A Chinese Mathematician Figured Out How To Always Win At Rock-Paper-Scissors – (Business Insider)
This is “Game Theory” demonstrating the Nash Equilibrium.
Very good to understand the “Kia-Soo” (Singlish means: 惊(怕)输 “afraid to lose”) syndrome of Singaporeans.
To win this game and beat the “kia-soo” mentality — 反其道而行 Adopt the reverse way of the opposition’s anticipated kia-soo way 🙂
Key points:
(1). Sequence : “R- P -S” or (中文习惯) “石头 – 剪刀 – 布”;
(2). Winner tends to stay same way in next move;
(3). Loser likely to switch to the next step in the Sequence (1).
Reflection:
In business,
(2) is where big conglomerates like IBM , HP, Sony, Microsoft etc lose because they stay put with the same strategy (Corporate Data Center, Sell thru Channel distributors with mark-up, CD/DVD music… ), and products (Mainframes, Servers, PC, CRT-TV, Packaged software…) which brought them to success but never re-invent themselves.
[A sad case is Kodak Photo]
(3) is the new start-ups like Google, Facebook, Amazon, Alibaba, Apple (after Steve Jobs rejoined in 1997), etc. They change the traditional way of doing businesses in (2) by using “Disrupted Technologies” (Search, Cloud, Smartphone, Tablet, Social Networking, …) and processes (AppStore, eBook, eCommerce, …).
http://www.businessinsider.sg/rock-paper-scissors-strategy-2014-6/#.VmepoEncjkR.whatsapp
Note:
Nash was the American Mathematician in the movie “Beautiful Mind”. He won Nobel Prize in Economics for the Game Theory – “Nash Equilibrium”.