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MARGA Online Competition 2017/2018

The MARGA Online Competition started in November 2017 and ends with a great live final in May 2018. Inbetween you will regularly find all important information here. You can always find the leading top 4 of the competition, the different challenges of the teams and all further details which are important for the Online Competition.

We as well as all participating teams are looking forward to an exciting competition!

 

Main Round I, Period 2

Here we go: the first two periods of the Main Round are made and the teams are able to analyze the annual reports of their competitors. The balance sheets tell a lot, e.g.: Who has invested in new machines? Who has a lot of raw materials on stock? Did the competitors already prepare for the coming vacation period? Which market strategies do the teams aim at?
This and even more can be analyzed and used for their own planning of the following periods by the teams by means of their annual reports.

Furthermore, the vacation period has started and has to be planned carefully: One third of the workers is not available for production in the third period. Thus the non-productive personnel costs will significantly increase. How will the teams manage this period? Have they recruited new workers or will they make use of overtime and temp workers? Have they bought trade goods or pre-produced to increase the stock?

More about how to manage the vacation period can be found in our current 'MARGA Stories'! 

There are a lot of decisions to be made in the third period, but the competition is still open. :)

Lots of fun and success for the third period!

Ranking Online Competition 2017/18, Main Round, Period 2

Ranking Online Competition 2017/18, Main Round, Period 2

Main Round I, Period 1

Ranking Online Competition 2017/18, Main Round, Period 1

Ranking Online Competition 2017/18, Main Round, Period 1

The first results after the Test Round of the MARGA Online Competition are online. After the feedbacks on the Test Round in January, all teams motivated started into the Main Round.

Now the 'real' competition starts and the teams are preparing for the next periods. They have to analyse and plan a lot. E.g. the segment report, which shows all earnings and expenses as well as the period result divided to the three products. Or the market research report which helps to analyse the market reactions on the competitors´ marketing decisions.

Now it´s up to the teams to achive a good postion within their competitive groups. We are looking forward to talk to the teams in the meantime. We wish you lots of success!

Test round, Period 3

The third and last period of the test round is over and now all teams start analyzing their results. At the end of each round all teams additionally receive the annual report and thus are able to compare all key figures while analyzing the strategies of their competitors.

In the approaching main round, new challenges as well as new competitors are waiting for them. To make sure that all teams are well prepared for the upcoming round, we offer a feedback for each group in January. Here we will analyze what happened on the markets and give some hints on how to implement strategies in the MARGA business simulation.

We wish all teams a merry Christmas and are looking forward to 2018! 

Test round, Period 2

To better support our MARGA participants of the Open Online Competition, we created a MARGA facebook group. Here we will announce the highlights of the upcoming top news already at 1 p. m. and answer the most frequently asked questions. 

We are looking forward to your questions!

MARGA Online Competition 17/18

Test round, Period 1

Today was the deadline for the decisions of the first simulation period of the test round. How exciting! During the plan mode the teams are only able to see the impact of their own decisions: How will the MARGA Value Added change if we fire 1,000 workers, buy raw materials on stock or change the payment conditions? But today, after the market simulation, the teams also see the impact of their competitors´ decisions on the market and their own company. 

The test round consists of three periods. During this time, the teams have the opportunity to get acquainted with their new role as board members of their virtual MARGA company - a renowned global player. All participants are now challenged to organize themselves within their teams and as a first step to get to know the overall market behavior. As there is no ranking during the test round, we advise all teams not to concentrate on the profit yet, but rather to find out the effect drivers and the overall customer preferences. 

By the way: In addition to the kick-off sessions, we offer brand new tutorial videos now! Here we explain in a few minutes the tasks of the MARGA company, the organization of the dashboard as well as the most important contents regarding the decisions and controlling areas.

To the videos (Only with access to the MARGA software)

There are always two weeks between the deadlines. The deadline for the decisions of the third and last period of the test round is December 6th, 2017. On this day we will reset everything and all teams will start again into the main round from ‘zero’ – however, with the acquired knowledge of the test round. 

We wish all teams a successful start and lots of ‘wow effects’! The MARGA tutors are pleased to answer your questions.

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