In Junior Peak Time 2010 preliminaryrounds, students had to solve a set oftasks, namely simplelogics, Microeconomics, Managerial Economics &International Economics. The tasks were taken andadjusted from the introductory exercises, solved inSSE Riga. All the specific material and terminologywere explicitly explained in the document or thesource, where participants could read somethingthemselves, was given. In general, participantsliked the tasks, perceived them as interesting andresponded positively about the level of difficulty.The number of tasks submitted was a little bitbigger than the number for the case study.Participants had 10 days to complete a set of tasksand a case study.There were even some discussions about the tasksonline, initiated by the participants themselves(link).
Apart from the tasks, participants were asked to solve a case study, which consisted of three parts. The participants were asked tomake human resource management decisions in a knowledge-based company, optimize production processes, as well as makemarketing decisions regarding a brand introduction in a new market. Additional reading from one of the newest “McKinseyQuarterly” issues were introduced so as the participants would have a guidelines for their human resource management taskdecisions. The second part was made in order to check participants’ logical thinking and common sense, while the last one showed ifthe participants were creative and had a business-like mindset.The case study was made by the organizers with a help of y2 students from SSE Riga.The final result forpreliminary round wascalculated taking 30% ofresult for tasks and 70%for the case study. Theranking of participants isavailable here.The set of tasks and thecase study withadditional readingmaterial can bedownloaded from here. ONE OF THE PRELIMINARY TASKS PRELIMINARY CASE STUDY
LECTURERCO-FOUNDER OF A FAST GROWING ITCOMPANY GEOGOER LTD.SSE RIGA GRADUATE ’05MSC IN FINANCE AT UNIL, SWITZERLAND’07DURING THE GUEST LECTURE, STUDENTSHAD AN OPPORTUNITY TO HEAR ABOUTDALIA’SWAY TO SUCCESS AND ALL THE CHALLENGESENTREPRENEURS NEED TO FACE WHILEDEVELOPING AND GROWING THEIRBUSINESS
THE AIM OF THE INDIVIDUAL TASK WASTO ASSESS THE ANALYTICAL SKILLS, ASWELL AS DATA UNDERSTANDING ANDCOMMON SENSE OF THE PARTICIPANTS.THE CASE STUDY WAS PREPARED BYMANAGEMENT CONSULTANCY CIVITTA.THE TOPIC ABOUT AERONAUTICSCONGLOMERATE FOR THE CASE STUDYWAS CHOSEN SO THAT IT WOULD BEINTERESTING FOR THE PARTICIPANTS, ASWELL AS TO PROMOTE INNOVATION.
LECTURERCOMPETENCE DEVELOPMENT CONSULTANT ANDTRAINER, PARTNER AT ENERGISE, LTD.TEAM BUILDING LECTURER IN SSE RIGAONE OF THE UNIQUE THINGS JUNIOR PEAK TIMEBROUGHT TO THE WORLD OF COMPETITIONS FORHIGH SCHOOLS STUDENTS IN BALTIC STATES WASA TEAM WORK EXPERIENCE.BEFORE ACTUALLY STARTING TO WORK INRANDOMLY ASSIGNED INTERNATIONALTEAMS, STUDENTS HAD AN INTERACTIVE GUESTLECTURE LED BY ULDIS PAVULS.MOREOVER, ACTUAL ACTIVITIES AIMED ATBUILDING TEAMS WERE DONE. ACCORDING TOTHE JURY, THE EFFECT WAS VISIBLE ALREADY INTHE TEAM WORK SOLUTION PRESENTATIONS.
THE AIM OF THE TEAM WORK TASK WASTO MAKE THE PARTICIPANTS EXPERIENCEHOW IS IT TO WORK IN A TEAM AND TOUSE THE METHODS DISCUSSED IN THEGUEST LECTURE BY ULDIS PAVULS.AFTER THE INDIVIDUAL TASK, THEPARTICIPANTS WERE RANDOMLYASSIGNED TO INTERNATIONAL TEAMS.THEY HAD 90 MIN TO SOLVE A TASK AND10 MIN TO PRESENT THE SOLUTION.THE PERFORMANCE WAS EVALUATED ONTHE BASIS OF COMMON SENSEEMPLOYED, CREATIVITY, TEAM WORKDURING PRESENTATIONS, ENGLISHLANGUAGE AND PRESENTATION SKILLS.THE PARTICIPANTS APPRECIATED SUCH ACONCEPT AS THE USUAL COMPETITIONSAND OLYMPIADS IN THE BALTIC STATESREQUIRE INDIVIDUAL WORK.
SOME HIGH SCHOOLS STUDENTS CAME TOTHE EVENT WITH THEIR TEACHERS ORRELATIVES.THEY HAD A GUIDED TOUR INSSE RIGA PREMISES, PRESENTATION ABOUTTHE SCHOOL AND A DISCUSSIONAFTERWARDS, AS WELL AS AN EXCURSIONTO RIGA ART NOUVEAU MUSEUM.ACCORDING TO THE TEACHERS ANDPARENTS, THEY OBSERVED ANDAPPRECIATED THE CLOSENESS OF SSE RIGACOMMUNITY AND PERSONAL ATTENTION TOEACH PARTICIPANT.
