After a period of intensive trialling the University of Manchester Enginuity 2024 Competition is
underway, with a competitive field of teams all battling for supremacy against their peers.
And so to the action, and all the teams made excellent starts, with the early pacesetters after
44% growth being the "Synergy Squad" with 1,440 pts,
but they cannot rest on their laurels with the chasing pack not far behind led by the
"Biz-Brains" only 2 points further back.
However, it is early days, and there are sure to be plenty of twists ahead as the journey
through the Early Years unfolds.
The early signs are that the competition will be very competitive, with all the teams improving
their overall position in period 5. However, this was not unexpected. After being formed at the
beginning of period 1, overhead costs were incurred whilst the companies were being established, without
any profits being generated. The companies were now in a position to generate profits against a more stable
overhead base, and this was reflected in improved operating profits. Of course, growth will be impossible
without an effective strategy, and all the management teams have had time to think about this carefully, and
come up with a set of objectives to deliver business success for their stakeholders.