Friday 19 December 2008

Warm Christmas Season Greetings and All The Best for a Wonderful New Year!


We at Business Game Factory are very glad to have shared another successful year with You. Everyone contributed a great deal to make this Tournament Year even more exciting. Once again, congratulations to the Finalists, who have done a tremendous job in their performance, excelling in their business acumen.

We have a thrilling surprise coming up next year, so watch this space!

As our Neighbour from The Arctic Circle - Santa - would say - Ho Ho Ho! MERRY CHRISTMAS EVERYONE! Hyvää Joulua!

And a prosperous New Year 2009. Let's make it a superb one!

See you soon!

Taavi Thiel, CEO at Business Game Factory Ltd.
Together with the BGF Team

AstraZeneca Japan – We made it through !!


This was the third opportunity for AstraZeneca Japan to participate in this Business Game and we became the first team to advance to semifinals!

What made the difference? Our strengths were –
· Variety of members from Finance, Marketing and Human Resources
· Weekly meetings for reviews and decisions throughout the competition.
· Guys who could enjoy the game!

Our team was from different divisions. Yoshihiko Terada is a Finance guy who works as a financial analyst, Hitoshi Ishigaki is a Marketeer who is in charge of Portfolio Strategic Planning in Oncology, Shinichiro Mori is also a Marketeer who is in charge of one of mega brands in Primary Care and Fumiyasu Sakogawa is an HR guy who coordinates trainings in our Manufacturing division. We have extremely different backgrounds and that diversity worked very well in allowing us to make decisions by influencing each other.

Also, we held weekly meetings, 3 hour meeting before submission and 1 hour meetings for result review. Feedback from the review meeting was well utilized for the next round submission. Every day we learn!

Finally, we have really enjoyed the game, as it was exciting and fun although it was tough. Business Game participation had been prioritised rather than anything else. This had to be the biggest reason why we could enjoy and concentrate through the game for two months! (sorry, bosses!)

We really enjoyed it and are looking forward to competing in the semifinals again in September 2009.

Our motto is – "On va gagner le Grand Prix! La fête à Cannes!!"

Sandvik SSD/SIT to the Semi-finals of BGF Business Tournament


The first international team in the BGF Business Tournament competition has been born and so far mother Fortuna has been on their side.

This team, GFG, consists of Sandvik employees (SSD/SIT) from both Germany and Sweden. Frank Siebenmorgen is from Germany, Maria Wesslegård and Per Hälsingdal are from Sweden.

The first round of the
Tournament which started in September 2008 is already over. Four business years have passed by and Maria, Frank and Per have made it to the semi-final next Autumn!

Something that might seem to be a difficulty is that they live and work in two different countries. They do not see each other in person so often. Instead of physical meetings, they communicate through telephone meetings and video conferences.
- It works very well to communicate by using this technology, Frank says.

Understanding strategy, economics and the drivers for a company are some of the challenges the teams have in the competition. According to the team, other challenges include taking the right deci­sions and trying to predict how the other teams will act in the different rounds. That is not easy, but they learn more and more as time passes by.

- We have learned how important it is to have a plan and to stick to it. Another thing that is essential is to listen to the Market Analysts, Per says.

They all have different roles in the competition, Per modestly says that his role is to make the other ones happy.

- Frank is the financial expert and he makes all the necessary analyses. Maria is the one questioning things and thinking in new directions.
- We all work perfectly well together, de­spite the geographic obstacle. And we all enjoy good discussions and we have a lot of fun as a team; and that is the most important thing, Maria says convincingly.

Per Hälsingdal
Current role: Global Transition Manager, SIT
Team role: We all share the roles, but I am the President.
Contribution to the team: To make everyone happy, to be active in discus­sions, book meetings, send in our result to the tournament arranger and ask silly questions. In other words, to do what is expected of a President!


Frank Siebenmorgen
Current role: Manager SSD & SIT Germany
Team role: We deal with the questions and decisions as a team, but I believe I am the Financial Manager.
Contribution to the team: To be an active part of discussions, do the techni­cal calculation of prices and sales volume estimates.

Maria Wesslegård
Current role: Special Service MES Manager, SSD
Team role: No specific role, a team player.
Contribution to the team: To take an active part of discussions, read all the material concerning the competition and come up with ideas for strategies and operations.


Abertis Championship winners!


The Lynx Team is a truly multinational team of 5 members. Our lynx spans from Bolivia (Eduardo) to France (Françoise) and Spain (Xavi, Jordi and Adria). We like the challenges and we managed to make lively and positive meetings/conference calls where all members added value from their unique angle.

Eduardo has a friendly way to say business is business and stick to the common sense. Spanish Xavi is always looking at the risks and tries to keep the four legs of the lynx on the ground. On the other hand, Jordi likes to think out of the box and stretch us towards bigger objectives, and Françoise always making us think again about the whole picture and the balanced scorecard! Finally, Adria likes Excel spreadsheets and likes to coordinate the meetings while crunching numbers. This melting pot has been capable of having a clear sight for victory! That is the Lynx.

Team Lynx proceeds to the BGF World Semi-final in September 2009!

From left to right: Jordi Bosom, Françoise Riou, Adria Canals, Eduardo Canelas and Xavi Serra.

