The Challenge
How does it work?
The Global Management Challenge consists of a Management Simulation in which each team runs a Company, with the objective of getting the highest Investment Performance. This criterion measures the investment ‘return’ for the original shareholders not just as the value of their shares at the end of the competition but also after allowing for any shares purchased, or sold, and any dividends received.
The simulation is on-line. The teams are first organized into groups (Each Group with a maximum of 8 Teams). Each Group creates a competitive Market, in which the teams compete with one another.
The Global Management Challenge consists of a Management Simulation in which each team runs a company, with the objective of getting the highest investment performance.
This criterion measures the investment ‘return’ for the original shareholders not just as the value of their shares at the end of the competition but also after allowing for any shares purchased, or sold, and also any dividends received.
Managing a company, without running real-world risks, and taking top management decisions, the competitors are given the opportunity to:
Analyse Financial and Economic Indicators:• Broaden their views on Corporate Strategy,
• Interact with the different Functional Areas of a Company
• Understand the Market Conditions in which they compete and Customer Satisfaction,
• Become aware of the impact of their Decisions on the Organization itself, within an environment designed to encourage and develop teamwork
Using the team’s Username and Password, within the restricted area of the organiser’s web site, the teams submit their management decisions and consult/download their Management Report.
All the teams can, at any time, consult its Company History, the Manual, the Competition’s Calendar and its Team’s classification/ranking for each Decision Period, in the organiser’s web site.
Each year, the International Final of the Global Management Challenge is hosted in a different country, where the winning teams of each country compete for the World Title in a milestone and prestigious event, which provides a unique experience of contact between different cultures and the reality of competing at an international level.
