The Strategic Innovation Game (SIG) is a business simulation exercise. The Game is set in the paint and coatings industry of a medium-sized developing economy. Previously, an overwhelming majority of industrial paints sold in that economy were produced by a state-owned monopoly. In a push towards economic liberalization, the economy was broken up into several identical firms and auctioned off to the private sector. Game participants are assigned to teams responsible for managing those firms. Each team competes against the others by making competent product development, production, process efficiency, marketing and financial decisions over a number of periods. After each period, each team receives detailed feedback about their firms performance.
The seminar and workshop are scheduled to last approximately 4 hours and 30 minutes. Because the exercise is conducted in small teams, one participant’s leaving prematurely is likely to affect the entire team’s experience. Therefore, your commitment for the entire duration is a requirement for participation. Do you intend to participate for the entire duration of the exercise?