Global Management Challenge
The Czech Republic team wins
the International Final
At present, the Global Management Challenge is developed in 25 countries
and more than 360,000 individuals competed. Luis Alves Costa, President
of SDG and International Organizer of the event, stated that the success
of this competition "is result of the support of its sponsors".
This is why; every year the International Organizing Committee, composed
by the organizers of every country involved, distinguishes the sponsor
that is most active in the promotion of this event
By ESTELA PINTO
Global Management Challenge
The
Czech Republic team was the winner of the International Final, of
the Global Management Challenge which was held in Macau, in April
2007. This is the second victory of the Czech team, after the win
in 2001 when they first joined this Management and Strategy competition.
Professional, precision and competence were some of the characteristics
of this success, demonstrated by the Czech team. Comprising of five
young people, a mix of students and professionals, they worked hard
to obtain the title of champions. Tomas Marsalek, from the Czech team,
stated after the results were published: "We are a little
surprised with this victory. It was hard to win, competition was strong.
We were ready for some unexpected situations and had to respond fast.
We have used a strategy different from the semi final round that made
us very successful."
As usual, the final took place in two rounds. On the first day the
teams competed in groups of four, to select the best two teams of
each group. Those teams competed for the final on the following day.
The Czech team aimed for victory from the beginning, with a clear
statement to do so. In the final of 2006, Poland achieved second place.
Polish team members were disappointed. On the first day, one member
of the Polish team told us: "we are making our best effort
and because we are a mix of students and professionals this is very
good to develop the team dynamics". China finished in third
place. The will of winning, the tenacity of their work and the fact
of having more victories than defeats, makes this country one of the
more competitive in this challenge. The French team was next.
Because the Global Management Challenge simulates business reality,
one bad decision or a better one can have significant affects on the
results of the company. After Portugal, in sixth place, was the Russian
team. After the Russian team was Germany and in eight place Belgium.
Outside the first eight places were Greece, Italy, Slovakia, Mexico,
Romania, India, Hong Kong, Singapore, Bolivia, Brazil, Spain, Denmark,
United Kingdom, Angola, Ukraine, and the hosting country of Macau.
The Organization of this International Final was managed by the Macau
Management Association (MMA), a partner in this Region. Chui Sai Cheong,
president of the MMA, said during the event that "Macau is an
International Region and it is a privilege to show visitors what it
will be like in the future." The Gala Dinner where the prizes
were awarded was provided by Chui Sai On, Secretary for Social
and Cultural Affairs in Macau.
Following on from Macau, Bucharest in Romania will host the next Global
Management Challenge 2007. In this final 25 countries will compete,
including Turkey the most recent entrance for this competition.
Accenture is the sponsor of the year
The longevity of the Global Management Challenge is due to the commitment
of the promoters and the support of the sponsors. To distinguish the
important role of the sponsors, in each International Final the Organizer
of the event nominates and awards 'The International Sponsor of the
Year'. Accenture was declared the winner of this prestigious award
for 2006. Portugal, Spain, and Angola are the three countries supported
by Accenture.
At present, the Global Management Challenge is developed in 25 countries
and more than 360,000 individuals competed. Luis Alves Costa, President
of SDG and International Organizer of the event, stated that the success
of this competition" is result of the support of its sponsors".
This is why; every year the International Organizing Committee, composed
by the organizers of every country involved, distinguishes the sponsor
that is most active in the promotion of this event.
First time entrants: 'a beginner's experience'
Ukraine, Russia, United Kingdom, Angola and Denmark, were the five
countries that participated for the first time in the International
Final of the Global Management Challenge of 2006. In each of these
countries the success has been great.
In Ukraine the Global Management Challenge is already a major success.
In the first rounds, 100 teams of executives participated. As a beginner,
the United Kingdom made a good start. Thomas Mason, from the British
organization stated "This event attracts the more ambitious students.
In our first competition, only student teams participated. Young people
love this experience and companies also." They anticipate the best
perspectives for the next year's competition. With the participation
of Angola, Africa is now represented in the network of continents, in
which the competition is held. Denmark was the last country to join
the initiative and attracted 60 teams in its first year.
