How to Make Better Business Decisions

How to Make Better Business Decisions: In 1999, Michael Schrage wrote Serious Play: How the World?s Best Companies Simulate to Innovate. More than a decade later, the trends he identified ? including the importance of using models, simulations, and prototypes to enhance business performance ? have only intensified. ?The economics of playing with representations of ideas has been transformed,? Schrage told me in a recent podcast interview. ?Today, you can do these things far faster and far better.? So how can you and your company take use ?serious play? to improve your strategy, performance, and decision making? Here are three techniques to consider: