Global Trading Business Game

Competing teams represent a country buying & selling commodities in varying market conditions

Description

Apply effective strategic planning and other key business skills to maximise profits, whilst ensuring needs are met, in this challenging global financial trading business simulation.

Benefit now from a challenging global trading game that develops the disciplines of:

  • leadership
  • risk taking
  • change management
  • quick thinking
  • teamwork
  • the motive of profit within your business.

If you have seen the excitement and tension on trading floors you will appreciate how this world trade game will bring out key business skills.

Although based on the world trade of commodities, the same rules and skills are needed for all business activities. Global Trading will bring out participants’ management strengths and areas for development.

To prosper, an organisation must take advantage of opportunities and respond to the challenges presented by the forecasted business environment.

Those in leadership positions must think strategically to gain a competitive edge over others in the crowded markets. They have to link the leader’s vision to the organisation’s strengths and capabilities, thereby guiding it to decent growth and development. This is achieved by effective strategic planning to provide the shape and guidance of:

  • what an organisation is
  • what it does and why it does it
  • where it wants to go and
  • how it is going to get there.

Global Trading is an exciting global business simulation game that requires effective analysis, negotiation skills, risk management and other key skills to ensure that needs are met and profits are gained.

It is also a development tool for tutors to show the practicalities of trading in the business world.

  • Portable, simple to set up and supplied with clear instructions and debrief suggestions
  • Buy ‘off the shelf’ and use as many times as you want, or book Elite’s trainers to facilitate for you
  • Absorbing, challenging and fun strategic simulation
  • Versatile to meet a wide range of learning objectives
  • Great to develop strategic planning and strategic management skills, risk management skills, and business finance skills
  • Effective business simulation for commercial and global thinking, analysis skills, continuous improvement
  • Impactful in developing leadership and management skills, including change management, negotiation and persuasion skills
  • Useful exercise to practise problem solving and decision making
  • Leads to greater understanding between group members and skills to manage remote teams
  • Highlights the need for both effective team and individual skills
  • Excellent training activity for trainers to use at team building and training events, conferences and away days
  • Used by companies, organisations, schools and universities.

Each team is allocated a country and takes on the responsibility for selling their country’s surplus commodities. They are also responsible for purchasing the commodities needed to meet their country’s social and economic requirements.

Their brief is to maximise profit from trading in commodities through the World Commodities Exchange, but they must end the trading periods with exactly the correct set of commodities.

World events affect prices, and they must plan a strategy to buy and sell to maximise profits amid changing markets. They must also be prepared to change plans as prices change and availability alters from their expectations.

Naturally, each team is competing to sell its surplus commodities and buy its needed commodities, but will the World Commodities Exchange have them available, and will the prices be favourable?

“The game was great – excellent fun and very relevant learning. I really appreciated the pre-briefing that you gave me which helped a lot.”

“We thought this was just about trading; but we found there is a lot more learning in this game than trading. It helped us to look at a number of key issues including leadership, strategic planning, risk management, meeting customer needs and of course making a profit! Excellent game, more like this please.”

“We have now played the game on three occasions. One with a very small group and twice with much larger groups. In fact we played with two sets at the same time on one occasion!The students certainly appear to enjoy the exercise and having them involved in each of the roles does allow for some interesting interactions. We are planning to continue using it in our induction programme as it enables us to mix first year and second year students together in each team. Most of the student teams appear to reach their target though the cash is the differentiator when choosing the ‘winner’.”

  • The licence for a game purchased covers 12-34 participants playing at a time, which we recommend supporting with two trainers.
  • It’s most suitable for 18 to 27 participants plus up to 7 observers.
  • Additional licences are required to play more than one game at a time:  Two games are required for 35-68 participants (we recommend supporting with three trainers), three games for 69-102 participants (we recommend supporting with four trainers), etc.
  • There’s no restriction on the number of times you can use our games.

Our Global Trading Business Game clients include:

Related Learning and Development
Business SimulationChange ManagementPresentation Skills

We Can Do Company Business Game

Can you meet customer requirements designing & marketing a new chocolate bar? Show a ‘can do’ attitude managing change

    Timing (+ Debrief): 120 minutes

    Numbers per Game: 12-34

    Business Simulation: Yes

    Primary L&D for: Finance in Business, Risk Management, Strategic Management & Planning

    Suitable for: 40 or More People*, Conference / Seminar / Event

    Who Will Benefit: Senior executives, general managers & business students who will benefit from its forward thinking planning & business principals

    Computer Required: No

    Can Play in Other Languages*: No

    Remote Option: No

    Price to Buy (excl. P&P & VAT): £550.00

    Price to Facilitate in England (excl. VAT): £1,895.00

    Facilitation Quote Based on: 12-30

    * For 40 or More People: More than one business game is required, and we recommend more than one trainer. Contact us for more information.

    Find out more

    To find out more about this Business Game, including costs, or how we can tailor the game for your organisation, please fill out the form below or call us on +44 (0) 20 3290 1473 or email us at info@elitetraining.co.uk.

    We design and deliver interactive, tailored training courses, from one-to-ones to larger groups, usually in-house (in-person or live remote), tailored to business’ unique requirements. We don’t run open public, online or distance learning courses.

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