If your think tank is confident to outwit the competitors by making excellent management decisions and leading the company to increase its market shares and profits under an exciting competitive atmosphere, enter the Hong Kong Management Game organized by The Hong Kong Management Association now and win the HK$25,000 cash prize!

The Management Game, launched in 1971 is a computer simulated exercise. It allows executives to have a risk-free opportunity to try new strategies under a sluggish economic situation. It is not just a game, but has proved to be an exciting and efficient tool in management training. The essence of the Game is the ability to make sound business decisions consistently at the appropriate time, demonstrating skills in the field of finance, production, investment and marketing even at a time of crisis. These decisions need to be welded into a strategy if a winning combination is to be achieved.

The Management Game is a knock-out competition mainly played by e-mails except the Hongkong Final to be held on 29 June. Participating teams, each with four members, represented fictitious companies, have to submit decisions regarding marketing, pricing, production and finance and to compete in the same real-to-life business situations for eight accounting periods in the Official Round. "Companies" may also face simulated up-to-date management problems such as strikes, labour dispute, anti-competition strategy, terrorist attack, materials / labour outsourcing issues, natural disasters, vendor problems and so on. Decisions submitted will be evaluated by the computer and up-dated Management Report will be produced for each company to form the basis for the next period`s decisions.

Teams with the highest accumulated profit within their group at the end of Period Eight will be promoted to the Hongkong Final. Attractive prizes to be won are as follows:

The Hongkong Champion:
- A cash prize of HK$25,000*
- Four Round-Trip airtickets to Singapore
- The South China Morning Post Perpetual Trophy

First Runner-up:
- A cash prize of HK$10,000*

Second Runner-up:
- A cash prize of HK$5,000*

Other Finalists
- Souvenirs

(*Cash prizes are donated by Arther Andersen & Co)

To enable companies have a better understanding of the Game, two Briefing Sessions will be arranged as follows:

Date:	Saturday, 23 March 2002 (For Free Trial Round) Saturday, 20 April 2002 (For Official Round)
Time:	9:00 am - 11:00 am
Venue:	The Hong Kong Management Association Johnson Electric Management Development Centre 3/F Management House 26 Canal Road West Wanchai HONG KONG
Fee:	Free for both Briefing Sessions
Registration:	2774 8553 (Ms Mei Tang)

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Registration Deadlines of the Trial Round (Free of charge) and Official Round (Registration Fee: HK$980 per team) are 21 March and 16 April respectively. For registration, please contact Ms Mei Tang on 2774 8553. For further details of the Game, please contact Ms Christine Choy on 2774 8552.

The Award this year is proudly sponsored by the following companies: Arthur Andersen & Co, Cathay Pacific Airways Ltd and South China Morning Post.

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Issued by The Hong Kong Management Association on 14 March 2002. For press enquiries, please call Ms Titania Woo on 2826 0535 / 7383 5116 or Ms Sunnie Ma on 2826 0532.