(Left to right) Russell Weir,Ed Chao,|
Walter V. Shipley, Tony Pandjiris and
Michigan Business School Students Win $20,000 First Prize
Walter V. Shipley Business Leadership Case Competition focuses on ethical challenges.
ANN ARBOR, Mich. What would you do if you were Roger Deromedi, CEO of Kraft Foods Inc., which is facing a number of marketplace challenges, including increased competition and negative publicity related to the nation¿s obesity epidemic.
This was the case posed to participants in the Walter V. Shipley Business Leadership Case Competition, ¿Meeting Ethical Challenges in the Business World,¿ held in March. University of Michigan Business School students proposed the award-winning case solution and won the $20,000 first-place prize.
Launched in 2002 at the Columbia, Stern and Wharton Business Schools and sponsored by JPMorgan Chase, the competition honors Walter Shipley, retired chairman of the board of the Chase Manhattan Corporation and the Chase Manhattan Bank, his leadership, and the importance he placed on the social and ethical impacts of business decisions. For 2004, in addition to the original three schools, the competition invited students from Darden, Kellogg and the University of Michigan.
The Michigan Business School team included first-year MBA students Tony Pandjiris, Ed Chao, Karimah Malcolm and Russel Weir. Teams within each school were asked to analyze the case presented and explain the course of action they would take as manager. Written analyses were evaluated by professors at each ¿home¿ school. MBS judges included professors Jerry Davis, David Hess and Jim Walsh. Professor Tim Fort served as faculty adviser. After the first round of judging held within each school, the winning teams moved on to the interim round, where a panel of judges, including Shipley, individually scored the analyses.
The Michigan, Darden and Wharton teams competed in the final round held in New York. In front of an audience that included senior managers from JPMorgan Chase and invited guests from the schools, Michigan claimed the top spot and the $20,000 prize. The Business School received an additional $5,000.
For more information, contact:
Mary Jo Frank