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If you have to learn just one exercise of left hand dexterity, this is the one: two finger works in pair, moving and crossing while two remain on the fretboard, creating wired chord shape. Practice this for a while and complex chord shape and changes will never bother you again!
This exercise will improve
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Finger Independence
Finger Streching
Finger Coordination
Technique Focus
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The main aim of this exercise it to let ring the notes fretted by the finger that doesn't move, creating a legato sound between the different shapes. Sometime you have to really concentrate on the pair of finger you want to move, trying to improve you fingers coordination and independence.
As usual try to not apply to much pressure on the fretboard, if you feel pain something is wrong...stop immediately!
Theory Focus
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Well you may think I am crazy: "A Theory Focus For This Kind Of Exercise?!"
Maybe a little but not at all, the continuous shifting of the initial shapes create same odd chords as well as some new cool sonority, try to analyze the pleasant-sounding one.
Joe Kataldo
From this course: