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Narrow Margins
Learning Focus
- Collaboration
- Decision Making
- Instruction & Delegation
- Resource Management
- Risk Assessment
- Strategic Thinking
Group Size
6 - 16
6 - 16
Duration
30-90 Minutes
£269.00
Narrow Margins is a competitive, business based, group activity where teams must be accurate in their attention to detail, as they process and manage a large volume of information, then use it to create and cost a workable strategy using effective collaboration and strategic decision making skills. A commercial proposal is then prepared to be presented to a prospective customer to win the tender.
The activity requires participants to identify an appropriate transportation route to move a berthed canal boat by road to one of three alternate launch points, using data provided, and an extract of an Ordnance Survey map. The group is separated into teams which have to compete against each other to win the available tender to transport the boat.
Stage 1: The teams have to review lots of detailed information and quickly determine what appropriate route options exist.
Stage 2: Teams are then required to accurately cost the potential route options and then decide on their chosen route.
Stage 3: Teams prepare a commercial presentation to the ‘customer’ (facilitator) which outlines why their team should be awarded the tender.
Downloads
- Teamworking: Ability to work in small teams, allocating roles as appropriate
- Data & Information Management: Assimilating and processing a large volume of data quickly and accurately
- Strategic Decision Making: Agree on appropriate & achievable team strategy to achieve a profit
- Commercial Awareness: Preparing an accurately budgeted proposal, that allows for a reasonable rate of return
- Presentation, Influencing, and Sales Skills: Prepare & deliver a structured, convincing, & successful sales presentation
- Instruction and Delegation Skills: Effectively manage and delegate responsibilities and allocate team roles
Narrow Margins activity is a competitive, business based challenge that requires a small team to process and manage a large volume of information, process that information in order to be able to create a workable strategy and then develop a detailed business plan to ’win’ business in a competitive marketplace.
The exercise is set up for up to 4 small groups of 3-4 people (max 16) and lasts for 60 minutes: 45 minutes of planning and tender preparation and 15 minutes of presentations (max 4 x 3 minutes presentations and allowing ‘changeover’ time).
Narrow Margins is also part of our Education Sector Package for those wishing to use the activity with students or young people in an educational setting.
Activity Contents:
4x Laminated OS Maps of an area within the UK, 4x Write on / Wipe off pens, 4x Map measurers, 4x Sets of team briefing documents, Facilitator observation sheet, Facilitator Guide.
Package Weight: 2.15kg
The activity is about determining an appropriate transportation route to move a berthed canal boat by road to one of three alternate launch points, using data provided and an extract of an Ordnance Survey map. The group is separated into teams which have to compete against each other to win the available tender to transport the boat.
In stage 1: the activity the teams have to review a lot of detailed information, and quickly determine what appropriate route options exist.
Stage 2: They are then required to accurately cost the potential route options and then decide on their chosen route.
Stage 3: Finally they must prepare a presentation to the ‘customer’ (facilitator) which outlines why their team should be awarded the tender.
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