The Global Management Challenge

globalIt was a curious time when the Global Management Challenge rolled into Tamale this week. The challenge, sponsored by the US Embassy  is a management simulator that seeks to project how companies fare in a market given similar conditions and similar markets in which to operate.

Six teams come together and then enter into a competition given similar company histories and they are to operate in the same market and under the same conditions.

The companies are run by a management board which decides on every aspect of running the various facets of the company. There is a CEO, The Financial Director, The Human Resource and Marketing Managers and finally a Production Manager.

This implies that a team comprises of 5 people and there are groups of 6 in a competition. These individuals come together to exhibit talents that they each bring to the table to move a company forward.

There are important lessons learnt from this exercise. The first one is teamwork. For a company to move on all the sector heads, in essence, the five persons at the table need to put their heads together to take critical decisions that affect the company. Before a decision is inputted into the decision form, the members all agree on the decision that has been made.

Another importance of the global simulator is that it grants a hands-on experience on how to run a real life company without the internship hustle that usually applies to working on a daily basis in a real live company. It is also based on the premise that the simulator is an actual representation of what happens in the real world and this can be translated via the company reports, etc that are generated by the simulator from the decisions made.

The global simulator is a very important exercise in the sense that it can be used in institutions for management training and to give hands-on experience to management trainees and practitioners to take decisions in a firm in a simulated environment.

Well, found myself in the  Tamale edition with a couple of my friends and it was worth the experience.

It is my suggestion that folk read more about the management challenge and if it’s available try their hands on it. The experience is worth it.

As Africans we are already lagging behind The West when it comes to technologies like this and it is important that in a bid to catch up we train ourselves to keep abreast with the technologies of the times. It is not usually a collective effort but an individual effort that spreads out into the collective.

I have done mine and I’d keep following up on such technology around the world. It is up to you reader to do yours.

Like i always say, it begins with YOU!

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: