Global Business Challenge 2015

DEADLINE: June 26, 2015

Official Rules – 2015 Global Business Challenge.

The Global Business Challenge (the “GBC”) is being conducted as a partnership between Queensland University of Technology, The University of Queensland and Griffith University and with the support of government and industry. The 2015 GBC is organised and hosted by Queensland University of Technology Graduate School of Business (the “Organisers”).

The organisation of the GBC is aided by the support of an Advisory Board which includes representatives of the partner institutions and government, in addition to a Technical Advisory Committee of pre-eminent experts as well as student volunteers.

Eligibility

Team Members

Participating students within a team must meet the enrolment criteria being either:

1. Currently enrolled in an eligible program of study OR
2. have been enrolled in an eligible program of study  during 2014.

An eligible program is any business or technical discipline based postgraduate program of study (such as MBA, Masters Degrees or other relevant post-graduate degree programs in business or technical disciplines).

Proposed team members not meeting these criteria may only participate with special permission of the organisers.

Team Composition

Team membership shall comprise a minimum of three  (3) student members and a maximum of four (4) student members plus a  nominated alternate member in the event of illness of one of the core team members.

For teams to be as competitive as possible we strongly encourage a multidisciplinary approach with teams comprising students across multiple disciplines where possible.

Collaboration

Teams are encouraged to collaborate to the extent necessary to ensure they have designed a proposed solution of maximum impact related to the stated challenge.

This collaboration may be achieved in a number of ways:

• Teams may include eligible students from multiple universities or graduate business schools
• Teams must have a coach who is a staff member of a represented university. The role played by the coach is entirely up to the team.
• Teams may collaborate with one or more mentors/advisors such as technical or business experts
• Teams may include one or more technology solutions from one or more organisations including universities, research organisation or industry organisations.

In order to maintain the integrity of the competition, collaborators are limited to providing expert business or technical guidance or advice and other similar indirect assistance and are NOT permitted to assist in authoring or directly preparing any material submitted by Teams for judging in the competition.

Any team not adhering to these limitations on collaboration may be deemed by the organisers as having breached the competition Code of Conduct resulting in disqualification in not adhering to the spirit of the competition.

Competition Guide

Subsequent to registration, teams shall be provided with a Competition Guide.

The challenge brief is a practical guide to teams to assist with:

• Team member selection
• Approaches to collaboration
• Selection of technologies for inclusion in solution design
• Solution design considerations
• About the Challenge for 2015
• Round 1 submission material
• Round 2 submission material
• Judging criteria
• Judging process

Competition Format

The 2015 GBC competition format comprises two competition rounds:

Round 1: Virtual Elimination Round

• Teams are required to prepare a 5 page Solution Summary and video presentation of their proposed Solution.
• A template for the Solution Summary will be provided in the Competition Guide subsequent to registration.
• Video presentations are to be a maximum of 15 minutes in duration.
• Presentations will be placed on a YouTube G20GBC channel by the Organisers for the judge’s secure access.
• As judging for Round 1 is a blind judging process, both the Solution Summary and the video presentation are to have no identifiers as to sponsoring university(ies) name or names of individual team members. Teams are to reference the Team Name ONLY .
• Subsequent to completion of Round 2 judging all team submissions from Round 1 and Round 2 will be placed on the Team profile page for public access.

