ENGINUITY 2016 COMPETITION REVIEW

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Presentation transcript:

ENGINUITY 2016 COMPETITION REVIEW Copyright Virtual Management Simulations

The Global Challenge An international field of 229 teams started the ENGINUITY 2016 Business Management Competition for Construction Professionals in the UK and worldwide. The entrants included teams from consultancies and contractors based around the UK, Europe, Middle East, Asia Pacific and the Americas, emphasising the wide ranging and global appeal of the Enginuity competition. Using the Enginuity Simulation, participants, working as a team of directors, were given the task of running a fledgling UK-based Global Construction Business. The new management team needed to form an effective strategy to grow the business, and satisfy the high demands of the company's shareholders, who were keen to see a quick return on their investment. Key decisions had to be made to manage the business for a simulated number of years, in a dynamic 'real life' environment, with jobs, clients, competitors and people across different continents and countries, resulting in unique challenges and opportunities and requiring some special management skills to be successful. ENGINUITY 2016 put participants in the ‘hot seat’, providing them with the opportunity to acquire an understanding of the challenges and decisions that face their corporate management on a daily basis.

Preliminary Rounds The PRELIMINARY ROUNDS During the 8 weekly Preliminary Rounds, which took place between March and April, each team played independently in their own ‘virtual’ world, competing for work against simulated rival companies, each with their own bidding strategies. 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 top of the League Table at the end of the Preliminary Rounds

The Final The FINAL The final was played over a further 6 rounds during two weeks in early May, enabling the teams to take part in the final from wherever they were located, and giving them enough time between each round to make considered and effective decisions, and reflect upon and refine their strategies. During the final the teams competed 'head to head' directly against each other. This created an even more uncertain and pressurised environment in which the skills and team dynamics formed in the early years were really put to the test. The final saw lots of ups and downs, but ultimately it was “OPM d.o.o.” from WSP | Parsons Brinckerhoff who deservedly emerged victorious as the ENGINUITY 2016 Champions, but only just with the winning margin being only 24 points. The Final League Table

The Champions At an internal Awards’ Ceremony the “OPM d.o.o.” team from WSP | Parsons Brinckerhoff were presented with their awards. 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.

Other Awards The runners up, “IngenuiTeam”, from WSP | Parsons Brinckerhoff :- Diego Pulido Justin Levatino Xinhe (Lily) Liu Joseph Salvo each received a cash prize and personally engraved crystal award. Each finalist received a personalised laminated certificate of achievement, denoting their finishing position in the overall Competition.

ENGINUITY 2017 2016 Publicity for the competition will be sent out at the beginning of November Registration will start during November 2017 The 2017 software is released on the website at the beginning of January Trialling starts shortly after the software is released for registered teams The Preliminary Rounds take place during March and April The Final will take place during May Each year the Enginuity simulation is updated to keep it relevant and realistic for today’s construction professionals. For 2017 a number of key changes are being made. In particular, one exciting development is that world events that affect global construction businesses are being built into the simulation, such as currency and climate variations, adding a new level of realism to the Enginuity challenge.

Further Information Further detailed information can be obtained from the website at: www.enginuitycomp.co.uk or by e-mail mike@enginuitycomp.co.uk or by contacting in the first instance Mike Fletcher Tel/Fax No: +44 (0)1332 694351