I'm a member of the team that will represent Portugal next week, 22-23 of April 2009, in the International Final of the Global Management Challenge competition. The Global Management Challenge is the world's largest strategy and management competition which includes 30 countries. It was actually started in Portugal back in 1980 and it's continuously spreading around the world.
The competition itself consists of 8 virtual companies, one company per team, competing against each other for the highest share value at the end of five rounds. There are many decisions to be made: how much to produce of each product, how much to spend in research & development and advertising, the configuration of the distribution network, how many workers to hire with which salary and so forth.
The simulator itself is quite complex, and the fact that the development of the economical environment is not known, and that you are competing against other 7 teams makes it even more complex.
For more information on the competition, please follow the links below:
I'm looking forward to meet and compete with the other 29 countries, and I'll do my best to properly represent Portugal. Wish me luck!
Quick update: Russia won the International final! Portugal (my team) finished in 8th among 30 countries.
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