Monday 15 December 2008

Working instructions: How to go to Cannes-from SKF TEAM



Pat Benatar was singing "Love is a Battlefield" - which is of course true, by the way - but now we can sing "Business is a Battlefield" with no doubt. Alfred Hitchcock couldn't have made this World Final more thrilling. We can only describe what was going on here in Austria - but let us assume the very same scenarios were happening at the very same time in some specific places in Poland, Spain, Hungary, Latvia and Sweden.

After you successfully managed to beat a number of other teams out of the game in qualification round and semi-finals, you will be one out of six finalists - leftover from 300 teams which entered the BGF Global Tournament. In the world final, do as follows:

Tuesday afternoon...
Schedule a nice little meeting in the afternoon, starting at 3pm. Well, at 19:30 you will have to order some Pizza to keep the systems running. The meeting will be a heavy duty test for your coffee machine. At around 22:00 you will be already more clear about what to do. Finally you send in your decisions for the first round...



Wednesday afternoon...
Same as above. This is the time to realize - there is some serious competition. Refine your strategy and put up an action plan. The Pizza service will come in again at 19:00...



Thursday morning...
Starting at 07:00 you will need some fresh ideas to improve your business and somehow beat those ...aarrghh... competitors. Good sales and production alone won't win the game, pay enough dividends, motivate your employees.
From round to round you will come closer to the edges of your seats. The coffee machine will at this time be in continuous operation. Lunch is of course only sandwiches while you fight your battle...


Thursday afternoon...
Before you send in your decisions for the last round, you will already know that the final scores won't be far from each other - everything is still possible. Then at around 16:11 you will stare at your screen with eyes wide open - the relief... you will have to look at the results more than once to realize - your team has made it. Finishing in third place (optionally: first, second), you will be going to Cannes.


Friday morning...
Exchange nice mails with the other teams, have a look again at the pictures from previous award ceremonies, check if your dinner jacket still suits you, gear up your cigar depot and wait for BGF to book your flights...

Congratulations to the winners Schenker and second Accenture - be sure we will have a drink together in Cannes...
...and greetings to all from the third, team of SKF (Austria) - Erwin Übleis, Simon Blasl, Jörg Schlager and Klaus Zeppezauer






Tuesday 9 December 2008

SEB's team Plastixxx in the BGF Semi Final: going the first step!

SEBs team Plastixxx contains of five enthusiastic members from Norway, who daily work in the credit card business.

- Although telecommunication is a rather different business from ours, I believe we have been able to use some of our experience and business understanding in the BGF-game, says Brian Malm, teamleader of Plastixxx. We found the game very realistic and exciting, and we had a lot of fun during the four decision making rounds.

- I believe we won our division mainly because we did a thorough job setting up the game strategy, and following it throughout the whole game.

- We had a lot of exiting discussions in the decision making, but it really took both time and effort to complete the decision sheets during each of the four rounds. But it paid of, and we are now headed for the semifinal in September 2009.

- Plastixx is a team with great ambitions, and we have strong faith in the forthcoming semifinal in September 2009. We are really looking forward to the next rounds of competition, and we expect nothing less than advancing to the final next year!

Picture: The Plastixxx team is (from the left) Øyvind Christie, Brian Malm, Hilde Fredheim Høgberg, Ole Kristian Duaas and Eivind Løvig.

Tomm-Fredrik Olsen, Head of Marketing, SEB Kort

.

Thursday 4 December 2008

BGF WORLD FINAL 2008!


This year's BGF World Final took place on 27 November 2008. It was a very tight race and everyone's mission was to make it to the very top. There were so many emotions, a lot of excitement, anxiety, and of course analysis and focus... From over 400 teams during the year and about 60 teams competing in the semi-finals, only 6 made it to the very top. This was quite an achievement!

We at
Business Game Factory are very proud to announce the official ranking of the 2008 BGF Business Tournament World Final:

1. Schenker - Team LOGICART
(POLAND)

2. Accenture - Team DTN
(SPAIN)

3. SKF - Team SKFonic
(AUSTRIA)

4. Nordea Bank-Latvia branch - Team NORDTEL
(LATVIA)

5. Ericsson-Business Unit Networks - Team KEY
(SWEDEN)

6. Nokia - CREATEAM
(HUNGARY)


The Top 3 Teams will be flown in for the
Exclusive Awards Ceremony in Cannes on the French Riviera in the Spring. There, they will be get a chance to celebrate their success together and receive their big and well-deserved trophies!

Congratulations to all Teams! You made this an experience to remember!!

Taavi Thiel
CEO of Business Game Factory



Thursday 25 September 2008

Ericsson Sweden in BGF Final: the backstage story

On the photo (from left to right): Monica Jansson (Project Office Manager), Stefan Engström (Strategic Product Manager), Östen Johansson (Senior Project Manager), Mikael Wahlén (Career Model Project Manager) and Team Leader: Anette Jansson (Project Office Manager).


Ericsson is always committed to do good in business. This beautiful competition is no difference! The Team Key has found this competition very challenging and rewarding. We are very committed to go to Cannes, not being satisfied with 2nd or 3rd place. The first two rounds were very tough with fierce competition but we prevailed. We have overcome temporary setbacks, and with a lot of analysis work we managed to find a strategy that proved to be successful. We are in the finals; having beaten over 310 other teams. That is really a confidence booster.


