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Or ‘Playing the Game’
Claire Eason-Bassett
Well, hello!
Aims
• Introduce game theory as a way of
thinking about the decisions we make
• Consider event management as a
complex context in which to make
decisions
• Discuss how we use Agile to make more
effective decisions
Do we like risk?
How do we make decisions?
• There is a decision-maker
• Who chooses an action from a set of alternatives
• The set may be defined or undefined
• We may consider the actions of other players (or not)
• We may know the potential outcomes (or not)
• We may know the likelihood of each outcome (or not)
• The decision may be right and/or rational
• Decisions are dependent on risk and ignorance
• What could influence our business decisions?
AttendTTS
Yes
Engage
Learn new
things
Meet new
people
Positive impact
on work
Not Engage
Enjoyment?
Minimum
impact
No Do other stuff
Get on with
the next thing
ThriveThird Sector
Types of decisions
Known
Unknown
Dynamic Static
Prisoners’ Dilemma – Known; Static; Non
Zero Sum
Prisoner 1 – blames P2 Prisoner 1 – stays schtum
Prisoner 2 – blames P1 Both go to prison but reduced
sentences
(1,1)
Prisoner 1 does full sentence
Prisoner 2 goes free
(0,2)
Prisoner 2 – stays schtum Prisoner 1 goes free
Prisoner 2 does full sentence
(2, 0)
Both go free
(2,2)
Nash Equilibrium
- Considers outcome
of decision
- In this example it’s
dynamic, unknown
and zero sum
Dating
Adam Richard David James
Gina 4 2 3 4
Laura 3 1 1 3
Helen 2 3 2 1
Holly 1 4 4 2
Adam Richard David James
Gina 1 2 3 4
Laura 3 1 4 2
Helen 1 3 4 2
Holly 1 4 2 3
Linear Process
Event management
The 6 Segment Model
STRATEGY CONTENT
PEOPLE
MARKETINGOPERATIONS
FINANCE
6 SEGMENTS
DIGITAL
Layer Up
SUSTAINABILITY
CREATIVITY
ACCESSIBILITY
EXTERNAL ENVIRONMENT
EVALUATION
Non-linear process
Iterations & loops
Types of decisions in events
• Think back to the game theory stuff….
• Zero sum vs Non zero sum
• Known vs unknown
• Static vs Dynamic
• Finding the Equilibrium
• Ordinarily, we’d manage this with
project plans, detailed documentation,
advance decision making, to try to
control the non zero sum, unknown,
dynamic game but…..
Agile for events
• Natural fit – flexibility, adaptability
• Individuals and interactions over
processes and tools
Working event with comprehensive
documentation
Customer collaboration over contract
negotiation
Responding to change over following a
plan
• Can start to get on top of the complexity
by breaking down into sprints and
constant testing with the client
Agile decisions
• Identifying the options that are not viable – important to understand the A&O
from the beginning for an event project to set decision making parameters
• Intuitive responses, developed through experience
• Breaking big decisions into smaller – chunking down
Sprints as games
• Collective decision making
• Cultivating a diverse but consistent mind set
• Project planning in game units – testing for different outcomes (reverse decision
tree)
• Emergency planning – scenario testing
• Finding equilibrium points in each sprint
• MVP – high risk as a whole, but a useful means to test incremental innovations
within a project
Scrum problem solving
When to collaborate….
Static, Known
You make the decision because that’s
your role (positional power)
Dynamic, Known
You confer with the team through an
established protocol (planned
process)
Static, Unknown
You make the decision on the basis of
your experience & knowledge
(subject matter expert)
Dynamic, Unknown
You get the team together to develop
a solution together (collaborative
approach)
Continuous Improvement
Going beyond Kaizen and Plan, Do,
Check,Act, using agile in this way
leads to experience-informed
decision making and the
cultivation of organisational
learning.
Warning!
