GLOBAL MANAGEMENT CHALLENGE The Worlds Largest Strategy and
GLOBAL MANAGEMENT CHALLENGE The World’s Largest Strategy and Management Competition www. worldgmc. com
Index 1. SDG 1. 1 What we do 1. 2 Our methodology 1. 3 Our products 1. 4 Benefits 2. COMPETITION 2. 1 Global Management Challenge 2. 2 Benefits 2. 3 International
What we do GLOBAL MANAGEMENT CHALLENGE TRAINING Strategic and Management Competition Companies Universities
Our methodology I hear and I forget I see and I remember I DO AND I UNDERSTAND Confucius
Our Methodology We Remember 10% of what we read 20% of what we hear 30% of what we see 50% 70% of what we say 90% of what we do of what we read and see
Our products BUSINESS SIMULATORS MANAGING A VIRTUAL COMPANY
Benefits Development of Management Skills Global vision of the company Outline a corporate strategy Analysis of several scenarios Decision making Competition issues … Leadership Team work Teambuilding Communication skills
COMPETITION
Global Management Challenge participating teams must manage a company competitively with the objective of getting the highest Investment Performance for its company.
Global Management Challenge Started in 1980 - Portugal More than 30 Countries About 500 000 participants around the world The World’s Largest Strategy and Management Competition News Entries: United States of America, Burkina Faso, Cameroon, Congo, Guinea, Mali, Nigeria, Senegal, Togo
What is the Global Management Challenge ? MANAGING A VIRTUAL COMPANY • Analysing the Company History • Outline a corporate strategy • Decision making in a highly competitive and constantly changing environment • Analysing results and adapt to market changes To achieve the best results for your company
Who’s involved?
Competition Cycle MANUAL History Analysis Management Report Decision Making Processing
The Company Structure BOARD OF DIRECTORS MARKETING PRODUCTION HUMAN RESOURCES FINANCE - Advertising - Scheduling - Recruitment - Pricing - Subcontracting - Training - Dividends - Sales - Distribution - Conditions - Loans - Transport - Wages - Taxes - Investments - Raw Material - Shares - Machines (Issued/Repurched)
Strategy The team’s strategy is implemented through 75 decisions, including: • • • Advertising (corporate & products) Prices (products & markets) Product Delivery (agents & distributors) Quality (R&D, improvements, assembly times, premium materials) Components Subcontracting Agents and Distributors (recruitment, commission, support) Operations (materials, plant maintenance, shift level, website) Personnel (recruitment, training, management budget, wage rate) Finance (shares issued/repurched, dividend, long term loans, term deposit, machines, factory build/extend, insurance plan) • Information: competitors & Markets (Market Shares, Business Intelligence)
Decision Sheet
Management Report – 1 st part
Management Report – 2 nd part
Management Report – 3 rd part
Management Report – 4 th part
Management Report – 5 th part
Management Report – 6 th part
Management Report – 7 th part
Questions • How many products should we produce? • What is the best price for our products? • Should we invest in the NAFTA market? • How much should we invest in advertising for each of our products? • Do we need more agents and distributors to sell our products? • Should we innovate our products? • Are we being competitive? • What are our competitors doing?
Calendar in Portugal January until May until June October November April 2012 Promotion (Marketing / Mailing / Registration) Round 1 64 Groups – 448 Teams 5 Decisions One per week Round 2 8 Groups – 64 Teams 5 Decisions One per week National Final 1 Group - 8 Teams 5 Decisions 1 Day International Final Winning Teams all countries 5 Decisions per day Two days (Semi-final and Final)
Participants Involved In the Last 34 Years All Over the World, About 500. 000 People Have Been Involved The Teams in Portugal consist of: 30% Companies 60% Universities 10% Mixed (Companies & Universities)
Global Management Challenge Events 1. Opening Lunch 2. Team Party 3. National Final 4. International Final
BENEFITS
Sponsors WHO? CHARACTERISTIC ROLE BENEFITS Leaders Linkage with International and National Events Financial Support Social Responsibility Networking Prestige Corporate Advertising
Newspaper Benefits NEWSPAPERS Main Objective (Companies Universities) National Event Closer Ties With Advertisers / Sponsors Jury Selection International Contacts Increase Relationship With Companies Greater Prestige / Image Awareness
Benefits for Companies COMPANIES Networking Training Prizes Promotion Advertising Personal Promotions Hi-tech Simulation Image Prestige
Advantages for the Participants Training ACTIVE Training Method in Native Language Excellent SIMULATION of Reality Teambuilding Decisions In Different Areas Results Appraisal Encourages Relations Between Companies Party, Cocktail, Gala Dinner, Etc. Image Networking Company Advertising Newspaper Coverage National and International Finals Prizes Promotion Inside the Company
Jury A panel of judges will be appointed to oversee the Global Management Challenge and their decision on all matters referred to them for arbitration, will be final and binding on all participants.
