**NEW ACTIVITY FOR 2020** This exciting activity is all about making risky decisions and assessing ROI when you are uncertain or don't have all the data. Just like at work!
3-24 (up to 4 teams of 3-6 per team)
1.5 hours + debrief
Yes - 1 PC required (printer optional)
Delivery charges apply per order (not per item).
Delivery charges do not apply to digital downloads.
(normally next working day)
(1-2 working days)
(1-5 working days)
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Teams are trying to locate a precious mineral – rubinium. They have a map and some geological data, but a lot of information has been lost and teams must piece together the few clues that exist.
If all else fails they can purchase answers, but this adds to their investment cost and can lower their rate of return!
Having located the reserves of rubinium teams must pick a plot of land, bid for it at auction and if successful, establish a mine. The cost of the plot along with the cost of establishing a mine represents their investment in the project, so they must be careful not to overbid at this stage!
Once they have secured their plot and mine, teams calculate all costs and work out the return on their investment for Year 1. This depends on a number of factors – how much rubinium they can extract – not all the reserves are easy to get at, the extraction and transportation costs, the risk of natural events such as flooding and earthquakes and the price they can get for their rubinium.
It's a risky business! To succeed teams must demonstrate clear thinking, a bit of creativity, accurate calculations and efficient teamwork. Are your teams up for the challenge?!
Discovering Northgate Activities has really enriched our delegates' learning.
Jane Sendall, VP Learning & Organisation Development, EMEA and Asia Pacific, Warner Bros
Northgate activities are very reflective and boost the creativity of the students, while at the same time helping them to learn how to apply theory into practice.
Dr Evangelos Kitsos, Senior Teaching Fellow, University of Warwick
Northgate activities have been a great time-saver in cutting down the amount of time needed to create modules for each competency within our new management programme!
Amy Mellor, Learning Consultant, First Rate Exchange Services Ltd