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The search for the MERIT 2015 Champion, who will be the 25th Champion, has started. The first round is always difficult to interpret with data from late teams awaited.
The top six who are currently from Hong Kong, India, UK, India, UK, QATAR with Australia and the Netherlands close by demonstrate the international competition this year with the 2014 winner coming from Hong Kong.
The spread of scores is not yet a worry for those that are lower down. Changes of 15% to 20% in one round are not uncommon and with 7 round to go everyone is still competing.
MERIT requires the juggling of a whole range of management decisions: head office staffing which affects the efficiency of the company operations; marketing; estimating; bidding; selecting project managers; setting up the project workforce; managing the company finances borrowing or investing, retaining profits, shareholders dividends, turnover:capital capacity etc all against a background of competition and some uncertainty. Success results from making the best decisions on most of the issues. Real company directors face the same challenges and compromises and they too try to make the best decisions. It’s time to think like directors and act like directors.
Good luck to all.
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Thanks to our generous supporters, The Chartered Institute of Building, the Construction Industry Training Board (CITB) and The Institution of Civil Engineers, the 2015 MERIT Champions will receive the ICE's Silver Salver, and a share of the MERIT 2015 Prize fund that now stands at £3500.
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Registration for MERIT 2015, the annual construction business game run with the support of the ICE for the 25th time is still open, but will close on 11th February.