TWS Partners

In December, we asked about the changes that disrupted your best plans. Whether it was technological breakthroughs, shifting consumer preferences, competitor strategies, or new regulations, your responses painted a clear picture: Change is inevitable, inherently unpredictable, and often profoundly impactful.   But here’s the silver lining: we can navigate uncertainty if we are willing to embrace it.   At TWS Partners, we help businesses turn uncertainty into opportunity. 🔑 We developed #FLUID – a strategy powered by economics and game theory that allows you to navigate change with precision and control. Here’s how it works:   1️⃣ Define Your Prime Path: Determine the most promising target and chart the optimal route to it, based on your best assumptions about how conditions are and might evolve. 2️⃣ Be Ready for Change: Keep alternative targets that account for shifting conditions. 3️⃣ Develop a Game Tree: Map out paths to alternative targets, analysing where they branch off, converge, or should be cut. 4️⃣ Specify Your Decisions: Define in advance what to monitor and what impact the new conditions will have on your decision-making to ensure precise and informed actions.   Decision-making turns into a game tree, where you systematically navigate through various options, strategically discard others, and identify the optimal moments to switch between paths, as circumstances evolve.   Curious to see this in action? Stay tuned! In our next post, we’ll share a real-world example of how one company used FLUID to achieve significant cost savings, generate additional revenue without delays, and deliver an optimal project outcome.   Until then, we’d love to hear from you: What’s the biggest uncertainty your business is grappling with today? 🤔   Check out our website https://lnkd.in/dMGK62iY and blog https://lnkd.in/dnaZQCGF to find out more about how FLUID can create certainty in your business decisions.   #economis #gametheory #strategy #marketdisruption

Are fairness and morality rooted in the animal kingdom? 🦁 In our latest Game Changer podcast episode, we discussed with J. McKenzie Alexander how evolutionary game theory sheds light on the roots of fairness. Models like the Nash demand game demonstrate how equitable outcomes, such as 50-50 splits, can naturally emerge from dynamic interactions over time. These "protomoral behaviors" serve as the foundation for the fairness principles we recognise today, even though they lack the richer moral associations of human concepts like merit or need. Curious to learn more? Dive into the episode to hear more and try out interactive simulations that bring these models to life. -> Links in the episode's show notes. Game Changer website https://lnkd.in/dp5cyiz Apple https://lnkd.in/d2vycx5K Spotify https://lnkd.in/dVUssRmR Deezer https://lnkd.in/dFixV5J Amazon https://lnkd.in/dmbkcJJ TuneIn https://lnkd.in/dt58RZQ WissPod https://lnkd.in/dizxtNJU   #gametheory #gamechanger #evolutionarygametheory #morality #philosophy  

How did morality evolve? 🤔 In the latest episode of Game Changer, we dive into this fascinating question through the lens of game theory, evolution, and philosophy with J. McKenzie Alexander, Professor of Philosophy at the London School of Economics. Key insights from our conversation: - How fairness and trust emerge as “proto-moral behaviours”—the foundational actions like cooperation and fairness seen in evolutionary game theory models. - Why imitation and interactions within close-knit networks are powerful drivers of cooperative and moral behavior. - The surprising role of evolutionary dynamics in shaping our sense of justice and fairness. 🎧 Tune in to discover how morality may have evolved—and what it means for understanding human behaviour and society.   Game Changer website https://lnkd.in/dp5cyiz Apple https://lnkd.in/d2vycx5K Spotify https://lnkd.in/dVUssRmR Deezer https://lnkd.in/dFixV5J Amazon https://lnkd.in/dmbkcJJ TuneIn https://lnkd.in/dt58RZQ WissPod https://lnkd.in/dizxtNJU   #gametheory #gamechanger #evolutionarygametheory #morality #philosophy

