The Global Management Challenge is the world’s largest management and strategy competition. It is the largest international event based on business simulations, in which more than 750,000 university students and company managers from all over the world participate.
The concept of competition was born in 1980 in Portugal by SDG – Simuladores e Modelos de Gestão – in partnership with the weekly magazine EXPRESSO. EXPRESSO has not only provided great national coverage of the competition, but has also contributed to the internationalization process. Today Global Management Challenge is present in more than 30 countries.
Global Management Challenge International Strategy and Management Competition
The Global Management Challenge consists of a Management Simulation in which each team manages a Company, with the objective of obtaining the highest Return on Investment.
This criterion measures the ‘return’ on investment for the original shareholders not only as the value of their shares at the end of the competition, but also after taking into account shares bought or sold and dividends received.
By managing a company, without taking real-world risks and making top management decisions, competitors have the opportunity to:
Analyze financial and economic indicators:
- Broaden your 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 foster and develop teamwork.
Participating teams must make decisions as if they were the company’s board of directors. Initially, they receive historical information on their company’s decisions and results for the last five quarters. Based on the analysis of the information, they must define their strategy and make successive decisions over the next five quarters.
Decisions are made at board level. In each quarter a total of 77 numerical decisions must be made affecting the areas of Marketing, Operations, Human Resources and Finance, these decisions include:
- Advertising (corporate and products)
- Pricing (products and markets)
- Transportation (containers to distributors)
- Quality (R&D, improvements, assembly, materials)
- Operations (materials, maintenance, shifts, web)
- International Trade (EU, NAFTA, Internet)
- Commercial (recruitment, commission, support)
- Environment (environmental impacts)
- Personnel (recruitment, training, salary)
- Finance (shares, dividends, loans)
The Global Management Challenge normally consists of 4 stages
NATIONAL ROUND
+8
PARTICIPATING TEAMS
NACIONAL FINAL
8
PARTICIPATING TEAMS
INTERNATIONAL SEMIFINAL
PARTICIPANTS FROM DIFFERENT COUNTRIES
INTERNATIONAL FINAL
THE BEST PARTICIPANTS FROM DIFFERENT COUNTRIES
MORE INFORMATION ABOUT
Companies
Prestigious companies such as the following have participated in previous editions of the Global Management Challenge:
