What is a War Game? What relevance does it have for business?
For centuries, war games have been used to test, educate or improve tactical expertise in the military. Simulstrat has harnessed the war gaming methodology and applied it to businesses, using the years of experience among the senior staff at Kings College London. Each Simulstrat simulation is a role-play of a dynamic situation involving a number of players who each have their own identity within the game. Political, economic, social, environmental, and technological factors are simulated; these are regarded as important external factors that may influence and impact upon the future. Simulstrat can generate simulations that can be applied to businesses in a number of ways: from modelling changing market patterns, to ensuring business continuity during unexpected events. Simulstrat simulations can help businesses to plan for the future by producing data and intelligence; which companies can then act upon. Simulstrat simulations can also be applied to test the robustness of businesses exi