NOKIA TEAM: What Is Needed for Success in the BGF Business Tournament - the Story of Team Turing&Co

Success Factors for BGF Business Tournament:

- Motivation - Constant motivation is a must-have and the main key to success. In this case, while crunching numbers week after week it helped greatly to remember that we are on the road to Cannes.

- Crossfunctionality - The game demonstrates well the importance of not to sub-optimize but to think holistically, whereas the human nature tends to lure one to overemphasize the importance of his/her own functional area. Hence, a crossfunctional - or crossfunctionally minded - team is an asset.

- Time & Energy - For sure the game required significant amount of both, but at the same time it was even surprisingly enlightening, rewarding and fun. Especially understanding the starting position and the game overall in the beginning was crucial. The last rounds were already rather routine for us.

- Strategy, Analytics & Intuition - Managing a large multinational company is challenging and we kept wondering "What would Olli-Pekka (Nokia CEO) do". Having a clear direction (strategy), understanding the situation (hard core analytics) and coping with uncertainty (intuition) proved to be a winning recipe.

- Physical Fitness - Like in any professional sport, we believe that also in this game excellent physical fitness takes you far. Hence we combined finetuning our analytical skills with running and gym. We plan to continue our training program and to be very fit for the semi-finals and finals - and for the beach in Cannes!

Johanna Lampinen (Development Manager, DSN Design at NOKIA),

Maija Kaukonen (Manager, Lifecycle Management - Analysis at NOKIA),

& Pekka Kokko (Manager, Marketing Investment Management at NOKIA)

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.

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!

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.

BGF Business Tournament - New semifinalists from the January tournament

(On the picture from left to right Markus Alitalo, Akira Kameda, Tomi Kuparinen, Akira Nakano and Takeshi Oyama from Nokia Japan)

- Atlas Copco Spain, Team OLÉ
- Skanska Foundation Projects Sweden, Team Grund AB
- Pöyry Forest Industry Consulting Oy Finland, Team RockRock
- Fortum Power and Heat Oy Finland, Team Chaleur
- OJSC VimpelCom Russia, Team Advanced
- Nokia Corp Japan, Team 5samurai

BGF Business Tournament is the biggest web based business tournament in the world. The tournament structure includes preliminary heats, semifinals and the BGF World Final. The three best teams of the year will be invited to the BGF Awards, organized in Cannes, on the French Riviera.

BGF Business Tournament builds strategic excellence, management board dynamics, ability for financial analysis and fact based decision making and precise follow up.

(On the picture from left to right Carlos Moreno, Eva Hernández, Emilio Diez, Marina Romero and Roberto Pascual from Atlas Copco Spain)

The participants will be acting as the management board of a global company with the task of running the business successfully for 5 fiscal years. The winning criterion is total company shareholder value.

96% of all participants would like to play again and recommend participation to other colleagues

(On the picture from left to right Matti Savolainen, Oskari Lehto, Petteri Kuusela, Sakari Imeläinen and Fred Nykänen from Fortum Power and Heat Oy)

(On the picture from left to right Kimo Mikkonen, Petri Jokinen, Tuomas Salo, Juha-Erkki Nieminen from Pöyry.

Suvi Anttila, CEO and President of Pöyry Forest Industry Consulting Ltd. said: "We found the BGF Business Tournament very enjoyable and useful. It is great for team building and improves internal networking while at the same time challenging strategic thinking and analytical skills. We feel that the game nicely combines a big picture approach with sufficient room to maneuver and implement oneʹs strategies and tactics. The program is also very well organized and due to the conceptʹs flexibility, teams with tight schedules can also find the time to participate."

On the picture Mats Tidlund and Anneth Aglo from Skanska Foundation Projects. Missing are Joakim Berg, Frida Lindmark and Christelle Södergren. Mats Tidlund said: "The participation in the BGF Business Game has been an encouraging and enjoyable experience for everyone in our team. On a fundamental level, it has increased our ability to see the overall picture of business and how different business functions and the interrelations of these influence the performance of a company in a dynamic environment. The most important benefits for us were the development of our analytical and strategic skills and the improvement of the group decision-making process by taking advantage of the different knowledge and experience in the group. The competition atmosphere gave an exciting touch to the game and we will gladly recommend the BGF Business Game to other business units in Skanska."

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