Competing Well, Doing Good
List of external CSR-focused MBA competitions
2007
Berkeley MBAs Place 2nd in Sustainable Venture Capital Competition (SVCIC)
Berkeley
MBAs Take First in Net Impact Case Competition
Haas Students Compete in Spring CSR Competitions
2006
Haas MBAs Take First Place at JP Morgan's Good Venture Competition
Winner Selected at Second Annual Undergraduate CSR Case Competition
Haas MBAs Compete in Spring CSR Competitions
2005
Winner Selected at Inaugural Undergraduate CSR Case Competition
Haas MBAs Wins Global Ethics Challenge at Thunderbird
Berkeley
MBA Students Place Second in Sustainable Venture Capital Competition
March 2007 - A team of Berkeley MBA students
took second prize at the invitation-only Sustainable Venture
Capital Investment Competition (SVCIC), held March 30 and
31 at the University of North Carolina's Kenan-Flagler Business
School.
Full-time MBA students Takufumi Kawane, Luke Dunnington, Michael Pearce, and Danae Ringelmann, joined with Evening & Weekend MBA student Hitesh Parashar to beat out Harvard Business School and Wharton for the $1,000 second prize. The Kellogg School of Management won first place.
The competitors played the role of venture capitalists, implementing double and triple bottom line evaluation techniques, which assess business, social, and environmental impact, to make investment decisions on the real business plans of social entrepreneurs. The students evaluated four companies from a range of industries and social impact and were judged by venture capitalists on their investment decisions.
Team member Parashar attributes their strong showing to keeping an open mind and engaging in open debate. This resulted in high praise from the judges. One praised the team for having the only term-sheet that was ready to use with an entrepreneur and one said the team's presentation was "a great way to sell the value of your fund to the entrepreneurs."
February 2007 - A Berkeley MBA team successfully
balanced sustainability and profitability to take first place
at the sixth annual Net Impact Case Competition, held at the
University of Colorado’s Leeds School of Business in
Boulder on February 23-24.Rob Kaplan and Nick Spicer, both MBA 07, and Jeff Denby and Iris Rave, both MBA 08, impressed a panel of judges featuring senior executives from Shell, IBM, and Sun Microsystems with their two-year business development plan for Shell Wind Energy. The Haas team won the $3,000 top prize.
York University’s Schulich School of Business placed second and Michigan State University’s Broads School of Business placed third, out of a finalist field of 20 teams that included such schools as the University of Michigan’s Ross School of Business and Northwestern University’s Kellogg School of Management.
The Berkeley MBA team qualified for the finals with their "BREATHE" marketing campaign, which positions Honda as synonymous with environmental leadership. Theresa Finn, MBA 08, participated in this preliminary round. Their winning strategy at the finals positioned Shell Wind as member of civil society through a triple bottom line framework, a tool learned in the Center for Responsible Business’ "Strategic CSR" course that assesses the financial, environmental, and social impact of business decisions.
December 2006 - Four Berkeley MBA students took home
the top prize at the first annual JP Morgan Good Venture Competition
in the graduate division.Launched in the fall of 2006, Good Venture is a socially responsible case competition that invites students from around the country to submit funding proposals on behalf of various nonprofits. Winners of the competition secure funding from JP Morgan for the nonprofits in their proposals.
Working under the guidance of Kellie McElhaney, executive director of the Center for Responsible Business, Julia Gilfillan, Ellie Kelly, Rob Kaplan, and Shaolee Sen, all Full-time MBA 07s, beat out 65 other graduate teams from 41 schools, including Harvard, Northwestern, and the University of Chicago. Their chosen nonprofit, Lenders for Community Development, will receive a $25,000 donation from JP Morgan.
The Lenders for Community Development, based in San Jose, Calif., provides individuals and families in the Bay Area with the financial tools and training needed to help them build assets such as a home, a small business, or an education. "This award will support our clients as they gain financial management skills, build assets, and create long-term financial independence," says Eric Weaver, the executive director of Lenders for Community Development.
