Seizing The Middle: Chess Strategy in Business

Chess can serve as an apt metaphor for other areas of our lives, especially business. That’s because the game is a microcosm of the ways we use strategic thinking. There are not many areas where we can quickly assess the quality of our decisions and whether they are likely to have the desired effects. Chess helps us develop strategic thinking because we get immediate feedback on our strategic decisions. It also shows the benefits of thinking ahead.

Perhaps its value for teaching strategic thinking has something to do with the game’s longstanding appeal. Chess has been around for an estimated fifteen centuries, and precursors go back at least 4,500 years; it both reflects and teaches important skills. Seizing the middle is a chess strategy embodying the value of forward thinking. It involves using pieces to commandeer the middle of the board. A player can then restrict their opponent’s movements by controlling the maximal number of pieces in the game.

Strategies akin to seizing the middle are also used in areas such as business, economics, and negotiation. Analogous strategies involve limiting an opponent’s options by asserting control over a resource or area, be it physical or conceptual. Some of the most profitable businesses throughout history employed this strategy and treated the world like a chessboard.

John D. Rockefeller infamously used the strategy of seizing the middle to control the oil industry throughout the nineteenth century. Before he turned forty (according to a Fortune estimate) Rockefeller had personal control over an estimated 90% of the US oil refining industry via the Standard Oil company, and by the time of his death he was the richest person alive. Depending on who you ask, he was either a callous figure who valued money above all else or a shrewd businessman who boosted employment and gave away most of his fortune. Unsurprisingly, every detail of his life and especially his business strategies have been analyzed at great length. While the opportunities Rockefeller capitalized on are unlikely to come about again, they show how chess strategies can translate into business acumen.

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Πηγή: fs.blog

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