04 Jun 2024
28m

Why You Need to Stress Test Your Strategies (and Tactics)

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HBR IdeaCast

This podcast episode explores the concept of corporate war gaming as a valuable strategy development and innovation tool. Corporate war gaming goes beyond traditional scenario planning by stress testing strategies and considering the actions of key competitors and stakeholders. It helps organizations de-risk their strategies, find innovative solutions, and devise winning strategies. War gaming generates deep insights, challenges the status quo, and provides a structured approach to addressing different scenarios. It can be applied to various industries, including the pharmaceutical industry, and benefit organizations of all sizes. Additionally, war gaming can also be useful for individuals in career planning to make informed decisions and reach their desired goals.

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