Business Simulation
“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.”
Simon Owen
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:
- Improves the robustness of plans and contingency plans for anticipated and intended events
- Explores the interaction of internal and external factors e.g. communication channels, organisational culture and the changing regulatory environment
- Enables an organisation to manage and exploit changing conditions and new opportunities
- Where relevant, participants experience the stress of crisis management and response under realistic conditions
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.
Share this page
 |
© 2012 Deloitte LLP. All rights reserved. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity.
Please see About Deloitte for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its Member Firms. View our accessibility statement.