Zur Zeit wird gefiltert nach: Around Campus
This week’s blog is the final Part III from last week’s blog where I told you about the competition stage of the Karlsruhe Business Masters Challenge 2009.
…After many a coffee to keep me awake, it was announced that later that afternoon three teams would present in the auditorium in front of a panel of nine Judges and all other participants of the competition. The teams would be announced once we were all seated in the auditorium. You can picture the scene, twenty-seven excited, nervous and anxious participants walking through the streets of Karlsruhe to the auditorium, all discussing their chances of selection and their presentation strategies.
We all took our seats in the auditorium and the proceedings got underway, and the teams in the final showdown announced were from group 1; United States, group 2; India and group 3; Denmark…
My heart sank; we had not made the final three…
In times like these I always think of a saying I heard once which says that professional athletes make extremely good consultants, as they recover from their failures really quickly. Therefore, I decided to enjoy the rest of my time in Karlsruhe, network with some of the interesting people. After all the experience is what you make of it. So I sat back in my chair in the auditorium, relaxed and watched how the three finalists were grilled by the panel of judges, comprised of executives, senior management and professors.
At the awards’ dinner (which was an extremely stylish affair) in the Hotel’s banqueting room, the winner was to be announced. The rest of us all had our own personal take on who ought to win, but as in every competition the judges’ decision is the final say! The dinner was a lovely three course meal with matched wines for each course, an impressive evening. I had a number of good conversations with other participants about internship opportunities and particularly with one of the directors of the Centre of Innovation and Entrepreneurship about a start-up business incubator project.
Finally the time came for the announcement of the winner, 3rd place was taken by the United States, 2nd by India and Denmark won the competition. I was delighted, as I had felt they were the best team too. Everyone was congratulating the three teams and with just dessert still to go, the dinner part of the evening was coming to an end.
The after-party was held in a nearby c lub, of which an entire section was reserved just for us, including complete VIP treatment. It suffices to say that the party was awesome as everyone enjoyed themselves immensely, and a good few friendships were pursued into the early hours of the morning.
Although it has only been a few months since the competition, I am still in contact with some of the good people I met there and have in turn opened up a possible internship opportunity and the other opportunities are still out there waiting for me to find them. All in all the competition was a really positive, value adding and enriching experience which I would highly recommend to everyone.
This week’s blog is Part II from last week’s blog where I told you about seizing an opportunity and against odds making it into a reality, namely entering the Karlsruhe Business Masters Challenge 2009.
To our delight a number of weeks later we received an invitation to the Karlsruhe Business Masters Case Competition Final in November 2009, along with eight other teams from across the globe. The international flavor of the competition was set with a team from Finland, Denmark, China, USA, India and four German teams. The competition was to last three and half days, and no one was quite sure what we would be asked to do during those days. There was respectable prize money and prestige to be competed for. We were put up in an extremely comfortable 4 star hotel and were wined and dined on the first evening. Fun was had by all, but the anxiety level rose slowly too as we had no idea what kind of case we were going to be given the following morning to solve. Settling down to sleep I closely browsed through the itinerary for the next couple of days and realized that, goodness gracious me, we had a mere 24 hours to solve the case! Certainly a well-constructed pressured situation indeed.ööö The following day we had the case debriefing; we were to choose a mega-city and solve one of the city’s problems in the areas of energy or transportation. Our solution again was to take the form of a business plan with all the relevant financial statistics, marketing plan, sustainable essence, feasible realization and uniqueness—including a presentation of our conclusions. WOW!
Our team was given a room and all the necessary stationery to work on a solution. After much discussion we finally settled on an idea and worked on it at an intense pace until 3:30 am. After a couple of hours sleep we were back up and racing to meet the deadline with our presentation. Shortly before lunch we had to submit our presentations to the coordinators of the competition and pick up the presentation slots list. Low and behold we had been given the first slot to present our solution to the panel of judges. After a mere 45 minutes of practicing our presentation and grabbing a quick lunch, we lined up in front of a panel of five judges. The pressure was certainly there; all credit must be given to my team as we presented well and convincingly.
And then we had to wait and wait…
In next week’s blog I will tell you what happened…
This week’s blog entry is about seizing an opportunity and against all odds making it into a reality, which for me was entering the Karlsruhe Business Masters Challenge 2009. I will be providing you with a small anecdote of my experience. I suppose it’s best to begin at how I managed to get a team together for the competition. When I received the email that advertised the competition, I had not yet started my Master’s at EBS and hence knew nobody there.
