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Mind sports like poker and strategic board games intuitively teach crucial business skills, such as making decisions under uncertainty and decoupling the quality of a decision from its outcome. They provide a low-cost way to develop executive decision-making capabilities.
To overcome emotional attachment to projects, turn each of 200+ initiatives into a playable card with stats. By getting the senior team to play a game, they naturally discard the "weaker" projects, painlessly culling the list without emotional debate.
When a team member asks for a decision, don't give them the answer. Instead, guide them with a series of questions about advantages, disadvantages, and future impact. This coaches them through the critical thinking process, empowering them to make better decisions independently in the future.
Like basketball coaches who make players analyze game film to spot momentum shifts, business leaders can use 'what-if' teams. By regularly gaming out hypothetical market shifts or competitor actions, they train the organization to recognize and seize real opportunities when they arise.
The hosts of 'Risky Business,' both high-stakes poker players, use the game not just as a topic but as a core mental model. Poker provides a practical framework for understanding probability, risk management, and human incentives, which they assert can be applied to decisions in politics, business, and personal life.
Employees often reserve their best strategic thinking for complex hobbies. By intentionally designing the work environment with clear rules, goals, and compelling narratives—like a well-designed game—leaders can unlock this latent strategic talent and make work more engaging.
The skills taught in improvisational theater—adaptability, active listening, and building on others' ideas—are directly applicable to effective leadership. Organizations bring in training divisions from improv groups like Second City to teach executives these critical collaborative skills.
Elite sports integrate mental skills like visualization directly into practice. Business lags by treating these skills as optional extras for employees to do on their own time. Dr. Gervais argues that forward-thinking companies will schedule and integrate psychological training into the core workday.
Technical or academic backgrounds often foster risk aversion by rewarding decisions based on complete information. Engaging in domains like poker, where one must make choices with incomplete data and accept that good process can still lead to bad outcomes, is powerful training for entrepreneurship.
Play is not just for children or sports; it's a critical adult activity for exploring 'if-then' scenarios in a safe environment. This process of low-stakes contingency testing expands our mental catalog of potential outcomes, directly improving creativity and adaptability in high-stakes situations.
A study by Professor John Mihalowski tested CEOs' intuition through card-guessing games. It found a direct correlation: CEOs who guessed correctly more often than chance also led companies with higher increases in profitability, suggesting a tangible business value for developed intuition.