The team consists of people from the Ericsson R&D and Product Management organisations. The team spirit is excellent with a lot of laughs and creative discussions. The basic round was extremely tough with our final colleagues SKFonic as one competitor. We meet again in the Final!!!! We are very happy to play against such noble and respected companies as Nokia, Schenker, Nordea, SKF and Accenture. We will certainly do our best to earn the top position. The game as such is very rewarding in terms of knowledge and team management, thus we have learned a lot. It was very exciting in the semi final round to wait for each round result, the nails got short and the heartbeat was picking up as the clock was ticking. This type of game is not only good for personal development but also a perfect break in the daily work routines. Well done Business Game Factory!


A final remark to our Final competitors:
The force might be with you and the wind might be blowing from behind. But, Ericsson with Team Key will fight to the bitter end with the goal to win the prestigious trophy and the total universal glory of being on top in BGF 2008.


May the best team win!


Best Regards
Team Key


Anette Jansson, Manager Project Office RBS Node, Business Unit Networks, Ericsson Sweden

Tuesday 23 September 2008

Nokia Hungary in BGF Final: Looks like we made it :-)

"... the smell of the leather always excited my imagination
And I picture myself in this different situation
I'm a company director … lalalalaaaa"

We felt somewhat similar to what Sting sings in this brilliant song. Sitting behind closed doors, calculating, coffee after coffee, increasing pressure and feeling really important. For 24 hours during the semi-final we forgot about our everyday problems and most important decisions in our life seemed to be investing in the logistic and human resource processes of our Asian Magnetic Resonance Imaging business, or allocating money to R&D and so having a long-term effect on our lives. :-)


Besides finding the numbers for each cell in Excel, we continuously kept guessing who the other teams in the "BGF Universe" are, and what kind of thoughts they might have. Overall, this was really great fun. The 30 minutes between two rounds [waiting for results] seemed to be endless as we got closer to the last round. After receiving the reports simultaneously every member of our team jumped from His/Her seat and rushed to the "Createam Headquarters" with the new report in the hand, already having some comments about our expectations vs. actuals. Overall, the hardest part was anticipating what the reactions of other teams are going to be for the situations we were put in, and so basing our decisions on something without hard evidence. However, we seem to have had the right crystal ball, as we came first in the semi final. :-)


We are looking forward to the Final and really recommend to everyone who has a chance to go and find out what BGF Tournament is about!


May the force be with us in November!

- Createam

Greig Williams, Managing Director, Nokia South East Europe

Accenture Spain in the BGF Final: DTN's mission is TO WIN!

Some months ago… In 2008, a crack commando unit was sent to prison by a military court called BGF for a crime they didn't commit. These men promptly escaped from a maximum security stockade to the Accenture Madrid office. Today, still wanted by the government, they survive as consultants of fortune (winning game after game). If you have a (business) problem, no one else can help (increasing your profits), and you can find them, maybe you can hire... The DTN-Team.

Their leader is Col. John "Hannibal" Smith (Starring David Radío Gallego and co-starring Antonio Rodriguez-Vilariño Poza who is the specialist for the dangerous scenes), whose plans tend to be unorthodox but effective. Lt. Templeton "Faceman" Peck (Diego Ramirez Adrados) is a smooth-talking con-man who serves as the team's appropriator of vehicles and other useful items. The team's pilot is Capt. H.M. "Howling Mad" Murdock, (Sergio García Castilla), who has been declared insane and resides in a mental institution. Finally, there is the team's strong man and mechanic, Sgt. Bosco B.A. ("Bad Attitude") Baracus (Francisco Fernandez Parra).

Apart from the brave men mentioned above the team was led by two guest stars: Artemio Luna and Alfonso Peña who will be coming with our friends in the craziest adventures to achieve one target in their next mission… WIN THE BUSINESS GAME!!!


Maria José Sobrinos, Human Resources Director, Accenture Spain

BGF and Northeastern University success story in “Business Education"

Capstone Simulation At Northeastern
The Northeastern University College of Business Administration in Boston, Massachusetts, has chosen a new Web-based simulation for its undergraduate capstone course. Designed by Business Game Factory, a Web-based business tournament design company in Helsinki, Finland, the simulation is run in the last three weeks of the semester-long course "Strategy in Action". More than 200 seniors take part in the simulation. Students are divided into five-person teams, each managing a global mobile cell phone manufacturing company and network service. Their goal is to win the game by conceiving and implementing the best working strategies, winning market share, and maximizing long-term shareholder value. The simulation is held in four rounds, each equaling one year of business operation. For each round, teams submit dozens of online spreadsheets that outline their financial and operational decisions regarding product line, manufacturing options, pricing and marketing strategies, competitor analysis and benchmarking, and investment in new services such as music or games. Those "year-end" results are analyzed and returned to them within 36 hours. The experience demonstrates the cross-functional links inherent in business enterprises, says Bert Spector, professor of international business and strategy. "The emphasis is not on the technology," he adds. "The emphasis is on the process of information sharing and decision making that occurred within the groups."
BizEd September/October 2008 (pp. 67-68)

Thursday 18 September 2008

The LOGICART team (representing DB Schenker in Poland) qualified to the BGF World Final !!!


