Thursday, May 29, 2008

Game Theory works well at the work place too

The goal for each one of us at the workplace is simple. As managers not to have too much dependency on their subordinates and as subordinates to create maximum dependency of the superiors and peers on them. The organization can function well only if there is a balance between the two extremes.

The reasons are quiet obvious. For ex: If the manager tries playing the game extremely and will not allow any single person to work on a single project for sufficient amount of time and keeps switching them across projects then his subordinates will not be able to gain expertise and this will end up in a disaster for the company. In the same way if the subordinate plays the game in an extreme manner then too the result is the same, as he will end up losing his team spirit and will not share his knowledge and expertise with his peers.

The conclusion is simple both the players should play the game in a good spirit to reap the maximum benefits. In this way the two players will not only benefit themselves but could also help the organization reach its objectives.