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IE team wins 3rd prize at The Global Citizenship Challenge

On 1 April, a team of Instituto de Empresa (IE) students -composed of Van Culver, Russ Browder, Imke Buttkus, Alberto Ordiales, and Alex Corrie, all IMBA 2006– joined five U.S. business school teams for the finals of The Global Citizenship Challenge, held on the campus of Thunderbird’s Garvin School of International Management in Phoenix, Arizona. The team, sponsored by PwC & IE Corporate Responsibility Center and IE, outperformed 50 teams from other top business schools such as IESE, Columbia, and Harvard to earn the right to attend the finals, where they represented the only non-U.S. business school. IE’s team will donate half of their 3rd place prize to the Madrid chapter of Ashoka, an organization that identifies and invests in outstanding social entrepreneurs.

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Instituto de Empresa Global Citizenship Challenge Team: Van Culver, Russ Browder, Imke Buttkus, Alberto Ordiales, and Alex Corrie (left to right).
The Challenge, sponsored by Merck, The X-Prize Foundation, and Net Impact, is the largest global case competition in the world focusing on corporate citizenship, sustainability and international development. The final round question challenged teams to devise a way to facilitate cooperation amongst the private and public sectors in order to achieve the United Nations Millennium Development Goals. The IE team proposed an entrepreneurial approach, whereby a social enterprise would match complementary organizations with opportunities in developing countries and provide services to help maintain the partnerships.