Monday, January 14, 2013

The Right Game: Use Game Theory to Shape Strategy

This article was given to us the last time I attended this class and was one of my personal favorites.
It demonstrates the concept of Unintended Consequences that we mentioned in class. In addition you can find in the article how traditional business games suggested by the Porter's 5-force model  use Game Theory (which is a personal interest of mine, so maybe I'm biased :) ) to Shape Strategy.
Enterprise 2.0 is a new type of business entity, which operates according to four principles: Openness, Peering, Sharing and Global-level activities.
These principles seem eliminate the element of competition and are contrary to the interests to be the only company in its field, But is it So???

P.S I know it's kind of long but it really  is worth the reading...

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