Developing intuitive agile
• Improving our decision making:
• Considering options & probabilities
• Fine tuning our intuition
• Understanding the why
• Accepting and learning from everything
• Breaking down the complex into games (sprints)
• Practicing game playing and scenario testing
• Seeking equilibrium
• Constructivist thinking & standardisation (where possible & useful) without
solidifying the mindset – creating effective shortcuts but not limiting creativity
In order that we can:
•Manage risk
•Take advantage of opportunities
•Build effective teams
•Achieve our aims and objectives
Thank you

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Claire Eason Bassett agile decision making - tts17

  • 1. Or ‘Playing the Game’ Claire Eason-Bassett
  • 3. Aims • Introduce game theory as a way of thinking about the decisions we make • Consider event management as a complex context in which to make decisions • Discuss how we use Agile to make more effective decisions
  • 4. Do we like risk?
  • 5. How do we make decisions? • There is a decision-maker • Who chooses an action from a set of alternatives • The set may be defined or undefined • We may consider the actions of other players (or not) • We may know the potential outcomes (or not) • We may know the likelihood of each outcome (or not) • The decision may be right and/or rational • Decisions are dependent on risk and ignorance • What could influence our business decisions?
  • 6. AttendTTS Yes Engage Learn new things Meet new people Positive impact on work Not Engage Enjoyment? Minimum impact No Do other stuff Get on with the next thing ThriveThird Sector
  • 7.
  • 9.
  • 10. Prisoners’ Dilemma – Known; Static; Non Zero Sum Prisoner 1 – blames P2 Prisoner 1 – stays schtum Prisoner 2 – blames P1 Both go to prison but reduced sentences (1,1) Prisoner 1 does full sentence Prisoner 2 goes free (0,2) Prisoner 2 – stays schtum Prisoner 1 goes free Prisoner 2 does full sentence (2, 0) Both go free (2,2)
  • 11. Nash Equilibrium - Considers outcome of decision - In this example it’s dynamic, unknown and zero sum
  • 12. Dating Adam Richard David James Gina 4 2 3 4 Laura 3 1 1 3 Helen 2 3 2 1 Holly 1 4 4 2 Adam Richard David James Gina 1 2 3 4 Laura 3 1 4 2 Helen 1 3 4 2 Holly 1 4 2 3
  • 15. The 6 Segment Model STRATEGY CONTENT PEOPLE MARKETINGOPERATIONS FINANCE
  • 19. Types of decisions in events • Think back to the game theory stuff…. • Zero sum vs Non zero sum • Known vs unknown • Static vs Dynamic • Finding the Equilibrium • Ordinarily, we’d manage this with project plans, detailed documentation, advance decision making, to try to control the non zero sum, unknown, dynamic game but…..
  • 20. Agile for events • Natural fit – flexibility, adaptability • Individuals and interactions over processes and tools Working event with comprehensive documentation Customer collaboration over contract negotiation Responding to change over following a plan • Can start to get on top of the complexity by breaking down into sprints and constant testing with the client
  • 21. Agile decisions • Identifying the options that are not viable – important to understand the A&O from the beginning for an event project to set decision making parameters • Intuitive responses, developed through experience • Breaking big decisions into smaller – chunking down
  • 22. Sprints as games • Collective decision making • Cultivating a diverse but consistent mind set • Project planning in game units – testing for different outcomes (reverse decision tree) • Emergency planning – scenario testing • Finding equilibrium points in each sprint • MVP – high risk as a whole, but a useful means to test incremental innovations within a project
  • 24. When to collaborate…. Static, Known You make the decision because that’s your role (positional power) Dynamic, Known You confer with the team through an established protocol (planned process) Static, Unknown You make the decision on the basis of your experience & knowledge (subject matter expert) Dynamic, Unknown You get the team together to develop a solution together (collaborative approach)
  • 25. Continuous Improvement Going beyond Kaizen and Plan, Do, Check,Act, using agile in this way leads to experience-informed decision making and the cultivation of organisational learning.
  • 27. Developing intuitive agile • Improving our decision making: • Considering options & probabilities • Fine tuning our intuition • Understanding the why • Accepting and learning from everything • Breaking down the complex into games (sprints) • Practicing game playing and scenario testing • Seeking equilibrium • Constructivist thinking & standardisation (where possible & useful) without solidifying the mindset – creating effective shortcuts but not limiting creativity
  • 28. In order that we can: •Manage risk •Take advantage of opportunities •Build effective teams •Achieve our aims and objectives