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

Business Game Factory Ltd.

petteri.salokangas(#)bgfactory.com

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 In-House Tournament for Syngenta

Five teams of Syngenta coming from different countries (Brasil, Singapore and Swizterland) were participating successfully in the BGF In-house Business Tournament.

Andreas Steinle, member of the winning team in the business game said: "What an exciting time! For 4 weeks our daily work life has been additionally animated by a challenging and thrilling business game. Analysing the market, seeking opportunities and making your own decisions - in short: running our own business was worthwhile doing a few extra hours. The game illustrated in a very entertaining way, the complexity of a company and how difficult decision making can be. But there is not only the learning effect, which makes this game a special event. Competing against 4 other teams of the same company, the game became very quickly one of our main topics during coffee and lunch breaks and therefore also delivered a nice social component.

The final result of the first round tournament was very close. Luckily we managed to finish first, and, as we had to defend the leading position right from the beginning, it turned out to be quite a tough race. How we did that, we are not going to tell yet, of course. There is still a Semi-Final to play and we are very much looking forward having another go."

Team CellStar from Syngenta Switzerland: Simon Grundy, Kriszta Olah, Franziska Badertscher, Rodica Evtuhovici, Andreas Steinle.

For more information:

Petteri Salokangas

Business Game Factory Ltd

petteri.salokangas(#)bgfactory.com

KPMG Sweden will be participating in an In-House Business Training Tournament for September 2007

Four teams from KPMG Sweden will compete against each other in a Business Simulation over four days. The goal with this In-House Tournament will be for the participating individuals to improve on business acumen or “Get the Big Picture of Business” resulting in an improved understanding of their customers. Another base ingredient is that the participants will use this training as a team-building exercise whereby team members can exchange business ideas, thoughts and daily work procedures as a unit.

Let the Games Begin!

James Baker-Duly

Business Game Factory

james.bakerduly(#)bgfactory.com