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 environment, enter the Hong Kong Management Game organized by the Hong Kong Management Association now and win the HK$25,000 cash prize and round-trip airtickets!
The Hong Kong Management Game, launched in 1971 is a computer simulated exercise, allowing executives 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 Hong Kong Management Game is a knock-out competition mainly played by e-mails except the Hongkong Final which will be held on Saturday, 5 August 2006. Participating teams, each with four members, acted as 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:
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A cash prize of HK$25,000* |
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Four Round-Trip airtickets to Singapore |
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The South China Morning Post Perpetual Trophy |
First Runner-up:
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A cash prize of HK$10,000* |
Second Runner-up:
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A cash prize of HK$5,000* |
Other Finalists
(*Cash prizes are donated by CLP Power Hong Kong Ltd)
The Hongkong Champion team will represent Hong Kong to compete in the Regional Management Game against winners from other south east Asian countries such as India, Macau, New Zealand, Singapore and so on. The Regional Management Game will be held in Macau this year.
Briefing Session
To enable companies have a better understanding of the Game, a Briefing Session will be arranged as follows:
Date: |
Saturday, 22 April 2006 |
Time: |
9:30 am 11:00 am
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Venue: |
The Hong Kong Management Association
Johnson Electric Management Development Centre
3/F Management House, 26 Canal Road West
Wanchai
HONG KONG |
Fee: |
Free of charge |
Deadline for Registration: Tuesday, 18 April 2006
Enquiries and Registration: 2774 8553 (Ms Mei Tang)
Registration Deadlines for the Game
Trial Round (Free of charge): Wednesday, 19 April 2006
Official Round (Fee: HK$980 per team): Wednesday, 17 May 2006
For further details of the Game, please contact:
Ms Christine Choy Tel: 2774 8552 / Email: christinechoy@hkma.org.hk
Ms Mei Tang Tel: 2774 8553 / Email: meitang@hkma.org.hk
You may also visit the website of the Association: www.hkma.org.hk/award
The Award this year is proudly sponsored by the following companies:
Sponsors:
Cathay Pacific Airways Ltd
CLP Power Hong Kong Ltd |
Official Media Partners:
South China Morning Post
Classified Post
Jiu Jik |
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Issued by The Hong Kong Management Association on 4 April 2006.
For press enquiries, please contact:
Ms Titania Woo, Senior Manager Tel: 2774 8580 Email: titaniawoo@hkma.org.hk
Ms Sunnie Ma, Administrative Officer Tel: 2774 8579 Email: sunniema@hkma.org.hk
9094 2960
Ms Christie Chan, Executive Officer Tel: 2774 8581 Email: christiechan@hkma.org.hk
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