At the competition finals held on
November 30 and December 1, 2006, six finalist teams met at
JP Morgan's New York headquarters to present their cases before
a panel of judges that included investment bankers and a member
of the JP Morgan Foundation. The Haas School team, all of
whom have all worked in nonprofits, pitched its cause in a
45-minute presentation. The winning team was announced at
an awards ceremony following dinner.
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The Center and Gap Inc. co-hosted the competition, won by Jessica Chen, Howard Cho, Morgan Kyauk, Michelle Taing, and Jacqueline Yu, who were awarded $1,000 from Gap Inc. They competed against four other finalist teams, selected from the eleven original teams of Berkeley Undergraduate students who entered the competition.
Finalists presented
their solutions to the case to a judging panel comprised of
Gap Associates Chris Wrede and Monica Oberkofler; Professor
Priya Raghubir; Lecturer Lynn Upshaw; Center associate director,
Katharine Brewer; and Seth Bindernagel, MBA 2006.
The Center also support the team of first-year MBAs - Robert Kaplan, David Good, Julia Gilfillan, Colleen Kearns, and Ayesha Khan - at the Garvin School of International Management's Second Annual Global Citizenship Challenge on March 31. The Global Citizenship Challenge is the largest global case competition in the world focusing on corporate citizenship, sustainability, and international development. The competition brings together 100 teams from more than fiteen countries.
The Center also sponsored a team of four at the 5th Annual Net Impact/Leeds International Case Competition hosted by Leeds School of Business at the University of Colorado. The Leeds/Net Impact Case Competition challenges teams to formulate sustainable and profitable solutions to a current company’s business issue. The team consisting of Robert Kaplan and Sami Iwata, both first-year MBAs, and Grethe Peteresen and Darren Miao, both second-year MBAs, identified a successful growth strategy for US carpet manufacturer Tandus that would allow it to remain a leader in sustainability and achieve its financial goals over the next five years.
The Center for Responsible
Business (CRB) and Gap Inc. co-hosted the competition, won
by Kelly Coyne, Kirby Koo, Min Young Oh, and Corey Robins,
who each received $200 and a Gap gift certificate. They competed
against four other finalist teams, selected from the sixteen
original teams of Haas undergraduate students t
hat entered
the competition.
Finalists presented their recommended strategies to a panel of five judges: Marcus Chung, MBA 04, manager of Public Affairs for Gap Inc.; David Levine, professor with the Haas Economic Analysis and Policy and Organizational Behavior and Industrial Relations groups; Kellie McElhaney, CRB executive director and adjunct assistant professor; Ryan Trammell, MBA 05, who will be working at Gap Inc. in the fall; and Chris Wrede, director of Public Affairs at Gap Inc. Dan Henkle, VP of Global Compliance at Gap Inc. delivered the competition's keynote address.
Given the success of this year's event, the Center for Responsible Business plans to make the competition an annual event, according to program manager Joanna Trammell.
The competition, which took place in April, attracted 56 MBA teams from business schools around the globe, including UCLA's Anderson School, Kellogg School of Management, University of Southern California's Marshall School, HEC Montreal, and London Business School. UCLA and London Business School won second and third prize, respectively. The winning Berkeley "Jackrabbits" team included Aaron Ackermann and Steve Hardgrave, both MBAs 05, and Seth Bindernagel, Kirsten Tobey, and Eric Potts, MBAs 06.
Competitors were challenged to develop socially responsible solutions to real business dilemmas. For the finals, five teams developed strategies to help Tyco International instill a sense of ownership in its new corporate ethics program across a large number of divisions. The top three teams won cash prizes of $5,000, $3,000 and $1,000, and each donated half of the prize to their charity of choice. The winning Jackrabbits donated half of their $5,000 prize to BAYCAT, the Bayview Hunters Point Center for Art & Technology.
List of External CSR-focused MBA Competitions
JP Morgan's Good Venture Competition
Leeds Net Impact Case Competition (University of Colorado, Boulder)
Race & Case Competition (Daniels College of Business, University of Denver)
Social e-challenge (Stanford University)
Sustainable
Venture Capital Investment Competition (SVCIC) (Kenan-Flager,
UNC)
Thunderbird Sustainable Innovation Summit (Thunderbird Graduate School of Management)