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

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.

Merry Xmas and a great year 2008!

From Santa´s land and on behalf of the BGF team thank you for your support and co-operation. We wish you Merry Christmas and Successful Year 2008!

Business Game Factory Ltd.

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/

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 Finals 2007

The BGF Semifinals were arranged successfully and we are proud to announce the 6 best teams of the BGF Business Tournament 2007! The six division winners of the business game will be participating in the BGF Finals that will take place on 28th of November 2007. The finalists represent six different countries. Here are the best performing teams:

- Ericsson (Croatia)
- Tecpetrol (Argentina)
- Pöyry Forest Industry Consulting (Finland)
- SEB (Lithuania)
- Rolls Royce (UK)
- Mix team (Czech Republic) - CSOB, Burinka, Prumstav and Kite*

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

The three best teams in the World will be invited to the BGF Awards in Cannes, on the French Riviera.

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!

Good luck in the in the BGF World Finals!

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

Taavi Thiel

Business Game Factory

taavi.thiel@bgfactory.com

Business game successfully arranged for KPMG Sweden

The KPMG In-House business game tournament was successfully arranged by Business Game Factory. Four teams from KPMG Sweden competed against each other in a business simulation over four days. In the business game each team assumed a management role of a global company.

After a fierce competition for profits and market shares, “The Diamond Dogs” beat the competition and secured a place in the BGF Semifinals that will be celebrated in September 2008.

Charlotte Gustavsson, the diamond dogs’ team leader said: “It was a positive experience and we got to know each other better while working on the case. The questions related to operating the company is to a certain extent linked to our own way of working so it was fun discussing these matters with colleagues in a more relaxed manner. It was also interesting to watch how competitive it got between the teams - it was great fun!”

Top row from left to right - Jonas Elofsson, Katarina Bergström, Thomas Rynell
Front row from left to right - Charlotte Gustavsson, Anna Boberg

James Baker-Duly

james.bakerduly@bgfactory.com

Business Game Factory Ltd.

SEB Lithuania to the BGF World Finals!

SEB Vilniaus Bankas Lithuania has secured a place in the BGF Business Game World Finals, hosted by Business Game Factory. After defeating their SEB colleagues at the SEB Championships in Business Management held every year in September, the Lithuanians advanced to the BGF Semi-finals where they won all the competitors. The SEB team will now enter the BGF World Finals competing against the other semi-final division winners. If the SEB team succeeds a world top 3 position, they will be heading off to the BGF Award ceremony held in Cannes, French Riviera!

Team leader Virginijus Doveika, Head of International companies said, “This game is a great teambuilding opportunity as well as a chance to practice your managerial decisions in a competitive environment. In terms of competition; the bigger number of competitors you have (in one division), the more fun you get. The diverse background of competitors is the key thing to a great competitive environment, that's why it gets more and more tougher, as well as more and more fun, with every stage. Although in its infancy and less regular; I find business simulations way more practical than other training methods. I recommend the BGF Tournament, as we have another team from SEB Vilniaus Bankas starting this year. Now we are waiting for the finals, to get the most out of the game “


Business Game Factory wishes; Virginijus Doveika, Vilius Juzikis, Vytautas Ašaka, Julius Duksta and Vita Markeviciute all the best at the BGF World Finals in November, you can do it!


For further information contact:

James Baker-Duly, +46 735 109397
james.bakerduly@bgfactory.com
www.bgfactory.com