International Final - 2008
A total of 30 countries competed for the title of world champion of the International Competition of Strategy and Management.
Launched in Portugal in 1980, by SDG and the EXPRESSO newspaper, more than 390.000 competitors comprising a range from company executives to university students have participated worldwide.
Wednesday, 22nd of April - 2009
The Global Management Challenge has become a high profile and visible event in each of the 30 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.
Semi-final of the Global Management Challenge
Thursday, 23rd of April - 2009
Final of the Global Management Challenge
Gala Dinner and Prize Awards
The team from Russia , a mixed team, was the winner of the 2008 International Final.
Russia joined this competition of strategy and management just 3 years ago and this is their first international victory.
In second place was Poland and in third Finland, their first participation. "We had the honour to present our country in the world's largest strategy and management competition - Global Management Challenge. Our way to Portugal was neither short nor easy. We have started our career in GMC three years ago, qualified to finals of national competitions several times and defeated many strong teams. So, we realized our responsibility in full measure to present our country at the GMC International final and did there our very best. Fortunately, our experience with the simulator and good knowledge of economics, management, statistics and IT as well as strong will to win were enough to justify ours and our colleagues' hopes. Yeah, we did it!
And we are very proud that it happened in the 30th anniversary of the Global Management Challenge and in its birthplace - Lisbon, the heart of marvelous Portugal! The winners announcement at the gala dinner was like a dream: we still can't believe that we left behind all our opponents: they were actually very strong, especially the
Polish team. But now they are all our friends!
We are glad that our career in GMC ends up in this way. But we are a little bit envious to beginners, those who just start their way in GMC. This is a way of bitterness of defeat and gladness of victory, incredible efforts and adrenaline, drive and glory. Play it and enjoy it! See you all next year in Russia!" - Winning Team
Portugal was represented by a team of young managers from Qimonda and took 8th place.
Besides the countries stated the following teams competed for the world title:
Angola, Australia, Belarus, Belgium, Bolivia, Brazil, Czech Republic, Denmark, France, Germany, Greece, Hong Kong, Hungary, India, Italy, Latvia, Macao, México, P.R.China, Romania, Singapore, Slovakia, Spain, Turkey, Ukraine, United Kingdom.
The organisation of this International Final – the XXVI edition - was organised by SDG , in Lisbon, Portugal.
The final was organised over two days. In the first day, teams were divided 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 Hong Kong, Belarus, Russia, Poland, Portugal, Romania, Finland and Turkey.
1st – Hong Kong (1.824 Share Price)
2nd – Belarus (1.781)
3rd – Slovakia (1.699)
4th – India (1.627)
5th – Greece (1.621)
6th – Latvia (1.547)
7th – Australia (1.535)
8th - Singapore (1.475)
1st – Russia (1 .968)
2nd – Poland (1.930)
3rd – China (1.874)
4th – Macao (1.824)
5th – Germany (1.745)
6th – Ukraine (1.715)
7th - U.K: (1.657)
8th - Czech Republic (1.642)
1st – Portugal (1.771)
2nd – Romania (1.759)
3rd – Denmark (1.724)
4th – Belgium (1.683)
5th – Angola (1.583)
6th – Hungary (1.546)
7th - Spain (1.481)
1st – Turkey (1.801)
2nd – Finland (1.801)
3rd – France (1.756)
4th – Mexico (1.737)
5th – Brazil (1.664)
6th – Italy (1.662)
7th - Bolivia (1.462)
|1st – Russia (2.065 Share Price)
2nd – Poland (2.057)
3rd – Finland (1.913)
4th – Hong Kong (1.894)
5th – Turkey (1.885)
6th – Belarus (1.826)
7th – Romania (1.781)
8th – Portugal (1.700)
Besides the trophies awarded to the 1st, 2nd and 3rd place and participation awards given to the remaining teams, the International Organising Committee distinguished Barclays Bank as “International Sponsor of the Year”.
International Sponsor of the year awarded to:
For outstanding contribution to the International development of the Global Management Challenge.
Joint-Venture Award to:
To a Successful Joint-Venture of 30 years.
Partnership Award to:
To a Successful Partnership of 30 years.