Have you ever bribed someone?   Maybe not with money, but perhaps with candy to a child or favors to a friend? Corruption exists on a spectrum—from harmless personal gestures to systemic dysfunction.   In our latest Game Changer episode, we explore the deeper, systemic end of that spectrum with our guest Ray Fisman, Slater Family Professor in Behavioral Economics at Boston University. We tackle a striking paradox: Why do voters overwhelmingly dislike corruption, yet anti-corruption policies so often fail to take hold?   🎧 Tune in to uncover how societal divisions, political incentives, and surprising success stories—like Bogotá's famous traffic mimes—shape the fight against corruption.   Game Changer website https://lnkd.in/dp5cyiz Apple https://lnkd.in/dwkNNmWm Spotify https://lnkd.in/db8iqyGX Deezer https://lnkd.in/dFixV5J Amazon https://lnkd.in/dmbkcJJ TuneIn https://lnkd.in/dpM4Sfcj WissPod https://lnkd.in/dizxtNJU   #gamechanger #gametheory #corruption #governance 

✨ Reflecting on an Incredible Year at TWS Partners! ✨ As we close the chapter on another remarkable year, we want to take this opportunity to thank our valued partners, esteemed clients, and, most importantly, our outstanding team. Your dedication, collaboration, and trust have been at the heart of every achievement this year. This year was marked by unforgettable moments: 🏢The grand opening of our new office in Munich was a significant milestone, symbolising our growth and commitment to excellence. 🎉Oktoberfest brought us together in celebration, while our cabin retreat allowed us to strengthen our bonds and recharge in nature. ☀️ Our summer and Christmas parties were filled with laughter and camaraderie, and our Annual Townhall meeting provided valuable insights as we aligned on our goals. As we look forward to the holiday season and the new year ahead, we wish you all joy and fulfilment. May the year ahead be filled with achievements and fulfilling moments. Here’s to a fantastic journey ahead—make it your year! 🎉🚀 #gamechangers #team #makeityourgame

Meet Bas! What Bas enjoys most about working in Operational HR is its diversity. His work spans from the analytical aspects of payroll to extensive interaction with employees 🤝. He’s especially passionate about digitalisation projects and implementing new HR tools, with the ultimate goal of creating a seamless and digital HR experience for everyone at TWS. Being part of an international organisation where everyone knows each other by first name is something Bas truly values. He appreciates how the team is highly motivated, skilled, and works together in a positive and supportive way. Bas also enjoys the opportunities to connect in person, both at the office and during events. In his free time, Bas enjoys travelling, running, and cycling 🤩. #meetourteam #gamechangers #makeityourgame

Are you and your procurement team facing obstacles in achieving ambitious cost saving targets in today’s economic environment? You’re not alone! As highlighted in our TWS Cost Down Survey: • 71% of participating companies reported 𝐦𝐨𝐫𝐞 𝐚𝐦𝐛𝐢𝐭𝐢𝐨𝐮𝐬 𝐜𝐨𝐬𝐭-𝐬𝐚𝐯𝐢𝐧𝐠 𝐭𝐚𝐫𝐠𝐞𝐭𝐬 for 2024 compared with 2023 • 80% of these companies are implementing or plan to implement cost down programmes but 𝐞𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞 𝐬𝐞𝐯𝐞𝐫𝐞 𝐩𝐮𝐬𝐡𝐛𝐚𝐜𝐤𝐬. • Holistic and 𝐠𝐚𝐦𝐞-𝐭𝐡𝐞𝐨𝐫𝐲 𝐝𝐫𝐢𝐯𝐞𝐧 𝐜𝐨𝐬𝐭 𝐝𝐨𝐰𝐧 𝐚𝐩𝐩𝐫𝐨𝐚𝐜𝐡𝐞𝐬 remain rare but are gaining traction in today’s volatile and uncertain landscape. Do you want to learn how to leverage game theory and behavioural economics to realise effective and sustainable cost reductions? → Register here for our TWS Cost down training: https://lnkd.in/dBaCy5Y9 #procurement #savingstargets #costreduction #gametheory #behaviouraleconomics