International Supervisory Board Mission: Control and monitor the results of simulations of the international semi-final and will integrate personalities from countries where this Portuguese competition unfolds. The ISB must be inside the Simulator, knowing the rules and in each round to monitor and validate the results. Members must cover all continents and geographical areas where the competition takes place, providing a very credible image. We have a body with people from several countries involved and who will oversee the implementation of the competition at the international level.
INTERNATIONAL
Countries
Partners in Angola ORGANISER GMC ANGOLA, LDA MEDIA TPA, JORNAL EXPANSÃO SPONSORS ACCENTURE ANGOLA BANCO ATL NTICO
Partners in Belarus ORGANISER BUSINESS LABORATORY LTD
Partners in Brazil ORGANISER SPONSORS SUPPORTERS SERTOTAL SANTANDER SENAC DUPONT LOCAWEB GMAC THYSSENKRUPP ABBOTT AUTOSUECO NITRO QUÍMICA MIDEA CARRIER MONDIAL ASSISTANCE APS GRUPO GPS FFC CIEE, FEJESP, LECTOR, AIESEC, SALADA CORPORATIVA, YMT GROUP GALLUP CONSULTING, TEM, ENDEAVOR
Partners in Czech Republic ORGANISER THE UNIVERSITY OF FINANCE AND ADMINISTRATION MEDIA MAFRA SPRACE. CZ INVESTIČNÍ WEB. CZ TV METROPOL ČESKÝ ROZHLAS 1 RADIOŽURNÁL SPONSORS SUPPORTERS OVB SEZNAM. CZ J&T BANKA DELOITTE GRAND HOTEL BOHEMIA GE MONEY BANK ZLATÁ KORUNA VŠM/CITY UNIVERSITY OF SEATTLE ISIC, AIESEC, ČESKÉ VYSOKÉ UČENÍ TECHNICKÉ VYSOKÁ ŠKOLA EKONOMICKÁ - FAKULTA MANAGEMENTU MASARYKOVA UNIVERZITA, VYSOKÁ ŠKOLA FINANČNÍ A SPRÁVNÍ
Partners in Denmark ORGANISER GLOBAL MANAGEMENT CHALLENGE DENMARK MEDIA PARTNER GMC NEWS SPONSORS NCC CONSTRUCTION DANMARK SIEMENS MAERSK SUPPORTERS IDA LEDERFORUM, DJØF STUDERENDE PF DTU COPENHAGEN BUSINESS SCHOOL CBS STUDENTS
Partners in Estonia ORGANISER O. D. A. AND SIMPLIMO
Partners in France ORGANISER IMAGE & STRATEGIE MEDIA LE FIGARO CADREMPLOI SPONSERS SUPPORTERS AGEFA PME SNCF BRED AMUNDI SAS ORDRE DES AVOCATS DE PARIS MCDONALD'S MONTBLANC CNJE CCIP SEEKUBE NYSE EURONEXT PARIS
Partners in Ghana ORGANISER SANKOFA WORDWIDE LTD MEDIA GRAPHIC COMMUNICATIONS GROUP LTD SPONSERS US EMBASSY ECOBANK GHANA LTD KPMG GHANA & ENTERPRISE GROUP LTD. SUPPORTERS ASSOCIATION OF GHANA INDUSTRIES (AGI) ENACTUS GHANA
Joint - Venture Germany ORGANISER MARGA BUSINESS SIMULATIONS GMBH MEDIA PARTNER VERLAGSGRUPPE HANDELSBLATT EDUCATIONAL PARTNER ESMT – EUROPEAN SCHOOL OF MANAGEMENT AND TECHONOLOGY
Partners in Greece ORGANISER MINDSET MEDIA PARTNER KATHIMERINI CIVITAS BOUSSIAS COMMUNICATION FOITITIS. GR EPIXEIRW. GR UNIVERSITY PRESS SPONSOR Pw. C HELLENIC PETROLEUM SUPPORTERS AIESEC EESTEC
