The Global Management Challenge is the largest Strategy and Management Competition in the world. It's the largest international event based on business simulations, in which more than 500 000 university students and company managers participating in this event throughout the world.
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.
At this time the Global Management Challenge are present in following countries: Angola, Australia, Belarus, Belgium, Benin, Brazil, Cameroon, Czech Republic, Denmark, Estonia, France, Ghana, Germany, Greece, Hong Kong SAR (China), India, Italy, Ivory Coast, Kuwait, Latvia, Macao SAR (China), Mali, Mexico, Mozambique, Nigeria, People's Republic of China, Poland, Portugal, Puerto Rico, Romania, Russia, Senegal, Singapore, Scotland, Slovak Republic, Spain, Togo, Turkey, Ukraine, United States of America and Venezuela.
The Global Management Challenge consists of a Management Simulation in which each team runs a Company, with the objective of getting the highest company share price on the simulated Stock exchange.
Managing a company, without running real-world risks, and taking top management decisions, the competitors are given the opportunity to:
Analyse Financial and Economic Indicators,
Broaden their views on Corporate Strategy,
Interact with the different Functional Areas of a Company,
Understand the Market Conditions in which they compete and Customer Satisfaction,
Become aware of the impact of their Decisions on the Organization itself, within an environment designed to encourage and develop teamwork
The Global Management Challenge normally consists of 4 stages:
Each stage consists of Five Developing Decision Periods during the competition. The Group Winner is the team that finishes with the highest simulated share price.