Introduction To Competition Format PDF
Introduction To Competition Format PDF
SESSION
Web. (India): www.gmcindia.in
Web. (International): www.worldgmc.com
Introduction to the Competition
▪ Strategic Management;
▪ Decision Making;
▪ Team Work;
▪ Leadership.
Global Management Challenge is the world’s largest strategy and management competition, organized by SDG – Simuladores e Modelos de Gestao, Lisbon - Portugal Page 02
Introduction to the Competition
Your teams objective is to manage a company, analyze the recent past and
design a strategy for the near future: analyzing the results, making decisions in
different areas of the company, considering the competition and economic
situation; to obtain the best results against the competition.
Global Management Challenge is the world’s largest strategy and management competition, organized by SDG – Simuladores e Modelos de Gestao, Lisbon - Portugal Page 03
What you have to know as a Participant
Global Management Challenge is the world’s largest strategy and management competition, organized by SDG – Simuladores e Modelos de Gestao, Lisbon - Portugal Page 04
Start …
The performance of each team is evaluated against the other teams competing within the same
Group. The performance of a Team in it’s Group has no influence on the performance of
another Team in different Group.
1 3
1 3 2 4
2 4
5 7
5 7 6 8
6 8
9 11
9 11 10 12
10 12
13 15
13 15 14 16
14 16
Global Management Challenge is the world’s largest strategy and management competition, organized by SDG – Simuladores e Modelos de Gestao, Lisbon - Portugal Page 05
Start …
Global Management Challenge is the world’s largest strategy and management competition, organized by SDG – Simuladores e Modelos de Gestao, Lisbon - Portugal Page 06
Competition Cycle
Company
Analysis
Historical Data
5
Analyze the History and design
Corporate Strategy Management Make
The analysis of History is Report Decisions
important for team decisions,
covering the last 5 quarterly
management reports and is
available before the start of
each Round.
Processing
Global Management Challenge is the world’s largest strategy and management competition, organized by SDG – Simuladores e Modelos de Gestao, Lisbon - Portugal Page 07
Competition Cycle: Company History
Quarter Quarter Quarter Quarter Quarter Quarter Quarter Quarter Quarter Quarter
1 2 3 4 5 (1) 6 (2) 7 (3) 8 (4) 9 (1) 10 (2)
Global Management Challenge is the world’s largest strategy and management competition, organized by SDG – Simuladores e Modelos de Gestao, Lisbon - Portugal Page 08
Competition Cycle: Submit Decisions
CEO
Team Captain
Human
Marketing Production Finance
Resources
Global Management Challenge is the world’s largest strategy and management competition, organized by SDG – Simuladores e Modelos de Gestao, Lisbon - Portugal Page 09
Management Report
The Management Report contains the information you need to analyze before
making decisions and it is divided into 6 parts.
▪ The Management Report informs you about: the Means of Production, Factory build/extend,
Raw Materials, Human Resources, Sales, Products, Carbon Footprint, Transportation, and
data on Financials: Balance sheets, Profit and Losses, Overheads, Cash Flow, Investment
Performance, etc.
▪ The report also informs on the activities of competitors in the areas of Price, Total
Employees, Payroll, Agents and Distributors, Market Shares, Consumer Opinion; and
expenditures made by competitors in areas such as Advertising, Research and Development
and efficiency of Websites.
Global Management Challenge is the world’s largest strategy and management competition, organized by SDG – Simuladores e Modelos de Gestao, Lisbon - Portugal Page 10
Management Report: Your Decisions (1st Part)
This sheet represents the 75 Decisions, that will be considered by each Team to implement their
Corporate Strategy.
Corporate Product 1 Product 2 Product 3 Number Support Commn.
