May 9, 2008 - This April, five Kellogg
School students competed against peers from other top business
schools in the Walter V. Shipley Business Leadership Case
Competition. Kellogg came out on top.
The Kellogg team defeated the Columbia Business
School, University of Virginia's Darden Graduate School of
Business Administration, Harvard Business School, University
of Michigan’s Stephen M. Ross School of Business, NYU’s
Stern School of Business, Tuck School of Business at Dartmouth
and the Wharton School of the University of Pennsylvania.
Along with their triumph, the Kellogg students received a
prize of $20,000. The winning team was composed of Robert
Albright, Thien Nguyen-Trung, Seung Chul Seo, Chris Sert Yeo
and Justin Su (all ’09).
Albright, along with his team members, is
humbled by their recent victory.
“The case gave our team a unique opportunity
to take what we are learning in the classroom and apply it
to a complex, real-world business problem on social enterprise,”
he said.
This year’s case study focused on the
Environmental Defense Fund’s proposed negotiation strategy
with two private equity firms with plans to buy out a large
energy company.
The team said it worked diligently to calculate
the economic value of the Environmental Defense Fund’s
buyout deal and the minimum level of environmental concessions.
Through a collaborative effort, they presented a detailed
negotiation strategy to a panel of judges.
“This case competition has been one
of the most rewarding experiences of my time at Kellogg. I
am really pleased that that we had the opportunity to represent
Kellogg on a national stage,” said Albright.
Sponsored by JPMorgan Chase and the Aspen
Institute Center for Business Education, the Walter V. Shipley
Business Leadership Case Competition is designed to promote
awareness among MBA students about the impacts of business
management decisions socially and environmentally. The competition
honors Mr. Shipley, former CEO and retired board chairman
of Chase Manhattan Bank, for his leadership and commitment
to ethics in the workplace.
Nguyen-Trung delighted in “bringing
home the cup” for Kellogg. He believes that the school’s
emphasis on teamwork was a distinct competitive advantage
in sealing the victory.
“One reason we did well on this case
was our training to work well in teams, which is the result
of the Kellogg emphasis on collaboration,” Nguyen-Trung
said. “It was really interesting to see how our different
work styles and personalities interacted as we succeeded in
best leveraging individual members’ strengths.”