Successful and
winning organizations have two things in common – a plan that
is realistic and strategically sound and the capability to employ
resources to achieve the objective.
Business wargaming is a derived marketing planning
process that facilitates strategic and tactical thinking when developing
situational awareness of the company’s competitive position.
Wargaming the Plan helps identify the most dangerous (and likely)
attack and defense strategies of the competition and reveals what
measures your company should take to block or preempt competitor
actions.
Wargaming is especially valuable:
- When launching a new product;
- When changing strategic direction;
- During periods of industry-wide change;
- When facing the entry of a new competitor;or
- When up against strong and aggressive competition.
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