Poker Strategies in the Business World
"What does poker have got to do with business?" the layman thinks at first. Jan Heitmann, one of Germany’s best gamblers, former World Series finalist and now a sought-after management coach, began to address this question years ago and has since turned it into a profitable business idea.
His answer: "Quite a lot!” And this theory has long since borne fruit. Today, successful managers from top companies and famous media representatives such as Klaas Heufer-Umlauf, Elias M’Barek and Boris Becker swear by the 42-year-old’s innovative strategies. Here is an overview on how Heitmann brings poker skills and business trainings together.
To put it in a nutshell: everything is about decisions. Or better said: about making better and faster decisions in stressful situations. If you want to practice this, poker is a must for you. At least if you ask Jan Heitmann. "When it comes to the business world making decisions is an everyday-job. A successful manager usually makes better decisions than others and therefore climbs the career ladder faster or further up. That’s exactly the same with poker. You have to make quick decisions with many unknowns. In poker, the cards almost have no function because the actual game takes place in the betting rounds. This is where I make investment decisions based on my personal assessment of the game and the other players."
The better the investment decision in relation to the opponents, the higher the chance to win the game! These scenarios also convince companies. Heitmann projects simple models from the poker game onto real business life and derives success formulas from them. His trainings and speeches are unconventional, entertaining and practical. After all, the poker expert also used to study business administration. And so, in the truest sense of the word, he manages to playfully connect both worlds and develop added value for professional everyday life.
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