The event is scheduled for the end of next September in the city of Nizhny Novgorod.
The organisation of the Global Management Challenge plans to hold the international final for the 2020 edition in September in Russia, with the teams competing in person. Next July the world event for the 2019 edition will take place, but in an online format.
The pandemic has been affecting several businesses and initiatives, and this strategy and management competition, organised for over 40 years by the Expresso and SDG, is no exception. João Matoso Henriques, SDG's CEO, tells that "the international final of the 2020 edition will be held in Russia, at the end of September this year, and will be included in the events celebrating the 800th anniversary of the city of Nizhny Novgorod". He adds that "everything is being prepared for this event to be face-to-face. If the level of restrictions related to covid-19 force it, the international final could become partially or fully online." This will be the fourth time Russia has hosted this event, which has already taken place in the cities of Khanty-Mansiysk, Sochi and Yekaterinburg.
Due to the pandemic, it was not possible to hold last year the international final for 2019. The organisation does not want to leave the date without a champion and at the end of July will bring the teams together online to determine the winner. The event will be monitored from Lisbon.
THE IMPACT OF THE PANDEMIC
João Matoso Henriques recalls that, "until now, whenever there was a crisis, it was limited to a certain geographical area. With the pandemic that was not the case, and we were affected in all geographies". Even with this scenario, most of the 30-plus countries where this initiative is present have been holding their events. Neighboring Spain is an example of this. The contest, which started in November last year and has just ended in May, with the victory of a team of students from the Autonomous University of Madrid, counted on the presence of 712 teams, distributed by nine regional competitions. The participants were all university students.
Teresa de la Cal Losada, from the Spanish organisation, believes that "every year the level of competition increases in Spain, and the teams are increasingly well prepared to manage their companies. They are doing a good job, and the winner will face the international final with confidence". As for the impact of the pandemic, he points out that "this has been a difficult year for everyone, it has affected our sponsorships and we have had to change our expansion plan.
After 10 years of silence, the Global Management Challenge returned in 2020 to be held in Italy. The country was badly affected by covid-19, but still 34 teams competed in last year's edition. The current edition in Italy, whose winning team will be known in the middle of this month, has 64 teams of university students. Andrea Carissimo, the local organiser, says that "people are receptive to participate in this kind of challenge". In his view, a competition like this "allows participants to understand how a company works, moving from theory to practice".
With regard to international expansion, Chile and Colombia are the most recent countries to join the community that disputes the Global Management Challenge.
Source News: Global Management Challenge