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GLOBAL
MANAGEMENT
CHALLENGE
The World’s Largest Strategy and
Management Competition
www.usamanagementchallenge.com
Introduction:


   Global
Management
 Challenge
Partners & Alliances

STRATEGIC PARTNERS     STRATEGIC ALLIANCES
As noted in Fortune magazine’s August 2012 issue, the
“Global Management Challenge , a crash course in
business strategy, fast tracks university students and
corporate managers eager to learn how to deal with
risk and become effective competitors.”
Overview


           • Started in 1980 - Portugal
           • 40 Countries
           • Over 480,000 participants around the
             world
           • Sample Corporations: NYSE Euronext,
             Barclays Bank, Deloitte, Coca-Cola,
             Pfizer, Accenture, Mercedes Benz
           • Sample Universities: Oxford,
             Cambridge, Purdue, Georgetown,
             Stanford
Our Methodology

                  We Remember
    10%                  20%
    of what we read      of what we hear



    30%                  50%
    of what we see       of what we read and see



    70%                  90%
    of what we say       of what we do
What Does Managing a Virtual Company Consist of?




       •   Analyzing the Company History
       •   Strategic planning
       •   Making decisions in a highly competitive and constantly
           changing environment
       •   Analyzing results and adapting to change
Decision Samples


       How many products should we produce?

       What is the best price for our products?

       Should we invest in the free trade area market?

       How much will we invest in advertising for each product?

       Do we need more agents and distributors to sell our products?

       Must we improve our products?

       Are we being competitive?

       How are our competitors doing?
How Does it Work?

   1. Intra-company/university teams are organized (minimum of 3 to a maximum of 5
      individuals).
   2. There are 3 rounds of competition. In the First and Second Rounds: Over the course of
      a 2-week period, teams work together to manage a virtual company. They will be
      competing with other national teams and focused on an objective of achieving the
      highest share price in a simulated stock market.
   3. Upon completion of the First and Second Rounds of competition (both virtual), the top
      8 teams will be invited to the NYSE Euronext HQ in New York for the Global
      Management Challenge National Final (March 25-26, 2013). The National Finalist
      receives prize money, recognition, and an opportunity to represent the USA at the
      International Final in Bucharest Romania (April 16-18, 2013).
Calendar

                                     FIRST ROUND OF COMPETITION (VIRTUAL)

                                Event                                            Date
           Material is distributed for review            Friday, January 18, 2013
           First Set of Decisions                        Thursday, January 24, 2013 by 1.00 pm (EST)
           Second Set of Decisions                       Monday, January 28, 2013 by 1.00 pm (EST)
           Third Set of Decisions                        Thursday, January 31, 2013 by 1.00 pm (EST)
           Fourth Set of Decisions                       Monday, February 4, 2013 by 1.00 pm (EST)
           Fifth Set of Decisions                        Thursday, February 7, 2013 by 1.00 pm (EST)
                                    SECOND ROUND OF COMPETITION (VIRTUAL)
                                Event                                           Date
           Material is distributed for review            Monday, February 11, 2013
           First Set of Decisions                        Monday, February 18, 2013 by 1.00 pm (EST)
           Second Set of Decisions                       Thursday, February 21, 2013 by 1.00 pm (EST)
           Third Set of Decisions                        Monday, February 25, 2013 by 1.00 pm (EST)
           Fourth Set of Decisions                       Thursday, February 28, 2013 by 1.00 pm (EST)
           Fifth Set of Decisions                        Monday, March 4, 2013 by 1.00 pm (EST)
                        NATIONAL FINAL (NYSE EURONEXT HEADQUARTERS, NEW YORK)
                               Event                                           Date
           Tour of trading floor                         Monday, March 25, 2013, between 8am-9am
           Competition (Five Sets of Decisions)          Monday, March 25, 2013, between 9am-5pm
           Reception & Awards Ceremony                   Monday, March 25, 2013, between 6pm-8pm
           Professional development activity             Tuesday, March 26, 2013, between 8am-1pm

                                  INTERNATIONAL FINAL (BUCHAREST, ROMANIA)
                               Event                                           Date
           Five Sets of Decisions per Round (2 Rounds)   Tuesday-Thursday, April 16-18, 2013
What Makes Us Unique?

