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GLOBAL MANAGEMENT CHALLENGE The World’s Largest Strategy and Management Competition

GLOBAL MANAGEMENT CHALLENGE The World’s Largest Strategy and Management Competition www.worldgmc.com. Index. 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

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GLOBAL MANAGEMENT CHALLENGE The World’s Largest Strategy and Management Competition

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  1. GLOBAL MANAGEMENT CHALLENGE The World’s Largest Strategy and Management Competition www.worldgmc.com

  2. Index • 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

  3. What we do GLOBAL MANAGEMENT CHALLENGE Strategic and Management Competition Companies Universities TRAINING

  4. Our methodology I hear and I forget I see and I remember I DO AND I UNDERSTAND Confucius

  5. 10% of what we read 20% of what we hear 50% of what we read and see 30% of what we see 70% of what we say 90% of what we do Our Methodology We Remember

  6. Our products MANAGING A VIRTUAL COMPANY BUSINESS SIMULATORS

  7. 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

  8. COMPETITION

  9. Global Management Challenge participating teams must manage a company competitively with the objective of getting the highest Investment Performance for its company.

  10. 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, Niger, Nigeria, Senegal, Togo

  11. What is the Global Management Challenge ? MANAGING AVIRTUAL 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

  12. Who’s involved?

  13. Competition Cycle MANUAL History Analysis Decision Making Management Report Processing

  14. The Company Structure BOARD OF DIRECTORS PRODUCTION - Scheduling - Subcontracting - Distribution - Transport - Raw Material - Machines HUMAN RESOURCES - Recruitment - Training - Conditions - Wages MARKETING - Advertising - Pricing - Sales FINANCE - Investments - Dividends - Loans - Taxes - Shares (Issued/Repurched)

  15. 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)

  16. Decision Sheet

  17. Management Report – 1st part

  18. Management Report – 2nd part

  19. Management Report – 3rd part

  20. Management Report – 4th part

  21. Management Report – 5th part

  22. Management Report – 6th part

  23. Management Report – 7th part

  24. 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?

  25. Calendar in Portugal January until May Promotion (Marketing / Mailing / Registration) • Round 1 64 Groups – 448 Teams 5 Decisions One per week May until June Round 2 8 Groups – 64 Teams 5 Decisions One per week October National Final 1 Group - 8 Teams 5 Decisions 1 Day November International Final Winning Teams all countries 5 Decisions per day Two days (Semi-final and Final) April 2012

  26. 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)

  27. Global Management Challenge Events Opening Lunch Team Party National Final International Final

  28. BENEFITS

  29. Sponsors WHO? CHARACTERISTIC ROLE BENEFITS Leaders • Linkage with International and National Events • Financial Support Social Responsibility Networking Prestige Corporate Advertising

  30. Newspaper Benefits • Main Objective(Companies Universities) • National Event Closer Ties With Advertisers / Sponsors Jury Selection International Contacts Increase Relationship With Companies Greater Prestige / Image Awareness NEWSPAPERS

  31. Benefits for Companies • Networking Training Prizes Promotion Advertising Personal Promotions Hi-tech Simulation Image Prestige COMPANIES

  32. Advantages for the Participants ACTIVE Training Method in Native Language Excellent SIMULATION of Reality Teambuilding Decisions In Different Areas Results Appraisal Training Networking Encourages Relations Between Companies Party, Cocktail, Gala Dinner, Etc. Company Advertising Newspaper Coverage National and International Finals Prizes Promotion Inside the Company Image

  33. 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.

  34. International Supervisory Board Mission: Control and monitor the results of simulations of the international semi-final and 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.

  35. INTERNATIONAL

  36. Countries

  37. Partners in Angola

  38. Partners in Belarus

  39. Partners in Brazil

  40. Partners in Czech Republic

  41. Partners in Denmark

  42. Partners in Estonia

  43. Partners in France

  44. Partners in Ghana

  45. Joint - Venture Germany

  46. Partners in Greece

  47. Partners in Hong Kong SAR (China)

  48. Partners in India SPECIAL JOINT-VENTURE BETWEEN GLOBAL MANAGEMENT CHALLENGE AND AAMO(ASIAN ASSOCIATION OF MANAGEMENT ORGANISER)

  49. Partners in Ivory Coast

  50. Partners in Kuwait

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