As spring approached once again, a team of Lazaridis MBA students took part in the coveted Aspen Case Competition. Founded in 2009, the Aspen Institute’s Business and Society International MBA Case Competition provides an opportunity for over 1,000 MBA students from 25 leading business schools over three rounds to reflect on the significant influence and positive impact a well-managed business can have on society. The students applied their skills and expertise in order to create an implementation plan for the Connecticut Green Bank (CGB). We congratulate the team on their success and hope to keep Lazaridis MBA on our path of greatness.
Sarah French is one of our MBA candidates that participated in the event this Spring and wrote about her experience:
The Aspen case competition was a unique experience that our team valued in not only learning, but working together. Professor Barry Colbert planned a preparation session on what to expect, while still not giving too much away. His expertise in sustainability and his theoretical models were supportive leading up to the case competition. Laurier teams were given the case competition on Friday, and had 72 hours to complete it.
It was a new experience, with a topic we had never looked into before: the Connecticut Green Bank (CGB). We learned about the history of Connecticut and how green banks can fund sustainable initiatives, such as renewable energy programs. Each team member brought different experience to the table. One of the most enjoyable aspects of working on the case was working with a new group of individuals that had different backgrounds and spending the weekend hustling to get a report done on a completely new topic. It was a great opportunity for us to apply our knowledge of sustainability models to a business problem and be creative about expanding CGB’s programs. As well, the competition against our colleagues was exciting. After the submission, we were all chatting about the different implementation plans we had come up with.
Barry organized a panel of judges to review the Laurier submissions. Our team placed first at Laurier, which was exciting! Our submission was then sent to the Aspen Case Competition against 25 other schools. The top 5 teams get invited to New York City to present their solutions to a panel of judges. Unfortunately, we just missed the cut with a 6th place finish, receiving honorable mention. Barry received numerous e-mails on how well we did from the judges and CGB, which he said he has never seen before. It was a fun and competitive process and we would enjoy more opportunities like this in the future.
Congratulations to Sarah and her team on their consistent hard work and achievement.