Johns Manville has generously donated $25,000 in support of the 2013-2014 LeedsNet Impact Case Competition (NICC). The NICC is the premier case competition built around businesses facing sustainability challenges while succeeding financially. The competition attracts top rated business schools and future industry leaders to Boulder for a two-day event. For thirteen years running, the NICC has brought together students, executives and businesses that share a common commitment to sustainable business practices and financial returns.
Tim Swales, VP of R&D and Chief Sustainability Officer at Johns Manville, explains why they decided to sponsor the competition this year: “It fits with our sustainability efforts, and it’s part of our effort to reach out and strengthen our ties with local Colorado schools.” Tim goes on to say, “Sustainability is becoming increasingly important to many of our key stakeholders, and companies can either choose to embrace this opportunity or ignore it. We’ve chosen to embrace it.”
The Leeds Faculty Sponsor is CESR’s own David Payne, instructor of the core MBA classSocially Responsible Enterprise. Dave is also the faculty advisor for theNet Impact Clubon the campus, a network of MBAs, graduate students and professionals dedicated to mobilizing a new generation to use their careers to drive transformational change in their workplaces and the world.
“We’re thrilled to have Johns Manville as a sponsor of this year’s competition,” says Dave, “In its 150+ year history, JM has faced numerous social and environmental challenges, and over that time have come to see the businessopportunitiesthat arise from ‘beyond compliance’ strategies. Sponsoring this year’s competition is consistent with Johns Manville’s commitment to integrating sustainability with industry-leading R&D efforts.”
The competition is broken down into three rounds. The first round, which takes place in December, consists of an online submission of a short deck formatted PowerPoint presentation. The submission requires teams to creatively analyze a particular issue (not the same for the final rounds). Teams, which consist of four students, will have two weeks to complete the case and return the deliverable for judging, which will be done by Colorado business professionals and professors.
The semi-final round happens on a Friday and Saturday, February 21-22 and consists of the top 20 teams from the first round. The 20 teams will be divided into five groups and compete against other teams for a spot in the final round. Teams will be given the semi-final and final round case, which is the same, before they arrive in Colorado. Once in Colorado, the teams will be given an opportunity to ask Johns Manville representatives questions that may impact their case analysis. On Saturday morning of the competition, teams will present their PowerPoint presentations to a first set of judges. Of the 20 teams that advance to the semi-finals, five teams will qualify for the finals. The finals round, open to the public, will have teams giving their presentation to a new set of judges. The top three teams will be awarded cash prizes $10,000, $5,000, and $2,500, respectively. The finals judges will be comprised of top leadership from sustainability, real estate and academic fields.