If
your think tank is confident to outwit the competitors by making excellent management
decisions and leading the company to increase its market shares and profits under
an exciting competitive atmosphere, enter the Hong Kong Management Game organized
by The Hong Kong Management Association now and win the HK$25,000 cash prize! The
Management Game, launched in 1971 is a computer simulated exercise. It allows
executives to have a risk-free opportunity to try new strategies under a sluggish
economic situation. It is not just a game, but has proved to be an exciting and
efficient tool in management training. The essence of the Game is the ability
to make sound business decisions consistently at the appropriate time, demonstrating
skills in the field of finance, production, investment and marketing even at a
time of crisis. These decisions need to be welded into a strategy if a winning
combination is to be achieved. The Management Game is a knock-out competition
mainly played by e-mails except the Hongkong Final to be held on 24 July. Participating
teams, each with four members, represented fictitious companies, have to submit
decisions regarding marketing, pricing, production and finance and to compete
in the same real-to-life business situations for eight accounting periods in the
Official Round. "Companies" may also face simulated up-to-date management
problems such as strikes, labour dispute, anti-competition strategy, terrorist
attack, materials / labour outsourcing issues, natural disasters, vendor problems
and so on. Decisions submitted will be evaluated by the computer and up-dated
Management Report will be produced for each company to form the basis for the
next period`s decisions. The Hongkong Champion:
- A cash prize of HK$25,000*
-
Four Round-Trip airtickets to Singapore
- The South China Morning Post Perpetual
Trophy First Runner-up: - A cash prize of HK$10,000* Second
Runner-up:
- A cash prize of HK$5,000* Other Finalists
- Souvenirs (*Cash
prizes are donated by CLP Power Hong Kong Limited)
Deadline for Official
Round (Registration Fee: HK$980 per team) will be on 11 May. For registration
and further enquiries, please contact Ms Mei
Tang on 2774 8553 or Ms Christine
Choy on 2774 8552.
The Award is sponsored by Cathay Pacific Airways Ltd,
CLP Power Hong Kong Limited. South China Morning Post and Jiu Jik are the Media
Sponsors. BNP Paribas and Hong Kong Air Cargo Terminals Ltd are the supporting
organizations.
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