Launched in Portugal in 1980, by SDG and the EXPRESSO newspaper, more than 480.000 competitors comprising a range from company executives to university students have participated worldwide.
The Global Management Challenge has become a high profile and visible event in more than 40 countries where it is held, adding prestige to the many participating organisations.
The International Final, where the winning teams of each country compete for the World Title, is a milestone and prestigious event, which provides a unique experience of contact between different cultures and the reality of competing at an international level.
Tuesday, 17th of April - 2012
Opening Ceremony and Team Allocation
Wednesday, 18th of April - 2012
Semi-final of the Global Management Challenge
Thursday, 19th of April - 2012
Final of the Global Management challenge
Gala Dinner and Prize Awards
The team from Russia, a managers team, was the winner of the 2011 International Final.
Russia joined this competition of strategy and management just 6 years ago and this is their second international victory.
"The year of 2012 brought to our team a unique chance to take part in the final stage of Global Management Challenge, the largest strategic management competition in the world. The long-awaited result seemed so uncertain that I feel content of the fact that we’ve not missed our opportunity. Of course, it happened because of neither luck influence nor our extremely strong opponents’ fault. The factor of success was in a well-organized structure of our team, which had been designed as a rare mix of top-managers and practicing teachers of economics. I’m confident, they absolutely deserved to be mentioned here: Alexey Polyakov, Alexander Shashko, Andrey Shakirov and Alexey Barabanov.
Now Global Management Challenge is expanding like the Universe: new countries begin participating in it and many beginner teams start competing each other every new season. I’m very glad of this phenomenon and hope this positive trend will last further. I wish every new hardworking participant to withstand with dignity evergrowing level of competition in Global Management Challenge and get all the benefits and experience such a struggle carries." Eugene Petrin - Russia Team
In second place was Poland and in third Ukraine.
Besides the countries stated the following teams competed for the world title:
Angola, Australia, Belarus, Brazil, Czech Republic, Denmark, Estonia, France, Ghana, Greece, Hong Kong, India, Latvia, Macao, Mexico, P.R.China, Portugal, Romania, Slovak Republic, Spain, Turkey and USA.
The organisation of this International Final – the XXIX edition - was organised by the Global Management Challenge Ukraine.
The final was organised over two days. In the Opening Ceremony the teams were randomly allocated into four groups competing to be the top two teams of each group. The two teams with the highest company share price in each group were the eight teams that qualified for the final in the second day.
The teams present in the Final were Russia, Poland, Ukraine, Brazil, Greece, Hong Kong, Latvia and Mexico.
1st – Greece (2,268 Share Price)
2nd – Mexico (2,050)
3rd – USA (1,985)
4th – Macao (1,810)
5th – Australia (1,417)
6th – Turkey(1,205)
1st – Poland (2,464)
2nd – Brazil (2,447)
3rd – Portugal (2,344)
4th – France (1,989)
5th – Estonia (1,966)
6th – Denmark (1,951)
1st – Ukraine (2,315)
2nd – Russia (2,303)
3rd – India (2,128)
4th – Czech Rep. (2,115)
5th – Slovak Rep. (2.074)
6th – Spain (1.641)
7th - Ghana (1,509)
1st – Hong Kong (2,203)
2nd – Latvia (2,118)
3rd – Belarus (2,056)
4th - Romania (2,033)
5th – P. R. China (1,772)
6th – Angola (1,759)
|1st – Russia (2,417 Share Price)
2nd – Poland (2,415)
3rd – Ukraine (2,368)
4th – Brazil (2,273)
5th – Greece (2,213)
6th – Hong Kong (2,205)
7th - Latvia (2,171)
8th - Mexico (1.987)
Besides the trophies awarded to the 1st, 2nd and 3rd place and participation awards given to the remaining teams, the following prizes were given:
Special Award to:
Mr. Mykola Azarov, the Prime Minister of Ukraine
Ms. Yuliya Kovalevskaya, Member of Parliament of Ukraine
Ms. Alexandr Kharebin, General Director of Expert Ukraine
Mr. Andriy Klyuyev, Secretary of National Security and Defense of Ukraine
Mr. Olexandr Popov, Head of Kyiv City State Administration
Mr. Yuriy Avksentyev, Deputy Head of the Cabinet of Ministers of Ukraine
Mr. Sergey Prokayev, General Director of Agro-Soyuz Holding
Mr. Alexey Kredisov, Managing Partner Ernst&Young in Ukraine
Mr. Mikhail Irtlach, Marketing Director of ESGroup
Collaboration Award to:
Mrs. Anna Degtereva - Global Management Challenge Ukraine
For outstanding organisation of the International Final 2011
Distinction Award to:
Mr. Vitaliy Tsybankov
Ms. Tatiana Fursova
Mr. Serhiy Zinkivskiy
Ms. Danuta Pisarenko
Ms. Kateryna Seledets
Ms. Tatiana Luchino
Ms. Olena Novgorodskaya
Mr. Oleg Afanasyev
For outstanding organisationof the International Final 2011
Sponsor of the Year Award to:
For Outstading contribution to the international development of the Global Management Challenge