Teams have several weeks to test their management ideas
In the test, participants create strategies, make decisions and work together to achieve results.
José Pedro Soares and Nicole Ludovino are former participants in the Global Management Challenge and joined the competition in 2007 and 2019, respectively. From that experience they were left with the teamwork developed in the execution of a strategy and the notion of the impact that a decision can have on an organization.
José Pedro Soares, 35, sales executive (sales manager) of Konica Minolta Portugal, tells us that the taste for financial data analysis, decision making and the curiosity to understand the impacts and consequences of these same decisions in a company, still that in a simulation context, led him to join this competition. From those times he recalls “the degree of abstraction necessary to focus not only on the values presented, but on the global context where our company was inserted, such as the area of activity, the evolution of the sector, competition, among others, for in order to try to measure and anticipate the impact that all variables could have in conjunction with our decisions ”.
From what you have learned, it highlights the ability to interpret results and anticipate their impacts on decision making. “I feel that the way I manage to align my work today with what is wanted by my superiors within an organization was developed in challenges such as those that the Global Management Challenge can present to us”, reveals José Pedro Soares.
For those who study, this test is, in the opinion of this former participant, an opportunity to gain greater perception of the business market and to evolve the ability to work as a team. Cadres, on the other hand, have “an opportunity to test and challenge their knowledge and simulate strategic approaches”.
At the age of 24, Nicole Ludovino is president of AIESEC Portugal, an international organization, present in several countries and territories, led by young students and recent graduates and who develops leadership in those who integrate their programs. “In this competition I obtained three lessons that I implement in my life. One is the importance of having a team aligned for the coherent implementation of a strategy. The second is to define non-negotiable barriers to the way the team will work around the defined strategy. The third is to focus on the result, but do not forget to take advantage of the process ”, he explains.
For this former participant, the test develops skills that as a student she feels she would not have the opportunity to develop in a classroom. Let those who are in the race leave some advice. “Start by building your team, take a moment to get to know each other and understand how each one communicates and makes decisions and talks about your expectations.” Knowing what each member is capable of, “get together and define a strategy that everyone understands and knows how to contribute within your department”, he adds. “After each round, it is necessary to analyze the results and adapt the tactic used, without forgetting the initial strategy and maintaining agile and articulated communication between all members”, he concludes.
Onw Week from the End
The teams that are in competition this week made the fourth management decision. Therefore, they only have one more week to prove their worth in the area of strategy and management. With this week's decision, there was only a change in the leadership of group three, with the rest having the same leadership. The teams thus try to maintain the top position that will guarantee them the passage to the national final, which will take place next month. IT Sector and CGD are currently the entities with the most teams at the top of groups, with two each.