Leading the Pack [ Last week]
DISC. Four teams altogether. I was in the D group and we played the stock-market game. Results were shown on transparency without making known the respective teams.
4X - All lose $1.
3X 1Y - ( X wins $1, Y loses $3)
2X 2Y- ( X wins $2, Y loses $2)
1X 3Y- (X wins $3, Y loses $1)
4Y - All win $1.
There were 9 rounds altogether. At round 2, each group sent out a member for business discussion and a promise was made such that all could be winners. However, towards the end the agreement was breached as one group opted X instead of the agreed Y. This drew an unison of sigh from all. Another discussion known as the "gentleman agreement" was made. Again, it was breached by a different group. There was a high level of mistrust generated by breaching of the initial agreement.
Lessons learnt:
Credibility and integrity maintain a business in the long run.
Trust once broken is hard to earn it back.
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