Global Management Challenge India

Technology Enhanced Learning for Managers and Professionals using a globally renowned Simulator. Teams are divided into groups of up to 8 teams per group.

International competition

Global Management Challenge is the world’s largest Strategy and Management Competition for university managers and managers. 30,000 participants from more than 30 countries around the world take part in the competition every year. Experiential learning

The Competition focusses on experiential learning and comprises a management simulation where each team manages a virtu

al company over 5 quarters (5 weeks in real time) with the objective of achieving the highest investment performance for the company’s shareholders. The virtual company is based in Europe and manufactures 3 different models of a certain product. The company has to procure materials, manage a production process that involves machining and assembly and sell its products in 3 different markets. This involves several decisions, for example hiring/firing, pricing, capital expenditure etc. The decisions of one team are assessed by the simulation software in comparison with the decisions of the other participating teams. For example, the number of orders and therefore the revenue is based not only on its own decisions about prices, advertising, product quality etc., but to a large extent on the decisions of all its competitors. And this is what makes the Competition interesting because there is no right or wrong answer – all the answers are relative to the answers of the other teams. Competition format

To take part, participants need to organise themselves as teams comprising 3 to 5 persons per team. Each team manages a virtual company over 5 quarters (5 weeks in real time) with the objective of achieving the highest Investment Performance for the company’s shareholders. The winning teams proceed to the 2nd round. The 1st and 2nd rounds are played online and the participants require 2 to 3 hours per week to make the management decisions for their virtual company. The winning teams from the 2nd round then move to the UAE final which will be held in March 2015. Learning outcomes

We all learn from our mistakes. However, mistakes often have adverse consequences, and sometimes these adverse consequences can have disastrous results, not only for the person making the mistake but also for many others affected with those incorrect decisions. By providing an opportunity to practice management skills on a simulator, Global Management Challenge allows participants to test their theoretical learning of management principles in a competitive real life like scenario. Any mistakes made in the competition simply provide opportunities for learning, but do not result in unexpected losses. By participating in Global Management Challenge, managers have the opportunity to make decisions for different management positions. This allows them to experience and address the constraints and the conflicts that managers in real companies face as part of their ongoing professional management role. Global Management Challenge helps managers to develop skills such as leadership and team work, communication and time management, forecasting and what-if analysis and so on. However, Global Management Challenge goes far beyond. The true benefit of Global Management Challenge is that it allows participants to “learn by doing”. In the real world “doing” or implementing your ideas successfully is all that counts. Global Management Challenge provides that opportunity without the cost of making wrong decisions. And this is the best learning outcome that Global Management Challenge provides. Participation options

Corporates
There are 3 routes available for corporates to participate in Global Management Challenge India. Enter professional teams – great training and staff assessment opportunity. Sponsor manager teams – CSR initiative, PR and talent identification. Sponsor event – considerable PR, as well as staff training and CSR opportunity. Competition organiser
SANSKAR
SIMULATIONS AND MANAGEMENT TRAINING
MOB: 9971188800
EMAIL: [email protected]
WEBSITE: www.gmcindia.in

23/09/2022

Power Grid Corporation of India Limited - Business Simulation Games 2022
(Powered By - Global Management Challenge India)

-2 (23-30 September)

Best of luck to all participating Teams !!!

WorldGMC

04/09/2022

Power Grid Corporation of India Limited - Business Simulation Games 2022
(Powered By - Global Management Challenge India)

Round (02-07 September)

Best of luck to all participating Teams !!!

WorldGMC

28/08/2022

Open !!!
Student Championship - Global Management Challenge India

The world's largest strategy and management competition is back with it's 3rd edition in India. Students of premier Management Institutes are invited for participation, organized in a team of 3-5 members.

# Represent India at International Finals
# Diploma in Management (EFMD - EOCCS Certified)
# Cash Prizes and many more

To participate, visit competition website at www.gmcindia.in

Participating Institutes:
Indian Institute of Management Ahmedabad, Indian Institute of Management Amritsar, Indian Institute of Management Bangalore, Indian Institute of Management Bodh Gaya, Indian Institute of Management, Calcutta Indian Institute of Management, Indore Indian Institute of Management Jammu, Indian Institute of Management Kashipur Indian Institute of Management, Kozhikode Indian Institute of Management Nagpur Indian Institute of Management, Lucknow Indian Institute of Management, Ranchi Indian Institute of Management Raipur Indian Institute of Management Rohtak Indian Institute of Management Sambalpur Indian Institute of Management, Sirmaur Indian Institute of Management Tiruchirappalli Indian Institute of Management Udaipur Indian Institute of Management Visakhapatnam Indian Institute of Management, Shillong DoMS, IIT Roorkee DoMS, IIT Madras IIT Kharagpur - Vinod Gupta School of Management Department of Management Studies, IIT Delhi IIT Bombay - Shailesh J. Mehta School of Management Management Development Institute, Gurgaon Institute of Management Technology, Ghaziabad ICFAI Business School International Management Institute - IMI Indian Institute of Foreign Trade Goa Institute of Management (GIM) T A Pai Management Institute, Manipal XLRI Jamshedpur SPJIMR SP Jain Institute of Management & Research Symbiosis Institute of Management Studies Faculty of Management Studies - University of Delhi SVKM's Narsee Monjee Institute of Management Studies (NMIMS) K J Somaiya Institute of Management

