Each team receives information(Company History) about the Company it is about to run;
Global Management Challenge is the world’s largest strategy and management competition based on a simulation that mirrors company. More than 500,000 university students and young professionals have participated in the competition throughout the world over the last 30 years.
The concept of the competition emerged in 1980 in Portugal by SDG – Simuladores e Modelos de Gestão – in partnership with the weekly newspaper EXPRESSO. EXPRESSO has not only given a great amount of national coverage on the competition, but has also contributed immensely to the internationalization process.
Global Management Challenge is accredited by European Foundation for Management Development as TECHNOLOGY-ENHANCED LEARNING.
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.
How the competetion works?
Outlines a Corporate Strategy;
Launches its Strategy by making functional decisions in different areas of the Company (Marketing, Production, Human Resources and Finances).
Then, it submits its Management Decisions (Decision sheet) to the Simulator via the Internet.
SDG and EDIT 515 U.K are partners in developing and improving this Simulator. Their aim is to ensure that it is up-to- date, relevant and challenging in order to meet the participating company’s current needs, and to keep up with the latest technology.
The Simulator was designed and developed by Partners of EDIT 515 U.K, Professors of the Operational Research Department of the University of Strathclyde in Scotland (Key subject for a Master’s in Business Administration of the Graduate Business School of this University).