MindReader Leadership Skills & Team Building Exercise

MindReader™

Leadership Skills & Team Building

Consensus’ MindReader™ exercise is a high-energy, head-to-head team-based experience that is particularly powerful for professionals that must negotiate price. Rooted in game theory, MindReader captures many of the challenges confronted when profit maximization is paramount.

MindReader™ Description

In MindReader™, teams of participants represent one of two companies in a fictional segment of the computer peripheral industry. Each team must strategize to maximize profit for their company. Teams set and exchange prices for their products, using Consensus’ phone-accessed website “app” (no download is required). Through a series of rounds, they calculate earned profits based on the relationship between the two companies’ prices.

The pace of MindReader™ is intense, as participants grapple with a range of issues related to competition, communication, and risk.

The atmosphere, however, is light, as participants laugh and plot against their counterparts.

Following the MindReader™ exercise, Consensus facilitators debrief the experience, and discuss different profit maximization strategies adopted by participants. Discussion is focused on how the learning points relate to and should inform participants’ real-life work strategies and interactions with stakeholders.

Learning Objectives:
• Create communication strategies that support long-term relationships
• Maximize value
• Collaborate with team members
• Influence counterparts and outcomes
• Act purposefully in business relationships, rather than reactively
• Understand the importance of trust and goodwill in business

MindReader Leadership Skills & Team Building Exercise