   1 of only 9 internationally-accredited simulation technologies in the world [teChnology-
    Enhanced Learning (CEL) accredited by the European Foundation for Management
    Development (EFMD)]
   Open competitive platform adds excitement and new challenge of competing in a cross-
    sector environment (corporations-universities-associations, etc.)
   Opportunity for cross-functional and mixed teams [samples: full corporate team members, full
    university team members, or mixed teams of corporate managers & students that cultivate
    mentor-mentee relationships; cross-functional teams at corporate level providescollaboration
    among individuals with diverse areas of focus – HR, Finance, Marketing, Production, etc.)
   For corporations; the Challenge is not only an internal talent/professional development tool,
    but it also offers a pipeline of new talent through access to and in collaboration with
    universities
   For universities; the Challenge not only provides an experiential learning opportunity for
    both students AND faculty, but offers access to corporate and association partners (some
    universities use the Challenge as development & team-building tool for their faculty and staff)
Advantages for the Participants

                            •   ACTIVE Training Method
                            •   Excellent SIMULATION of Reality
       Training             •   Teambuilding & Solution to Silo Thinking
                            •   Decisions In Different Areas
                            •   Results Appraisal
                            •   Accredited Certification

•   Encourages Relations Between Companies and           Networking
    Universities Through Events


                            •   Company/University Advertising
                            •   Media Partner Coverage
       Image                •   National and International Finals
                            •   Awards
                            •   Promotion Inside the Company/University
"Global Management Challenge did not only expose us to
  practical knowledge in finance, human resource, operations
  management and marketing, it also revealed in us our true
behavior in stressful moments and indirectly taught us qualities
 we hardly understood like tolerance, teamwork and having an
eye for detail. It is closest to the ultimate test for a well-rounded
                               manager."
      Kwabena Ankomah-Kwakye, MBA Candidate (Team Bizessence, Global Management Challenge Alumnus)
www.usamanagementchallenge.com
     info@usamanagementchallenge.com
       1100 17th Street, N.W., Suite 1000
           Washington, D.C. 20036

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2012 ACBSP Region 4 Conference Presentation #2 Sponsor - Global Management Challenge

