The Hindu Business Line : Tata Steel sure knows how to manage things

AS the war of nerves comes to an end at the annual National Management Games (NMG), it's Tata Steel, Jamshedpur, that has emerged the winner for the second year in the running. Siemens, Gurgaon, has been declared the first runners-up and BHEL, Bangalore, the second runners-up at the competition, organised by the All-India Management Association (AIMA).

This boardroom game, with its finals played at the Amity Business School, Noida, is a competition between 30-odd companies to see who has the best management talent to make it to the top.

The winners and the first runners-up will now compete at the Asian Regional Management Games (RMG) on October 4, 2002, in Singapore.

Christened the Chanakya Business Decision Game, the management game is played on a special software developed for AIMA. Here an industry and boardroom scenario is simulated, while a team of four from each participating corporate company work out the solutions. What's the game all about? Each company sends a group of four managerial executives from the four fields of finance, marketing, production and overall administration to constitute the management board of a computer-simulated company. One serves as the CEO, while the others work in tandem to drive their company to win.

The parameters, such as the market conditions, the economic and political climate, are defined. Using this information, the team has to make its business decisions regarding production, marketing, pricing strategies, cost management, product development, etc. It also has to look at details such as labour cost, godown warehousing charges, overheads, R&D expenditure, new plant capacity, cost reduction projects, etc.; in short everything it takes to make a company out-perform its competitors.

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