“This newsletter serves a demographic of highly intelligent readers, deep thinkers, life hackers, preppers, entrepreneurs, and survivalists. I especially focus on those with a passion for ideas, critical thinking, strategic game theory, and a desire to understand the world around them. Readers of my posts are usually tired of being patronized elsewhere by fact-less, opinionated know-nothings, misinformation, conspiracy theories, and fake news.
“Knowledge is power, wisdom brings meaning, contentment, and happiness!”
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On a personal note: Please excuse grammatical errors, typos, repetition, and any general nonsense, and such in this post. I am getting a bit older now, and I have about 20,000 pages of information that must get published before I leave the mortal coil. I simply write and publish more than my humble editors are able to correct. If you find enough errors you are welcome to contact me about being an editor of my work.
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A 2 - Minute Read
When students of self-improvement and personal development (including preppers) ask me how to get started on this path, I always give them the same answer. “Learn strategic thinking!”
Strategic thinking is a mental or thinking process applied by a person or group for the purpose of achieving a goal, a set of goals, or the desired outcome. As an applied activity, it produces focused thought.
One of my early mentors told me “A solid differentiation strategy is a key element to any efficient strategic planning process.”
In my mind, any strategic consulting that doesn’t involve game theory strategies is a very limited approach.
When applied in a group, community, or organizational process, strategic thinking involves the generation and application of unique creative and innovative insights and opportunities intended to create collaborative and competitive advantage.
Strategic thinking can be done individually, as well as collaboratively among decision makers and other key people who can positively alter an individual’s, group’s, and or organization's future. Group and collaborative strategic thinking may create more value by enabling a proactive and creative dialogue, where individuals gain other people's perspectives on critical and complex issues and problems. This is regarded as a benefit in highly competitive and fast-changing landscapes.
I have been studying, naming, codifying, and mapping out successful strategies in business and life for over 50 years. I have gathered hundreds of specific strategies and have learned though there are thousands of strategies they all fall within five forms of strategy:
1. general strategy,
2. corporate strategy,
3. community strategy,
4. competitive strategy,
5. collaborative strategy
In my own studies and coaching, I have found one of the greatest tools for developing PEEPPASA (practical, effective, efficient, precise, productive, accurate, and self-aware way) strategies is applied game theory.
Applied Game Theory is the name used to describe generally rational systems designed to explain why and how individuals and organizations strategize, i.e. make decisions when one person (or more than one other person) might also affect the outcome of the decision.
Today, (2022) game theory has become an umbrella term for thousands of these types of strategies. These strategies can be used to make sense of different defined interactions including relationships in business, spirituality, competition, sports, romance, and even interactions with nonhuman players such as computers, animals, and plants.
Another way of describing game theory is as the observation of a set of ideas and numbers that describe the past, present, or future state of something particularly strategic interactions between two or more individuals or groups (players) in a situation containing set rules and outcomes. Applied game theory can be used to create strategies in a number of disciplines and can be applied to make individual choices in everyday life. The theory has most notably been used as a tool within the study of economics, particularly in politics, sports, and international affairs. The economic application of game theory can be a valuable tool to aid in the fundamental analysis of industries, sectors, and any strategic interaction between two or more firms or individuals who need to strategize to create maximum benefit at the lowest possible cost.
The Takeaway
Now more than ever, any person willing to survive and prosper would be wise to learn how to think like a game theory strategist and create short and long game strategies to respond to different scenarios. If they don’t they are likely to suffer and struggle.
Vladimir Putin learned this game theory lesson the hard way.
….and remember, strategizing is not a dress rehearsal!
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Author: Hey there. My name is Lewis Harrison, and I am a businessperson and teacher. I am a proponent of entrepreneurism. I am a writer, teacher, and results-oriented life and business coach.
The author of over twenty books, numerous self-improvement, business success, and personal development courses, and the former host of a talk show on NPR Affiliated WIOX91.3 FM, I can be contacted directly to learn about coaching personally with me or for signing up for my Life Strategies Playbook Courses. Email me at LewisCoaches@gmail.com
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