June 12, 2008

UCLA Anderson Team Wins CEIBS innovateCHINA Global Innovation Challenge

Team developed plan to aid China's non-profit organisation (NPO) sector


CEIBS winning teamSHANGHAI - UCLA Anderson has been victorious in yet another competition, with the team of  Julia Zhu (M.D., Ph.D.,  MBA ’09), Chris Bishop (MBA’09) and Alex Nouel (MBA’08) winning the grand prize in this week’s CEIBS (China Europe International Business School’s) innovateCHINA Global Innovation Challenge.  The team received RMB 15,000. They also took home a first round prize of RMB 15,000. 

The team came up with the best plan for how EVOC Intelligent Technology Co. Ltd, could spend 100 million RMB on an innovative and sustainable CSR project that reflects the company’s values and capitalizes on its core competencies. They had 48 hours to do the job.

The teams pitched their ideas then faced tough questions from the panel of judges and experts. The UCLA Anderson team’s plan focused on alleviating the shortcomings in China’s underdeveloped non-profit organisation (NPO) sector by developing a mechanism to multiply the effect of the 100 million RMB EVOC Foundation fund for maximum social, economic and environmental benefit. They proposed the development of the EVOC Institute to train managers of NPOs, complemented by the EVOC Grant that would provide support to EVOC alumni after they completed the one- to two-week course.  Judges noted that the overriding factor that gave UCLA’s team the edge was the sheer impact their proposal would have.

The final round featured seven teams selected from 82 entries that represented the world’s leading business schools including Harvard, London Business School, MIT Sloan and INSEAD.  Top Asian schools such as Tsinghua SEM, Fudan IMBA, and Shanghai Jiao Tong University MBA were also represented.

About UCLA Anderson School of Management
UCLA Anderson School of Management, established in 1935, is regarded among the very best business schools in the world.  UCLA Anderson faculty are ranked #1 in "Intellectual Capital" by BusinessWeek and are renowned for their teaching excellence and research in advancing management thinking. Furthermore, the finance faculty is ranked #1 in research publications in the four leading peer-reviewed journals by the Financial Management Association. Each year, UCLA Anderson provides management education to more than 1,600 students enrolled in MBA, Executive MBA, Fully-Employed MBA and doctoral programs, and to more than 2,000 professional managers through executive education programs.  Combining highly selective admissions, varied and innovative learning programs, and a world-wide network of 35,000 alumni, UCLA Anderson develops and prepares global leaders.

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