Game Theory is a branch of mathematics that focuses on situations where there are several stakeholders, each with different goals, whose actions can affect one another.

The value of game theory lies in understanding the interactions and the likely outcomes of a business issue when the end result is dependent on the actions of others who have potentially conflicting motives.

Open Options uses a game theory-based approach and proprietary software tools to model complex issues facing organizations across a range of industries. Since complexity often comes from a lack of understanding about the players involved, their potential impact, and the actions they are likely to take, this approach allows us to provide a more comprehensive view of the issue at hand and ensures the right strategic decisions are made.

Specifically, by applying game theory in the boardroom, we are able to:

• Paint a clear and comprehensive picture of the issue at hand to management
• Provide insight into the inter-relationships and interests of the key stakeholders and partners involved
• Identify specific strategic opportunities and threats that the situation presents
• Develop an optimal, robust strategy with strong management consensus and represents the best interests of the company

• Read more about game theory
• Read about the benefits of the Open Options Process