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ENGINUITY 2017 - virtmansim.co.uk

Virtual Management Simulations THE BUSINESS MANAGEMENT COMPETITION FOR THE CONSTRUCTION INDUSTRY OVERVIEW: 2-3 THE STORY SO FAR: 4-5 WHY TAKE PART: 6 COMPETITION SCHEDULE: 7 KEY INFORMATION: 8 ENGINUITY 2017 Managing The Global Construction Business ASSESSING PERFORMANCE A league table is used to measure the relative performance of each team, using a number of Key Performance Indicators. The league table is published on the website at the end of each round, but only shows the total of each team s KPIs. THE CHALLENGE The ENGINUITY 2017 Competition provides management and leadership training that is relevant and appropriate for construction professionals worldwide. Participants are given the opportunity to experience the challenges that face their corporate management, and pits them against their colleagues and peers in a unique business management challenge. Using a sophisticated computer simulation, competing teams are given the task of managing a fledgling UK-based global construction business from 2017 onwards.

©virtual management simulations the business management competition for the construction industry overview: 2-3 the story so far: 4-5 why take part: 6 competition schedule: 7 key information: 8 enginuity 2017

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Transcription of ENGINUITY 2017 - virtmansim.co.uk

1 Virtual Management Simulations THE BUSINESS MANAGEMENT COMPETITION FOR THE CONSTRUCTION INDUSTRY OVERVIEW: 2-3 THE STORY SO FAR: 4-5 WHY TAKE PART: 6 COMPETITION SCHEDULE: 7 KEY INFORMATION: 8 ENGINUITY 2017 Managing The Global Construction Business ASSESSING PERFORMANCE A league table is used to measure the relative performance of each team, using a number of Key Performance Indicators. The league table is published on the website at the end of each round, but only shows the total of each team s KPIs. THE CHALLENGE The ENGINUITY 2017 Competition provides management and leadership training that is relevant and appropriate for construction professionals worldwide. Participants are given the opportunity to experience the challenges that face their corporate management, and pits them against their colleagues and peers in a unique business management challenge. Using a sophisticated computer simulation, competing teams are given the task of managing a fledgling UK-based global construction business from 2017 onwards.

2 OVERVIEW 2 STRATEGY AND DECISION MAKING To grow the business the new management team will need to devise an effective business strategy, and implement it by making decisions in a number of key areas, including finance, marketing, overheads, procurement and job progression. Decisions are made for a period, representing 3 months, or a quarter, in the real world. 3 THE GLOBAL ECONOMY The simulated global economy is based upon predictions for the real world . JOBS There are jobs worldwide in 5 sectors :- Industrial Building and Commercial Transport Energy Water and Sewage with clients, people and rival competitors globally. WORLD EVENTS There are Economic, Political and Environmental world events that can impact upon the business, such as :- Reports from the IMF, CBI and other organisations Currency fluctuations between countries Shortages of skilled labour in different countries Brexit and the US election Civil unrest in the Middle East Russia-Ukraine gas dispute Climate variations around the world WORLD NEWS Information is critical for re-evaluating business strategy, and to reflect this world news, based upon current and future world events, is available from ENN, the ENGINUITY NEWS NETWORK.

3 4 THE STORY SO FAR 2016: OPM reign supreme The record international field of 229 teams included entrants from the UK, Europe, Middle East, Asia Pacific and the Americas, emphasising the wide ranging and global appeal of the ENGINUITY competition. After the 8 weekly Preliminary Rounds, which took place between March and April, 12 teams qualified for the Final, with the largest sponsor WSP | Parsons Brinckerhoff well represented, along with teams from AECOM, Atkins, Beca, Cundall, Jacobs and Tony Gee and Partners. The finalists were spread globally, with 6 teams from the UK, 3 from the United States, and 1 each from the United Arab Emirates, India and New Zealand. With less than 100 points between the finalists, another highly competitive final was in store. The final, played over a further 6 rounds, saw lots of ups and downs, but ultimately it was OPM from WSP | Parsons Brinckerhoff who deservedly emerged victorious as the ENGINUITY 2016 Champions, but only just with the winning margin being only 24 points.

4 The members of the winning team, Bogdan Kosanovic, Svetlana Krstic, Milos Mitrovic, Jelena Jovanovic, Branislav Jelkic, each received a cash prize and personally engraved crystal award. 5 Steve Tresise Simon Foakes Rhyadd Watkins Neal Murphy Michael Jakacki Sam Cherrett 2010 Fluor 1 Fluor Holland 2011 Will it Wobble Campbell Reith Consulting Engineers UK Jian Yu Roshni Wijesekera Aby John 2015 Newbee AECOM UK 2014 Aspire Bridges Parsons Brinckerhoff UK 2013 Pbers Parsons Brinckerhoff UK 2012 Macaronage Independent UK Emmett Lang Valle Ana Franco Domingo Robbert Henrichs Oscar Schot Sander Harink Nicolas Aubin Hossam Mustafa Ben O Connor Ren Fu Nicolas Geroudes Chris Scholes Kevin Ng Ying Yang Ijma Pradhan Jason Lim Chris Gregory, Matthew Lupton Michail Gordijenko Christopher Chung 4 WHY TAKE PART 5 STAGE 1: THE PRELIMINARY STAGE This takes place over 8 weekly rounds during March and April. During the Preliminary Stage, also known as the Early Years, each team competes for work against a number of 'fictional' rival companies.

5 Each one has their own unique profile and bidding history, and a careful assessment of the opposition is required to formulate an effective procurement strategy. STAGE 2: THE FINAL The leading 12 teams at the end of the Preliminary Stage will be invited to compete in the final, played over a further 6 rounds during May to determine the 2017 Champions. During the final the teams compete against each other for not only work, but also the services of project managers. This creates an even more uncertain and pressurized environment in which the skills and team dynamics formed in the early years are really put to the test. COMPETITION SCHEDULE 8 For further information please contact :- Website: Email to Mike Fletcher: By phone: +44 (0)1332 694351 KEY INFORMATION KEY DATES AND EVENTS IN 2017 January 9th: ENGINUITY 2017 software released Trialling begins for all registered teams February 28th: Registration closes March/April: Preliminary Stage (8 weekly rounds) Top 12 teams qualify for the Final May: Final (6 further rounds over 2 weeks) COST Only 300 (GBP) per team.

6 A maximum of 6 people in each team. PRIZES AND AWARDS Winning Team Cash prize of 1,000 and personally engraved crystal awards Runners Up: A cash prize of 500, and personally crystal engraved Awards All finalists A laminated personalised certificate of achievement All competitors: A CPD training certificate TARGET AUDIENCE Construction professionals from any location, UK or Worldwide No age limit, but particularly relevant to people in the early stages of their careers Diverse jobs roles (all engineering disciplines, quantity surveying, project/commercial management etc) All sectors (civil, building, structural, highways & transportation, water & environmental etc)


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