A team from the Indian Institute of Management Bangalore, comprising Rajat Mangla, Nakul Sehgal, Nitish Ranjan and Kshitij Chaudhary, secured the third position globally at the Integrated Leadership Case Competition (ILCC) 2016, held at Yale University between April 8 and 10.
The competition involved solving a complex live case based on the palm oil industry in Indonesia and presenting the final solution to a panel of judges comprising experts from both industry and academia, which included the former CEO of Pepsico International, Michael D White. The prize included the runners-up trophy, a cash prize and certificates of merit.
In the first round, teams were asked to submit a video, presentation or essay on integrated leadership and its impact on a real-life problem. The team from IIMB was shortlisted based on a written submission that focused on integrated leadership in the automotive industry in light of massive disruption caused by autonomous driving and cab aggregators. Fifteen teams from 11 countries qualified for the next round.
The second round was held at Yale University at New Haven, USA. The teams were given a case study to solve in seven hours. The case study was around solving the challenges created by palm oil production in Indonesia. The team from IIMB presented an innovative solution creating a comprehensive action plan for all stakeholders in the case study.
Based on these presentations, three teams were selected for the final round where they presented their solution to a panel of judges which included White, among others.
IIM Bangalore finished ahead of teams from Yale School of Management and MIT Sloan School of Management. The winning team was Asian Institute of Management from Philippines, and University of South California stood second.