After its debut in Portugal, in 1980 , and following its success and recognition with companies, the competition became exportable and quickly expanded throughout the world. Over several editions, it gained more and more prestige and more participants.
Global Management Challenge is an innovative way to develop the knowledge and skills of your employees It is also an opportunity to discover management potential among young talents
Global Management Challenge consists of an interactive business simulation in which each team manages a company in order to obtain the best investment performance for your company in the market in which it operates.
When making top management decisions, participants go through to analysis of economic / financial indicators, gain a broader and strategic view of a company, understand the interaction between different functional areas, and the impact that their decisions can have on an organization, taking into account the market conditions in which they compete and maximum customer and shareholder satisfaction.
Team Draw
Each edition begins with a Team Draw. The teams are organized into groups (Each Group with a maximum of 8 Teams). Each Group creates a competitive Market, in which the teams compete with one another.
Each team receives information(Company History) about the Company it is about to run;
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.
This cycle is repeated for each decision making that is equivalent to a quarter of the company's activity. At each stage, each team will submit 5 decision making, representing one year and one quarter of the company's management.
The teams that win (in each group) of the 1st round go on to the 2nd round. Those who win in the 2nd round will compete in the National Final.
All expense for the trip are paid by the competition organizers.
The Global Management Challenge obtained an important recognition that confirms the quality of our simulator: the EOCCS certification Online Course Certification System, awarded by EFMD.
It is an international quality oriented certification, firmly incorporated into the general philosophy of EFMD accreditations: internationalization, practical relevance and quality improvement.
The model of the business simulator used in the Global Management Challenge was conceived and developed by the partners of EDIT 515 UK, professors in the Operational Research Department at the University of Strathclyde in Scotland (key theme of the Scottish Business School's Master of Business Administration degree).
SDG and EDIT 515 UK are partners in the development and improvement of the Simulator, in order to respond to the current needs of society and the evolution of technologies.
The jury's role is to monitor and support the Global Management Challenge. It aims to honor and check the functioning of the competition and its decision will be sovereign in a situation of doubt / clarification before the participants.
Economist and former Vice President of the European Central Bank
Vice President of the Portuguese Chamber of Commerce and Industry
Professor, Faculty of Economics and Management, Universidade Católica Portuguesa do Porto
Professor at the Higher Institute of Economics and Management and Former Secretary of State for Industry, Innovation and Energy
Director of the EDP Executive Board of Directors and CEO EDP Brazil
