ENGINUITY 2018 COMPETITION REVIEW

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Presentation transcript:

ENGINUITY 2018 COMPETITION REVIEW Copyright Virtual Management Simulations

The Global Challenge The ENGINUITY 2018 Competition gave participants the opportunity to experience the challenges that face their corporate management on a daily basis, and pitted them against their colleagues and peers from around the world in a unique business management challenge.   Using a sophisticated computer simulation, competing teams were given the task of managing a fledgling UK-based global construction business from 2018 onwards. STRATEGY AND DECISION MAKING To be successful, each management team needed to devise an effective business strategy to grow their business, making decisions in a number of key areas, including finance, marketing, overheads, procurement and job progression. Decisions were made for a period, representing 3 months, or a quarter, in the real world. TEAMS FROM AROUND THE WORLD The international field of nearly 200 teams included included entrants 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.

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 well represented, along with teams from Arcadis, Jacobs, Parsons Corporation, Robert Bird Group and Stantec. The finalists were spread globally, with 5 from the United States, 2 teams from the UK, 1 from India, 1 from the United Arab Emirates and 3 from Australia. With less than 300 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 "Just Crazy Enough To Work" from WSP (United States) who deservedly emerged victorious as the ENGINUITY 2018 Champions. The Final League Table

The Champions The Champions, "Just Crazy Enough To Work" from WSP (United States) with their awards. Each member of the winning team :- Vincent Favale Joseph Salvo Brendan Tyler received a cash prize, engraved crystal award and certificate of achievement.

The Runners Up The Runners Up, "Birdies In The Sky (BITS)" from the Robert Bird Group (Australia) with their awards. Each of the runners up :- Raul Buñales Ebrahim Al-Qalisi Robbie Browne Pooria Kaldi Thangarajah Janaraj Allan Bartlett received a cash prize, engraved crystal award and certificate of achievement.

All Finalists Each finalist received a personalised laminated certificate of achievement, denoting their finishing position in the overall Competition.

Certificate Of Participation Each participant in the Competition received a certificate of participation.

Testimonial The "Kier Technology Services" team from Kier Highways. From left to right :- Kerry Madden Owen Smith Faheem Parker (Team leader) Tara Monaghan Chris Gaffney "Daunting at first, but became easier as we went along. It was good to see us win jobs each round; I was so excited to see the league tables come out each round." Kerry Madden (Administrator) "Enginuity was a challenging yet rewarding experience. I strongly recommend teams to participate to get an understanding of how a company is managed." Owen Smith (Business Support Apprentice) "With aims to become a Future Leader of Kier Group, having heard about Enginuity 2018 competition, I knew this was the perfect platform to put my leadership and business management skills to the test. Having the opportunity to experience the challenges that corporate management face on a daily basis; Enginuity provided a chance to experience being Senior Business Leader’s, devising strategies and having a key focus on the growth of a fledging UK-based Global Construction Business." Faheem Parker (Graduate Engineer) "It was a great team building experience, and I am proud to have been part of such a successful team. Faheem kept us focussed in a challenging time!" Tara Monaghan (Project Manager) "Enginuity has provided a valuable insight as to how critical the decisions made by senior management are, and how they can impact the business as a whole." Chris Gaffney (Senior Engineer)

ENGINUITY 2019 2018 Publicity for the competition will be sent out at the beginning of November Registration will start during November 2019 The 2019 software is released on the website at the beginning of January Trialling starts after the software is released for registered teams The Preliminary Rounds take place during March and April The Final will take place during May

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