It was akin
to facing the giants for four TAR College students who competed
with industry experts, working executives and MBA students at the
recent MIM-RICOH National Management Game 2007. Although all the
competitors had much more experience, the four put in a commendable
effort to become the only team comprising of students in the finals.
The four students representing TAR College were Lim Keat Heong
and Rebecca Chan from the Advanced Diploma in Commerce (Financial
Accounting) course, Kim Sheau Chia from the Advanced Diploma in
Business Studies (Marketing) course, and Yong Chook Yean from the
Advanced Diploma in Business Studies (Business Administration) course.
A total of 21 teams from across the country took part in the management
game. TAR College sent two teams and both teams were sponsored by
the alumni of Malaysian Institute of Management (MIM). The game
is a computer simulated business game often used by companies in
many foreign countries to train their managers. Players pit their
management and business skills against other teams to increase their
market share and profits. In order to compete successfully, the
students had to practise sound finance, investment, pricing and
marketing decisions and strategies.
“We spent time analysing trends, interpreting economic
reports, forecasting the markets, and predicting what the competitors
would do,” said Keat Heong.
The game also encouraged the development of interpersonal skills,
teamwork and decision-making skills among the students as they must
work together to maximise their resources and achieve
optimum results. “There were |
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definitely disagreements
on what decisions we had to make, but we listened rationally to
each other’s arguments and weighed our options,”
said both Chook Yean and Rebecca.
The students’ good teamwork was the result of the preparation
before the competition day. Coordinating the time and location to
meet and discuss was a small challenge for the students as three
of them were undergoing their industrial training at that time –
one in Shah Alam, another in Klang, and yet another in an area south
of Kuala Lumpur – and the fourth was in an area north of Kuala
Lumpur preparing for his ACCA external examinations. “We
were only able to find time to discuss at night and it was usually
at one of our homes,” said Rebecca. “At times,
when we found it impossible to meet in person, we would meet up
online instead.”
On competition day, it was full of suspense down to the very last
minute as the results in the early rounds of the finals were very
close. “We were equally competitive,” said
Keat Heong. “If we were given a second chance, I’m
sure we can beat them.”
It wasn’t easy to get into the finals and all the finalists
were considered winners in their own right. Although the students
did not get their hands on the coveted champion trophy, the opportunity
of competing with managing directors and chief operating officers
was priceless. “We have nothing to lose but everything
to gain as we’ve learned a lot,” said Rebecca.
“Besides, it’s quite fun and we would love to do
it again!” said Sheau Chia, and the others nodded in
agreement. |