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.

Perstorp In-House, successfully arranged by BGF

Five Perstorp teams from all around the globe, participated in the BGF In-House Tournament. The objective with the tournament was to give young potentials; the majority of them engineers, the opportunity to learn about the business aspect of a company and why certain decisions are made at top level management. Included in the tournament, the teams gained an insight into financial planning, business strategies and teambuilding.

Team leader Kim Lindborg of the winning team “Oxo” said, “I think that the Business Game is not only a great opportunity to freshen up those financial skills, but a joyful learning experience all along. There is the team dynamics aspect, the management of time and resources, the communication challenges and also a great way to get to know new co-workers. To me, some learning experiences have had more impact than others. I think it is important that each individual takes responsibility for their own learning from the Business Game. Sometimes the learning opportunities come up where you least expect them – it’s about learning what to do but also what not to do in the situations that we face. Thank you to all that have been involved in this. Now, me and my team are looking forward to facing the challenges from other companies in the next round.”

BGF will like to congratulate all the teams for their input into the tournament and wish team “Oxo” all the best of business gaming in the semi-finals!

For further enquiries about the tournament contact:
James Baker-Duly, BGF, james.bakerduly@bgfactory.com
Maria Hägglund, Perstorp

BGF Business Tournament 2007

After knowing the champion and the results of last year tournament. The BGF business game tournament is starting again.

We are running our business simulation together with most of the world leading companies (in the link you can see some of our references). These teams have been part of the world’s largest web based business game tournament, with more than 500 teams participating from 65 countries. Business Game Factory Ltd. focuses on providing premium-quality business game training in the spirit of the company motto “Get the big picture!”

The idea in brief is to gather up team/teams (3-5 persons) from your organization's key people to participate in the event. The focus with this tournament is to develop your organizations overall business skills, team work skills, team spirit, decision-making skills as well as profit orientation. The team itself will be motivated by the fierce competition.

The task is to run a company on a world market in competition with other teams. The typical team is 3-5 Managers or future Managers who need training in understanding the big picture, how everything in a company is financially connected and eventually leads to the profit and loss statement. The team will also see how effective processes affect quality and profitability. It is also great teamwork training!

Learning objective

The objective is to improve participants’ business understanding and related skills

Skill improvement areas

- Big picture: “See how different aspects of business relate to each other!”
- Strategy: “Understand your business and position yourself effectively!”
- Analysis: “Know the numbers and analyze the market and competitors!”
- Decision-making: “Make decisions that move you towards the right direction!”
- Teamwork: “Get the full benefit of the different points of view in your team!”
- Processes: “Improve your processes for increased profitability!”

Starting options:

- 9th of January
- 7th of March
- 3rd of April

Interested?

Please contact me and I would be more than happy to give you more information.

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