WHAT IS GLOBAL MANAGEMENT CHALLENGE (GMC)?
The Global Management Challenge (GMC) is the worldโs largest strategy and management simulation competition, founded in 1980 in Portugal by SDG - Simuladores e Modelos de Gestao. GMC holds CEL certification in Technology Programs for Advanced Education issued by the European Foundation for Management Development (EFMD).
GMC is designed to develop practical strategy and management competencies by engaging participants to operate virtual companies, where they make real-time strategic decisions in a simulated competitive market environment. The competition is organized across more than 30 countries and is used as an experiential learning platform for university students and corporate professionals.
In Ghana, GMC is organized by Trimonde. Through this partnership, Trimonde serves as the national implementing body responsible for organizing the Ghana editions of the competition, mobilizing universities, and coordinating participation in alignment with the global GMC framework.ย
The competition is a strategy and management simulation in which each team operates a virtual company with the objective of achieving the highest investment performance. By managing a company without real-world financial risks and making executive-level strategic decisions, participants gain the opportunity to:
๐๐ฟ Develop strategic and analytical thinking skills.
๐๐ฟ Strengthen leadership and teamwork abilities.
๐๐ฟ Enhance decision-making and problem-solving competencies.
๐๐ฟ Experience real-world business and management scenarios.
๐๐ฟ Improve competitiveness and innovation capacity.
๐๐ฟ Bridge the gap between academic learning and practical business management.
HOW DOES THE COMPETITION WORK?
๐๐ฟ The Simulation is Online
๐๐ฟ Form a team, comprising of 3 to 5 people.
๐๐ฟ Register your team (members) by clicking on the Registration Link.
๐๐ฟ The teams are first organised into groups.
๐๐ฟ Each group with a maximum of 8 teams.
๐๐ฟ Each group creates a competitive market
๐๐ฟ The Teams compete with one another
๐๐ฟ Compete in the two decision cycles: Rounds 1 and Rounds 2
๐๐ฟ Advance your team to the national finals (eight finalist)
๐๐ฟ Win the national championship to represent Ghana.
WHAT ARE THE FOUR (4) STAGES OF THE COMPETITION?
Using the teamโs username and password, within the restricted area of the organiserโs website, the teams submit their management decisions and consult/download their Management Report.
All the teams can, at any time, consult its Company History, the Manual, the Competitionโs Calendar and its Teamโs classification/ranking for each Decision Period, on the organiserโs website.