Strategic Management - Solution to the Pirate puzzle.

In mathematics, game theory models strategic situations, or games, in which an individual's success in making choices depends on the choices of others. The pirate puzzle is an application

STRATEGIC MANAGEMENT - Includes Risk and Challenging

The Word looks simple, but in implementing will get to know the heat. Most of the startups and sometimes well rooted companies too will flop due to this, we know that this has to change in future then why do most of us prepares a strategy which is not flexible?