News
The International Final of the 2008 Global Management Challenge (GMC) was held in Lisbon, Portugal in April 2009.
Rather appropriately, on this thirtieth anniversary of the start of the international competition of the Global Management Challenge, thirty countries took part in the semi-final.
The final round, with just 8 countries, was very competitive and, at the end, the team from Russia was declared the winner. The differences between all of the teams were small and the winning share price was less than one cent higher than that of the second team.
The 2009 GMC International Final will be held in Khanty-Mansiysk, Russia in May 2010.
We are now testing several changes for next year, including some new decisions and an IFRS compliant format for the accounts. A new issue for teams will be the measurement, off-setting and possible tax treatment of each company's carbon footprint.
These changes will provide new challenges in the world's largest business simulation.