The second edition of the annual Accenture B-School Challenge is out and IIM Lucknow grabbed the first prize. The names of the winners were declared on October 15. The major objective of the challenge was to identify the disruptive ideas and the leading talent for the digital economy. The theme on which it was focused is ‘Business Innovation in the NEW.’
The participants in this annual competition were above 5000 students from 1700 teams of 10 highly reputable business schools in India.
The first prize was givem to the team from Indian Institute of Management or IIM Lucknow.
The first runner up team was from IIM or Indian Institute of Management Ahmedabad and the second runner up team was from IIM or Indian Institute of Management Kozhikode. The three top most leading team members have got the golden chance of a pre-placement Interview with Accenture and this offer was apart from the other prizes.
Among the participating schools, there were IIM Ahmedabad, IIM Calcutta, IIM Bengaluru, IIM Lucknow, ISB(Indian School of Business), IIM Kozhikode, JBIMS (Jamnalal Bajaj Institute of Management Studies, FMS (Faculty of Management Studies), S. P. Jain Institute of Management and Research and XLRI (Xavier School of Management).
In this year, the challenge consists of four stages and these are rapid-fire like online quiz on the topics related to business, Accenture, digital and general knowledge; business simulation in which the students were supposed to get into the role of a CEO and act smartly to bring profitability to the company; challenge of case study on a disruptive digital strategy for an industry and the fourth one was the grand finale in New Delhi in which top ranked teams participated on an overnight case study challenge.
There were total 1700 teams that have taken part in the online quiz from which only 15 teams were short listed per campus for the second round. After the completion of the second round, only 5 teams were chosen for third round and later on only one team from every campus was selected in the final round.
In every single round, the teams have shown their creative skills and devised ideas to restructure the businesses from all the parameters for the digital era. These factors include customer experience, business model and internal operations.
The jury has taken the decision of the top three teams and these are:
- Sanjay Dawar, Accenture Capability Network India Lead, Products Global Capability Network Lead, Accenture;
- Rohit Thakur, managing director – Human Resources, Accenture in India;
- Avnish Sabharwal, managing director – Accenture Ventures in India;
- Arati Deo, managing director – AI capability for Accenture Technology;
- Nitin Bawankule, Country Director, India, Google Cloud;
- Prof Janat Shah, Operations & Supply Chain Management at IIM Udaipur;
- Anuj Tiwari, CEO of Digital Business for Aakash Institute;
- Srinivasan Iyengar, COO at Reliance Nippon Life Insurance
- Rajeev Batra, Group CIO, BCCL.
Digital technologies are on the path of transforming the world like never before. Accenture helps to enhance the thinking of the clients and realize them about the positive impact of digitalization at the core. This consists of the interactive experiences that drive the customers, advanced technologies that are applied across the industry, the Digital Reinvention of Industry through products and services.