Banking: Abn Amro Bank (Polska) Sa, Avtovazbank, Banca Nazionale Del Lavoro, Banca Transilvania, Banco De Desenvolvimento De Angola, Banco De Negócios Internacional, Banco Espírito Santo Angola, Banco De Fomento De Angola, Banco Popular, Banif, Bank Bph, Bank Gospodarki Zywnosciowej Sa, Bank Kontrakt, Bank Millennium Sa, Bank Nadra, Bank Of Khanty-Mansiysk, Bank Ukrexim, Bank Zachodni Wbk Sa, Barclays Bank, Bcr, Bes – Banco Espírito Santo, Bnp Paribas, Bre Bank Sa, Ceska Sporitelna, Cgd – Caixa Geral De Depósitos, Citybank, Citibank Handlowy, Credit Agricole Sa, Crédito Agrícola, Csob Financialgroup, Daimlerchrysler Bank, Dexia Bank, Dexia Bil, Eurobank, Finansbank, Fortis Bank, Ge Money Bank, Hsbc, Ing Bank, Ing Global Financial Group, Intesa-Sanpaolo, Is Bank, Itau, Kredyt Bank SA, Libra Bank, Marfin Egnatia Bank, Montepio Geral, Otp Bank, Piraeus Bank,Pko Bank Polski, Proton Bank, Provident, Raiffeisen Bank, Santander, Santander Banespa, Societe Generale, Swift, Uniastrum Bank, Unibanco
Comunications: Alcatel-Lucent, Anacom, Colt Telecom, Cosmote, Ctm Ctt Correios, Editions H&K, Fujitsu, Siemens,Global Bilg,iMts Netia Sa, Novacel,Orange, Ote, Academy Platezhka Polkomtel SA,Polska Telefonia Cyfrowa, Sp. Z OO, Portugal Telecom, Ptk Centertel, Smarts, Sonae.Com, Telecomitalia Telefonia Dialog Sa, Telekomunikacja Polska, Tp Emitel Sp. Z OO, Unitel, Vodafone, Wind, Zon Multimedia
Consumer Goods: Ahmad Tea, Alima-Gerber SA, Arpis, Avon, Bat, Bic, British American Tobacco Polska, Cadbury, Cadbury Wedel Sp. Z OO, Campo Frio, Caroli Food, Cigar House Fortuna, Coca-Cola Company, Colgate-Palmolive, Coty, Danone, Diageo, Grupa Zywiec Sa, Grupo Bimbo, Heineken – Amstel, Heinz Polska, Henkel Polska, Imperial Tobacco Polska, Inbev , Itg, Johnson & Johnson, Jti, Kompania Piwowarska Sa, Kraft, Mars, Masterfoods Polska Sp.Zo.O, Misko Barilla, Modelo E Continente, Nestlé, Nireus, Nivea Sa, Nutrinveste, Pambac, Pepsico, Philip Morris International Management Sa , Plzensky Prazdroj, Procter & Gamble, Snack Attack, Soc.Central de Cervejas e Bebidas, Suninterbrew, Tchibo, Unilever , Vel Pitar, Vf Polska Distribution Sp. ZOO, Zibi Sp. ZOO
Consultancy: Accenture, Aisa Invest, Altran, Balance Business Books, Bdo Numerica Sp. Z OO, Bearing Point, Broker Consulting, Business Systems, Central Europe Trust – Polska Sp.Z OO, Crcc Paris Et Versailles, Csc, Deloitte, Erison Consulting Sp. Z OO, Ernst & Young, Glasford, Gms Consulting, GTBC, Innext, Kantor, Kpmg, Mazars, Mercer, Mercury International, Multi Consulting Group, Om Partners, Pricewaterhousecoopers, Primeit, Societe Generale, Spector, Sachs & Company, Talenter, Taneo , Tempo & Engenho, Watson Wyatt
Information Technology: Aquasoft, Bosch, Cgi, Cleverlance, Columbus It, Controlgal, Cpc Is, Cpc Net, Critical Manufacturing, Critical Software, Datagroup, Develop, Epicor Software Slovakia, Everis, Fujitsu, Getronics Polska. esp. Z OO, Glintt, Hp – Hewlett-Packard, IBM, Idm, Imns Polska Sp. ZOO, Indra, Infor, Inkom, Insoft Sp. Z OO, Sistemas Intelectuales, It Commerce Sp. Z OO, Konica Minolta, Lenovo, Logica, Methodus, Microsoft, Noesis, Optimus SA, Pararede, Philips Lighting Poland SA, Pioneer, Posam, Qimonda, Samsung Electronics, SAP, SAS France, Schneider Electric Polska Sp. Z OO, Siemens, Softfinança, Softlimits, Softline, Sony, Sun Microsystems, Thales, Thomson Sales Europe, Xerox
