40 Management
learn how to analyse finan- Final - always relating to the Russia, Poland and, most es-
cial and economic indicators; previous calendar year - will pecially China, which has 
broaden their views on cor- be hosted by current champi- won five titles out of the  
porate strategy; interact with ons, Russia. 
The 
past ten. 
the different functional areas The last leg of the com-
competition 
According to Pedro Alves 
of a company; understand the petition will take place on 
provides 
Costa, CEO of Sociedade de 
market conditions in which May 17th and 18th in the 
thousands 
Modelos de Gestão (SDG) 
they compete and customer Siberian autonomous Okrug 
of youngsters 
- the Lisbon based umbrella 
satisfaction; as well as how to of Khanty Mansiysk, known 
a risk-free 
company which owns and 
become aware of the impact for its thriving oil com-
opportunity 
runs the global competitions 
of their decisions on the or- merce and host of the Eu-
to be a top
(see “Play The Game” in these 
ganisation itself. ropean Summit and Chess 
manager
pages) China’s national heat 
All this takes place with- World Championships. involves the largest number of 
in an environment designed  participating teams in any lo-
to encourage and develop Top contenders cal heat: “around 1,000.”
teamwork. Among the top contenders Enrolments for Portu-
This year’s International are defending champions gal’s heat, the birth place of 
the GMC, usually top the 
500-team mark.
The organisers argue 
that one of most important 
benefits participants take out 
of the International Final is 
the exposure to other teams´ 
cultural differences and how 
these impact on the way they 
solve problems, invest funds,  
plan their business strategies, 
and ultimately how this af-
fects the final result.
Many countries
Countries and regions com-
peting include Angola, Aus-
tralia, Belarus, Belgium, 
Bolivia, Brazil, The Czech 
Republic, Denmark, Finland, 
France, Germany, Greece, 
2009 Macau champions team
Hong Kong, Hungary, India, 
Italy, Latvia, Macau, Mexico, 
China, Poland, Portugal, Ro-
mania, Russia, Singapore, 
The Slovak Republic, Spain, 
Turkey, Ukraine, and the 
United Kingdom.
Adding to its global 
web, GMC has successfully 
concluded negotiations with 
Kazakhstan to become the 
fourth country of the former 
Soviet Union to join the com-
petition, following Ukraine, 
Belarus, and 2008 Interna-
tional Champions and this 
year’s host, Russia.
Other newcomers are 
Ghana, the second African 
country to join the competi-
tion, and Venezuela. Another 
market which has long been 
 2009 Hong Kong champions team
explored is North America.
March 2010
    
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