The LOGICART team consists of 5 people: Piotrek Bąbel (Sales Branch Manager), Mariusz Kozłowski (Project Development Manager), Darek Subda (Controlling Manager / Team leader), Rafał Tarasewicz (Project Manager) and Arek Wojtas (Key Account Manager).



The day of BGF Semi finals was really exciting. After the first round we were on the fifth position and we knew that it would be extremely difficult to win this game. Obviously we like such challenges! Then, it was only better: second place after 2 round and finally we were the first after next rounds. I think time pressure really helped us and forced us to focus only on the most important factors impacting our results, but it wasn’t easy as our competitors also did play really well.

After all, we are definitely satisfied and look forward to the Final.


Agnieszka Józwik, HR, Schenker Poland

Friday 12 September 2008

SKF Austria goes BGF World Finals 2008!





Coming from Steyr, a small town in the middle of Austria, SKF rolling bearings as well as SKF Business Game Factory players conquer the world.The motivated finalists are team leader Erwin Uebleis (controlling), Simon Blasl (business development), Joerg Schlager (supply chain) and Klaus Zeppezauer (human resources) - in the picture from left to right. Veronika Pfeffer, participating in the first round, stepped out due to her pregnancy. Veronika, in this way we wish you all the best for your personal challenges ahead!

Over the last five years, SKF - a Swedish company and world leader in rolling bearings and relevant products - has sent over 30 teams from 17 nations to participate in the BGF World Tournament. "Out of those, three teams have made it to the semi-finals, and we are the first team to enter the World Finals", says team leader Erwin Uebleis without hiding his pride.

Being among the top six of over 320 playing teams of this year´s Global Tournament is certainly something special. "The first three will make it to the BGF awards ceremony in Cannes. However, we won´t play for the third place - we will go for victory", says business developer Simon Blasl, knowing his optimism was always reasonable so far.
Not everyone was so happy from the very beginning - besides BGF, there was a lot of "real" work to be done. However, what SKF does - we do properly, and with the success in the first round, the fire got started. "Now we see the Business Game Factory as an excellent way of learning in a challenging, competitive environment and working as a team close to the reality of company management - including the time pressure" says Six Sigma Black Belt Joerg Schlager.

"The game became more and more realistic. In the semi-final, personnel was increasingly important, as it is in reality. In the final round, we will probably have to think about proper training of our virtual employees - for example by Business Game Factory", says Klaus Zeppezauer, representing the HR part.
The Team of SKF Austria looks forward to the upcoming challenge of the World Finals - take the chance now or never, following the SKF vision "To equip the world with SKF knowledge".


Elisabeth Krennhuber, Personnel and Organizational Development, SKF Österreich AG

BGF World Semi-Finals!


In September 2008, the Semi-Finals of BGF Global Open Tournament were held. Representing 17 countries, 38 best teams from the entire tournament year were competing against each other. The time for decision-making was short, adding more spice to the tournament excitement.

We are proud to announce that 6 of the semi-finalist teams qualified and are on their way to the BGF World Final. It will take place this November. The best three teams will be invited to our prestigious BGF Awards Ceremony, held in Cannes on the French Riviera.

Please welcome the following teams to the BGF World Final:

  • Nordea Bank Finland - Latvia branch: Team NORDTEL
  • Schenker - Poland: Team LOGICART
  • SKF - Austria: Team SKFonic
  • Accenture - Spain: Team DTN
  • Ericsson Business Unit Networks - Sweden: Team KEY
  • Nokia – Hungary: Team CREATEAM

Congratulations to all the teams who were participating in the BGF Business Game Tournament!

And all the best to the Finalists! May the best team win!!



Taavi Thiel
CEO, Business Game Factory

Thursday 3 July 2008

SNPower Invest win the BGF Global Energy Tournament


Teams from the Energy sector competed against one another in one of the most challenging Global Business Energy Tournaments to date!

SNPower won the Tournament with Vattenfall taking second place and Norsk Hydro in third. Jan-Erik Felle of SNPower's team “yPhone” said, “SN Power Invest participated with a team bringing in representatives from different functional areas to mirror the way we would work with many of our daily corporate tasks. The competition gave individual team members a good insight into how a company functions as a whole, and proved to be a good way to develop the key business skills of market analysis, strategy formulation, pricing, production planning and financial analysis. The competition proved to be a very good way to mimic the market dynamics, where tough competitive strategies have a direct effect on the market and ultimately on the fate of a company and its profitability. The
Business Game proved to be a good learning experience as well as a tool for letting colleagues from various areas of our company get to know and learn from each other in an informal and fun way. A very good experience on the whole”

SNPower are now entered into the BGF semi-finals, where they will compete against other international division winners, upon success, they will be off to the BGF Finals from which the top three teams will be invited to Cannes, French Riviera for the
BGF Award Ceremony.

Members of the yPhone Team are Hilde Gillebo, Kathinka Rudlang, Inge Løvåsen, Markus Wilkens and Jan-Erik Felle.