Industry: Abb Sp. Z OO, Aeroserver, Agro Soyuz, Agroservis2000, Alert Group, Amand, Arcelor Huta Warszawa Sp. Z OO, Areva, Avtocenter-Tolyatti-Vas, Blaupunkt Portugal, Bosch, Bunge, Company Ttk, Cemento Cruz Azul, Cerraduras Tesa, Ciech Sa, Daimlerchrysler, Distas, Draexlermeier, Efacec, Essilor, Ezpada, Faberlic, Fabryo, Fiat, Firma Chemiczna Dwory SA, Flextronics International Polonia. esp. Z OO, Flsmidth, Gazprom Transgaz Yugorsk, GE Healthcare, GE Power Controls, Goodyear Dunlop, Gradostory, Hilti Polonia. esp. Z OO, Hutmen SA, Imp Comfort Sp. ZOO, Interpipe, Kaucuk, Kawasaki Robotics, Kazan Helicopters, Knauf Industries Polska Sp Z OO, Krasnyj Oktyabr, Legrand, Lindab, L’oreal, Lukoil-Inform, Lurgi SA, M&M Product, Madora, Mafra, Mapei, Mbda, Mercedes Benz Assan, Nsk Polonia Sp. Z OO, Ogma, Otis, planta química de Pavlograd, Pilkington Polska sp. Z OO, Polifarb Cieszyn Wroc£Aw Sa, Grupo Razgulay, Renault, Robert Bosch Sp. Z OO, Rockwool, Rompetrol, Royal Philips Electronics, Russian Helicopters, S & B, Saimpem, Samarapliteksport, Sibur – Russian Tyres, Siemens, Skanska, Skoda Auto, Skupina Cez, Surgutneftegas, Tabaqueira, Technobasalt, Titan Cement, Titan Mar, Tnk – Bp, Toyota, Vaillant Saunier Duval Sp. Z OO, Viessmann, Visotec Socha, Yamburggazdibycha, Zelmer SA
Insurance: Aig, Allianz, Assure, Astra Uniqa, Axa, Ceska Pojistovna, Commercial Union Polska Sp. Z OO, Fidelidade Mundial, Garanta, Império Bonança, Ing, Ingo, Jalma, Kooperativa, Mapfre, Multicare, Pzu, Rakowski – Kaglik Brokerzy Ubezpieczeniowi Sp. Z OO, Tas, Tranquilidade, Tu Allianz Polska Sa
Law Firms: Abreu Abogados, Gomez Acebo & Pombo
Others: Adam Smith, Bankier.Pl, Basf, Bertelsmann Media Sp. ZOO, Candy Polska Sp. ZOO, Cezex Sp. Z OO, Clio, Electrum, Elektrociep£Ownie Wybrzeze Sa, Elektromontaz Gdansk SA, Europejski Funduszu Leasingowy Sa, Gucci, Invest, Jagram Sa, Mvv Polska Sp. Z OO, Nowoczesna Firma Sp. Z OO, Oticon, Phu Wesoly Borsuk, Polska Kompania Leasingowa Sp. Z OO, Polskie Wydawnictwa Profesjonalne. esp. Z OO, Pt Istana Karang Laut, Simcorp, Thorn Lighting Polska Sp. Z OO, Torunska Energetyka Cergia Sa, Veles-Capital, Wydawnictwo Murator Sp. Z OO, Wynn Resort (Macao) Sa, Young Digital Planet Sa
Media & comunications: Arvato Services Polska, Bfm, Boussias Communications, Brandia, Businessweek, Businews, Campus Channel, China Youth Online, Cnn Turk, Cofina, Cro-1 Radiozurnal, Digiturk, Dol, Editions H&K, Euro News, Expert Ucrania, Hobsons , Hospodarske Noviny, Hrd, Infomag, Internews Servis, Jlm & Associados, Kathimerini, Le Nouvel Économiste, Lidove Noviny, Mediapro, Médias 24, Publishing House Galitskie Kontrakty, Publishing House Standart, Reuters Europe SA, Sanoma Budapest, Sfr, Sprace.Cz , Super Vision Media, Ta Nea, Telewizja Polska SA, Alta dirección, Tv Company Stb, Yenibris, Z1
Public Institutions: A.Ir.Br., Aicep Portugal Global, Aiesec, Cci Clermont, Ciudad de Praga, Cnje, Euronext Lisboa, Fundação Oriente, Iefp, Inci, Inovcapital, Jci, Macau Foundation, Oficina de Turismo del Gobierno de Macau, Macau Monitory Authority , Instituto de Promoción de Inversiones y Comercio de Macao, Ministerio de Educación, Juventud y Deportes, Vbo – febrero
