Trading Places
Team Building Events
Trading Places is a fast-paced team building event based on currency trading in an unpredictable global economy. Strategising, communicating, planning, and trading are all pivotal activities for a successful business. Now you can practice them all in the safety of this terrific team building event, whilst simultaneously having great fun. This is Trading Places! Quest’s imaginative corporate event that replicates a week of international action-packed corporate activity. Will your team develop a winning strategy?
KEY FEATURES
A fast-paced event based on currency trading in the new unpredictable global economy.
Number of people
Great for medium to large groups
A minimum number of 10 people (two teams of 5) are required for the Trading Places to work effectively, but the more people the better this team building event will be; up to a maximum of about 100 people.
Duration
A full-on half day event
Trading places can be delivered for a morning, afternoon or evening session, either as a stand-alone team building event or one that is part of a full or multi-day programme.
Team Size
Participants work together in small teams
Your group will be divided into a number of small teams for this team building event, with 4, 5 or 6 people in each team. Teams will compete against each other by earning, trading and spending global currencies.
LOCATION
Any suitable venue either indoors or outside
Trading Places can and has been run at a whole range of different venues, including Royal Ascot racecourse and Ashton Gate stadium. All that’s needed is a number of different spaces / breakout rooms, which can be inside and/or outdoors.
Event Format
The world’s fast-moving economy provides the backdrop for this exciting team building event, which echoes the famous political statement that “a week is a long time in politics”, with every trading hour equaling a minute in real time.
It will test the teams’ skills in communication, strategising, attention to detail, quick comprehension, good preparation and team deployment.
Information Assimilation
Contained in the teams’ instructions will be a broad range of questions based on the countries of the world.
The teams will be guided on where at one of five continents the answers to those questions can be found.
The first task for the teams is to work through the large range of information in the HQ room and continents and acquire as many answers as possible.
Currency Exchange
Teams will need to visit the Trading Desk multiple times throughout the exercise, where they can earn different currencies at different times for correctly answered questions.
However, the Trading Desk is open only at certain times, (remember hours are represented by minutes).
In addition, there is a Breaking News screen in the Trading Room, and the information on that will keep revolving and revealing new pieces of information that will have further impact on trading.
Making Strategic Decisions
With money earned from answers, the teams can embark on international travel being able to divide into pairs for this element.
However, on first arrival at each continent more unexpected information will be revealed to do with time zones, and their impact on trading times.
As this part of the team building session progresses the issue of making strategic decisions based on lots of new information will become increasingly important: When to stop raising money, and travelling around the world buying materials, and when to start building?
Tower Building
The aim of building a tower on each of the five continents will have to be balanced with information the teams will have gained, for example: How long is it taking them to travel between continents? How much building material have they bought? How much more can they buy? And many others.
At the appropriate point in the “week” building needs to start on as many continents as possible. Or will they opt for another strategy? Which teams strategy will be correct… and which will be the winner? A week is, indeed, a long time!
Key Benefits
Strategising
There is a high level of strategic planning required in this team build, as teams continually make trade-off decisions based on constantly changing parameters.
Attention to Detail
Teams will be provided with detailed briefing notes packed with information. As the saying goes, “the devil is in the detail,” and those teams which quickly grasp that fact will perform well.
Role Allocation
This is a multi-layered event, and teams will need to quickly identify who is most suitable for each of a variety of tasks and allocate roles accordingly.
Communication
Each sub-team will have to complete a number of concurrent tasks, with team members regularly splitting up and re-convening. Effective communication will be vital to coordinate these activities.
Preparation
All teams will be given time to plan and prepare, the teams which use that time wisely are likely to achieve a high score.
Time Management
There is a precisely defined amount of time for this team build to be completed. The successful teams will be those that manage that time closely from the very beginning of the task.
What Our Clients Say
Trading Places Team Building Events in Numbers
Smallest group to date
Largest group to date
Highest tower built
Average event duration
Building materials
ENQUIRE NOW
to find out more about this team building event
07834 494876 / 07967 502226
Give us a call to speak to one of our team about your team building requirements and to find out more about our Trading Places team building event. Our normal office hours are from 9:00 am to 5:30 pm in the UK, Monday to Friday. If phoning from outside the UK, the number to dial is +44 7834 494876 / +44 7967 502226
info@questtgo.com
Send us an email to find out more about our Trading Places team building event. To help us respond to your email quickly and efficiently, please include the following details if known:
- Number of people the event is for (approx.)
- When you are looking to hold the event. What day / month / time of year? Is the date fixed or flexible?
- Where you would like the event to take place. Which part of the country? Do you have a particular venue in mind?
- The length of time you want the event to last. Do you have a set amount of time to fill? Are your timings fixed or flexible?
Request a callback
Please use the contact form (adjacent / below) or drop us an email to request a callback.
We will call you back within 24 hours during normal office hours (9 am – 5 pm Monday to Friday) where possible.
Don’t forget to let us know if there is a particular time / day that you would like us to call you or that we should avoid.
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