MBA Team Wins First Place in P&G Sustainability Challenge
By Gilberto Millares (IMBA’13) from the BU MBA Student Life blog
Some of Procter & Gamble’s sustainability goals for the future include completely eliminating the waste they currently generate, using only renewable energy in all their facilities, and having environmentally-friendly products and packages. As you might guess, such endeavors present an extremely difficult challenge for a global company, so they are constantly looking for ways to make marginal or disruptive changes in their operations that allow them to be closer to achieving these goals. One of the ways they’re doing this is by sponsoring the P&G Gillette Sustainability Challenge, which brings together multidisciplinary teams from different Boston University schools and colleges and challenges them to come up with ideas that might be applied in P&G operations.
On April 12, eight teams consisting of undergraduate and graduate students from programs including engineering, public policy, biomedical engineering, and management had the opportunity to showcase their findings to a group of managers from P&G Gillette, Veolia, and NSTAR. We presented different ideas that would allow P&G to increase their renewable energy consumption at the South Boston Gillette site by making a business case for each proposed project.
While the format differed a bit from the standard case competition, the results were just as meaningful. Rather than diving into the project for 48 hours, we were given two weeks to find different approaches to help them achieve their goals. And even though it might sound like more than sufficient lead time, we had to fit several seminars into our busy schedules to learn about energy projects throughout the country and the world, research technologies that are being implemented in the industry, and find ways to link business and engineering aspects for each submitted idea—no easy task!
Finally, after all the teams had presented their ideas, we had a small reception as the judges made the final decision. First place was awarded to a team consisting of MBA and IMBA students (pictured above), as well as LEAP, mechanical engineering, and public policy students, who will now have the opportunity to present their pitch to a group of Gillette’s top managers. However, I think the most rewarding aspect of the competition was working with a truly diverse group of people that mimics the diversity and complexities of the business world.
Pictured: The winning team of MBA and IMBA students with the panel of judges from P&G Gillette, Veolia, and NSTAR. Group photo courtesy of the BU MBA Student Life blog.
Homepage image via flickr user Pylon757.