PepsiCo announces unique initiative for management students
Ahmedabad,
Jan
18:
PepsiCo
today
announced
its
unique
initiative
''Taste
the
Success-
Become
Indra's
Advisors''
challenge
for
management
students
in
India.
All
full-time
MBA
students
in
these
B-schools
are
eligible
to
participate
in
the
contest.
The
management
students
will
have
to
form
a
team
of
maximum
three
members
and
prepare
a
business
strategy
after
reading
the
case
proposed
by
PepsiCo.
They
will
then
have
to
register
and
upload
it
onto
the
website
www.pepsicotastethesuccess.com.
Under the challenge, PepsiCo India has invited business strategies for unlocking the latent demand for beverages in India from the leading management schools, including the five Indian Institute of Management (Ahmedabad, Bangalore, Kolkata, Lucknow, and Indore), Management Development Institute (MDI), Faculty of Management Studies (FMS), Xavier Labour Relations Institute (XLRI), Symbiosis Institute of Business Management (SIBM) and Jamnalal Bajaj Institute of Management Studies (JBIMS).
These strategies will be adjudged by a distinguished jury comprising esteemed industry leaders and academicians along with PepsiCo officials. The winners will get an opportunity to present and discuss their case study with PepsiCo Chairman and CEO Indra Nooyi in New York. If the business strategy is found feasible, students may get an opportunity to engage as advisors with PepsiCo to operationalise their ideas.
The first runner up will get a cash award of INR 1,00,000, while the second runner up will get a cash award of INR 50,000. The top six teams will get a chance to appear for a pre-placement interview (PPI). PepsiCo India sources said, ''It is extremely exciting for us to introduce this initiative for the most talented brains in India.
While it provides the management students a chance to challenge themselves with a real-time situation, it provides PepsiCo an opportunity to engage with some of the finest brains to arrive at an innovative solution.''
UNI