Global Management Challenge, an International Management and Strategy Competition is aiming to attract over 250 teams worldwide for its annual management strategy challenge, according to TechMoran.
The challenge is based on business simulation where teams of 3 to 5 people compete against each other by managing virtual companies and for the second time, Kenyans are invited to participate, along with participants from Angola, Cameroon, Ghana, Ivory Coast, Morocco, Mozambique and Nigeria.
In Kenya, the inaugural edition of the competition was held earlier this year from January to March and involved 24 teams from universities and private businesses. The First round took place over a period of five weeks, where teams entered their business decisions in a web portal. The 24 teams were divided into 4 groups, and the top two teams progressed to the national finals.
Ravi Shah of Greener Pastures – the organizers of the GMC in Kenya said Individuals enter as a team and have to manage and strategize in running a fictitious business, and make over 75 decisions weekly in all aspect of the business.
The winning team from each country will win an all-expense paid trip to the International Finals. The previous edition was won by Tropical Heat Kenya and they participated in the GMC International Finals in Prague, Czech Republic in April 2015. The winners of this finals will visit Macao, off Hong Kong, to participate in the International Finals in April 2016.
Go here for more information on the 2016 event.
