Employers demand analytical thinking, resilience and flexibility, plus smart decisions in
complex, fast-changing environments. Knowledge is only valuable if it can be put it to
use.
A Marketplace simulation develops these skills by placing you in a realistic business
scenario that demands thoughtful, data-driven decisions, decisions that have very real
consequences in business and game play.
The player will manage a full enterprise where marketing, human resources,
distribution, production, finance, and accounting are all important. Players will learn
how to work within their own discipline and with other functions across the business
landscape.
Assess Demonstrated Competencies
Employers want to see what you can do on the job, when the stakes are high and
resources are limited.
Marketplace observes the work you do, the business decisions you make, the outcomes
of those decisions, and how you respond to those outcomes.
From these observations, Marketplace then prepares a personalized Career Readiness
Report (CRR) assessing 24 competencies, including critical thinking, problem solving,
deductive reasoning, learning agility, innovation, tenacity, initiative, analytical, and
effort.
You will receive this report within a day or two of your completion of the business
simulation.
Knowledge of one’s strengths and weaknesses is powerful.
You can show employers real performance data—not just promises or personality
profiles.
Create a Personal Development Plan
What you measure, you can manage.
Marketplace will prepare your first Personal Development Plan to improve on your
strengths and weaknesses; it will even offer career advice. You will instructed on how to
create additional plans using a Chat Career Advisor.
Duration of entire program: 10 to 12 hours of work to play through 6 decision rounds of
the Business and Strategy Challenge, representing 6 business quarters in game time.
There is no work to do regarding the creation of the Career Readiness Report nor the
first Personal Development plan. These will be prepared by the Executive Coaches.
Start date: March 7. There will be a one-hour introduction to the simulation at 8:30 am,
New York time. Then players will work on their own to complete the work over the next
two weeks.
Check in: March 14. There will be a one-hour check in to review progress, problems,
questions, and plans, starting at 7:30 am, New York time. Candidates should have
completed the first 3 decision rounds by this time.
Wrap up: March 21. There will be a one-hour review of the Strategy and Business
simulation and its capacity to develop business knowledge and skills. It will start at 7:30
am, New York time. Candidates should have completed the remaining 3 decision rounds
by this time.
Following the review of the Strategy and Business simulation exercise, there will also be
a one-hour introduction to the Career Readiness Reports and Personal Development
Plans. It will start at 8:30 am, New York time. Afterwards, players will work on their own
to develop additional Personal Development Plans.