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Improve Your Strategic Decision-Making Skills with this Simple Game

which_wayAnita Bruzzese is the author of 45 Things You Do That Drive Your Boss Crazy. We were fortunate to meet her at a conference we attended a few months back. She had a great post recently, where she discussed a game she played with her kids called, “Which would you rather?”

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georgeWith this game, you present your fellow players with a choice. For instance, I asked Mary-Lynn which she would rather give up for a month – chocolate or her cell phone.

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marylynn That was a tough question, but I would give up chocolate. My phone is my mobile device; there’s no way I could live without it for a month!

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georgeHmmm … Mary-Lynn with no chocolate. I’d plan to be away that month!

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A fun way to keep a conversation going

When we discussed conversation continuers recently, we said that games are one way to keep a conversation going. This is a great example of a game you could play to do that. For example, you could ask … 

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marylynn Who would you rather work for – a boss who’s super-demanding or a boss who’s never around? Anita posed more great questions in her post.

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georgeIf you check out her post, you can see how I answered the questions she asked.

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A fun way to improve strategic decision-making

Decision trees are a great way to visualize possible business strategies, since a business can be thought of as a series of either / or options. Sounds like a ramped-up version of “Which would you rather”, doesn’t it? Question 1 leads to Question 2 and so on.

For example, let’s say you plan to start a restaurant. Play “Which would you rather?”

  • Which would you rather open – a big restaurant or a small restaurant? Let’s say you choose bigg … with two g’s of course!
  • Which would you rather be – part of a franchise system or an independent? You really want to create your own brand, so you want to be independent.
  • Where would you locate – in a strip center or a free-standing building? You could do some research to determine which one seems to work better for restaurants like the one you plan to start.

We could keep going, but you get the idea. The reason you create the decision tree is to see the impact of your choices. For instance, if you chose “franchise” for the second question, they may specify whether you’re inline or free-standing.

A fun way to teach your kids critical entrepreneurial skills

Play this game with your kids and help them develop critical entrepreneurial skills! Just add the “decision tree” dimension one question at a time. So instead of asking your kids to think of one question, ask them to think of three – the initial question and a follow-up question for each of the possible answers. They’ll be thinking like an entrepreneur in no time!

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Next time, we’ll examine a highly-touted way to pay off your mortgage early. Until then, here’s to your bigg success!

 

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