Advertising: (€'000) Agents and distributors: needed (€'000) %
Europe 15 10 10 10 European agents 3 10 7
Nafta 5 0 0 0 Nafta distributors 1 7 6
Internet 0 0 0 0 Internet distributor 0 * 0
Quality: Finance:
Take up product improvements 0 0 0 Shares to issue/repurchase 0 Dividend (cents/share) 0
Product development (€'000) 25 20 15 Term loans (€'000) 0 Term deposit (€'000) -500
Assembly times (minutes) 115 165 325 Machines to buy 0 Machines to sell 0
Premium materials (%) 0 0 0 Factory extension (sq. m.) 0 Insurance plan 1
Subcontracting: Information:
Components to order (units) 0 0 0 Market shares 0 Corporate activity 1
Global Management Challenge is the world’s largest strategy and management competition, organized by SDG – Simuladores e Modelos de Gestao, Lisbon - Portugal Page 11
Management Report: Resources & Products (2nd Part)
PHYSICAL RESOURCES: Usage and availability HUMAN RESOURCES: PRODUCT DATA: Product 1 Product 2 Product 3
Quantities:
Space: Sq. m. Production personnel: Assembly Machining Scheduled 1200 800 400
Land owned 1000 At start of last quarter 14 15 Produced 1229 820 410
Access/parking etc 200 Recruited 0 17 Rejected 29 20 10
Unused land 300 Trained 2 Lost or destroyed 0 0 0
Factory size next quarter 500 Dismissed 0 0
Circulation and access 125 Left 0 1 Delivered to:
Machining operations 100 Available for next quarter 16 31 European agents 1200 800 400
Assembly operations 160 Nafta distributors 0 0 0
Material and component stocks 10 Internet distributor 0 0 0
Available space (overflow if negative) 105 Assembly workers:
Hours available 8064 Orders from:
Machines: Number Absenteeism/sickness (hours) 2 Europe 1257 713 380
Number decommissioned 0 Hours worked 6830 Nafta 0 0 0
Machines in use last quarter 4 Internet 0 0 0
Number bought and installed 0 Notice of strike weeks for next quarter 0
Machines available for next quarter 4 Sold to:
Europe 1257 713 380
Theoretical hours available 4272 Nafta 0 0 0
Hours breakdown 38 Internet 0 0 0
Hours worked 3130 Agents/distributors: Europe Nafta Internet
Hours planned maintenance 22 Active last quarter 3 0 0 Backlog of orders:
Average machine efficiency % 98.2 Resigned 0 0 Europe 0 0 0
Dismissed 0 0 0 Nafta 0 0 0
Materials: Appointed 0 1 0
Opening stock available 2179 Active next quarter 3 1 0 Warehouse stocks:
Bought spot 4000 Europe 99 212 145
Bought default 0 Nafta 0 0 0
Lost or destroyed 0 Internet 0 0 0
Used 4099
Closing stock 2080 Transport: Europe Nafta Internet
For delivery next quarter: Journey length (km) 1381 0 0 Guarantee services 0 0 0
Bought last quarter 0 Number of loads 9 0 0
Bought quarter before last 0
For delivery quarter after next: 0 Product improvements Minor Major Minor
Global Management Challenge is the world’s largest strategy and management competition, organized by SDG – Simuladores e Modelos de Gestao, Lisbon - Portugal Page 12
Management Report: Financial Statement (3rd Part)
FINANCIAL STATEMENTS
Global Management Challenge is the world’s largest strategy and management competition, organized by SDG – Simuladores e Modelos de Gestao, Lisbon - Portugal Page 13
Management Report: Economic Intelligence (4th Part)
BUSINESS REPORT: Small businesses depend on good teamwork. Team members must have
the skills required to carry out their own function and be able
to understand the functions of the others. Where all of the members
operate profesionally the results can be well above those of other
groups.