WorldGMC

19/08/2022

Global Management Challenge India will host the 2022 edition of Power Grid Business Simulation Games.

The competition will feature 81 Teams and 324 Participants.

We wish all participating Teams best of luck for the Challenge !!!

WorldGMC

31/05/2022

The Biggest Global Event of Strategy and Management is Back !!!

It's Official --> Beautiful city of Santiago de Compostela, Spain will host the International Finals of 2021 edition from 3-5 October, 2022.

Team India will be represented by managers from NTPC Limited - Senkguttuvan Ntpc, Al Mohammed Idris, Durga Sampathkumar.

The Team shall be supported by winners of GMC India 2021 Student Championship: Students from IIM Kozhikode - Ananta Gupta, Kanishk Sharma, Tinish Gupta, Devendra Meena, Geeta A K

We wish our Team best of luck for the Challenge !!!

WorldGMC

06/04/2022

GLOBAL MANAGEMENT CHALLENGE
EOOCS Certified for 3 More Years

We are very happy to announce that SDG – Simuladores e Modelos de Gestão SA was recently granted EFMD Global Online Course Certification System (EOCCS) recertification for its Global Management Challenge - The World’s Largest Strategy and Management Competition, present in more than 30 countries.

WorldGMC

13/03/2022

𝗧𝗵𝗿𝗲𝗲 𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝗰𝘀 𝘀𝘁𝘂𝗱𝗲𝗻𝘁𝘀 𝘄𝗶𝗹𝗹 𝗿𝗲𝗽𝗿𝗲𝘀𝗲𝗻𝘁 𝗕𝗿𝗮𝘇𝗶𝗹 𝗮𝘁 𝘁𝗵𝗲 𝘄𝗼𝗿𝗹𝗱 𝗲𝘃𝗲𝗻𝘁 𝘁𝗵𝗮𝘁 𝗯𝗿𝗶𝗻𝗴𝘀 𝘁𝗼𝗴𝗲𝘁𝗵𝗲𝗿 𝘁𝗵𝗲 𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝘄𝗶𝗻𝗻𝗲𝗿𝘀 𝗼𝗳 𝘁𝗵𝗲 𝟮𝟬𝟮𝟭 𝗲𝗱𝗶𝘁𝗶𝗼𝗻.

The international final of the 2021 edition of the Global Management Challenge is scheduled for June, in the city of Santiago de Compostela, in Spain, and will bring together the winning teams of the national finals of the countries where this competition takes place. In addition to Portugal, Brazil is one of the countries that has already selected the team that will represent it at this event, made up of three Economics students from the State University of Campinas.

https://globalmanagementchallenge.pt/site/eventos-2/final-internacional/estudantes-lutam-pelo-brasil-na-final/

Photos from Global Management Challenge India's post

02/01/2022

Final Results - Championship 2021
Global Management Challenge India

WorldGMC IIM Kozhikode IIM Udaipur IIM Visakhapatnam DoMS IIT Roorkee IIM Jammu IIM Bangalore IIM Kashipur

02/01/2022

Final Results - Championship 2021
Global Management Challenge India

WorldGMC NTPC Limited Steel Authority of India Limited Maruti Suzuki

29/12/2021

Award Ceremony (18 December, 2021) !!!

National Finals 2021
Global Management Challenge India

Knowledge Partner: IMT Ghaziabad

It's Time for the Results !!!

Championship:
1st Place - NTPC Limited
2nd Place - Maruti Suzuki
3rd Place - NTPC Limited

Championship:
1st Place - IIM Kozhikode
2nd Place - IIM Udaipur
3rd Place - IIM Visakhapatnam

WorldGMC

29/12/2021

National Final Round (18 December, 2021) !!!

National Finals 2021
Global Management Challenge India

Knowledge Partner: IMT Ghaziabad

Top 8 Student and Corporate Teams, participated for an intense competition of strategy and management to win Global Management Challenge - The World's Largest Strategy and Management Competition.

WorldGMC NTPC Limited Steel Authority of India Limited Maruti Suzuki

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