Geopolitical Influence and Strategy Tool
Faculty Author: Witold Henisz
Students explore geopolitical policy outcomes and their effects on firms' costs, revenues, and assets
- About GIST
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In today’s small world, a firm’s costs, revenues, and assets are often tied to international political and economic events.
Therefore, it is important for multinational managers to understand how policies, alliances, and other geopolitical issues
impact their business strategies.
Wharton’s Geopolitical Influence and Strategy Tool (GIST) simulation allows students to map out an international scenario and populate it with actors, each of whom has a varying degree of decision-making influence and a defined set of beliefs. Using an interactive graphing interface, GIST participants can then explore the probable relationships between the scenario’s actors. Finally, players view the outcome of the simulation by viewing a second interactive graph that displays the evolution of the actors’ preferences over time, showing the likely policy outcome.