Foster Evening MBA students Naveen Ahmed, Kayla Erickson, and Garin Wedeking took first place in their division at the International Business Ethics Case Competition (IBECC) on April 23 in New Orleans.
The International Business Ethics Case Competition is the premier international competition of its kind. It is jointly sponsored by the Ethics & Compliance Officer Association, the Center for Ethics and Business at Loyola Marymount University, and the Opus College of Business of the University of St. Thomas in Minnesota.
Foster MBAs competed in the full presentation competition. The team identified an ethically-problematic issue and designed a presentation to address that issue. They picked the use of technology at Uber. In their presentation they explained the legal, financial, and ethical dimensions of the issue and recommended a solution that addressed all three dimensions. The presentation was judged by professional corporate ethics and compliance officers. The purpose of the competition is to show students it is possible to do business profitably while acting ethically.
According to Elizabeth Umphress, associate professor of management at Foster, “The team was extremely well-prepared, and did a fantastic job!”
A team of MBA students from the University of Washington Foster School of Business took third prize at the fifth-annual MBA Case Competition in Ethical Leadership at Baylor University November 18.
The competition challenges MBAs to demonstrate ethical leadership in a practical business dilemma. This year’s case was based on a recent, real-world, ethics scandal. Teams were charged with creating a path for News Corporation to rebound from its phone-hacking mess and reemerge as an ethical leader in the media industry.
The Foster team of second-year MBAs Krister Fardig, Jeremiah Marks, Jesse Robbins and Henry Vogler recognized that no cosmetic fix would do the job. To address the root problem—an organizational issue with ethics—they recommended that News Corp directors implement what they called the “audit and continuous improvement of ethics (ACE) model.” This external and internal auditing process enables increased accountability, increased visibility and better performance when it comes to managing ethical behavior.
Robbins, a veteran of three case competitions as an undergrad at the Foster School and five in his first year of the Full-Time MBA Program, said that the team was well prepared by the program’s rigorous core curriculum. He also credited Foster’s business ethics professor Scott Reynolds, who armed the team with an ethical framework that helped them identify the solution that hit closest to the sweet spot where technology, strategy and ethics intersect positively.
The Foster MBAs competed with teams from Auburn University, Baylor University, Iowa State University, Pepperdine University, Texas A&M University, University of Florida, University of Illinois, University of Iowa, University of Minnesota and University of Texas. Illinois and Florida took first and second places.
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