Ever had a brilliant idea—only to be derailed by the unexpected? 🚧   In business, the path to success is rarely straightforward. Many of us have been there: a decision that felt spot on in the moment. But then—market dynamics shift, competitors change course, or disruptive technologies emerge. Suddenly, that once-clear path turns into a dead end, making us—and those we lead—question our ability to make the right choices.   What if you had a strategy to navigate uncertainty with precision and control?   An approach that empowered you to: ✅ Save resources ✅ Maximise market fit ✅ Empower your teams to thrive through disruption   At TWS Partners, we’ve developed this strategy for visionary leaders who are ready to master uncertainty. We call it #FLUID.   𝐖𝐡𝐚𝐭’𝐬 𝐭𝐡𝐞 𝐛𝐢𝐠𝐠𝐞𝐬𝐭 𝐜𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞 𝐲𝐨𝐮’𝐯𝐞 𝐟𝐚𝐜𝐞𝐝 𝐰𝐡𝐞𝐧 𝐛𝐫𝐢𝐧𝐠𝐢𝐧𝐠 𝐠𝐫𝐞𝐚𝐭 𝐢𝐝𝐞𝐚𝐬 𝐭𝐨 𝐥𝐢𝐟𝐞? 👇 Vote in the poll below and share your insights in the comments!   And check out our website https://lnkd.in/dMGK62iY and our latest blog https://lnkd.in/dnaZQCGF to find out more about how FLUID can create certainty in your business decisions. #BusinessStrategy #MarketDisruption #NavigatingUncertainty #TWSPartners #FLUID #GameTheory

In the new episode of Game Changer, we tackle the pressing issue of corruption and its deep impact on politics, voters, and governance. Our guest is Ray Fisman. 💡 Key takeaways from our conversation: - Why even in highly developed countries, corruption persists despite voters' desires. - The "grease the wheels" argument: Is corruption ever beneficial? - How societal divisions and “wedge issues” prevent unified action for good governance, with lessons from Bogota and U.S. politics. 🎧 Tune in to explore why we often don’t get the politicians we want. Game Changer website https://lnkd.in/dp5cyiz Apple https://lnkd.in/dwkNNmWm Spotify https://lnkd.in/db8iqyGX Deezer https://lnkd.in/dFixV5J Amazon https://lnkd.in/dmbkcJJ TuneIn https://lnkd.in/dpM4Sfcj WissPod https://lnkd.in/dizxtNJU #gamechanger #gametheory #corruption #governance #behaviouraleconomics

𝐎𝐕𝐄𝐑𝐂𝐎𝐌𝐈𝐍𝐆 𝐓𝐎𝐔𝐆𝐇 𝐓𝐈𝐌𝐄𝐒 – 𝐋𝐄𝐕𝐄𝐑𝐀𝐆𝐈𝐍𝐆 𝐆𝐀𝐌𝐄 𝐓𝐇𝐄𝐎𝐑𝐘 𝐅𝐎𝐑 𝐄𝐅𝐅𝐄𝐂𝐓𝐈𝐕𝐄 𝐂𝐎𝐒𝐓 𝐑𝐄𝐃𝐔𝐂𝐓𝐈𝐎𝐍𝐒 Expert training on 13 March 2025 in Munich In today’s challenging economic and geopolitical landscape, sustainable cost reductions are more critical than ever, with many procurement departments facing double-digit savings targets. Our TWS Cost Down Training equips procurement professionals with insights from game theory and behavioural economics to implement effective and sustainable cost down strategies.   Join our interactive on-site training (in German) to learn how to: • Recognise and avoid common pitfalls in conventional cost down programmes • Design incentive models that encourage suppliers to develop innovative cost-saving solutions • Implement robust TVO systems to evaluate cost-saving measures and manage stakeholders effectively • Develop negotiation and communication strategies to maximise cost potential   Register before 25 February 2025: https://lnkd.in/dBaCy5Y9 #procurement #savingstargets #costreduction #gametheory #behaviouraleconomics