Business Game Factory Ltd. and Ace Group announce strategic partnership

Business Game Factory Ltd. and ACE Group announce a strategic partnership to extend deeper into Bulgarian market. BGF is the number one choice when it comes to deciding on web based business tournaments mainly due to our expertise in carrying out global projects in different time zones, and very little impact to job constraints caused by a shortage of time.

Taavi Thiel, Managing Director of Business Game Factory Ltd. says: "We look forward to bring the world biggest and most exciting business tournament to the Bulgarian market. Our strategic partner locally is ACE based on a major client recommendation. Business tournaments and simulations are a growing trend in the management training business and more and more innovative companies from different countries are choosing BGF Tournaments as their training tool to stimulate growth in both revenue and profit.

"The main benefit from the BGF business simulation game is the learning that occurs during the training" says Borislav Ignatov, Managing Partner of ACE Group. "It proved to be very effective to work with a model close to the reality. The game shows how various decisions made in production, marketing, finance, personnel and other areas affect each other, and most important, how they affect to the bottom line. It demonstrates how difficult is to manage a company in a constantly changing market."

Learning takes place online, facilitated by ACE group training support. From start to finish, the training typically takes 15-20 hours, usually spread over 10 weeks of calendar time, including a practice round and four game rounds. Several teams compete against each other in a game division, each team consisting of 3-5 participants. The more diversity in participant backgrounds, perspectives and personalities, the better decisions the team is likely to make.

More information:

Shawn Graver
Businsess Game Factory Ltd
shawn.graver(#)bgfactory.com

Taavi Thiel
Business Game Factory Ltd.
taavi.thiel(#)bgfactory.com

BGF Business Game Seminar for Kekkilä

Strategic excellence, management board dynamics, team work skills, financial understanding, analyzing skills and fact based decision making were the learning objectives of The Kekkilä Management Development Seminar organized by BGF.

The Seminar was targeted for the 20 key people in Kekkilä management. The participants came from Finland, Sweden, Estonia, Denmank and Spain.

The five participating teams were formed from the actual real-life management teams. The practice round was played and facilitated remotely before the seminar. This was the way to ensure that participants were well prepared for the actual seminar.

The seminar started with a kick-off including the analysis of the practice round. In the first day there were two game rounds with two hours interval. Between the rounds Ilkka Koskinen (People Focus) was running a know-how session about the management team work; pitfalls, tips for high-performance teamwork, decision making in teams, etc. Vesa Kurikka (BGF) was debriefing the game results round after round.

In the second day the decision making time was cut down to 1,5 hours in order to make the team work even more challenging and to increase the pressure.

By the end of the seminar Vesa and Ilkka held a wrap up session going through the lessons learnt and how to transfer the learning into the daily real life challenges. Also each participant made a personal action plan which was reported to Petri Alava CEO of Kekkilä. Last but not least the final result of the Business Game was released. The Champions got a cool looking trophy, a bottle of champagne and place in the semifinals!!

More information regarding the Seminars:

Taavi Thiel

taavi.thiel@bgfactory.com

Business Game Factory Ltd.

www.bgfactory.com

BGF Business Tournament - Semifinalists 2007

(On the picture "Ape team" from Fujitsu Manufaturing Spain, from left to right José Sierra, Luis José de la Jara, Fernando Pérez Arrebola, Alvaro Temboury and Aarti Parwani)

The fall starts of the most exciting business tournament worldwide have already been played. After a fierce competition and a powerful learning experience for the participants, Business Game Factory releases today the first 20 semifinalists of the BGF Business Tournament 2007. The division winners represent 18 companies and come from 11 different countries.

These are the successful teams:

- Atlas Copco (Canada)
- The Walt Disney Company (Spain)
- Pan American Energy llc (Argentina)
- Ericsson (Sweden)
- ABB (Spain)
- Tecpetrol (Argentina)
- VTT (Finland)
- Fujitsu Manufacturing (Spain)
- SEB (Germany)
- Stora Enso (Sweden)
- SKF (Italia)
- Consolis (Finland)
- SEB (Latvia)
- Swedbank (Sweden)
- Orion (Finland)
- Nokia (China)
- Statoil (Norway)
- Ericsson (Croacia)

In the business game each team assumes the responsibility of running a multinational company on a world market competition against other teams. The winning criteria is the total share holder value.

On behalf of BGF team we want to congratulate to the semifinalists for their victory and wish them great success in the semifinals that will be played in September.

Taavi Thiel

taavi.thiel@bgfactory.com

Business Game Factory Ltd.