Chess is a board game that has been around for centuries. It has to do with the art of war. It’s all about strategy, tactics, and the ability to outmaneuver your opponent; the final aim being to checkmate them (that is, capture their king). Once that happens, the game is over.
Chess has been shown to:
Improve problem-solving skills
Teach planning and foresight
No wonder you can find a Chessboard in the home or office of top CEOs (Bill Gates, Peter Thiel), world leaders (Barack Obama, Bill Clinton) and even famous TV personalities (Arnold Schwarzenegger, Julia Roberts of Pretty Woman).
Chess and business strategy have many similarities. Here are Gerardo Dada top 6 similarities between chess and business strategy:
1) Each situation is different, each game is diferent. You can play a thouand times and each game will be different from the past games. For that reason, there are no cookie-cutter strategies you can apply to win.
2) But there are ‘moves’ that we can learn from. While the game is different, there are things you can learn from different situations which will help you win in similar situations in the future.
3) Both involve observation, analysis and creative thinking. You look at the board, understand what is going on, dependencies and inter-relationships, which pieces are attacking which positions, which pieces are protecting other pieces, what spaces are left unprotected. You then use that information to work on the next steps based on your strategy
4) Each piece has a purpose, a function, and a role within a specific strategy. Horses jump so they are great for opening the game. The queen is versatile but also valuable. And so on. In business, each part of the business, every resource, and every team member has its own ‘moves’ and their value is dependent on how you position and use them in the ocntext of the game.
5) You have to anticipate your competitor’s moves and consider their potential reaction to each of your own moves. Every action has a reaction. In both games you try to understand your competitor, their intent and their strategy, you plan for their moves and defend ahead of time. You trick them into doing what you want them to do.
6) Neither game can be won with short-term tactical thinking. You have to think ahead three or four steps. The further ahead you can think about the implications of a move, the better of you are. Defending a piece may have larger strategic implications for you such as losing strategic position.
What's your opinion on the similarities given by the tech pioneer Gerardo Dada? Leave your comment below.
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