ENGINUITY

COMPETITIONS

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UNIVERSITY OF MANCHESTER 2024

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MSc Commercial Management students from the School of Mechanical, Aerospace and Civil Engineering are taking part in their own internal Enginuity Competition as part of their module 'Commercial Management'.

The students are split into 20 teams, and competing over 5 rounds, or one and a quarter simulated years, between February and March 2024.


COMPETITION DETAILS
Schedule
The league table at the end of period 5
The story, period by period


PERIOD 5:  "The 'Synergy Squad' are the early pacesetters!"

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.



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