BGF would like to congratulate SNPower on their achievements and we wish them well in the semi-finals, well done!


For further information regarding the
Global Energy Business Tournament or team registration:
Contact - James Baker-Duly
james.bakerduly(#)bgfactory.com, +46 735 10 9397

Thursday 26 June 2008

Vattenfall Poland was ambitious from the very start!


SPoT Team representing Vattenfall Distribution Poland will compete in September's BGF World Semi-Finals. On the photo: Przemek Karaś, Olek Knesz, Karolina Mucha-Kuś (team leader), Asia Burcon, Andrzej Szyp and Przemek Waszczyk.

The game gave us an opportunity to feel like Top-Managers for a while! During the Tournament, we got an overall picture of making business, and it also showed us clearly how different parts of the company interact.

We learnt to develop trust in each others’ opinions, listen and communicate in an effective way.

What made the game the most exciting was the competition aspect. It was an extra source of motivation and it influenced our performance in a dynamic environment.

All in all, we experienced the BGF training as both exciting and rewarding. We also had a lot of fun!

Katarzyna Markowicz, HR, Vattenfall Distribution & Sales, Poland

Tuesday 24 June 2008

John Holland ready to take on the world!

Our team from John Holland (Australia's leading contracting, engineering and services provider) came from a diverse set of backgrounds. This diversity in skills and management style added to colourful, but fruitful, discussions on our BGF strategies. We found the development of our sales and marketing strategies behind a consumer product challenging at first due to our contracting backgrounds, but it didn't take us long to develop our style.


With the true spirit of the ANZACs, after trailing for the first two rounds, we didn't give up, but decided to stand behind our strategy and our consistency finally paid dividends in rounds 3 and 4.


John Holland, although predominantly operating only in Australia, is now ready to take on the world in the
BGF Semi-Finals!

John Holland team: Greg Taylor, Jeff Price, Glenn Palin, Paul Gallo and Robert Rabie.

Wednesday 18 June 2008

In Sandvik Systems Development we know how to run a business!


We're doing IT! Team Sandvik SSD/SIT is a recently established Company with focus on growth and profitability within the business. Strange, isn't it?

Sandvik SSD/SIT is a fusion of skilled workers and managers from different companies and that is one of our key factors, says Jerker Lantz, the president of Sandvik SSD/SIT. Another one is our aggressiveness, stamina and agility. Quick decisions and risk management is our guiding star, he continues. Jerker is the Chairman of the Board and beside him he is accompanied by Anders Öhlund and Daniel Eriksson.

“Sandvik SSD/SIT” was the name we gave to our company in the BGF Business Tournament, where we were faced with a challenge of running a global company with thousands of employees.

In reality, we all work for Sandvik; Jerker is working as a release manager and project leader for Sandvik Systems Development. Sandvik Systems Development is one of two data companies within Sandvik AB with main focus on developing data services for the Sandvik business. Daniel Eriksson is working as license manager for Sandvik Information Technology. His role is taking care of all different kind of licenses and to coordinate all activities around licensing within Sandvik. Sandvik Information Technology has the responsibility for all data production within Sandvik. Anders Öhlund is responsible for data integration within Sandvik. He is also working for Sandvik Information Technology, where he runs a team with responsibility for all integration services within Sandvik AB.

IT is Business and Business is IT. Sandvik SSD/SIT are running IT and therefore, of course, we can run the business...

Wednesday 11 June 2008

Nokia proceeds to BGF semifinals!

”The simulation produced a strong team building effect, which is not so common in traditional training events. The competition is definitely a positive aspect and drives people to think through all the new learning and strives them to understand the decisions they are making. I believe that the learning value can be easier applied this way in the future. Our team will be able to perform better in areas such as pricing of products, solutions and services and understanding product / brand value on demand creation.

The simulation and the competition were well organized and we are eagerly looking forward to the BGF Semifinals.”

Hannu Eronen
Director, Services and Software
Nokia

Metsä-Botnia enters to BGF Semifinals!


Los Molineros: Kim Lindström, Timo Malmi and Soili Numme.


Our team name LMFB comes from the Spanish words Los Molineros de Fray Bentos. We chose this name because Timo and Kim were helping in a pulp mill start-up in Fray Bentos, Uruguay. Molineros are men who build and fix wind mills that are used for pumping water for cattle. These pumps are crucial in the parts of the countryside that have no electricity, since there are over 12 million thirsty cows.

We were not able to meet as a team during the first two rounds, and after those rounds our team rank was 4. For the last two rounds we met and put much more effort into the decisions. We were mostly unanimous in our strategy and decisions; only some fixed expenses caused some disagreement. Timo wanted to spend more than Soili, but Soili understood better the impact of the growing market. A quickly growing business area does not necessarily need all that much marketing investments. We managed the risks by minimizing hazardous investments but also tried to seize the opportunity to generate profit for the company or difficulties for our competitors.

Molineros are ready to take the challenge in semi-finals with a relaxed Uruguayn attitude: Now or Mañana!!

Monday 21 April 2008

BGF Awards 2008, Cannes, French Riviera, 3-6th of April

The Top 3 teams of the world’s biggest business tournament were again rewarded in Cannes on the French Riviera. The venue was again very chic and prestige with plenty of success stories around the business tournament together with some good wine and delicious food.

