Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Business strategy is as difficult as chess

9,101 views

Published on

An epsilica slideshare presentation.

The centuries old game of chess can teach us a few things about strategy

  • Be the first to comment

Business strategy is as difficult as chess

  1. 1. Chess, a game of strategy, just like business<br />by<br />Epsilica Consulting<br />“Follow the tactics of chess and reap the rewards”<br />
  2. 2. The first mover gains immediate advantage<br />Chess: White always moves first<br />Business: First to market gainsmomentum through market share<br />
  3. 3. The weakest are destroyed first<br />Chess: Pawns are small, move slowly and easier to remove<br />Business: Small companies with no protection fall quickly<br />
  4. 4. Higher prominence gives more power<br />Chess: Control of the centre of the board gives tactical advantage<br />Business: Control of a market makes it difficult for opponents to penetrate<br />
  5. 5. The best players think ahead<br />Chess: Experience allows you work out your opponents moves and your counter moves<br />Business: Strategic planning is all about what if’s, good ones plan for all eventualities<br />
  6. 6. Opponents who have more experience tend to win<br />Chess: Chess is not about luck, novices make more mistakes<br />Business: It is harder for small businesses to compete<br />
  7. 7. Experience is powerful<br />Chess: Experienced players learn how to avoid common mistakes (checkmate in 4 moves is a lesson never forgot)<br />Business: Learning from experience makes the company stronger<br />
  8. 8. Gaining ground is followed by consolidation<br />Chess: Players who gain an advantage normally win if the advantage is protected<br />Business: Retaining competitor advantage makes the opposition more vulnerable<br />
  9. 9. Some moves are just not logical (or are they) ?<br />Chess: Players sometimes sacrifice high value pieces for added advantage later<br />Business: The competition occasionally does something outlandish<br />
  10. 10. Mistakes can cost you the game<br />Chess: A misjudged move can lead to checkmate<br />Business: An ill-judged decision can kill your business<br />
  11. 11. Never play for a 50% share<br />Chess: Playing for a draw is a fallback position<br />Business: It’s a ruthless world there are always winners<br />
  12. 12. The small ones occasionally win through<br />Chess: Pawns, the least powerful pieces on the board can become the most powerful with persistence<br />Business: Small companies occasionally gain the upper hand with perseverance (or luck)<br />
  13. 13. One little challenge<br />Chess: Mate in 2<br />Business: Don’t cheat<br />
  14. 14. This presentation was brought to you by Epsilica Consulting Ltd.<br />Epsilica provides specialist consulting services to startups, SMEs and multi-national companies across industry sectors.<br />For further information visit http://www.epsilica.com<br />

×