The 2012 Holland America Line Global Case Competition involved 48 hours of intense analysis of sludge, soil remediation, and joint ventures in China. The case for the November 17th competition was Phase Separations Solutions (PS2): The China Question, and over 60 Foster School undergraduates teams were asked to recommend a course of action regarding PS2’s opportunities in China.
Teams were asked to tackle difficult questions in the charge and even more challenging ones from the panels of corporate and faculty judges: Which JV option should they pursue? What challenges are posed by partnering with the government? What about intellectual property theft? What are the bankruptcy laws in China?
Among these teams were sixteen Foster School Freshmen Direct students. They made up their own track in the morning rounds and competed for a $500 prize. The panel of judges for the Freshman Direct Track was impressed by the ease with which these teams presented and the depth of their research and analysis after only a few months at the Foster School.
I had the opportunity to sit down and talk with the winning team of the Freshman Direct Track about their experience. Here is what the winning team members Tim Kim, Barrett Stapleman, Erik Meister, and Ben Hagen had to say:
What did you learn? Lots of different business terminology; how to prepare, conduct research and how to play the role of a consultant; we learned what a real business presentation looks like, and how to creatively think on our feet.
What did you take away from watching the upperclassmen presentations in the Final Round? Teams need to know everything inside and out – the numbers, the strategy, the facts. The organization of their PowerPoint presentations was impressive, and the team members all presented in a professional tone that was very direct, clear, and to the point.
What was the most challenging part? Time management, researching obscure aspects of the case, and the formulation of the actual presentation – how to include relevant content without overwhelming the slide – were all difficult.
What would you tell other students? Even if you don’t have any background in case competitions, it is a good learning experience to throw yourself into this difficult situation. Just attack it. You will learn skills that will prepare you for the future like time management, presentation skills, and teamwork. Just go out and get involved.
Will you compete again? Yes!
The Global Business Center would like to give a special thanks to our sponsor of this year’s competition Holland America Line. To learn more about the Holland America Line Global Case Competition, visit the Global Business Center website.