business leaders make tough decisions in a risk-free environment.
This is all done with simulation software that is easy to implement and gives you amazing advantage over your competitors by reducing risk, controlling costs, and protecting profits: Serious Games for Serious Business.
What Makes Gaming Software the Best Bet for Big Business?
1. Gaming Technology Provides Businesses with a Superior Mathematical Toolkit.
Justin describes the tools leaders use as, “… a joke mathematically.” Leaders are trying to make heads-or-tails out of the performance of their enterprises using mathematically insufficient tools that lack necessary complexity.
What’s worse is these antiquated tools create the illusion of understanding. “You look at the tools they are using, and they don’t have the ability to experiment safely” … “Surely we can do better than red, amber, and green PowerPoints in the 21st century.”
He’s right. These tools don’t give leaders the ability to experiment safely, but a game-like simulation environment does.
2. A Gaming Environment Puts Big Data In Motion.
You can get lost in big data, and companies invest millions to sort, sift, and relate the data in meaningful ways. But the problem is that they are often challenged to derive any meaningful conclusions from the information.
The key to solving the big data problem is visualization that puts the data in motion. To get the best out of big data you must be able to visualize the system end-to-end and use the information as the basis for future approximations. Simulation software creates a fail-safe gaming space that fixes the big data problem.
3. Visualization Simplifies the Complexities of Data.
Complexity science and agent-based modeling put your data in motion. They manage the complex relationships, dependencies, and behaviors that animate your data.
Complexity science examines how inter dependencies in a system interact to give rise to behaviors. Most natural systems (such as the weather) are fundamentally complex. Computers are very effective at managing models of these systems and representing thousands of information variables.
Agent-based models simulate the actions and interactions of autonomous entities (such as individuals, materials or collective populations). These models are particularly useful in simulating crowd behavior and other social behaviors. Agent models are based on the idea that simple behavioral rules result in the emergence of complex behaviors as the agents interact.
Complexity science and agent-based modeling show the true power of simulations.
How Do You Develop Your Game?
Hire a competent firm with access to engineers, designers, and integrators. The firm should have professionals with a mix of skills in computer engineering, modeling, training, and process engineering. They should examine the “physics” of your enterprise and map the system.
A competent firm will have designers who will help you develop the most important aspect of your game – the visual environment. A decision space engineered to help you “see” the future and ultimately gain an edge in business.
How much does all of this cost? A good projection is about 2% of the entire project budget you are managing.
Why Learning to Play Will Change the Way You Do Business.
If you want to try an interesting experiment, sit down while your kid (or a serious gamer you know) is playing his or her favorite computer game. I bet you won’t stand much of a chance against them, because they’ve been at it over and over.
Now imagine if you could play your business game just like this.
What insights would you learn?
What pitfalls would you learn to avoid?
And most importantly, what experiments could you perform, over and over?
That is your key: to develop tools that enable you to safely play the game forward, repeatedly. This is the power that simulation software brings to business, and this technology could be your game-changer.
So, learn to play. Seriously!
© Takouba Security, LLC.
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