Process

The Global Management Challenge consists in a Strategic Management Simulation, in which each team runs a Company with the objective of finishing with the highest company share price on the simulated Stock Exchange.

How does the Competition work?

Each Edition begins with a Team Draw. The teams are organized in groups (Each Group with a maximum of 8 Teams). Each Group makes up a competitive Market.

Each team receives an Identifying Number in order to down load information (Company History) on the Company it is about to run;
Outlines a Corporate Strategy;
Launches its Strategy, by making functional decisions in different areas of the Company (Marketing, Production, Human Resources and Finances).
Submits its Management Decisions (Decision sheet) to the Simulator via the Internet.

The Simulator then analyses and compares the teams' decisions and produces a Management Report for each team, showing the detailed results in financial and operational terms.


This process is repeated over Five Developing Decision Periods during the Competition.

Each team can, at any time, consult its Company History, the Competition's Calendar and its Team's classification/ranking for each Decision Period.

The competing teams fill in a Decision Sheet on line through securised pages till the deadline.

The Global Management Challenge is disputed in two Rounds and a Final.

The Winning Team of each Group in the Qualifying Round proceeds to the Semi-Finals. The Winning Teams in the Second Round compete in a National Final.

Every year, there is an International Final of the Global Management Challenge , in which the Winning Teams of each participating Country compete with one another.

International Winners in the last 12 years :

• 2005 – P.R.China
• 2004 -- Poland
• 2003 – P. R. China
• 2002 – P. R. China
• 2001 – Czech Republic
• 2000 – P. R. China
• 1999 – P. R. China
• 1998 – Portugal
• 1997 – Brazil
• 1996 – France
• 1995 – Spain
• 1994 – Portugal
• 1993 – Portugal

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