IIM- Lucknow wins the second edition of Accenture’s B-School Challenge 2018

IIM- Lucknow wins the second edition of Accenture’s B-School Challenge 2018. Digital is transforming companies across the globe to raise their game and be more than. Digital technologies are changing the world as never before. Accenture helps clients pivot from thinking digital to being digital at the core.

This includes interactive experiences that captivate customers, new intelligence that is applied across every industry, function, and process, and the Digital Reinvention of Industry through smart, connected, products, services, plants, and workers.

Accenture’s B-School contest is a celebration of ideas from talented youngsters like you. It is also an excellent opportunity for you to learn practical business skills from industry experts and help companies unleash the benefits of digital transformation.

In the second edition of recently organized Annual Accenture B-School Challenge, a team of the Indian Institute of Management (IIM) Lucknow has won the first prize out of 10 business schools. According to the reports, more than 5,000 students of 10 premier business schools participated.

IIM Ahmedabad, IIM Lucknow, IIM Bengaluru, IIM Calcutta, IIM Kozhikode, Jamnalal Bajaj Institute of Management Studies, S. P. Jain Institute of Management and Research, Indian School of Business, FMS and Xavier School of Management were among the participants. The team from IIM Ahmedabad won the second prize while the team from IIM Kozhikode secured the third rank.

The challenge was aimed at identifying disruptive ideas, and top talent for the digital economy, and was focused on the theme of ‘Business Innovation in the NEW. In the challenge the best strategists to help you refine your strategy and build business skills, and also earn valuable professional experience to boost your career. The top three winning team members received a pre-placement Interview opportunity with Accenture, besides other prizes.

The challenge kicked off on August 21, 2018, across campuses, concluded in a grand event in New Delhi where the top 10 teams from each campus presented a case study on disruptive digital strategy for a company centered around Innovation.

This year, the challenge was divided into four stages: rapid-fire online quiz on business, Accenture, digital and general knowledge related topics; business simulation where students stepped into the role of a CEO to make their company profitable; case study challenge on a disruptive digital strategy for an industry and finally, the grand finale in New Delhi where top teams battled it out on an overnight case study challenge.

1700 teams participated in the online quiz, of which 15 teams were selected per campus for the second round. Five teams made it to the third round and eventually one team per campus was chosen in the final round.

In each round, the participating teams demonstrated their innovative ideas to reshape businesses for the digital era in all aspects such as customer experience, internal operations, and the business model.

The jury that decided the top three teams included:

• Sanjay Dawar, Accenture Capability Network India Lead, Products Global Capability Network Lead, Accenture;
• Rohit Thakur, managing director – Human Resources, Accenture in India;
• Avnish Sabharwal, managing director – Accenture Ventures in India;
• Arati Deo, managing director – AI capability for Accenture Technology;
• Nitin Bawankule, Country Director, India, Google Cloud;
• Prof. Janat Shah, Operations & Supply Chain Management at IIM Udaipur;
• Anuj Tiwari, CEO of Digital Business for Aakash Institute;
• Srinivasan Iyengar, COO at Reliance Nippon Life Insurance
• Rajeev Batra, Group CIO, BCCL.

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