Hult Innovation Olympics

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HULT ACTION LEARNING PROGRAM

HULT

International Business School

SHANGHAI

LONDON

BOSTON

DUBAI

SAN FRANCISCO

DIVERSE STUDENT TEAMS BRING A RANGE OF INDUSTRY, COUNTRY AND FUNCTIONAL BACKGROUNDS TO YOUR MOST CHALLENGING PROBLEMS.

WHAT IS THE INNOVATION OLYMPICS?


The first truly global innovation competition: 5 Global Locations 5 Leading Companies per Location 5 Uniquely Diverse Teams per Company 5 International Students per Team

Unleash the power of FIVE international MBA student teams to help you tackle your most difficult challenge GROWTH!
The program continues to be a source of creative and innovative ideas from which BAE Systems will develop future business opportunities. There are few opportunities in which sponsors and students can gain so much mutual experience and benefit.
LARRIE CABLE VICE PRESIDENT, INNOVATION & GROWTH, BAE SYSTEMS

Five teams compete with each other to be the winner of the best business plan for your company. The winning team for each company competes to be the best business plan for each location. The winning team for each location competes to be declared the best global winner of the Innovation Olympics.

WHY SHOULD YOUR ORGANIZATION PARTICIPATE?


HIGH IMPACT. Get a diverse portfolio of bankable new growth

options for your company around both existing and new offerings, channels, markets, businesses and business models!
LOW BURDEN for your organization. LEARN a proven approach for developing growth platforms and

breakthrough business concepts that has evolved from our work as innovation practice leaders at Arthur D. Little, the Monitor Group and the IXL Center.

PAST PARTICIPANTS

PROGRAM DETAILS

Hults Innovation Olympics


The epiphany came when the Head of Diagnostics got so involved in the discussion that he interacted with the ALP teams not as students, but as peers, in a detailed rapid-fire business meeting.
DR. ROBIN W. SPENCER, PFIZER

Senior executives from world class organizations drive high performance results through four focused meetings with student teams and faculty mentor during the seven week program: More senior the better Leaders must demand world-class results from students Suspend disbelief in the early stages Raise the bar by having presentations in boardrooms and to an executive steering committee

Diverse global teams of mid-career MBA students spend their last semester focused on your firms challenge. Each company receives five teams of five students. Fifteen companies across three continents participate. Student diversity by the numbers: 50 countries represented 57 years of work experience Average age is 30 years All major industries and functional areas
DIVERSE, GLOBAL MBA TEAMS EXPERIENCED BUSINESS INNOVATION MENTORS

BEST COMPANIES, HARDEST CHALLENGES

Experienced innovation and growth consultants and professors provide expert guidance and program management Enables clients to focus on evaluating ideas and business concepts, not project management IXL Center practice leaders direct the program at each Hult campus Senior management consultants manage and guide the student teams and act as the primary interface between teams and clients Previous mentors include partners from ADL and Monitor Group, & current and retired senior executives from global firms

COMPETING & COLLABORATING TO WIN

Battle tested process generates a wealth of insights and business concepts in seven weeks.
1 WEEK 1 WEEK 1 WEEK 2 WEEKS 2 WEEKS

FOCUS INNOVATION EFFORTS


OUTPUT

DEVELOP OPPORTUNITY INSIGHTS


OUTPUT

IDENTIFY FIELDS-OF-PLAY
OUTPUT

CREATE BUSINESS CONCEPTS


OUTPUT

BUILD MINI BUSINESS PLAN


OUTPUT

Strategic Innovation Portfolio Defines the Campaign & Establishes Boundaries

500 + Insights/Idea Fragments Across Markets, Offerings, Technologies, etc.

25 Fields of Play: New Opportunity Spaces for Your Business

25 New Business Concepts Focused Within Five Prioritized Fields of Play

4-5 Business Plans for Your Organization to Pursue on Monday Morning

Clients must commit to FOUR IN-PERSON MEETINGS at specific points in the program. Meetings can be at Hults campus or at the company office. Each meeting lasts approximately four hours and includes the student teams and the faculty mentor.

BATTLE TESTED 7-WEEK PROCESS

Collaboration and competition moves teams from common understanding to unique solutions for your organization: Teams work together initially to rapidly crowdsource insights and idea fragments Competition in later stages increases intensity and quality of output

HULT MBA STUDENTS PRESENT THEIR BUSINESS PLANS TO SENIOR EXECUTIVES DURING THE FINAL WEEK OF THE PROGRAM.

EXAMPLES OF PREVIOUS INNOVATION OLYMPIC CHALLENGES 1. Working with the PRESIDENT OF SHERWIN WILLIAMs $2 billion Global Finishes Group to develop new coating concepts that could be possible and profitable for emerging markets over the next five years. 2. Helping DIRECTORS AT BAE SYSTEMS, the leading global defense and aerospace company, leverage their existing state-of-the-art competencies and technologies in sensors, communications and systems engineering. 3. Identifying new offerings, channels, technologies and social networking platforms to support the AMERICAN CANCER SOCIETYS HEALTH AND WELLNESS PROGRAMS across the US.

The presentations were very similar to what our internal leaders have presented. In six weeks, the ALP teams came up the learning curve extremely quickly and the results were amazing, I am very interested in participating next year!
RON WIRAHADIRAKSA, CFO PHILIPS HEALTHCARE

INNOVATION OLYMPICS DIRECTORS AND CAMPUS MANAGERS


DR. HITENDRA PATEL
HULT PROFESSOR OF INNOVATION AND GROWTH; MANAGING DIRECTOR, IXL CENTER

At IXL Center, Hitendra works with firms and their executives to develop the institutional capabilities and culture that foster growth through innovation. He is also a lead instructor and facilitator for IXL Centers innovation management certification programs. At Hult, Hitendra teaches innovation and growth courses and is the founder of the schools Innovation Olympics program. RONALD JONASH
PARTNER, IXL CENTER

Rons specialties are the strategic management of innovation, technology and R&D to create and capture maximum value. In addition, Ron is on the faculty of the Hult International Business School, and on the Advisory board of Arthur D. Little Inc. TYLER MCNALLY
PARTNER, IXL CENTER

Tyler works closely with IXL Centers clients to design and deliver innovation management capabilities building programs that combine blended learning instruction, workshops, coaching and mentoring for executives and teams.

Hult, formerly the Arthur D. Little School of Management, is an NEASC and AMBA accredited business school. Established in 1964, Hult offers a unique one year MBA program to a diverse student body from over 50 countries. Its flagship MBA program received top rankings from both the Financial Times and the Economist Intelligence Unit. The school has five campus locations: Boston, San Francisco, London, Dubai, and Shanghai. For more information, please visit www.hult.edu.

IXL Center develops, designs and executes the Innovation Olympics on behalf of Hult. IXL Center also provides education, training, coaching and advisory services to build the innovation capabilities of individuals, teams and organizations. IXL Center helps clients achieve bigger, bolder, better results more quickly and cost effectively through blended learning and action learning programs, its Innovation Management Certification (ICM) program and collaborative research projects. Please visit www.ixl-center.com for more information.

Hult selects INNOVATION OLYMPIC CORPORATE PARTICIPANTS between August April. To learn more or express an interest in participating, please contact: +1-617-500-7150 alp@ixl-center.com
DESIGN BY OPUS DESIGN LLC www.opusdesign.us

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