Global Management Challenge is the world’s largest strategy and management competition, organized by SDG – Simuladores e Modelos de Gestao, Lisbon - Portugal Page 14
Management Report: Group Information (5th Part)
FREE INFORMATION Company Company Company Company Company Company Company Company
1 2 3 4 5 6 7 8
Stock market data:
Share price (cents) 102.14 102.14 102.14 102.14 102.14 102.14 102.14 102.14
Market valuation (€) 3064200 3064200 3064200 3064200 3064200 3064200 3064200 3064200
Business intelligence:
Product prices (€)
Product 1: Europe 285 285 285 285 285 285 285 285
Nafta 0 0 0 0 0 0 0 0
Internet 0 0 0 0 0 0 0 0
Product 2: Europe 450 450 450 450 450 450 450 450
Nafta 0 0 0 0 0 0 0 0
Internet 0 0 0 0 0 0 0 0
Product 3: Europe 680 680 680 680 680 680 680 680
Nafta 0 0 0 0 0 0 0 0
Internet 0 0 0 0 0 0 0 0
Production employees 46 46 46 46 46 46 46 46
Assembly wage rate (cents/hr) 1100 1100 1100 1100 1100 1100 1100 1100
Number of agents/distributors 3 3 3 3 3 3 3 3
Global Management Challenge is the world’s largest strategy and management competition, organized by SDG – Simuladores e Modelos de Gestao, Lisbon - Portugal Page 15
Management Report: Company Balance sheets (6th Part - A)
Liabilities
Tax assessed and due 0 0 0 0 0 0 0 0
Trade payables 161994 161994 161994 161994 161994 161994 161994 161994
Bank overdraft 679925 679925 679925 679925 679925 679925 679925 679925
Equity
Ordinary capital 3000000 3000000 3000000 3000000 3000000 3000000 3000000 3000000
Share premium account 0 0 0 0 0 0 0 0
Retained earnings -242806 -242806 -242806 -242806 -242806 -242806 -242806 -242806
Net Worth 2757194 2757194 2757194 2757194 2757194 2757194 2757194 2757194
Global Management Challenge is the world’s largest strategy and management competition, organized by SDG – Simuladores e Modelos de Gestao, Lisbon - Portugal Page 16
Management Report: Purchased Reports (6th Part - B)
Global Management Challenge is the world’s largest strategy and management competition, organized by SDG – Simuladores e Modelos de Gestao, Lisbon - Portugal Page 17
The Company: Economic Environment
The company operates in direct competition with others, who manufacture and
market the same products, in the same geographic areas.
The market is divided into two geographic areas for the traditional distribution
and marketing- European Union (EU) and the dollar market (NAFTA)
Simultaneously the company reaches these areas and the rest of the world
through the Internet. In all areas there is competition between the same
companies.
Exchange rates influence the competitiveness in some markets; economic statistics are
supplied with seasonality correction. In the internet the dollar is the used currency
Global Management Challenge is the world’s largest strategy and management competition, organized by SDG – Simuladores e Modelos de Gestao, Lisbon - Portugal Page 18
The Company: Marketing
THE DISTRIBUTION
Up to 3 Markets Decide how and in which
markets you will be present.
Read the practical details in
EU NAFTA E-COMMERCE
the manual.
Global Management Challenge is the world’s largest strategy and management competition, organized by SDG – Simuladores e Modelos de Gestao, Lisbon - Portugal Page 19
The Company: Marketing
Market Production
Potential Plan
Marketing Production
Projections Capacity
Forecast Resources
Forecast
Order Backlog Inventory
Inaccuracy
Global Management Challenge is the world’s largest strategy and management competition, organized by SDG – Simuladores e Modelos de Gestao, Lisbon - Portugal Page 20
The Company: Production
MACHINING ASSEMBLING
Consult the tables in the manual, to see the From the manual, check the conditions that will
number of hours available for production, for affect assembly. Assembly times are your
each of 3 shifts. decision, based on the quality standards defined.
Global Management Challenge is the world’s largest strategy and management competition, organized by SDG – Simuladores e Modelos de Gestao, Lisbon - Portugal Page 21
The Company: Human Resources
Human Resources Management is responsible for providing the company with enough
manpower and a motivated and efficient workforce. The workforce is recruited in a
competitive market. The management of Human Resources requires the monitoring of
the market and co-operation between departments to anticipate the needs of
manpower.
Global Management Challenge is the world’s largest strategy and management competition, organized by SDG – Simuladores e Modelos de Gestao, Lisbon - Portugal Page 22
The Company: Finance
The Finance Department is responsible for ensuring that the company's funds are managed
efficiently, in line with corporate strategy. This implies a variety of roles, which include
monitoring:
• Profitability
• Investment and loans
• Assets
• Taxation and Dividend policy
Importantly, it must work closely with the management team with the objective of getting the
highest Investment Performance, against which performance is judged.
Global Management Challenge is the world’s largest strategy and management competition, organized by SDG – Simuladores e Modelos de Gestao, Lisbon - Portugal Page 23
Competition Format
National International
Trial Round Round 1 Round 2
Finals Finals
Global Management Challenge is the world’s largest strategy and management competition, organized by SDG – Simuladores e Modelos de Gestao, Lisbon - Portugal Page 24
Competition Format: Awards & Recognition
* Note: The other participating Teams will receive Participation Certificate issued by GMC India Event Organizers.
Global Management Challenge is the world’s largest strategy and management competition, organized by SDG – Simuladores e Modelos de Gestao, Lisbon - Portugal Page 25
All the best for the
Competition !!
For any more information or clarification, please write to us at
[email protected]