Even though the competition day for the participantswas scheduled to be quite intensive, during the breaksthey had an opportunity to socialize with other highschool students and create networks with the brightestyoung minds from the Baltic states. In order to make the process of communication easier, the participants were invited to take part in the ice-breaking activities held outdoor. That worked as an introduction to team building lecture that was made afterwards, as well as helped them to relax after intense mental work during individual task. To make the stay in Riga as comfortable as possible, participants had assigned compadres, who escorted them to the SSE Riga from a bus station. Some of the participants stayed in Riga for longer thus they were accommodated in the modern SSE Riga dormitories. Compadres also took care that the participants would reach the dormitories safely, as well as guided them in Riga and presented the most interesting sights.
The winners were awarded with the scholarships in totalconsisting of 1100 €: 600 € for the best performance, 300€ for the second place, and 200 € for the third place. Thescholarships were awarded by the main sponsor MicrosoftLatvia. The winners:The most creative and best presenting team received 1. Ralf Ahi (EE), 2. Toomas Ginter (EE),professional Microsoft mouses for their PCs. 3. Allan Tatter (EE)
JURY HOST OF THE EVENTLĪNA DZENEEDUCATION INDUSTRY LEAD FOR BALTICS ATMICROSOFTINGMĀRS PŪĶISVICE PRESIDENT, MARKETING AND BUSINESS MAIN SPONSORDEVELOPMENT AT LMTDALIA LAŠAITĖCO-FOUNDER OF GEOGOER LTD.KAROLIS RŪKASCHAIRMAN OF SUPERVISORY BOARD AND HEAD OF CONTENT SPONSORCORPORATE FINANCE AT ORION SECURITIESGINTARĖ GALVANAUSKAITĖAGENT OF FLEURA EXPORT SIAEGLĖ EIDUKEVIČIUTĖVICE PRESIDENT OF STUDENT ASSOCIATION AT PARTNERSSSE RIGA 2009/2010EVITA KOVAĻAPROGRAMMU DIREKTORE PROFESIONĀLĀSKARJERAS INSTITŪTĀKRISTAPS SILIŅŠPRESIDENT OF STUDENT ASSOCIATION AT SSERIGA 2009/2010
COMPETITION IS ORGANIZED IN CLOSE COOPERATION WITH STOCKHOLM SCHOOL OF ECONOMICS IN RIGA STRELNIEKU IELA 4A, RIGA LV 1010, LATVIA, PHONE: +371 67015800, FAX: +371 67830249 WWW.SSERIGA.EDU.LV Anna Skačeka Aija Novicka ORGANIZING EVENT, PARTICIPANTS’ RELATIONS, COUNTRY HUMAN RESOURCE MANAGEMENT MANAGER FOR LATVIA PH.: +371 28455574 PH.: +371 26135365 E-MAIL: ASKACEKA@SSERIGA.EDU.LV E-MAIL: ANOVICKA@SSERIGA.EDU.LV Sandra Jāņekalne Marius Miškinis Ieva TurlajaMEDIA, PUBLIC RELATIONS FUNDRAISING, COUNTRY MANAGER FOR LITHUANIA PROMOTION, COUNTRY MANAGER FOR ESTONIAPH.: +371 28344089 PH.: +371 27491730 (LV), +370 61155478 (LT) PH.: +371 26428321E-MAIL: SJANEKALNE@SSERIGA.EDU.LV E-MAIL: MMISKINIS@SSERIGA.EDU.LV E-MAIL: ITURLAJA@SSERIGA.EDU.LV
Aistė Juknaitė Ginvilė Ramanauskaitė Simona Tijūnaitytė Modestas KižauskasAve Habakuk – helped with promo in Estonia;Krišjanis Mazurs – created the poster;Ieva Pajarskaitė – helped with creating the case study, evaluated preliminary & final tasks;Andrius Oleinikovas, Justas Šaltinis, Stasys Karbauskas - evaluated preliminary & final tasks;Jekaterina Kolbina, Egors Trefilovs, Dita Krastina, Kristine Ingelande, Mara Aleksejeva, Liene Ozola, Vadims Korsaks, Ivan Mihhejev, KristinaGolovkina, Kristina Malukaite – evaluated preliminary tasks;Anna Aile, Olga Peškova, Nadzežda Zute, Rasa Girtavičiute, Tatiana Arventi, Liudvikas Galvanauskas, Martynas Stankevičius, DmitrijSurenans, Giedrius Jacunskas, Justas Lozinskas, Linda Vīksne, Paulius Jurgutis, Jelena Gvardina, Anda Kikute, Aiste Mazulyte – helped duringthe event;Gerard Chmyznikov, Annija Krūzīte, Nikita Jakubauskas, Domas Ivanauskas, Rihards Garancs, Kęstutis Tyla - compadres .