enginuity 2018 - · pdf filethe challenge the enginuity 2018 competition provides management...

8
THE BUSINESS MANAGEMENT COMPETITION FOR THE CONSTRUCTION INDUSTRY OVERVIEW: 2-3 WHY TAKE PART: 4 TARGET AUDIENCE: 5 TESTIMONIAL: 5 THE STORY SO FAR: 6-7 COMPETITION SCHEDULE: 8 KEY INFORMATION: 8 ENGINUITY 2018 "Managing The Global Construction Business" www.enginuitycomp.co.uk

Upload: dothien

Post on 06-Feb-2018

221 views

Category:

Documents


1 download

TRANSCRIPT

Page 1: ENGINUITY 2018 - · PDF fileTHE CHALLENGE The ENGINUITY 2018 Competition provides management and leadership training that is relevant and appropriate for construction professionals

THE BUSINESS MANAGEMENT COMPETITION

FOR THE CONSTRUCTION INDUSTRY

OVERVIEW: 2-3

WHY TAKE PART: 4

TARGET AUDIENCE: 5

TESTIMONIAL: 5

THE STORY SO FAR: 6-7

COMPETITION SCHEDULE: 8

KEY INFORMATION: 8

ENGINUITY 2018

"Managing The Global Construction Business"

www.enginuitycomp.co.uk

Page 2: ENGINUITY 2018 - · PDF fileTHE CHALLENGE The ENGINUITY 2018 Competition provides management and leadership training that is relevant and appropriate for construction professionals

THE CHALLENGE

The ENGINUITY 2018 Competition provides management and

leadership training that is relevant and appropriate for construction professionals worldwide.

Participants are given the opportunity to experience the challenges that face their corporate management, and pits them against their

colleagues and peers in a unique business management challenge.

Using a sophisticated computer simulation, competing teams are given the task of

managing a fledgling UK-based global construction business from 2018 onwards.

OVERVIEW

2

STRATEGY AND DECISION MAKING

To grow the business the new management team will need to devise an

effective business strategy, and implement it by making decisions in a number of key areas, including finance, marketing, overheads,

procurement and job progression.

Decisions are made for a period, representing 3 months, or a quarter,

in the real world.

ASSESSING PERFORMANCE

A league table is used to measure the relative performance of each

team, using a number of Key Performance Indicators.

The league table is published on the website at the end of each round,

but only shows the total of each team’s KPIs.

Page 3: ENGINUITY 2018 - · PDF fileTHE CHALLENGE The ENGINUITY 2018 Competition provides management and leadership training that is relevant and appropriate for construction professionals

3

THE GLOBAL ECONOMY

The simulated global economy is based upon the ‘real world’.

JOBS

There are jobs worldwide in 5 sectors :-

Industrial Building and Commercial

Transport Energy

Water and Sewage

with clients, people and rival competitors globally.

WORLD EVENTS

There are Economic, Political and Environmental

world events that can impact upon the business, such as :-

Reports from the IMF, CBI and other organisations

Currency fluctuations between countries

Shortages of skilled labour

Brexit and elections in different countries

Civil unrest and conflicts across the globe

Russia-Ukraine gas dispute

Climate variations around the world

WORLD NEWS

Information is critical for re-evaluating business strategy, and to reflect this world news,

based upon current and future world events, is available from ENN, the ENGINUITY NEWS NETWORK.

Page 4: ENGINUITY 2018 - · PDF fileTHE CHALLENGE The ENGINUITY 2018 Competition provides management and leadership training that is relevant and appropriate for construction professionals

4

WHY TAKE PART

Page 5: ENGINUITY 2018 - · PDF fileTHE CHALLENGE The ENGINUITY 2018 Competition provides management and leadership training that is relevant and appropriate for construction professionals

5

TARGET AUDIENCE

TESTIMONIAL

"From the very first moment I heard about the Enginuity Competition I knew it would be a

stimulating challenge full of learning, networking, competitiveness and enjoyment. Indeed, I have developed my commercial awareness and gained essential business

management skills.

What makes Enginuity so unique is that you are managing a global construction business,

which is relevant both for our business, and most of the sponsors of other teams taking part.

The simulation allows participants to manage resources and understand the importance of contract completion and financial implications of delays. On the bidding side, I learned

how to estimate project risks and translate them into financial perspective as part bid submission while maintaining competitiveness on the market.

