News & Commentary
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Obesity: Nudging Towards Health 2.0
Health 2.0 is 21st century health policy. It is about rational discriminating patients making decisions about their quality of life; it is about nudging people to participate in a wellness-and-lifestyle programme (WLP) with timely and effective health care for better health and improved quality of life. Our client, Medfit Proactive Healthcare, is the first and…
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A Nudge Too Far: Are You Ready for the Future?
Using audience participation games Patrick will be addressing business audiences in both Singapore (March 3rd) and Hong Kong (March 6th) on the theme of the digital self and data patterns. Building on a series of behavioural economics anecdotes and real examples from game theory he will present a critical review of game theory and behavioural…
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Management Behaviour & Twittering of Geese
An early version of a manuscript has been discovered amongst the archives, so here it is with a particular relevance today in defining the game boundaries of a management team, wherein products survive, markets evolve and firms grow. As players, management adapt to their environment and adopt new strategies just like a family of geese…
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Whither the Euro? The Liar’s Paradox
Whither the Euro? The Liar’s Paradox In Dickens’ Hard Times the character Mr Gradgrind can’t help but speak about Facts to his pupils: ‘Now, what I want is, Facts. Teach these boys and girls nothing but Facts. Facts alone are wanted in life. Plant nothing else, and root out everything else’. As we listen to…
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Activist shareholders, Tobin’s q = Marris v
Investors generally over-react to good and bad times. Equity values are now increasing at a decreasing rate across the indexes as investors anticipate corporate earnings and begin to read the signals; many investors extrapolate past share price performance, and using an moving average or charting the trends in the share price are de rigueur in…
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Who Owns our Personal Data?
Who Owns our Personal Data? Personal information and data stored in the cloud have an inherent high ‘tradable’ value – they facilitate the discovery of patterns. We trust the providers and processors and distributors of the data, they retrieve our personal data and they can and do use it. Our data is now a tradable…
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Memo to Ms Ahrendts
MEMO Re: Apple Inc: Play not to lose: Minimax strategy Dear Ms Ahrendts Congratulations on your recent appointment. We have been commenting on Apple for a number of years in this Blog, and from the perspective of game theory. You should challenge everything about the data – market share figures, consumer loyalty and the source…
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A valuable tool to analyse business strategies
South China Morning Post Interview: Game theory is about understanding human behaviour. Individuals, including employees and managers, are curious by nature; they like to observe people in action, as well as to play games and win. And while business leaders are making decisions every day, they are also players in a game which requires them…
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New Decoding Strategy Book
Link to book on publisher’s website In his new book, Decoding Strategy, Patrick introduces the T/3 framework as a template for discovering patterns in company data and intelligence. With an emphasis on player type, game technology and time, the T/3 framework supports a narrative on rival interaction and observation. He argues that patterns do exist…
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Patterns & Predictions – Playing to win v playing not to lose.
Patterns & Predictions – Playing to win v playing not to lose. Talk2013Patternsv01Asia.ppt