Partners in Hong Kong SAR (China) ORGANISER MMA – MACAU MANAGEMENT ASSOCIATION MEDIA MACAO DAILY NEWS TDM-TELEDIFUSAO DE MACAU, S. A. SUPPORTERS CHINA TRADE SOCIETY, LINGNAN UNIVERSITY STUDENTS' UNION CHINA TRADE SOCIETY, THE CHINESE UNIVERSITY OF HONG KONG BUSINESS INVESTMENT SOCIETY, HONG KONG SHUE YAN UNIVERSITY THE STUDENT SOCIETY OF ACCOUNTING , THE OPEN UNIVERSITY OF HONG KONG BUSINESS SOCIETY, HKU SPACE COMMUNITY COLLEGE SU BUSINESS UNITED SOCIETY, HONG KONG BAPTIST UNIVERSITY SOCIETY OF INVESTMENT AND FINANCE, CITY UNIVERSITY OF HONG KONG STUDENTS’ UNION
Partners in India SPECIAL JOINT-VENTURE BETWEEN GLOBAL MANAGEMENT CHALLENGE AND AAMO (ASIAN ASSOCIATION OF MANAGEMENT ORGANISER)
Partners in Ivory Coast ORGANISER EDUCARRIERE MEDIA TRACE TV – CANAL AFRIQUE ATCI NEWSECO, TYCOON, ABIDJANSHOW. COM, SPORTIVOIRE, VIADEO, RADIO JAM, GBICH, SIGATA, L’INTELLIGENT D’ABIDJAN, LE PATRIOTE SPONSORS MTN CI
Partners in Kuwait ORGANISER SUPPORTERS ADNAR GROUP KUWAIT MAASTRICHT BUSINESS SCHOOL
Partners in Latvia ORGANISER O. D. A. – ORGANIZATION DEVELOPMENT ACADEMY MEDIA LURSOFT NEWS PORTAL APOLLO WEEKLY NEWSPAPER IR SPONSORS SPONSOR OF STUDENTS: REM PRO SUPPORTERS LETA WORKINGDAY BIROJNICA GATEWAYBALTIC
Partners in Macao SAR (China) ORGANISER MMA – MACAU MANAGEMENT ASSOCIATION MEDIA MACAO DAILY NEWS TDM-TELEDIFUSAO DE MACAU, S. A. SPONSORS SECRETARIAT FOR SOCIAL AFFAIRS AND CULTURE THE HONG KONG AND SHANGHAI BANKING CORPORATION LTD GOLDEN CROWN DEVELOPMENT LTD MACAU TRADE AND INVESTMENT PROMOTION INSTITUTE BANCO NACIOANL ULTRAMARINO, S. A COMPANHIA DE TELECOMMUNICACOES DE MACAU S. A. R. L MACAU GOVERNMENT TOURIST OFFICE COMPANHIA DE ELECTRICIDADE DE MACAU - CEM, S. A. AUTORIDADE MONETARIA DE MACAU BANK OF CHINA, MACAU BRANCH MGM MACAU
Partners in Mexico ORGANISER SUPPORTERS DEMO – DECISIONES EMPRESARIALES OPTATIVAS, S. A. DE C. V. BECAS GESTIÓN, A. C.
Partners in P. R. China ORGANISER BEIJING CDS INFORMATION CONSULTING CO. LTD MEDIA CHINA DAILY CHINA YOUTH DAILY SPONSORS EDUGLOBAL
Partners in Poland ORGANISER BIGRAM MEDIA BRIEF, GAZETA BANKOWA MBA MANAGER PERSONEL I ZARZĄDZANIE STRATEGIE BIZNESU HONORY PATRONS WARSAW STOCK EXCHANGE NATIONAL BANK OF POLAND SPONSORS BANK ZACHODNI WBK KPMG POLISH GAS & OIL ORANGE SUPPORTERS BRITISH - POLISH CHAMBER OF COMMERCE BANKIER. PL MARKETING PRZY KAWIE
Partners in Portugal ORGANISER SDG – SIMULADORES E MODELOS DE GESTÃO, S. A. MEDIA PARTNER EXPRESSO (Newspaper) SPONSORS IMPÉRIO BONANÇA (Insurance company) ACCENTURE PORTUGAL TELECOM (Telecommunications company) BARCLAYS BANK EDP (Electricity company) STAPLES OFFICE CENTRE CTT CORREIOS (Post office) INTRUM JUSTITIA RANDSTAD ESSILOR CENTRAL DE CERVEJAS SUPPORTERS TAP Portugal (Airline Company) IAPMEI (Institute for the support of SME and to Investment) IEFP (Portuguese Institute for Professional Training) AICEP Portugal (Portuguese Institute for International Business) NYSE EURONEXT SIC (Tv)