“This year we had the great pleasure of having 9 nationalities present in the Awards, which is the new record. All teams presented their own cultures in an informal way during the Award ceremony with super enthusiasm and on top of the business talent we could also see some great “show star potential”. I would like to thank all the business game stars and our host and hostess Mr. Stefan and Sirpa Widomski”.

Below you can still see the final rank of the top 3 teams in the world:

1. Pöyry Consulting, Finland



2. Tecpterol, Argentina


3. SEB, Lithuania


Many thanks to all the participants for this year’s tournament!

Taavi Thiel
CEO

Friday 18 April 2008

Losing is not an option - UPM Kymmene



OptiComm team from left to right: Denis Voyat, Juha Ukkola, Niels Schepers, Kevin Smith.

OptiComm team from UPM Raflatac set off to the business game with the above motto and came out as the winner of its division. The team is now preparing for the semi-finals that will take place in September. The members of the winning team come from different functions and countries in Europe. They posses s a range of business experience in marketing, business development, management accounting, supply chain and process development.

"We are all used to working in international teams, but have never worked together in this set-up before. Today's on-line group work facilities enabled us to work together seamlessly despite the distance. It also gave our team the flexibility to schedule our meetings around daily business agendas. I think we may even have proceeded more slowly had we had face-to-face meetings, as they typically include more argumentation," Juha Ukkola explains.

"We felt most excited during the entire game, which helped the team to weld well together. The game in our division was very tough and we had to increase the level of precision every round to stay ahead of the others. The game environment created a high level of motivation for learning in a most subtle way," Ukkola says.

"We do not make similar business decisions in our own work, but we quickly got the hang of making such decisions. It was learning by doing," Niels Schepers explains.

"I was able to use statistics to propose company direction that I don't really have exposure to in my daily life. Essentially the game forced me to have a helicopter view so to speak rather than focusing on the detail," Kevin Smith says.

"The element of competition added an extra dimension to the business simulation. After each round we found the game more exciting...especially when the intermediate results proved we were on the right track. We achieved the victory through a good team work and our learning," says Denis Voyat.

"The tournament is an innovative learning solution introduced by UPM as part of the Learning to Lead framework. It's a great opportunity for the team to learn about business dynamics, and practise decision making in a safe environment, " explains Paul Norrington, HRD manager at UPM Raflatac, who advised the team to participate the business game as a training for a large commercial project they were to deliver.


SKF Austria proceeded to BGF Semi-Finals!


Finishing in first place, ahead of our eight competitors, it is the first time SKF Austria reaches the semifinals of the Business Game Factory! Our team consists of persons out of different departments (Sales, Controlling, Human resources, Quality and Supply chain), the different experiences supported our decision-making-process. After a period of 10 exciting weeks, where the game illustrated us the economy processes in a realistic way, we learned how top management has to balance the different requirements from customers, employees and shareholders. The game is an excellent team building exercise and we are looking forward to the September semifinals.



Tuesday 19 February 2008

BGF Business Game 2008 - Autumn semifinalists


On the picture from left to right Laurent Müller, Vesa Vilkas, Jani Virtanen, Erik Tigerstedt from GE Healthcare Finland.

September, October and November business games are finished and we are proud to announce the new semifinalists that have qualified their way to the BGF Global Semifinals 2008, taking place in September. Congratulations to the semifinalists and also to all the teams who were participating in the BGF Business Tournament.


- LLC Stora Enso Packaging (Russia)
- GE Healthcare (Finland)
- NOKIA CMO (Russia)
- Metsäliitto Osuuskunta, Puutuoteteollisuus (Finland)
- Perstorp AB (Sweden)
- Kaupthing (Finland)
- SEB (Finland)
- Skanska Project Support (Sweden)
- Svenska Handelsbanken Centrala Ekonomiavdelning (Sweden)
- Schenker Sp. z o.o. (Poland)
- Forsmark Kraftgrupp Ab (Sweden)
- SMP CZ (Czech Republic)
- KPMG (Sweden)
- Accenture (Spain)

BGF is the world leader in web based business tournaments and organizes the biggest and most exciting business tournament in the world where leading international companies are fiercely competing for market shares and profits while developing managers and key people to lead their business in a profitable and more effective way. Just like pilots in flight simulators, only in business. Why should pilots have all the fun!

Wednesday 13 February 2008

Northeastern University, Boston, Chooses BGF (Business Game Factory) for Team Competition Integrating Business Disciplines

Boston, Feb. 12, 2008 – Northeastern University has long been regarded as one of the nation’s top business schools for cooperative education, graduating students with an in-depth understanding of the linkage between their learning and the real world. Now the business school at Northeastern has taken the commitment one step further, by requiring undergraduates to compete in a business simulation designed by BGF, a BTS company and the world leader in web based business simulation tournaments. The program, included in the college’s “Strategy in Action” course, requires students to work collaboratively in teams while integrating several disciplines learned during their studies. Coming at the end of their degree program, the experience powerfully demonstrates, to business undergraduates of all concentrations, the cross-functional linkages inherent in business enterprises.

