The Exchange challenges participants to work together within an environment of complex data, ambiguity, and time pressure. Each participant is a member of a team that earns points by trading Combos. The Combos are formed by assembling colored medallions into predefined groupings. The Combos have an initial value as well as emerging values and liabilities. The assignment is to collect as many points as possible by trading Combos over four trading sessions. To succeed, participants must engage in critical thinking, work effectively with their colleagues, mine available data, recognize emerging trends, maintain flexibility, and act decisively.
- Creates awareness of team’s biases toward reactive versus innovative change
- Reveals a group’s ability to work effectively in a dynamic and evolving environment
- Highlights the need for efficient and effective decision-making processes
- Examines the impact of risk and uncertainty on strategy and execution
Watch The Exchange Simulation in Action