Wednesday, February 21, 2007

McKinsey Business Technology Case Competition

Today McKinsey announced their first business technology case competition. For a chance at $10K you can bet I'll be signing up. This past fall I competed in the Darden Innovation Challenge which was a great chance to evaluate Web 2.0 trends for financial services. My team didn't end up in the top 3 but two other Sloan teams competed in the finals. Hopefully, this will be another good learning experience.

The McKinsey Business Technology Challenge invites teams of 3-5 MBAs from Berkeley Haas, Kellogg, MIT Sloan, University of Chicago GSB, and Wharton to show how a breakthrough technology could transform one of the world's leading
companies. On Friday, April 13th, we'll reveal the technologies and companies.
Your team will then have 48 hours to develop a plan for how one or more of the technologies can create extraordinary value. The incentive? $10,000 for the Campus Winners and an additional $20,000 for the team that wins the National Competition, to be judged in New York on April 20. Plus, the winning team will receive the first-ever McKinsey Business Technology Prize. Interested? Save the date: April 13. We'll be sending you further competition details, including registration information, on March 1.

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