Sunday, November 14, 2010

Entrepreneurial skills

Malaysian businesses are crying for thinkers. I have not found anything that teaches that better than chess. What are the necessary skill sets in healthy competition? The ability to think creatively within the rules. Like it or not those will be the bywords in our increasingly globalised world.

If properly taught, chess teaches us decision making. It teaches us how to make the right decisions before the right execution. It teaches us how to find the right strategy, the correct perspective. It teaches us how to appraise realistically.

The tools are competitors analysis which gives us our comparative advantage. It teaches us the value of right preparation and training. It can also teach us the value of partnership and team building.

In short it teaches us how to think well first and then how to think well fast.

But there is one huge advantage chess has. In business one wrong decision can cost the company or you a lot of money. In business the price of wrong decisions can be very high.

In chess you get to train your thinking move by move, game by game and tournament by tournament until you get it right.

But if you get it wrong, there is the danger of permanent damage. The loss of motivation. The inability to set high goals. If we get it wrong we start to close down the mind. What does the evidence show us?

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