Hiring trends at Fortune 1000 companies have shifted away from “content knowledge” to “systems knowledge” and an understanding of businesses decision-making across functions. Typical business education is taught in “silos” such as Accounting, Marketing and Management courses. Northeastern is on the forefront of modern business education emphasizing the interdependencies across functions within dynamic business environments. The BGF simulation tournament, in tandem with faculty lectures and support, helps counter “silo” curriculums in businesses education and expand overall business knowledge from an interdisciplinary perspective.

Northeastern runs the BGF simulation in the last three weeks of the semester. “We wanted a challenging capstone experience for a capstone course,” said Bert Spector, professor of International Business and Strategy, Northeastern University. The course included 200 participants in Fall 2007 and will have 250 in Spring 2008. The simulation itself involved teams of 5 students working together to run a business against other student teams. At the end of each ”round” of simulation, teams submit their decisions on dozens of financial and resource inputs online; simulation results are sent to the students within 24 hours.

“In the past, we’ve done simulations because it requires the students to integrate their knowledge across disciplines and also shows the impact executives have on other functional areas in a way that typical course work can’t.” said Spector. “BGF delivers business simulations for the most successful international companies, so we’re giving our students a rigorous experience.”

Northeastern selected BGF early this year because they were impressed with the simulations done for BGF’ private sector clients. In addition, they wanted a company that would provide high customer service during the process.

“We felt like we were getting a team by choosing BGF, not just a program,” said Spector. “The fact that the simulation was used in industry and not just in schools was critical to our decision.”

“Together with BTS USA we were able to create a win-win solution for Northeastern that will be a break through application also for other leading universities internationally and strengthen our position significantly in the university simulation tournaments,” says Taavi Thiel, CEO and founder of BGF.

Taavi Thiel
CEO
Business Game Factory Ltd.
taavi.thiel@bgfactory.com

Wednesday 30 January 2008

Kaupthing Champion in Business Management!


(From left to right, a very satisfied managing director of Kaupthing Sweden, Mr. Robert Charpentier and the winning KBS team: Stefan Westergren, Christoffer Wildeke and Catrin Jansson)

In November 2007, Kaupthing Bank sealed its very first BGF In-House business game tournament. Teams from Denmark, Finland, Norway and Sweden competed about the glamorous victory of being the first Kaupthing team to ever win a BGF Game, and it was team KBS from Sweden who ultimately created most value with its virtual company.


The tournament was very exciting, and for long – team FIH from Denmark seemed to outperform its peers by e.g. having great utilization rates. However, the overall strategy proved wrong, and instead, in the very last round, team KBS managed to snatch the first place just before the runner-up team Finland.


Lots of "aha:s", and lots of fun, characterized KBS's evening work throughout the virtual fiscal years. And even though the competitors seemed to outperform the KBS company, the winning team was convinced that the tactics chosen were the right ones in the long run. Having advanced to the Semi-finals, the team, consisting of employees from the bank's research department, credit department and banking department, is proud of the members' stubbornness and confidence. Team leader Christoffer Wildeke says: "We did our homework well and were well prepared for possible market changes already after the first round. Additional understandings about the value drivers as the tournament proceeded made us just more confident about our initially chosen strategy. But it was meanwhile very exciting - and educational - from day one to the final closing of the books"

Petteri Salokangas
petteri.salokangas(#)bgfactory.com

Wednesday 23 January 2008

BGF Business Tournament - Stora Enso Division



After finishing first in the September 2007 Stora Enso Division, “BBTeam” from Stora Enso Packaging Russia are now through to the BGF semifinals for next year, after tough competition from their colleagues. The “BBTeam” lead by Tamara Tsurukina just made the first place before runners up “Arteam”, also from Stora Enso Packaging Russia. Team “Picea” from Stora Enso Finland finished at 3d place, Stora Enso Packaging “Oguretz” team ended up 4th, Stora Enso “Forest” team grabbed the 5th place and Stora Enso “Telegen” team came at 6th place.

The semifinal is run in September 2008 where the “BBTeam” will face the division winners from all around the world to compete for a place in the finals. The top 3 teams in the final will be invited to
BGF Awards in Cannes, at the French Riviera for the prize ceremony.

Team leader Tamara Tsurukina had this to say about their tournament experience:“We were happy that we had an opportunity to take part in this game. It was very interesting to imagine ourselves as top managers of the big international company and to understand which responsibility stands in front of them and which decisions they shall make. It was beautiful training for the company management skills development and for the understanding of the real economic processes which the model of the game simulates very realistic. Furthermore we were catch by the competitive spirit and gambling that keep in exertion from the beginning to the end of the game. It was difficult to suppose that columns of boring figures can arouse so many emotions! And of course, after the victory on this game our pleasure was increased in many times. Thanks a lot to the coaches and to our rivals.”

About the C
hampionship in Business Management

The task is to gather a team of 3-5 players, the team will then have the opportunity to run a simulated multinational company in competition with other teams for market shares, profits and revenue. Besides the fun and motivational competition, the purpose of the tournament is for individuals to further develop their skills in business strategies, management board dynamics, financial analysis and team work.


Patrik Thorman,


Business Game Factory Ltd.
mobile +46 70 783 73 89
phone +46 (0)8 20 39 35
patrik.thorman@bgfactory.com

SEB Finland, 2007 winner of SEB Championships!



