Home
Business Guide





 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
business   »  business strategy   »  business strategy vs. chess strategy

Business Strategy vs. Chess Strategy

        posted by , April 10, 2013

When you see a good move, look for a better one.
~ Emanuel Lasker
Chess is about outcomes. Every potential move opens up a new universe of possible outcomes.

The art of chess is to see future outcomes and apply strategies to win. Business is no different.


Poor Strategy

A poor chess strategy fails to see the potential consequences of a single move.

For example, an absolute beginner at chess might move a Queen where it can be lost (not as a strategy but as a mistake).

poor chess strategy


Mediocre Strategy

A mediocre strategy considers the immediate consequences of a move. If a move results in the loss of a Queen, the move is avoided.

mediocre chess strategy


Master Strategy

A chess master can see many levels of possible outcomes for each move. A player who considers 3 levels of outcomes in their strategy almost always beats a player who considers 2 levels.

A chess master might purposely give up a piece to obtain a long term advantage in a game. This is known as a combination.

Combinations are complex strategies that require thinking through a large number of possible future outcomes.

strategy levels

A computer can potentially evaluate many levels of outcomes in the game of chess. However, eventually the levels don't have as much impact.

A player who can see 3 levels can apply sophisticated strategies that can potentially beat a computer that's looking at 7 levels.


Business Strategy

As in chess, a business that considers 2nd and 3rd level outcomes tends to have an advantage over a business that only considers immediate outcomes.

Two businesses consider adopting an aggressive sustainability strategy. The first business only looks at the short term:

sustainability difficult first steps

In the short term, a sustainability program generates publicity but requires effort, risk, change, costs, hiring and a culture shift. All these things can potentially threaten short term profits and incentives. As a result, a business that just looks at the short term has little incentive to start a meaningful sustainability program.

However, a business that looks at the long term has a different view:

sustainability strategy

In the long term sustainability can represent competitive advantages such as innovation, brand value, reputation, efficiency, productivity, employee engagement and stronger customer relationships.

A long term business strategy usually beats short term tactics.


3 Shares Google Twitter Facebook



Related Articles



Business Strategy
Lists of business strategies and tactics.




When best practices become strategies unto themselves competitive advantage quickly erodes.

Tactics for disarming a loaded question.

A critical business topic that's widely misunderstood.

Management by exception frees you to focus on strategic goals.


Recently on Simplicable


70 HR Metrics With Examples

posted by Anna Mar
Who's watching the watchers?

14 Best Practices for Customer Service and Support Processes

posted by Anna Mar
Superior customer service is easiest and cheapest way to build competitive advantage.

6 Consulting Circus Tricks

posted by John Spacey
IT consulting is a tough industry that knows how to get paid.

65 Business Risks (List)

posted by Anna Mar
Risk is celebrated as the brave and alluring basis for economic progress. But risk has a dark side ...

Sitemap






















about     contact     sitemap     privacy     terms of service     copyright