Team meetings are a great opportunity to develop soft skills such as communication and presentation, networking and team building. These are only a few aspects of learning and

training relevant to continuous professional and personal development objectives that a participant can benefit from during competition.

Enginuity helped me better understand many facets of global engineering business

management and I would recommend it to any emerging professional as well as experienced engineers seeking to develop their Business management skills."

Michail Gordijenko (WSP)

Page 6: ENGINUITY 2018 - · PDF fileTHE CHALLENGE The ENGINUITY 2018 Competition provides management and leadership training that is relevant and appropriate for construction professionals

6

THE STORY SO FAR

2017: "NEVER TELL ME THE ODDS" ARE CROWNED CHAMPIONS

The international field of 200+ teams included entrants from the UK, Europe, Middle

East, Asia Pacific and the Americas, emphasising the wide ranging and global appeal of the Enginuity competition.

After the 8 weekly Preliminary Rounds, which took place between March and April, 12 teams qualified for the Final, with the largest sponsor WSP well represented, along with

teams from Beca, MWH now part of Stantec, Parsons Corporation, Ramboll and the Robert Bird Group.

The finalists were spread globally, with 1 from Australia, 3 teams from the UK, 3 from New Zealand and 5 from the United States.

With just over 200 points between the finalists, another highly competitive final was in

store.

The final, played over a further 6 rounds, saw lots of ups and downs, but ultimately it was

"Never Tell Me The Odds" from WSP who deservedly emerged victorious as the ENGINUITY 2017 Champions, and the first winning team from the United States.

The members of the winning team, Vincent Favale, Brendan Tyler, Matthew Beller

and Joseph Salvo, each received a cash prize, engraved crystal award and certificate of achievement.

Page 7: ENGINUITY 2018 - · PDF fileTHE CHALLENGE The ENGINUITY 2018 Competition provides management and leadership training that is relevant and appropriate for construction professionals

7

2016: "OPM d.o.o."

WSP | Parsons Brinckerhoff (UK)

Bogdan Kosanovic

Svetlana Krstic

Milos Mitrovic

Jelena Jovanovic

Branislav Jelkic

2015: "Newbee"

AECOM (UK)

Jian Yu

Roshni Wijesekera

Aby John

2014: "Aspire Bridges"

Parsons Brinckerhoff (UK)

Hossam Mustafa

Ben O’Connor

Ren Fu

Nicolas Geroudes

Chris Scholes

2013: "Pbers" Parsons Brinckerhoff (UK) Chris Gregory, Matthew Lupton, Michail Gordijenko, Christopher Chung

2012: "Macaronage" Independent (New Zealand) Kevin Ng, Ying Yang, Ijma Pradhan, Jason Lim

2011: "Will it Wobble" Campbell Reith Consulting Engineers (UK) Steve Tresise, Simon Foakes, Rhyadd Watkins, Neal Murphy, Michael Jakacki, Sam Cherrett

2010: "Fluor 1" Fluor (Holland) Emmett Lang Valle, Ana Franco Domingo, Robbert Henrichs, Oscar Schot, Sander Harink, Nicolas Aubin

Page 8: ENGINUITY 2018 - · PDF fileTHE CHALLENGE The ENGINUITY 2018 Competition provides management and leadership training that is relevant and appropriate for construction professionals

For further information please contact Mike Fletcher

[email protected] / +44 (0)1332 694351

8

KEY INFORMATION

COST

Only £300 (GBP) per team (maximum of 6 people in each team).

PRIZES AND AWARDS

Winning Team: Cash prize of £1,000 and personally engraved crystal awards

Runners Up: A cash prize of £500, and personally crystal engraved awards All finalists: A laminated personalised certificate of achievement

All competitors: A CPD training certificate

COMPETITION SCHEDULE

STAGE 1: THE PRELIMINARY STAGE

This takes place over 8 weekly rounds during March and April, when each team competes for work against a number of 'fictional' rival companies.

STAGE 2: THE FINAL

The leading 12 teams at the end of the Preliminary Stage will be invited to compete in

the final, played over a further 6 rounds during May to determine the 2018 Champions. During the final the teams compete against each other for not only work, but also the

services of project managers.

©Virtual Management Simulations