The document discusses traditional strategy development and planning versus dynamic strategic simulations. Traditional approaches have shortcomings like not anticipating unexpected changes, not involving managers in developing commitment to the strategy, and not building in checks and balances. Dynamic strategic simulations like CapsimETX address these issues by involving decision-makers in developing strategies through learning simulations. CapsimETX also enhances business ethics learning by presenting real-world ethics cases and connecting team decisions to long-term impacts on the simulated company.
![Anticipate the success drivers and identify vulnerabilities Past History and Trends Potential Discontinuities Predetermined Developments Critical Uncertainties Scenario Planning Trade-off Analysis Impact Analysis Risk Assessment Traditional analysis stops here ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Evolving Future Competitor Actions Customer Response Fatal Surprises Unexpected Friction STRATEGIC INPUTS STRATEGY DEVELOPMENT SELECTED STRATEGY The traditional strategy development and planning has shortcomings Dynamic Strategic Simulations NOT FOR DISTRIBUTION – PROPRIETARY](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)