Nearly 1,000 students at 25 leading business schools from around the world have dedicated a weekend to analyzing the costs and benefits of expanding the U.S. presence of a Chinese renewable energy company in this year’s Aspen Institute Business & Society International MBA Case Competition. This new teaching tool – produced by the Yale School of Management – challenges students to innovate at the intersection of corporate profitability and environmental, social, and ethical issues.
Last Friday, the five finalist teams flew to New York City to present their recommendations to a panel of corporate representatives and to compete for their share of a $40,000 prize pool. This year’s winners are:
• 1st Place: Wilfrid Laurier University, School of Business and Economics (Canada)
• 2nd Place: Villanova University, Villanova School of Business (United States)
• 3rd Place: ESADE Business School (Spain)
• 4th Place: Baylor University, Hankamer School of Business (United States)
• 5th Place: IESA - Instituto de Estudios Superiores de Administración (Venezuela)
“We are so pleased to celebrate not only this year’s finalist teams, but all students who enthusiastically engaged in this year’s program,” said Nancy McGaw, Director of the Aspen Institute’s Center for Business Education. “It’s critical that MBA students – the next generation of business leadership – see just how essential a deep understanding of environmental, social, and ethical issues is to corporate profitability in the 21st century.”
Students had one weekend to analyze and respond to the new business & society-focused case study. On-campus competitions determined first place campus winners, whose work was reviewed by academic judges to determine five finalist teams. All finalist teams receive prize money, with the first place team receiving $20,000 and $2,000 to donate to a 501(c)(3)-designated charity of their choice.
The Aspen Institute’s Business & Society Program is grateful for the generous support of the following:
• Green is Universal, NBCUniversal
• Levi Strauss & Co.
• Bertelsmann, Inc.
• Deutsche Bank
• Motorola Solutions Foundation
• Pearson Foundation
• K. Mehta, former partner of PwC and Advisor to the Aspen Institute’s Business & Society Program
The Aspen Institute is also thankful for the support, time, and enthusiasm of this year’s final round judges:Beth Colleton, VP of Green is Universal, NBCUniversal; Erik Joule, Head of Men’s Merchandising, Design, and Licensing, Levi Strauss & Co.; Asad Mahmood, Managing Director, Global Social Investment Fund at Deutsche Bank; Mark Nieker, President, Pearson Foundation; Bill Rompf, Internal Consultant, Corporate Marketing Strategy & Planning, Humana; Maureen Scully, Associate Professor in Management at the University of Massachusetts Boston; Professor K. Sudhir, Yale School of Management, and; Carsten Tams, Senior Vice President, Ethics and Compliance, Bertelsmann, Inc.
This year’s participating business schools include (in addition to this year’s finalist schools):
• Audencia Nantes, School of Management (France)
• Baruch – CUNY, Zicklin School of Business
• Bentley University, McCallum Graduate School of Business
• Case Western Reserve University, The Weatherhead School of Management
• Curtin University, Curtin Graduate School of Business (Australia)
• Dartmouth College, Tuck School of Business
• Duquesne University, Donahue Graduate School of Business
• Griffith University, Griffith Business School (Australia)
• IE Business School (Spain)
• Johns Hopkins University, Carey Business School
• Lamar University, College of Business
• New York University, Leonard N. Stern School of Business
• Rochester Institute of Technology, E. Philip Saunders College of Business
• Saint Joseph’s University, Erivan K. Haub School of Business
• Temple University, Fox School of Business
• University of Denver, Daniels College of Business
• University of Jyväskylä, School of Business and Economics (Finland)
• University of Notre Dame, Mendoza College of Business
• Willamette University, Atkinson Graduate School of Management
• York University, Schulich School of Business (Canada)
Learn more about the 2011 Business & Society International MBA Case Competition by visiting the Competition’s official website: www.AspenCaseCompetition.org.
The Aspen Institute Center for Business Education (Aspen CBE) equips business leaders for the 21st century with the vision and knowledge to integrate corporate profitability and social value. We help business educators incorporate issues of social and environmental stewardship into teaching and research by offering targeted resources, networks, and a platform to share cutting-edge practice among peers.
As part of the Aspen Institute Business and Society Program, Aspen CBE maintains close ties with over 150 MBA programs in 28 countries. Our websites draw over 100,000 visits monthly. Through dialogue and path-breaking research, the Program creates opportunity for executives and educators to explore new pathways to sustainability and values-based leadership.
The Aspen Institute mission is twofold: to foster values-based leadership, encouraging individuals to reflect on the ideals and ideas that define a good society, and to provide a neutral and balanced venue for discussing and acting on critical issues. The Aspen Institute does this primarily in four ways: seminars, young-leader fellowships around the globe, policy programs and public conferences and events. The Institute is based in Washington, DC, Aspen, Colorado, and on the Wye River on Maryland’s Eastern Shore and has an international network of partners.