  • 1. GLOBAL MANAGEMENT CHALLENGE The World’s Largest Strategy and Management Competition www.usamanagementchallenge.com
  • 2. Introduction: Global Management Challenge
  • 3. Partners & Alliances STRATEGIC PARTNERS STRATEGIC ALLIANCES
  • 4. As noted in Fortune magazine’s August 2012 issue, the “Global Management Challenge , a crash course in business strategy, fast tracks university students and corporate managers eager to learn how to deal with risk and become effective competitors.”
  • 5. Overview • Started in 1980 - Portugal • 40 Countries • Over 480,000 participants around the world • Sample Corporations: NYSE Euronext, Barclays Bank, Deloitte, Coca-Cola, Pfizer, Accenture, Mercedes Benz • Sample Universities: Oxford, Cambridge, Purdue, Georgetown, Stanford
  • 6. Our Methodology We Remember 10% 20% of what we read of what we hear 30% 50% of what we see of what we read and see 70% 90% of what we say of what we do
  • 7. What Does Managing a Virtual Company Consist of? • Analyzing the Company History • Strategic planning • Making decisions in a highly competitive and constantly changing environment • Analyzing results and adapting to change
  • 8. Decision Samples  How many products should we produce?  What is the best price for our products?  Should we invest in the free trade area market?  How much will we invest in advertising for each product?  Do we need more agents and distributors to sell our products?  Must we improve our products?  Are we being competitive?  How are our competitors doing?
  • 9. How Does it Work? 1. Intra-company/university teams are organized (minimum of 3 to a maximum of 5 individuals). 2. There are 3 rounds of competition. In the First and Second Rounds: Over the course of a 2-week period, teams work together to manage a virtual company. They will be competing with other national teams and focused on an objective of achieving the highest share price in a simulated stock market. 3. Upon completion of the First and Second Rounds of competition (both virtual), the top 8 teams will be invited to the NYSE Euronext HQ in New York for the Global Management Challenge National Final (March 25-26, 2013). The National Finalist receives prize money, recognition, and an opportunity to represent the USA at the International Final in Bucharest Romania (April 16-18, 2013).
  • 10. Calendar FIRST ROUND OF COMPETITION (VIRTUAL) Event Date Material is distributed for review Friday, January 18, 2013 First Set of Decisions Thursday, January 24, 2013 by 1.00 pm (EST) Second Set of Decisions Monday, January 28, 2013 by 1.00 pm (EST) Third Set of Decisions Thursday, January 31, 2013 by 1.00 pm (EST) Fourth Set of Decisions Monday, February 4, 2013 by 1.00 pm (EST) Fifth Set of Decisions Thursday, February 7, 2013 by 1.00 pm (EST) SECOND ROUND OF COMPETITION (VIRTUAL) Event Date Material is distributed for review Monday, February 11, 2013 First Set of Decisions Monday, February 18, 2013 by 1.00 pm (EST) Second Set of Decisions Thursday, February 21, 2013 by 1.00 pm (EST) Third Set of Decisions Monday, February 25, 2013 by 1.00 pm (EST) Fourth Set of Decisions Thursday, February 28, 2013 by 1.00 pm (EST) Fifth Set of Decisions Monday, March 4, 2013 by 1.00 pm (EST) NATIONAL FINAL (NYSE EURONEXT HEADQUARTERS, NEW YORK) Event Date Tour of trading floor Monday, March 25, 2013, between 8am-9am Competition (Five Sets of Decisions) Monday, March 25, 2013, between 9am-5pm Reception & Awards Ceremony Monday, March 25, 2013, between 6pm-8pm Professional development activity Tuesday, March 26, 2013, between 8am-1pm INTERNATIONAL FINAL (BUCHAREST, ROMANIA) Event Date Five Sets of Decisions per Round (2 Rounds) Tuesday-Thursday, April 16-18, 2013
  • 11. What Makes Us Unique?  1 of only 9 internationally-accredited simulation technologies in the world [teChnology- Enhanced Learning (CEL) accredited by the European Foundation for Management Development (EFMD)]  Open competitive platform adds excitement and new challenge of competing in a cross- sector environment (corporations-universities-associations, etc.)  Opportunity for cross-functional and mixed teams [samples: full corporate team members, full university team members, or mixed teams of corporate managers & students that cultivate mentor-mentee relationships; cross-functional teams at corporate level providescollaboration among individuals with diverse areas of focus – HR, Finance, Marketing, Production, etc.)  For corporations; the Challenge is not only an internal talent/professional development tool, but it also offers a pipeline of new talent through access to and in collaboration with universities  For universities; the Challenge not only provides an experiential learning opportunity for both students AND faculty, but offers access to corporate and association partners (some universities use the Challenge as development & team-building tool for their faculty and staff)
  • 12. Advantages for the Participants • ACTIVE Training Method • Excellent SIMULATION of Reality Training • Teambuilding & Solution to Silo Thinking • Decisions In Different Areas • Results Appraisal • Accredited Certification • Encourages Relations Between Companies and Networking Universities Through Events • Company/University Advertising • Media Partner Coverage Image • National and International Finals • Awards • Promotion Inside the Company/University
  • 13. "Global Management Challenge did not only expose us to practical knowledge in finance, human resource, operations management and marketing, it also revealed in us our true behavior in stressful moments and indirectly taught us qualities we hardly understood like tolerance, teamwork and having an eye for detail. It is closest to the ultimate test for a well-rounded manager." Kwabena Ankomah-Kwakye, MBA Candidate (Team Bizessence, Global Management Challenge Alumnus)
  • 14. www.usamanagementchallenge.com info@usamanagementchallenge.com 1100 17th Street, N.W., Suite 1000 Washington, D.C. 20036