After defeating the other participating SEB teams, Team HKI of SEB Finland won the annual 2007 SEB Championships in Business Management, hosted by Business Game Factory. In second place was SEB Norway, third, SEB Lithuania and fourth SEB Germany. The Finns have now secured a place in the BGF semi-finals that will take place during the course of 2008. Here the team will face international division winners from 2007. If they successfully win the semi-final division, they will proceed to our World Finals, where the top three winning teams will be selected to go to Cannes, French Riviera for our BGF award ceremony. The winners from last years SEB Championship, SEB Lithuania, went all the way to the BGF World Finals and finished 3rd. For that, they will be awarded in the BGF Award Ceremony in Cannes that takes place in the beginning of April 2008. Will the Finnish team follow in their footsteps to the French Riviera this year? Remains to be seen, may the best team win!.

Team HKI´s team member Tomi Tuominen said, "BGF Championship brought people from different functions and backgrounds to work together on a joint mission - with full enthusiasm. Although decisions in the game did not have real-life consequences, the gaming experience, teamwork, tactics, analysis and the thrill were all very real. We wish to thank BGF for creating an intriguing and realistic simulation that gave players the opportunity to put in their full focus and enjoy the game. For us, the game proved that people, who do not work together or know each other previously, can form a unified team and concentrate on the task at hand - no matter if it is a multibillion company. Participants perfected their skills in teamwork, focus, analysis and understanding of complex decision structures - all vital to success anywhere, anytime."

About the SEB Championships in Business Management

The SEB Championships have been running for four successful consecutive years. The task is to gather a team of 3-5 players. The team will then have the opportunity to run a simulated multinational company in competition with their SEB colleagues for market shares, profits and revenue. Besides the fun and motivational SEB competition, the purpose of the Championships are for individuals to further develop skills in business strategies, management board dynamics, financial analysis and team work. The SEB Championships take place every September.


James Baker-Duly,

Business Game Factory
+46735109397
James.bakerduly(#)bgfactory.com

Skanska Project Support, Winner of September's Construction Tournament

After finishing first in this autumn’s BGF Construction Tournament, Skanska Project Support Sweden are now through to the semifinals for next year. The semifinal is run in September 2008 where the Skanska team will face the division winners from all around the world to compete for a place in the finals. The top 3 teams in the final will be invited to BGF Awards in Cannes, at the French Riviera for the prize ceremony.

Team leader for Skanska Project Support, Lars Karlson, CFO, had the following to say about their experience of the tournament. "We greatly enjoyed participating in this game. It was challenging to analyze matters and issues none of us normally do in our daily work. It was also exiting to grasp an overall view, to make decisions based on our findings, and see how the results came out. A great benefit with this exercise is to gather people from different professions and to combine their knowledge and experience. For us it worked out well. We had fun and learned a lot which will be useful both in present and future assignments. We definitely recommend the
BGF Business Game Tournament to other units in Skanska"

About the Construction Tournament in Business Management

The Construction tournament has been running for many years now with great success. The task is to gather a team of 3-5 players, the team will then have the opportunity to run a simulated multinational company in competition with other teams from the construction industry for market shares, profits and revenue. Besides the fun and motivational competition, the purpose of the tournament is for individuals to further develop skills in business strategies, management board dynamics, financial analysis and team work.

Patrik Thorman,
Business Game Factory Ltd.
mobile +46 70 783 73 89
phone +46 (0)8 20 39 35
patrik.thorman(#)bgfactory.com

Friday 18 January 2008

VIPnet qualifies to the BGF World Semi-Final, again!


Sitting from left to right: Jadranka Ranogajec, Iva Vodopija (team leader), Ratko Marolin, Silvana Madunić and in front: Aleksandra Gostimir


For a second year in a row, VIPnet enrolled two outperforming teams (Aragorn and Nika) to the BGF Global Business Tournament organised by Business Game Factory Ltd. They formed management teams of given virtual global companies and played against seven other teams representing different real-life firms. The goal was to make strategic decisions to create the highest shareholder value. Aragorn stormed to the winning position of the division and Nika followed in excellent second place. Consequently, Aragorn proceeds to the World Semi-Final, which will be held in September 2008. It is worthwhile mentioning that VIPnet was also represented in the Semi-Final of 2007.


Experience – We had a chance to see all the aspects of the market, and we realised how important the group work is - you listen to the others, give your ideas, analyse results, sometimes bringing wrong ideas but overall it gives a good global picture of business. Most of all it was very dynamic and interesting, and in the end victorious.


Benefits – First of all, building the team spirit. Every one of us gave their best; someone was good at analysis, others in forecasting, someone would see the key detail and others the big picture. Second thing we got to practice was strategic thinking and finding out the key inputs for our „action plan“. And thirdly, perhaps the most interesting for Aragorn team, we had the opportunity to make decisions from top management perspective. As we mostly handle operative tasks in our work place, this was something new and very interesting.


Next steps – The competition goes on next fall. Our team will participate in semi-finals and hope for the best. Until then life and business goes on. Some of the skills we practiced or maybe just discovered in ourselves, we will continue to use and benefit from.