“We are seeing increasing demand from our clients for sophisticated testing, simulation and validation of strategy and contingency plans through predictive analysis that wargaming can provide. The acquisition of Simulstrat will significantly boost our existing capabilities. Operating in increasingly challenging environments, our clients have to confront issues such as climate change, commodity price volatility, political and economic instability as well as more traditional disaster scenarios. Business simulations can ensure their organisation is robust and resilient enough to withstand these challenges.”
Lead Partner, Information & Technology Risk
Deloitte’s Resilience & Testing team has extensive experience in business simulations. It consists of skilled practitioners from the Deloitte Information & Technology Risk practice and has recently expanded to include specialists from Simulstrat, a spin-off from the department of war studies at King’s College London. The team has accumulated several years experience in adapting the methodology of military wargames to the needs of business. During this time, the team has developed a comprehensive methodology and a formidable track record.
The benefits of business simulations:
Business simulations can be used to both develop strategies and plans and to rigorously test existing plans. When and how simulations can be used is illustrated below:
To discuss how a tailored business simulation could help your organisation, please contact the team.