World’s largest business innovation competition with over 100 sponsors and 400 teams
It is the world’s largest innovation consulting competition, started in 2006. Within 8 weeks, 5 graduate student teams from the top universities across the world, apply cutting edge innovation approaches to solve a real innovation and growth challenge from a senior executive of a major company. It is co-sponsored by the Global Innovation Management Institute and managed by the IXL Center.
Compared to others, it is not a competition to crowdsource ideas. It is a competition with a disciplined process and tools that creates meaningful outputs that companies can take real actions on. The process is setup differently with teams of diverse individuals, coached by professional mentors, using a certified methodology and professional training. It involves an initial period of insight generation and collaboration and concludes with business case development and validation. The program involves a sequence of four major client presentations with real client feedback and guidance to assure practical results.