Partners in Romania ORGANISER DIMA CONSULTING GROUP PROFILES INTERNATIONAL MEDIA FINANTISTII STIREA ZILEI, CAP LIMPEDE DETECTIV ECONOMIC KISS FM PATRONS OF HONOR BANCA NATIONALA A ROMANIEI MAIN PARTNERS COSMOTE AUTOLIV PRUTUL MERCEDES BENZ ROMANIA ENEL G 4 S
Partners in Russia RUSSIAN PRESIDENTIAL ACADEMY OF NATIONAL ECONOMY AND ORGANISER PUBLIC ADMINISTRATION ------------------------ CO-ORGANISER AGENCY OF STRATEGIC INITIATIVES GENERAL PARTNER STATE CORPORATION “BANK FOR DEVELOPMENT AND FOREIGN ECONOMIC AFFAIRS (VNESHECONOMBANK)” SUPPORTER MINISTRY OF INDUSTRY AND TRADE OF THE RUSSIAN FEDERATION REGIONAL PARTNERS GOVERNMENTS OF KHANTY-MANSIYSK AUTONOMOUS REGION, KIROV REGION, IRKUTSK REGION, REPUBLIC OF TATARSTAN REGIONAL SPONSORS FUND OF ENTREPRENEURSHIP DEVELOPMENT OF KHANTY-MANSIYSK AUTONOMOUS REGION , SALYM PETROLEUM DEVELOPMENT, SBERBANK (KIROV REGIONAL BRANCH) REGIONAL SUPPORTERS ALUMNI ASSOCIATION OF PRESIDENTIAL MANAGEMENT TRAINING PROGRAM OF REPUBLIC OF TATARSTAN , MANAGEMENT TECHNOLOGIES LTD
Partners in Singapore SPECIAL JOINT-VENTURE BETWEEN GLOBAL MANAGEMENT CHALLENGE AND AAMO (ASIAN ASSOCIATION OF MANAGEMENT ORGANISER)
Partners in Slovak Republic ORGANISER THE UNIVERSITY OF FINANCE AND ADMINISTRATION MEDIA SME, TOPKY. SK, RTV DVOJKA, RADIO FM RADIO SLOVENSKO, GOODWILL SPONSORS OVB SLOVAKIA KARIERA. SK CITY UNIVERSITY OF SEATTLE J&T BANKA, RADISSON BLU ZOZNAM. SK KEMPINSKI HOTEL RIVER PARK SUPPORTERS ISIC AIESEC EKONOMICKÁ UNIVERZITA BRATISLAVA KOMENSKÉHO UNIVERZITA VYSOKÁ ŠKOLA MANAŽMENTU
Partners in Spain ORGANISER MAS TALENTO MEDIA EXPANSIÓN Y CAPITAL HUMANO SUPPORTERS ESCUELA EUROPEA DE NEGOCIOS
Partners in Turkey ORGANISER REALTA DANIŞMANLIK MEDIA BLOOMBERG BUSINESSWEEK INFOMAG MERCEDES BENZ TÜRKIYE FINANS BANKASI DIGITURK SPONSORS ABDI İBRAHIM MARS LOGISTICS SHAYA BOSCH REXROTH SUPPORTERS BUSINEWS ENGINEWS 3İK
Partners in Ukraine ORGANISER GLOBAL MANAGEMENT CHALLENGE UKRAINE MEDIA UNIAN GENERAL DIRECTOR MAGAZINE GLAVRED MAGAZINE MEDIUM-TV SUPERJOB IT UKRAINE ASSOCIATION 62. UA SPONSOR ERNST&YOUNG SUPPORTERS MIM KYIV HAEDHUNTER BUSINES PEOPLE LIGA. NET PROFILES INTERNATIONAL UKRAINE HR LIGA
Partners in U. S. A. ORGANISER SANKOFA LLC. MEDIA FORTUNE CUSTOM CONTENT STRATEGIC PARTNER NYSE EURONEXT SPONSORS THE HERSHEY COMPANY EDP RENEWABLES PEREGRINE ACADEMIC SERVICES STRATEGIC ALLIANCESS UNITED NATIONS GLOBAL COMPACT (PRME SECRETARIAT) GLOBAL BUSINESS SCHOOL NETWORK ACCREDITATION COUNCIL FOR BUSINESS SCHOOLSL & PROGRAMS
Last International Finals International Final 2009 2010 RUSSIA MACAO 16 -18 MAY 2010 13 -14 APRIL 2011 International Final 2011 UKRAINE ROMANIA 17 -19 APRIL - 2012 16 -18 April 2013
Next International Final Russia International Final 2013 Russia April 2014
www. worldgmc. com info@sdg. pt
- Slides: 67