Competitive wargaming simulates business conditions and challenges organizations to create strategies that can evolve with ongoing changes. In competitive wargaming, executives play their own organization, their competitors and the marketplace. A control team plays other entities that impact the industry.
Effective wargaming includes real world conditions, a competitive market and unpredictability. Wargaming helps organizations with strategy, operational and tactical planning and execution.
Dependent on the situation an organization faces, wargaming achieves many purposes. It helps turn information and data about the market, competition and other elements into useful information that adds value to the quality of planning. Wargaming can produce deliverables such as an action plan, insights, knowledge and skills.
Competitive wargaming is frequently an effective way to assist organizations deal with strategic formulation. Wargaming enhances progressive thinking. Wargaming pushes individuals to examine the totality of the plan and not just a set of aggregated parts.