Round 2: Final

• Teams will be allocated to one of six (6) judging 'pools'. The winner of each pool will have the right to compete in the finals.
• The Finals will be conducted in Brisbane and will comprise an intensive 2 day lock-in phase.
• At the commencement of the lock-in period, finalist teams will be provided a defined series of constraints in relation to their proposed solution and which represent scenarios that may limit or otherwise impact the adoption of the proposed solution. These constraints may represent a series of technological, regional, industry, environmental, regulatory, market or other constraints that in the opinion of the technical committee may impact the implementation of their solution.
• During the 2-day lock-in phase, teams will develop a 50 page (maximum) Implementation Plan and prepare a Board-level presentation. A template for the Implementation Plan will be provided at the commencement of the lock-in phase.
• Teams will be provided with two (2) laptop computers per team. Teams may also use their own laptops if desired.
• In order to maximise the real-world nature of the competition as well as the desire to ensure proposed solutions are of the highest quality possible, teams will have full Internet access and may communicate with any collaborator. Teams may bring into the preparation rooms pre-prepared material and/or research material on USB drives.
• At the end of the preparation time, Teams will copy all presentation material to two (2) USB flash drives provided by the organisers. Note that the USB drives will not be returned to the teams. A copy of the presentation files will be emailed to the coaches at the conclusion of the event.
• The presentation files will be provided to the judges in both soft and hard copy formats.
• The implementation plan and the Presentation is to be submitted by 6pm on Day 2 of the Lock-in.
• Presentations to the judging panel shall be 20 minutes in duration with a 30 Minute Q&A.

Judging

Judges are members of the Australian and global business community as well as financial and technical experts selected by the organisers and the advisory board.

The judging panel will be comprised of different judges for each round of the competition.

Judging for Round 1 is a blind judging process. Teams are to ensure they remove all reference to their University and names of any of the team members in their presentation. Teams who do not remove all such references will be penalised 10% of the assessment score.

Round 2 (Finals) requires assessment of the technical, business and finance models underpinning a teams proposed solution. This will be judged from the two deliverables by Teams: the Implementation Plan and the Presentation.

The Chair of the judging panel will chair the question period, lead the deliberations, cast the decisive vote in the event of a split panel and prepare an evaluation sheet for each team’s confidential use once the result has been determined.

The chairman shall not score teams unless in the event of a tie.

A copy of Judging Criteria will be provided to each team as part of the briefing material subsequent to registration.

Tie Breaking

In the event two teams have the same scores at the conclusion of Round 2 then a combined score to include Round 1 scores may be taken into account.

Intellectual Property

Entrants are not required to be the original creators, inventors, or owners of the intellectual property underlying their proposed solutions. However, teams that rely on intellectual property that has been created or invented or is owned by a third party (“Third-Party IP”) must obtain written permission from any such third party to use the Third-Party IP as part of their propsoed solution.

Such permission should include not only the general right to rely on the Third-Party IP as a basis for the teams proposed solution, but should also include the right to reference or reproduce any figures, images, etc., that are included in the business plan. Full attribution should be given whenever an entrant relies on any Third-Party IP.

Such reliance of information provided by Third-Party IP Providers to Teams does NOT confer on the Team members, their host organisation(s) and any other person or organisation, or the Organisers any other rights to that IP whatsoever.

Original work developed by teams (excluding any Third Party IP Rights) in preparing their proposed solution is to be made freely available to team collaborators.

Fees

• Team Registration: NO COST
• Technology Providers: NO COST, Technology providers are able to promote their technology for consideration as part of a teams solution.

Financial Assistance for Finalist Teams

Non-Australian teams selected for the finals shall be eligible for financial assistance towards airfares up to the value of $AUD 12,500 per team.

General

The 2015 GBC is intended to fulfil two objectives:

1. Identify real potential implementable solutions to a global business challenge and
2. Providing a learning experience for the students that will encourage healthy competition, professionalism and interaction by our future business leaders, both amongst themselves and with the business community.

The rules and guidelines are not all encompassing and situations may arise that have not been covered. It is the expectation of the organisers and of the advisory board that any issues or disputes will be resolved in the spirit of the competition.

Disputes

Any concerns or disputes regarding the implementation of these rules must be brought to the immediate attention of the organizer. In exceptional circumstances, a body made up of at least one of the organizers and the chairperson of the advisory board or his assignee and at least two other members of that board will be available to settle disputes.

However, please note that THE DECISION OF THE JUDGING PANEL IS FINAL, AND IS NOT SUBJECT TO REVIEW.

Source: Global Business Chalenge 2015

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