How Game Theory Shapes Better Business Decisions

Hardware Is Forever

Hardware Is Forever
How Game Theory Shapes Better Business Decisions
Sep 03, 2025
Amtech

Game theory is the study of how people and organizations make decisions when outcomes depend on what others do. In this episode, we explore how that concept applies to business and manufacturing. Whether it’s pricing strategy, supplier negotiations, or workforce dynamics, leaders are constantly operating in environments shaped by limited information, competing incentives, and multiple players. Amtech CEO Jay Patel unpacks how game theory helps explain misaligned teams, stubborn competitors, and even stalled initiatives, and what to do about it. Rather than think "process maps and spreadsheets," think: leverage, coordination, and strategy. Game theory offers a way to think about problems that live upstream of process. And for businesses stuck in reactive mode, it’s a path to playing offense again.

Episode Artwork How Game Theory Shapes Better Business Decisions 16:02 Episode Artwork Build It Right: How Documentation Impacts Profitable HMLV 14:25 Episode Artwork Built-In Reliability: Supply Chain Strategy for HMLV 14:18 Episode Artwork Automation in HMLV: Knowing When to Build and When to Let Go 13:47 Episode Artwork Quality in HMLV: Systems That Scale, Standards That Stick 13:32 Episode Artwork Reducing Downtime in HMLV: Tools, Mindset, and Leadership That Make It Work 13:37 Episode Artwork Digital Tools in HMLV: Start with Process, Scale with Data 13:13 Episode Artwork Why Lean Thinking is Non-Negotiable in HMLV 14:50 Episode Artwork Becoming Agile in HMLV: The Actions of High Mix, Low-Volume Manufacturing 12:52 Episode Artwork High Mix, Low Volume (HMLV) is the Future of Manufacturing 13:51 Episode Artwork Kaizen in Lean Manufacturing: How Small Changes Build Long-Term Success 13:25 Episode Artwork Pull System in Lean Manufacturing Pushes Out Waste and Keeps Work Flowing 15:13 Episode Artwork Creating Flow in Lean Manufacturing to Save Time, Cut Costs, and Drive Innovation 16:48 Episode Artwork Lean Manufacturing and Value Stream Mapping 14:34 Episode Artwork Lean Manufacturing and What Customers Value Most 16:26 Episode Artwork Lean Manufacturing and the Value of Less 15:07 Episode Artwork From the Ground Up: TWIG Power’s Blueprint for Scalable Success 34:31 Episode Artwork De-Risk Decision Making: Involve Your Team to Push Limits and Make Moves 16:19 Episode Artwork The Importance of Continuous Education and Self-Improvement 17:29 Episode Artwork Quality Over Quotas: Improving Pride of Workmanship 18:39 Episode Artwork From Prototype to Product: Lessons in IoT Hardware and Entrepreneurship 26:07 Episode Artwork Quality Over Quantity: Building a Foundation for Sustainable Growth 12:03 Episode Artwork Realistic Leadership Strategies for Sustainable Success 16:35 Episode Artwork Overcoming Organizational Silos: Building a Collaborative Workforce 13:41 Episode Artwork Drive Out Fear: Building a Better Workplace | Deming's Point 8 17:40