The pre-case was really interesting; a team of three was required to develop a sustainable entrepreneurial business start-up concept that addressed one of the problems outlined in the case. The case in short was about a figurative city “Eco-city” which was holding a world sports event in 2012, was in the southern hemisphere, had a low average per capita income, high unemployment and the city itself had problems with air pollution, transportation and energy capacity and supply. Really a challenging and fairly realistic scenario was outlined in the case and the challenge of producing a pre-case solution stared me in the face.
I went into problem solving mode, the first hurdle and quite a significant one was my lack of team. It just so happened that I had begun correspondence with another incoming Masters student, DS. So I had another look at the pre-case which had to be prepared and spontaneously dropped an email to DS asking him if he was interested in participating and forming a team for the challenge. Thankfully he was keen and he had an idea for a third member too, which he managed to secure, MT. We now had a team of three members and were able to register to enter the competition.
DS and MT knew each other; I on the other hand had not met either of these characters in person. So through a good few Skype calls and many, many emails we got to know each other and prepared our pre-case solution. The challenging thing was that our submission was to consist, according to the rules of the contest, of only a five slide PowerPoint presentation, which had to convey our idea and business plan. Moreover we would never give the presentation, so we had to strike a fine balance between crowding too much information onto the slides and not putting enough on them. After working on the project for a few weeks on and off, the deadline quickly approached and the urgency and concentration increased significantly, and about 15 minutes before the deadline we completed our presentation and submitted it. Final touches always take a lot longer than one thinks! Next we continued with our lives while we waited and waited…
In next week’s blog I will tell you what happened…
- Wochenrückblick: Die ewige Exposition
- Wochenrückblick: Was das Eis uns lehrt
- Chinesisch für Anfänger - Part 1
- Chinesisch für Anfänger - Part 2
- Wochenrückblick: Die Unkalkulierbarkeit des Lebens eines Juristen als Wettervorhersage
- Chinesisch für Anfänger - Part 3
- Chinesisch für Anfänger - Part 4
- Wochenrückblick: Einen Moment, bitte
- Langeweile? Fremdwort!
- Was machen wir eigentlich? Also inhaltlich und akademisch?
- A few thoughts on searching for a specific Internship
- Die lieben "Tauschies"
- Buch? Skript? Bib? Wikipedia?
- Der typische Tag eines EBSlers I - die brutale Variante :)
- Der ganz (un-)normale Wahnsinn
- Der typische Tag eines EBSlers II - die „gechillte“ Variante :)
- Citi Group Business Knigge Seminar
- Hey everyone!
- "Woohoo, I'm there!"
- My first exposure to: the Cradle to Cradle design concept
- Introducing myself …
- The Amazing “New Philanthropy”
- Monday, Jan. 10th
- Dance 4 life …
- Tuesday, Jan. 11th
- Wednesday, Jan. 12th
- Ms. Orzala Ahshraf Nemat – More than a Leader
- Thursday, Jan. 13th
- Friday, Jan. 14th
- Back to business ...
- Neues Semester, neues Glück
- Business as usual
- Der frühe Vogel fängt den ... äh, die gewünschte Auslandsuni :)
- Und das ist erst der Anfang...
- Life@EBS... oder eben gerade nicht?
- Die erste nächtliche Arbeitssitzung an der EBS
- Getting ready for the middle country
- My Thoughts on Ethics
- Studentenalltag in Oestrich-Winkel
- „Pourquoi avez-vous choisi le Françasis?“
- Erste Vorlesungen und Company Presentation
- Introduction: Der Neue
- Das EBS Symposium 2010
- Reges Treiben auf dem Campus
- Synergizing Networking and Time-management
- Die Angebot des Symposiums
- Final Countdown
- Ein optimaler Start
- Networking Barbeque
- Die Sonne scheint!
- König Fußball
- Der argentinische Vize-Präsident und ich ...
- Opportunity Costs
- Symposium - unser „Erstes“
- The Turkish Night
- Imposanter Morgen
- Souveräner Schlusspunkt
- Gedanken zum EBS-Symposium (aus „Quietschie“-Sicht)
- Ein glückliches Team
- Reflections on my Master’s Thesis
- Career Forum
- Alltag @ EBS?
- Starting in China
- Class Composition
- What is “Green” in 200 words?
- First impressions
- Karlsruhe Business Masters Challenge 2009: Part I
- In Focus: Incentives
- Internship Hunting
- Karlsruhe Business Masters Challenge 2009: Part II
- EBS Bachelor Blogger: Maike
- Supply Chain Management at EBS
- The Path of a Leader
- Funding Options
- Karlsruhe Business Masters Challenge 2009: Part III
- Why I Chose to Study Abroad in Spain
- Getting Organized
- My First Week in Spain
- Strategy and Organization