Showing posts with label simulations. Show all posts
Showing posts with label simulations. Show all posts

Wednesday, 23 January 2008

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

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.

Tuesday, 18 December 2007

BGF Business Tournament - Results 2007


We would like to take the opportunity to thank all BGF Tournament fans for a great year. It has been a pleasure to work with you all. We are especially grateful for all the wonderful feedback you have given us through out the whole year. This will keep us going strong also in the years ahead.

We are pleased to announce the BGF Tournament Ranking 2008:

1. - Pöyry Group (Finland)
2.- Tecpetrol (Argentina)
3.- SEB (Lithuania)
4.- Ericsson (Croatia)
5.- Mix team (Czech Republic) - CSOB, Burinka, Prumstav and Kite*
6.- Rolls-Royce (UK)

* The mix team has participants from four different companies: CSOB, Burinka, Prumstav and Kite

We would also like to invite the top 3 teams from the 2007 tournaments to Cannes to the BGF Awards, next spring.

1. Pöyry Group -Finland


2. Tecpetrol -Argentina


3. SEB Group – Lithuania



Merry Xmas, many thanks and congrats!

The
BGF Cannes crew!

Business Game Factory
http://www.bgfactory.com/

Wednesday, 29 August 2007

BGF Business Tournament - The Semifinalists from the April and May round




April and May tournaments are finished and we are proud to announce 11 new semifinalists that have qualified their way to the BGF Global Semifinals, taking place in September. Congratulations to the semifinalists and also to all the teams who were participating in the BGF Business Game Tournament.


- ABB (China) - Team Hot Pot. Members :Lisa Zeng, Simon Zhu, Susie Yang, June Zhang and Charles Wang.

- CAPSA (Spain) - Team Vía Lactea. Members: Griselda Arias, Celia González, Charo Suárez, Abelardo González and Alfredo Ron.

- Ingeniería de Software Avanzado (Spain) - Team Hal. Members: Maria Cavestany, Luis Albea, Gloria Rodríguez, Israel Rubio and David Pradies.

- Swerock (Sweden), Team Pemalani. Members: Per Swensson, Martin Lindström, Lars-Olof Persson and Nicklas Stenqvist.

- Syngenta (Switzerland). Members Simon Grundy, Kriszta Olah, Franziska Badertscher, Rodica Evtuhovici and Andreas Steinle.

- Sandvik (Finland and South Africa) - Team Serv4U. Members: Timo Sokkeili, Hennie Potgieter, Danie Burger and James Ooshuizen.

- Stora Enso Publication Paper (Germany) - Team Hedwig. Members: Simone Fiedler, Sabine Dunne, Franziska Schütt and Andreas Irmscher.

- Red.es (Spain) - Team Ñoquia. Members: Elena González, Ines Hernándo, Alberto de Vicente, Noemí Lera and Raúl Ballesta.

- Puumerkki (Finland) - Team Puumerkki. Members: Ilari Varhimo, Petrus Berg, Jari Lehto and Niklas Sundström.

- Nokia (Finland): Team Prodigy. Members: Tuomo Puha, Mikko Rieger, Catalin Gheorgiu, Mikko Nurmi and Tommi Vilkamo.

- Anima Praha (Czech Republic): Team Mix. Members: Vojtech Janouksek, Jiri Plisek, Pham Huu Uyen and Martin Kupka.

Taavi Thiel
taavi.thiel@bgfactory.com
http://www.bgfactory.com/

Thursday, 14 December 2006

BGF Business Tournament - Results 2006

(On the picture the World Champion team "NetAReal" from Nokia: from upper left-hand corner Pekka Säynätjoki, Anna Ryden, Stefan Nymander and Istvan Kello)



RANKING:

1) Nokia (Finland), Team Leader Pekka Säynätjoki
2) Philips (Spain), Team Leader Juan Carlos Aguilera
3) StoraEnso (Finland), Team Leader Anu Silvennoinen
4) Ericsson (Germany), Team Leader Markus Feld
5) Vattenfall Europe (Germany), Team Leader Wolfgang Hechler
6) Sun Microsystems (Spain), Team Leader Cristina Aparicio

Novemver 28, 2006 -- Nokia Networks from Finland has won the BGF Tournament 2006 beating over 500 competing teams in the process. This is the third time that a team from Nokia has won the tournament with participants from sixty five countries.

The BGF World Final was fierce as usual, as the teams ending up as finalists tend to be extremely talented , disciplined and competitive. The World Final was played via internet, just as the preliminary heats and the semifinals.

The second best team was from Philips Spain. The Philips team was playing smart leading the competition until the last round before the Nokia team took the lead and the victory. The third best team from StoraEnso Finland was showing steady performance during the whole final, securing their place in the BGF Awards, a luxurious reward trip for the top three teams in the tournament. The BGF Awards ceremony is held next March-April on the French Riviera.


(On the picture the second best team "Spainet" from Philips: from upper left hand corner Juan Carlos Aguilera, Fernando Boraou, José Ramón Córcoles, Ana Solano and Susana Sebrango )

BGF BUSINESS TOURNAMENT

- The biggest web based business tournament in the world.
- Tournament structure: winners of the Preliminary Heats proceed to the Semifinals, and the winners of the Semifinals further to the World Final.
- The program builds strategic excellence, management board dynamics, ability for financial analysis and fact based decision making and precise follow up.
- The business game is done in a team of 3 to 5 participants who all will be acting in a management board of a global company with the task of running the business successfully for 5 fiscal year.
- The winning criteria is total company shareholder value.
- Hundreds of companies and organizations participated in the preliminary heats in the 2006 tournament representing more than 65 countries.
- The preliminary heats are organized depending on customer circumstances and wishes, either as an open tournament or as an in-house tournament.
- The three best teams of the year will be invited to the BGF Awards, organized in Cannes, on the French Riviera.
- The tournaments are available in English, Spanish and Finnish



On the picture Stora Enso's winning team "Chu Ban Zhi" on their way to Cannes to the BGF Awards in the spring. In the picture from the left: Anu Silvennoinen, Harri Taipale, Sanna Sorsa and Krista Forsström. Toni Tahvanainen is not in the picture.

BUSINESS GAME FACTORY

- Founded in January 2003
- World leader in web based business tournaments
- Over 30000 participants from more than 65 countries
- Local representation in 10 countries
- Chairman of the board Mr. Henrik Ekelund (President and CEO of BTS Group), other members of the board Mr. Taavi Thiel (CEO of Business Game Factory) and Mr. Stefan Widomski (SVP Nokia international trade affairs until 2006, now retired)
- http://www.bgfactory.com/

More information regarding the tournament:


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