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How Online Games Can Sharpen Your Business Acumen

However, team bonding and revelries aside, there are many other applications of games that can make you and those around you better at business.
In this article, we look at the business skills you can sharpen with some online games, as well as how gamification should be an integral part of your business model as a whole.
Thinking a Step Ahead of Your Rivals
Every businessman on the planet would love to have access to a time machine, enabling them to predict the future with 100% accuracy.
Unfortunately, unless the likes of Jeff Bezos and Bill Gates know something the rest of us mere mortals do not, the best that budding businessmen and entrepreneurs can do is to make sure they have all the information possible so they can accurately predict how markets will swing and their rivals are likely to react.

When you get the hang of how your chess opponents go about trying to attack your king, soon enough you will see that boardroom rebellion or shareholder revolt are much the same, and you saw them coming a mile away.
All different versions of online chess with make you appreciate how important it is to look at multiple moves in advance at each stage if you wish to be victorious in the game.
Knowing Your Probability of Success is Key
Any hardened businessman will have been in that meeting or boardroom situation, where a deal is put on the table and there is pressure for you to judge its merits there at the moment, with no help from colleagues.
In such situations, your gut feeling will only take you so far, with you required to rack your brain for the math equations that unlock whether it is a deal worth taking or if you would be better off going back to the drawing board.
But what can be done to prepare you for such events? Because, after all, the last thing you want to do is continually be on the wrong end of deals as you build your experience. One of the best ways is to place yourself in those clutch pressure situations, time, and time again. Some of the easiest ways to replicate this include playing games where decision making is absolutely key, such as online casino games.

Improving your online gaming skills will stand you in good stead when you next set foot in the boardroom
Gamification is Not Just About Play, But Consumer Engagement Too
While playing certain games yourself is a sound way to improve your own skills, that will not always directly relate to solid sales figures for your company or own business.
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However, more and more marketing departments are finding that gamification is the new nirvana when it comes to added customer engagement, with even minor gamification tweaks to a campaign leading to huge upticks in sales performance. What this means, in the long run, is that all that gaming you did was in fact a form of market research, and will have you ready to bring your company into the 21st century with campaigns that get people playing and engaging with your products or services more than ever before.Copyrights © 2023 Inspiration Unlimited eMagazine
Any facts, figures or references stated here are made by the author & don't reflect the endorsement of iU at all times unless otherwise drafted by official staff at iU. This article was first published here on 23rd October 2020.