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Hyderabad (Telangana) [India], July 3rd (ANI / NewsVoir): ICFAI Business School, Hyderabad, recently won two EFMD (European Foundation for Management Development) case awards.

EFMD, a leading accreditation agency for management schools with its EQUIS accreditation, has announced the winner of the highly regarded EFMD Case Writing Competition.

A case “SC Johnson and the Global Ocean Plastic Crisis”, written by Ms. Syeda Maseeha Qumer and the late Dr. Debapratim Purkayastha, was the winner in the “Corporate Social Responsibility” category.

The case looks at SC Johnson’s efforts to address the global ocean plastic pollution crisis. He highlighted the challenges the company faced in the fight against plastic waste in the ocean, including the complexity of the plastic value chain, improvements in waste management, the lack of adequate government regulations and changes in consumer behavior towards the use of plastic.

Another case “Family feud at Aldi Nord”, written by Dr. KBS Kumar and Ms. Indu Perepu emerged as winners in the “Family Business” category. The case is about the Germany-based Albrecht family discounter chain Aldi and focuses on a family dispute that affected the family business.

16 years … 16 awards

ICFAI Business School won these two Case Awards in the 2020 edition of the competition, which received more than 550 submissions from top business schools around the world. The EFMD has been organizing a case writing competition since 2003 and the ICFAI Business School started submitting case studies for the competition in 2005. Since then, she has won 16 awards in the past 16 years.

Other notable winners over the years include INSEAD, London Business School, IESE, Rotterdam School of Management, IMD, Ivey Business School, Kellogg School of Management, ISB, IIM-A, IIM-B and IIM-C.

According to the jury, which evaluated the submissions from around the world in the “Family Business” category, the case was chosen as the winning case for the family business because of its well-written, fascinating story with interesting details and relevant topics. This case offers students and family businesses interesting food for thought.

“With over 550 submissions this year, the cases enable a wide variety of educational goals and spark a much-needed debate that will pave a sustainable path out of the pandemic and inclusive economic recovery,” said Eric Cornuel, president of EFMD Global.

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ICFAI Business School (IBS) is a member of the ICFAI Foundation for Higher Education, Deemed-to-be University under Section 3 of the UGC Act 1956, Hyderabad. It is a leading business school that has been regularly ranked as one of the top 10 B – Schools of India by independent rating agencies. IBS has received AACSB accreditation, the gold standard of international accreditation. It is one of the first business schools in South Asia to receive the renowned SAQS accreditation.

NAAC, an autonomous institute of the University Grants Commission, has also accredited the ICFAI Foundation for Higher Education (as a university) with an “A” grade with an impressive score (institutional CGPA) of 3.43 out of 4.

EFMD is a global, non-profit, member-oriented organization dedicated to management development. It is recognized worldwide as the accreditation body for business schools, business school programs, and corporate universities.

With the support of our 966 members in 90 countries, EFMD acts as a catalyst to promote and improve excellence in management development worldwide. It is based in Brussels, Belgium, with offices in Geneva, Hong Kong, Miami and Prague.

With our network of 30,000 management professionals from science, business, public services and consulting firms, EFMD plays a central role in shaping the global approach to management education and offers a unique forum for information, research, networking and debate on innovation and best practice.

This story is provided by NewsVoir. ANI assumes no responsibility for the content of this article. (ANI / NewsVoir)

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