Pharmaceutical: Acp Pharma Sa, Astrazeneca, Bilim Pharma, Bristol-Myers Squibb Polska Sp. Z OO, Janssen Cilag, Novo Nordisk, Polska Grupa Farmaceutyczna SA Polska Grupa Farmaceutyczna, Reckitt Benckiser, Saniofi Aventis, Wyeth
Pulp and Paper: Europapier-Impap Sp. Z OO, International Paper Kwidzyn SA, Portucel – Grupo Soporcel
Real Estate & Construction: Alta De Lisboa, Aos France, Biaxe Sca, Budimex Sa, Bureau D’etudes Seco, Cimpor, Cme, Ent. Louis De Waele, Ferrovias, Golden Crown Development Ltd, Grupo Fdo, Grupo Lena, Hochtief Polska Sp. Z OO Q, Holcim Sa, Jti, Mota-Engil, Odalys Groupe Financiere Duval, Piecbud Sp. Z OO, Secil, Somague, TON Agro SA, Trigranit Management Bratislava, Vinci Construction, Votorantim Cimentos, Warbud Sa, Zolotie Vorota
Retail: 3 M, Arkum, Carrefour, Casino, Cefla, Fnac, Germanos, Jeronimo Martins Dystrybucja SA, Kingfisher Sourcing Eastern Europe Sp. Z OO, La Redoute, Makro Cash And Carry Polska SA, Media Markt, Metro Group, Nike, Ppr, Praktiker, Prosper SA, Real Sp. Z OO, Saturn Polska, Staples, Vm Matriaux, Tesco Polska Sp. ZOO
Services: Acs Sp. Z OO, Adecco, Altran, Axell Polska 2004 Sp. Z OO, Cosmoglossa, Cpa Australia, Dhl, First Call, Global Training, Hbi Polska, Heidrick & Struggles, Intrum Justitia, Jobpilot Polska Sp. Z OO, Kariyer.Net, Lipor, Medicover Sp. Z OO, Prisma, Qpracy.Pl, Response, Sante, Sheraton Poznan Hotel, Sociedade Ponto Verde, Unidas Rent A Car, Universia, Urbanos, Via Consulting, Winkowski Sp. ZOO
Transportation: Aerosvit, Ana Aeroportos, Atlant-M, Autoland, Carris, Cp – Comboios De Portugal, Dhl Express (Polonia) Sp. Z OO, Eurocopter, Fundación Renault, Gefco, Messenger Service Stolica Sa, Pga-Portugália Airlines, Pll Lot SA, Refer, Renault, Tap Portugal, Ukrzliznitsa, Wincanton Polska Sp. ZOO
Turism: Agência De Viagens Abreu, Gespura, Malevil, Mövenpick, Prague Marriott Hotel
Universities / Educational Institutions: Abc Academia Sp. Z OO, Academia Da Força Áerea, Canal Up, Facultad de Comunicaciones y Gestión, Eduglobal, Escola Superior De Ciências Empresariais (Setúbal), Escola De Gestão Empresarial (Ege), Escola Superior De Gestão E Tecnologia (Santarém), Escola Superior De Tecnologia E Gestão (Portalegre), Ifb – Instituto De Formação Bancária, Instituto Superior De Economia E Gestão, Instituto Superior Técnico, International Institute Of Business, Istanbul Bilgi University, Luiss Roma, Management Institute, Master Of Business Administration Poznan-Atlanta, Nbportal.Pl , Politecnico Di Milano, Politecnico Di Torino, Senac, Socio estratégico, Instituto de Finanzas y Administración, Universidad Abierta de Polonia, Capacitación, Universidade Católica Portuguesa, Università Di Roma Tor Vergata, Escuela de Negocios de Pomerania Occidental, Escuela de Banca de Wroclaw
Utilities: Adp – Águas De Portugal, Aenor, Areva, Auto-Estradas Do Atlântico, Brisa, Bp Polska. esp. Z OO, CRE, Cem, Coloplast, Compagnie Nationale Du Rhone, Dalkia, Depa, Desfa, Dramers Sa, Energias Do Brasil, Edp, Electrabel, Elia, Elinoil, Elta, Exxon, Galp, Hellenic Petroleum, Iberdrola, Inter Cars Sa, Lotos Parafiny sp. Z OO, Mærsk, Nkt Flexibles, Pkn Orlen, Ren – Redes Energéticas Nacionales, Suez, Total, Tratebel, Vestas, Zapadoslovenska Energetik